CIBJO publishes report on geopolitical events impacting diamond industry

The World Jewelry Confederation (CIBJO) has published the next special report in the series timed for 2024 CIBJO Congress in Shanghai in November, this time dedicated to geopolitics and its role in the current diamond industry landscape.

13 september 2024

DRC’s Gecamines sells copper from Tenke to three commodities trading heavyweights

Glencore, Mercuria Energy Group, and the Trafigura Group are purchasing copper from the state miner of the Democratic Republic of Congo, Gecamines, which is marketing metal from joint venture operations for the first time.

13 september 2024

Nornickel’s VP shares information on innovative technologies in production

Norilsk Nickel Vice President for Innovation Vitaly Busko told TASS in an interview about new technologies the company uses to improve efficiency and conserve resources.

13 september 2024

Anglo American South Africa takes first step towards Amplats demerger

Anglo American South Africa, a subsidiary of diversified miner Anglo American sold 13.94 million shares of Anglo American Platinum (Amplats) at a price of R515 ($28.82) a share to raise about $ 400 million.

13 september 2024

SOKOLOV names leading Russian regions for jewelry spending in H1 2024

According to the analytical center of SOKOLOV jewelry retailer, by the end of the first quarter of 2024, the Russian jewelry retail market in monetary terms reached 199 billion rubles, which is 29.3% higher than in the same period of last year.

13 september 2024

What’s Causing China’s Diamond Slump?

02 may 2024

By Avi Krawitz

(rapaport.com) - In mid-2023, as China’s real-estate crisis lingered, property firms started to offer gold bars as an incentive to buy their apartments. The property slump, along with several other factors, is having a marked effect on consumer confidence and the diamond market.