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

The Impossible New Diamond Setting

14 january 2022

(idexonline.com) - Back in 1886 Charles Tiffany introduced his game-changing six-prong solitaire setting to a diamond industry that was still in its infancy. Diamonds had, until then, been set in a bezel so that only the crown was visible, and much of the main attraction was obscured by metal. The Tiffany setting changed all that, exposing far more of the stone than ever before, while still retaining a firm hold. This was at a time when Cecil Rhodes had yet to launch De Beers (that was to happen two years later) and long before diamonds became the go-to gem for a gentleman proposing marriage. Nonetheless the Tiffany setting has endured, and remains a popular choice 135 years later. With all of that in mind, it will be interesting to see how future generations of jewelers and consumers judge the launch last week of a new solitaire diamond setting that appear to achieve "the impossible". It has no prongs, no clasp, no bezel, no visible support of any kind. There have been so-called floating diamonds in the past. They never truly floated.  But this patented invention from New Zealand - Floeting Diamonds - does what no setting has ever managed before.