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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Las Vegas 2019: Guts without Glory

24 june 2019
(edahngolan.com) - When hit, we instinctively flinch. Close our eyes for a moment, crunch, and maybe turn sideways a little. But in a fight, that is the wrong thing to do. You’ll get hit, suffer and lose. Guts without glory. Every boxer knows that when a fist is heading in your direction, the smart thing to do is hit right back. It throws off your opponent, who is usually pretty open at that point, and this has a great psychological impact. In a fight, your goal is more than to remain standing. You want to win. No matter what, even of the cost is an occasional blow. To win, you may need to suffer some pain, so hit back, don’t stop attacking, don’t flinch. The diamond industry used to be a prize winner. It was young, feisty, fast, hungry, well financed, and had the ultimate sponsor. But at more than 100 years old, it’s a little tired, has less energy, bouncing back is tougher, the slower response time does not allow it  to hit back when a blow is sent in its direction. Is the diamond industry an aging fighter losing its stand? A few recent events, including the just concluded trade shows in Las Vegas, may provide an answer.