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

Silver market deficit to widen in 2026 - report

In the latest World Silver Survey prepared by the Silver Institute and Metals Focus, the global silver market deficit is forecast to widen for the sixth consecutive year to 46.3 million ounces.

16 october 2026

Tharisa signs PGM offtake deal with Valterra Platinum, expands chrome collaboration

South Africa’s Tharisa has entered a binding arrangement for the sale of PGM concentrate to Rustenburg Platinum Mines, a subsidiary of Valterra Platinum, effective 1 January 2027.

16 october 2026

Norilsk hosts Nornickel’s 3rd Geology and Mine Surveying Forum

The 3rd Geology and Mine Surveying Forum, organized by Nornickel, has kicked off in Norilsk. The event continues to grow in scope, this year bringing together representatives from universities, equipment suppliers, design teams, mining companies, and...

16 october 2026

Technology in the Diamond Industry: Rough Sorting

10 may 2017
(ehudlaniado.com) - Unlike in some sectors of the diamond industry, rough sorting and price evaluation are still largely done by skilled people examining the diamonds. Walk into any rough diamond sorting room, and you will find a few standard tools that are used almost universally to assist in classifying rough stones. In the past few years, however, new technology has been developed that is helping automate rough sorting, especially for smaller diamonds that are laborious to sort manually. Other minerals that can infiltrate a parcel of diamonds can sometimes fool even the most skilled rough sorter. This is especially true of smaller diamonds, which tend to be present in huge quantities. Diamond testers are a tool to help sorters establish if a questionable stone is indeed a diamond, or a similar-looking stone such as silicate. Diamond testers work by sending heat into the stone, and by measuring how quickly the stone conducts the heat. Each type of mineral has its own unique conductivity signature, and this helps determine if the stone is indeed a diamond. The one drawback to diamond testers is that for the moment, many of them cannot distinguish between diamonds and moissanite, a common substitute for diamonds that requires a separate tool to evaluate.