Falling oil prices were a factor in the slight month-over-month improvement.
DDI Ready to Expand Maendeleo Diamond Standards
The standards, which certify diamonds mined by artisanal and small-scale operations as being responsibly sourced, have been in test mode since 2012.

Ottawa, Ontario—The Diamond Development Initiative has officially launched the Maendeleo Diamond Standards, the certification system for diamonds sourced from artisanal and small-scale mining operations that DDI has been testing since 2012.
The Maendeleo Diamond Standards consist of eight specific principles covering legality, consent and community engagement, human and worker’s rights, health and safety, violence-free operations, environmental management, interactions with large-scale mining, and site closure.
Diamonds mined under these standards will be certified by DDI as “Maendeleo Diamonds” (Maendeleo is a Swahili word meaning development), and can be considered as being mined in conflict-free zones through violence-free operations that respect both human and worker’s rights and use practices that are environmentally responsible.
DDI developed the standards in consultation with governments, the diamond industry, local civil society organizations and artisanal miners in four African countries and South America.
It field-tested the program via pilot projects in Sierra Leone in 2012 and 2013, and expanded it from a pilot to a full program there in 2014.
DDI said late last month that the standards have received “broad acceptance” in Sierra Leone and are ready for implementation outside the country, across communities in Africa and South America where artisanal and small-scale diamond mining takes place.
What this means is that commercial entities, such as diamond suppliers and jewelry retailers, will now be able to ethically source diamonds from artisanal and small-scale operations, supporting miners and their communities by including their goods in the supply chain while also being able to give consumers credible assurance that their diamonds are responsibly sourced, DDI Executive Director Dorothee Gizenga said.
Established in 2007, the DDI is a non-profit that works to give artisanal and small-scale miners access to opportunities, information and the tools they need to flourish and be self-sustaining. DDI has independent observer status in the Kimberley Process.
The organization estimates that artisanally mined diamonds are a major source of livelihood for more than 1.5 miners working in 18 countries in Africa and South America, supporting as many as 10 million family members.
They represent almost 20 percent of the global diamond industry’s annual output by volume, but typically earn less than $2 a day working illegally under terrible conditions. Violence and child labor are common, and environmental damage is common.
The Latest

The new offering comprises more than 120 bridal and engagement ring styles with natural and lab-grown diamonds.

The clock is part of the celebration for the soon-to-open Rolex headquarters on New York City’s Fifth Avenue.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

The public relations professional is remembered for her benevolent generosity and unwavering commitment to those around her.


The new watch commemorates Pokémon’s 30th anniversary.

The luxury retailer is now called Exemplar Luxury Group.

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

The “Lady” collection is a new take on old beauty standards with gemstone-adorned hair pins and combs, a compact mirror necklace, and more.

All active members who earned their credential or designation before Dec. 1, 2025, are required to recertify.

The new jewelry collection uses a colorful palette of onyx, malachite, tiger’s eye, mother-of-pearl, lapis, turquoise, and coral.

Lee Michaels Fine Jewelry is celebrating 30 years in the Ridgeland, Mississippi community.

Sean Milliner has joined the company.

Classes will begin in August at GIA’s new Canary Wharf location.

A ring set with “hogback” diamonds, an early stone cut dating to around the 16th century, sold for more than $20,000 at a U.K. auction.

The rainbow version of the ring, our Piece of the Week, features angel-cut, octahedral lab-grown sapphires designed to be worn as armor.

The new initiative donates a portion of the proceeds from select charms to charitable causes.

The Brooklyn-based jeweler created a limited-edition version of its “Aura” eternity band, set with gemstones in the team’s colors.

Senior Editor Lenore Fedow headed to Savannah to learn more about the 10-year, $10 million partnership between JM and the art school.

Its new capsule jewelry collection features gold-finished stainless steel pieces designed for a maximalist look without a luxury price tag.

The week-long event in Geneva is slated for April 2027.

The three industry leaders bring financial, communications, and legal expertise to the nonprofit’s board of directors.

Jewelers are missing out by not offering this one key add-on at the online point of sale, Emmanuel Raheb writes.

The fourth collaborative collection from the retailer and jewelry content creator focuses on gemstone charms and strands of colorful beads.

This year’s AGTA Spectrum & Cutting Edge Awards will feature two new categories.

The collection features traceable alexandrite from Brazil in calibrated sizes that is sorted by grade.

Dhaval Raja has been appointed to the role.






















