Russia’s biggest diamond mining firm sees China overtaking the U.S. as the world’s top buyer of the precious gemstone.
Millennials have also posed a challenge for the diamond industry.
Mountain Province Diamonds discovers "white octahedron," a 95-carat diamond unearthed from the Gahcho Kue mine in Canada.
Strong Chinese and Indian demand may propel diamond prices to new heights in 2018.
Support for synthetic, ethical and lab-grown diamond is growing amid issues on traditional diamond extraction.
De Beers has decided to shut down its troubled Snap Lake Mine.
Sales of rough diamonds in Belgium, Brazil and Botswana have not been impressive so far this year.
The sales of diamonds dipped but experts are expecting a rebound as winter holidays are coming up.