News
Diamond jewellery sales in India set to increase 15% - 20% on sharp rise in gold prices
Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...
Yesterday
South Africa mining output falls 12.7% in August on weak PGMs, coal and iron ore
South Africa's mining output declined 12.7% year-on-year in August, according to Statistics South Africa, with platinum group metals, coal, and iron ore accounting for the largest negative contributions.
Yesterday
Aterian expands copper footprint at Azrar project in Morocco
Aterian has identified multiple copper showings and substantially expanded the known mineralisation footprint at the Amane Target of its 85%-owned Azrar Copper-Silver project in Morocco, following initial exploration fieldwork.
Yesterday
Russia’s Ministry of Natural Resources identifies region with largest platinum and palladium deposits
Russia retains second place globally in terms of platinum and palladium reserves, while the largest deposits of these metals are concentrated in Krasnoyarsk Territory, according to the Russian Ministry of Natural Resources.
Yesterday
Tharisa meets FY2026 guidance, Karo Platinum fully funded as net debt swings to $51m
Tharisa has reported full-year production in line with guidance for both platinum group metals (PGMs) and chrome concentrates, while confirming its Karo Platinum project in Zimbabwe is now fully funded following a $300 million bond issue.
13 october 2026
A Fancy Contrarian Opportunity
(streetwisereports.com) - From an investment perspective, diamonds may be one of the last contrarian bets left within the commodity complex. Base metals, battery metals, precious metals—prices of each have surged in the past year as inflation looms. Diamonds have lagged until recently, despite favorable supply-demand dynamics coming out of a long bear market that saw global diamond exploration screech to a virtual halt. Large diamonds and rare colored diamonds are leading the way. Last year Louis Vuitton, the world's most powerful luxury brand and the recent acquirer of Tiffany & Co., purchased two of Lucara's most prized diamonds—the 1,758-carat Sewelo and the 549-carat Sethunya (above)—with plans to turn them into brilliant centerpieces. The Sewelo is the second largest rough diamond ever mined. A 59.6-carat fancy pink diamond, the "Pink Star," sold for a record US$71.2 million in 2017. Smart contrarian investors are taking notice.
