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

Blessed are the Diamond Makers

24 december 2021

(idexonline.com) - I have a confession to make. When I first read that the Pope had blessed a lab-grown diamond, I laughed. The cynical journalist in me dismissed it as a PR stunt.  But then I considered the fact that the leader of the world's 1.34 billion Catholics doesn't grant an audience to the first marketing guy to turn up at the Vatican requesting a product endorsement. Diamond Foundry, the US-based manufacturer, had clearly been pushing at an open door when it made its approach. Pope Francis has been vocal in his support of sustainability issues over the last eight years, and has been particularly outspoken about the harm caused by mining. In July 2015 he spoke about those suffering as a result of mining activities, and he urged governments, suppliers, business leaders and investors to hold multinational mining companies to account over their behaviour.