News
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.
Yesterday
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.
Yesterday
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.
Yesterday
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.
Yesterday
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...
Yesterday
China’s Wealthy Millennials Want “Newness” and “Speed:” Bain
(Jing Daily) - China’s luxury industry players emitted a collective sigh of relief on Wednesday (January 17) as Bain and Company reported China’s luxury goods market took its biggest leap forward in sales in six years. It’s six years that have been plagued with challenges as China’s anti-graft campaign put a plug in ostentatious purchases, a problem compounded by the country’s slowing economic growth. The tides now seem to be changing, however. On Thursday, the BBC reported that China’s economy grew by 6.9 percent last year, and the rate has sped up for the first time in seven years, according to official data.
