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

Ter Haar: it's time diamonds become symbolic of the good that they do

09 august 2019
(idexonline.com) - "Transparency and good governance must continue to be a guiding value of corporate behaviour in order to earn the trust and respect of our current and future consumers," Marcus ter Haar, Managing Director of Okavango Diamond Company (ODC), said in his address to the Plenary Meeting of the Policy Dialogue on Natural Resource-based Development earlier this summer in Paris. The meeting was hosted by the Organisation for Economic Co-operation and Development (OECD), the international organization that for more than 58 years has accumulated ample experience and insights that help build better policies to foster prosperity, equality, opportunity and well-being for all.