(World Analytics) - Diamond is the most concentrated form of pure crystalline carbon in nature and has the properties of highest hardness and thermal conductivity. These are the most durable, expensive, and rarest mineral found across the globe. Diamonds are used in multiple industrial applications such as polishing tools and cutting. It has gained popularity across the globe for its beauty as a gemstone. The major producers of diamond across the globe are the Central & Southern Africa countries, Russia, Australia, Canada, and Botswana. Diamonds are attractive among end-users for its usage in the industrial and fashion sector. Moreover, it is found to be popular among consumers as it is considered to be the most precious ornament. Diamonds are used to make jewelry which has high demand during weddings, and on special occasions. They are also used as a fashion statement. Revenue growth of rough diamonds is largely attributed to increased production by smaller players.
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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
