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

Test phase of new diamond-in-rock detection technology successfully completed

01 december 2017
(miningweekly.com) - The University of Johannesburg (UJ) School of Mechanical and Industrial Engineering’s MinPET three-dimensional (3D) diamond-in-rock detection system is now nearly ready for scaling up to commercial scale. The system detects diamonds enclosed in kimberlite ores, after mining and during processing. “We have essentially completed the technology development,” explains Professor Simon Connell, the project physicist and a member of the school’s staff. “It has been proven at the laboratory test scale. We’ve done computer simulations of the scale-up and these are delivering very encouraging results. The simulations indicate that scaling up will pose no problems. Indeed, some aspects of the process could become easier with the scale-up.” The simulations were done assuming a throughput of 500 t/hour of ore, which is generally the throughput used with existing processes. Now we need to build a fully operational system at a mine,” he states. “It would be both the pilot plant and the first full-scale commercial plant – a commercial pilot plant, so to speak.” The project team is close to signing a partnership agreement with a venture capitalist, which would see the latter become a co-developer. The intellectual property developed by the school through this project will be vested in the UJ.