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

UBS: More than 80K stores likely to close in the next 5 years

05 may 2021

(retaildive.com) - The pandemic year was brutal for most retailers, and for many it meant a trip to bankruptcy court. Yet some of the worst fallout is happening now, as the industry takes stock of which consumer trends turn out to be permanent and which may be fleeting. While the extent of any permanent online shift is yet to be determined, for example, UBS joins Wells Fargo, the Conference Board and AlixPartners in its finding that from now on, more consumers will continue to buy more online. In their report, UBS analysts said they assume that e-commerce penetration will reach 27% in 2026, up from 18% last year. That's changing the landscape, literally: By UBS's measure, Amazon last year grew its U.S. fulfillment space by some 100 million square feet; that plus Wayfair's fulfillment expansion reached the equivalent of 21,000 retail stores.