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...

Today

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.

Today

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.

Today

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.

Today

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.

Yesterday

A New Twist on Chameleon Diamonds

29 october 2021

(idexonline.com) - There's nothing new under the sun.  So said King Solomon, the wisest of all men. But even the familiar sometimes takes us by surprise. You might imagine we know everything there is to be known about diamonds. After all, they're billions of years old, we've been schlepping them out of the ground for the best part of a century and a half, and we've built a vast industry around people's desire to own them.  And yet there's stuff we're still discovering.  Like the fact that some diamonds change color at low temperatures. We've known for a while that a tiny number of diamonds - dubbed chameleons - react to high temperatures.  They change from an olive green to a lighter orangey yellowish hue when heated to between 302F and 482F / 150C and 250C.  There are also reverse chameleons - even rarer - which change the other way, from a light orangey yellowish hue to olive green when they're kept in the dark. But now there's a new kid on the block - diamonds that change color in the cold.