Image credit: mohamed Hassan (Pixabay)
(forbes.com) - The last thing you’re probably thinking of buying at a time of viral contagion is a diamond, and the last thing the diamond industry needed after two earlier shocks is a buyer’s strike. It’s taking a step too far to say that the diamond industry is on the verge of a crisis, but there’s no doubt that tough times have arrived, and look like getting worse.
News
Russia to add titanium to its list of strategic raw materials
Russia’s Ministry of Natural Resources plans to add titanium to the list of key strategic mineral resources in the country.
Today
Meya’s commercial diamond production delayed until at least Q4 2026, Trustco warns
Meya Mining's transition to full commercial diamond production in Sierra Leone has been materially delayed and is now not expected before the fourth quarter of 2026 at the earliest, Trustco Group has warned.
10 july 2026
Canada to invest $400m in Teck’s polymetallic smelter in British Columbia to support critical minerals production
The Canada Growth Fund (CGF) and the Natural Resources Canada (NRCan) plan to invest up to $400 million in Teck Resources’ Trail polymetallic smelter under the Canada Critical Minerals Accelerator fund to expand the production capacity...
10 july 2026
Titan's jewelry sales in India grow amid festive demand
Titan's jewelry revenue grew 39% year-on-year in the first quarter, compared to an 18% growth in the same period of last year. The company announced this after summing up the results of the new financial year, the first quarter of which ended...
10 july 2026
Chilean authorities grant first major environmental approval for BHP’s Escondida copper project expansion
Major miner BHP Group has received the first important environmental approval for the expansion of its Escondida copper mine in Chile that would cost an estimated $14.7 billion in investment.
10 july 2026
