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.

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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.

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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.

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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.

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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...

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Are LGDs the cause of lower melee prices?

19 april 2019
(idexonline.com) - Have you read the cover story of IDEX Magazine's March edition? If not, please take a few minutes this weekend to read it. In my article, "The Diamond Iceberg and Climate Change," I argue that the future of natural melee diamonds is endangered by their synthetic counterparts. Not because the latter are better, but that because of fraudulent manufacturing and trading practices with synthetics, the entire supply pipeline may lose confidence in natural melees. In a recent interview (https://www.gjepc.org/news_detail.php?id=4882) with Stephen Lussier, Executive Vice-President, Marketing, De Beers Group, the Gem & Jewellery Export Promotion Council of India (GJEPC) asked if he is worried about the influence of prices lab grown diamonds (LGDs) on the value of natural melees. Lussier, however, said he didn't think so.