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

De Beers bullish about synthetic diamonds

02 july 2018
(thepatriot.co.bw) - Months before the first batch of their synthetic diamonds jewellery hits the US markets in September 2018, De Beers has launched a massive public relations campaign to dispel misconceptions and fears about the decision, which caught many by surprise. The historic launch will happen in exactly three months, breaking the 130-year mining tradition at De Beers. "We have the technology and the skills. If we can produce critical medical equipment used for conducting surgical operations on patients' eyes what more with jewellery?" the bold assertion flows effortlessly from David Prager, De Beers Executive vice president, on Tuesday at the high security state-of-the-art headquarters in Gaborone, Block 8 Industrial. Across the glass-topped oval table in the middle of the room sits De Beers Executive Vice President, Commercial and Partnerships, Alessandra Berridge. Samples of glittering Lightbox jewellery are on display as the duo wax lyrical about how De Beers is bullish about the synthetics market and is confident that they have made the right decision to deliver value for shareholders.