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.

Today

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.

Today

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.

Today

Botswana, De Beers suitor near deal on ownership stakes – report

Botswana and a consortium leading the race to acquire De Beers are close to agreeing on their future ownership stakes, potentially clearing the way for Anglo American to exit the diamond miner, according to Bloomberg.

Yesterday

Petra Diamonds subsidiary ordered to wind up over unpaid tax

Petra Diamonds has confirmed that a winding-up order has been made against its wholly owned indirect subsidiary, Petra Diamonds UK Treasury Limited (PDUK Treasury), following a petition by HM Revenue & Customs.

Yesterday

GIA to Advertise Country of Origin Diamond Reports

01 august 2019
(jckonline.com) - The Gemological Institute of America (GIA) will spotlight its country of origin diamond reports in its consumer advertising this holiday. The country of origin program, originally called “Mine to Market,” uses a scientific method to link a piece of polished to the rough that spawned it, in order to provide consumers with information about a diamond’s country of origin. The reports will be featured as part of the GIA’s decade-old “Four C’s” consumer-facing advertising campaign. The new ads spotlight country of origin as a “fifth element” for consumers to look for, along with color, clarity, cut, and carat weight.