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

What Happens in Antwerp Doesn’t Stay in Antwerp

28 november 2018
(ehudlaniado.com) - If you want to understand the problems of the diamond industry, look no further than the rough diamond trade in Belgium’s diamond center in Antwerp. It is a microcosm that paints a painfully accurate picture. Antwerp is the world’s leading rough diamond trading center. Goods of all kinds come through it, the lowest cost and quality to the very top rough diamonds imaginable. The 1,109-carat Lesedi La Rona, found in Botswana and mined by a Canadian mining company was offered here. Most of the rough diamonds sold by tender are tendered in Antwerp. This is to say that Antwerp is an excellent bellwether of the global rough diamond market and the multitude of issues it faces.