WPIC expects 4th consecutive platinum market deficit in 2026

In its newest market report, the World Platinum Investment Council (WPIC) has estimated the platinum supply deficit in 2026 at 240,000 ounces, following a 1.1 million ounce shortage in the previous year.

Yesterday

Diamond prices mixed in February on US tariff uncertainty - report

The dynamics in the diamond market was mixed last month on the back of persistent uncertainty surrounding US trade tariffs, according to a newest Rapaport price report.

Yesterday

Lucara posts lower 2025 revenue, warns additional funding needed for Karowe underground project

Lucara Diamond reported declining revenue and earnings for 2025 as it advances the underground expansion of its flagship Karowe mine in Botswana, while cautioning that additional financing will be required to complete the project.

04 march 2026

Lithium Americas targets $1.3bn - $1.6bn Thacker Pass investment in 2026

Canada-based Lithium Americas continues work on Phase 1 of its Thacker Pass project in Nevada, and plans to invest from $1.3 billion to $1.6 billion into its construction in 2026.

04 march 2026

Sylvania Platinum buys back shares from employees under the bonus plan

South Africa-focused Sylvania Platinum has acquired 276,692 ordinary shares from employees under its Bonus Share Award Plan, purchasing them at a 30-day volume-weighted average price (VWAP) of 115.33 pence per share.

04 march 2026

The diamond industry is at an inflection point

20 december 2024

By Nathan Flesher and Sebastian Reiter

(mckinsey.com) - After surging during the pandemic, diamond prices have reversed to multiyear lows. Proactive moves by players across the value chain can help ensure stability and longevity in the years to come.

Today, as the supply chain normalizes—and the traditional three-year cycle of engagement to marriage reemerges—prices are collapsing as a result of several recent trends.