Namdeb seeks State recapitalisation as diamond prices erode revenue

Namdeb Holdings, comprising Namdeb and Debmarine Namibia, has approached the Namibian government for financial assistance as falling global diamond prices cut into revenue, The Namibian reports.


Today

Nornickel and Reksoft Implement "smart vision" to protect production

Nornickel has deployed a neural network-based video analytics system across its facilities, designed to prevent equipment breakdowns and production stoppages, the company’s press service reported.

Today

Lundin achieves record quarterly gold output at its flagship Ecuador mine

Vancouver-based Lundin Gold has reported that in the third quarter of 2026, gold production at its Fruta del Norte mine in southeast Ecuador hit a new quarterly record.

Today

Richemont, Signet in talks to join De Beers consortium – report

Luxury group Richemont and US retailer Signet Jewelers are in advanced talks to join the Global Diamond Consortium (GDC) bidding for De Beers, according to five people familiar with the matter, Bloomberg reports.

16 october 2026

Rio Tinto begins Q4 of 2026 with strong operational performance

The Anglo-Australian mining group Rio Tinto has reported its third-quarter 2026 results, highlighting strong operational performance.

16 october 2026

Why the Diamond Producers Association Chose “Real Is Rare”

20 june 2016
(jckonline.com) - It is easy to think that the Diamond Producers Association (DPA) is trying to counter lab-grown diamonds with its new slogan: “Real is rare. Real is a diamond.”  The words real and rare are two clubs the natural industry tends to beat the lab-grown business with—even if both are somewhat debatable in that context. In a recent interview, DPA CEO Jean-Marc Lieberherr told Rob Bates of JCK he understands that reaction, but synthetic diamonds were never part of its thinking.