Sales News
Namibia Joins Luanda Accord, Expanding Natural Diamond Council's Global Influence

The Luanda Accord, a pivotal initiative aimed at bolstering the global natural diamond industry, has recently welcomed a new member, the Republic of Namibia. This expansion underscores the growing commitment among diamond-producing nations and industry bodies to collectively invest in and promote the enduring value and integrity of natural diamonds. The Accord's second high-level meeting, held during the African Mining Indaba 2026, served as the platform for this significant announcement, highlighting a unified front in category marketing efforts led by the Natural Diamond Council (NDC).
Further advancing its global reach and influence, the Natural Diamond Council (NDC) is set to welcome two prominent industry organizations into its membership. India's Gem & Jewellery Export Promotion Council (GJEPC) and the Dubai Multi Commodities Centre (DMCC) have formally committed to joining the NDC by May 1, 2026. This move, marked by a Memorandum of Understanding with GJEPC and a Letter of Intent from DMCC, signifies a strengthened partnership across the natural diamond value chain, aiming to enhance the industry's collective voice and strategic direction.
These recent affiliations and commitments are instrumental in fostering a more robust and ethically conscious natural diamond market. By uniting key governmental and trade entities, the Luanda Accord and the NDC are working towards ensuring sustainable practices, transparent operations, and a positive global perception for natural diamonds, benefiting all stakeholders from mining communities to consumers worldwide. This collaborative spirit promotes not only economic stability but also social responsibility within the industry.
The collective actions of these organizations reflect a powerful commitment to ethical stewardship and a positive future for the natural diamond sector. Through unity and shared vision, they are paving the way for an industry that values not just precious stones, but also the communities and environments that nurture them. This dedication ensures that the allure of natural diamonds continues to shine brightly, embodying purity, rarity, and lasting beauty for generations to come.
Other Articles
The Jewelry Symposium to Tackle Workforce Challenges in May 2026
The Jewelry Symposium (TJS) is set to host its second industry roundtable, "Rebuilding the Workforce," from May 16 to May 19, 2026, in Michigan. This event will focus on addressing critical workforce issues such as recruitment, training, and retention within the jewelry industry. TJS will also introduce a new mobile app to enhance the attendee experience, offering features like registration, agenda viewing, and community interaction. Early-bird registration is now open, with discounts available for groups and those booking hotel accommodations early.
The Jewelry Symposium Unveils Workforce Initiatives and New Mobile Application for 2026 Event
The Jewelry Symposium (TJS) is set to host its second Workforce Roundtable, focusing on strategies for talent acquisition and retention in the jewelry industry. Concurrently, TJS has launched a new mobile application to enhance attendee experience and opened registration for its 2026 event, scheduled for May 16-19 in Troy, MI, aiming to build on its increased attendance from the previous year.
Bonhams' New US Headquarters Opening in New York
Bonhams, a renowned auction house, is set to inaugurate its new U.S. headquarters on February 9, 2026, at 111 W 57th Street in New York City. This strategic move to Manhattan's cultural corridor marks a significant milestone, promising a diverse program of exhibitions, guest installations, and marquee auctions. The new location aims to enhance Bonhams' presence in the American market, showcasing its vast expertise across various categories, including an iconic Steinway & Sons piano once owned by Sir Elton John, and major works of 20th and 21st-century art and design.