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

Jewellery helps Richemont sales jump amid post-pandemic luxury revival

10 february 2022

(reuters.com) - Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at Cartier owner Richemont rise by nearly a third, the world's second-largest luxury group said on Wednesday (January 19, 2022). Sales at Richemont rose to 5.658 billion euros ($6.41 billion) in the company's third quarter ended December, a 32% increase when currency swings were removed. The performance was 38% better than the 2019 Christmas quarter before the pandemic hit, Richemont said in a statement.