Indian jewellers promote natural diamonds amid competition from lab-grown stones

Falling prices for lab-grown diamonds and their resulting rise in market share are transforming India’s diamond jewellery market and prompting jewellers to take proactive measures.

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Ethiopia opens first gold refinery to serve region

Ethiopia has inaugurated its first gold refinery, a $50 million joint venture that the government hopes will establish the country as a regional hub for precious metals processing, Prime Minister Abiy Ahmed announced over the weekend, according to Reuters...

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Anglo American bets R11.2B on South African mining's future

Anglo American has reaffirmed South Africa's potential as a premier mining investment destination, even as the company commits R11.2 billion ($677 million) to an ultra-high dense media separation iron-ore project at Sishen in the Northern...

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Nornickel forecasts $4 billion in precious metals revenue for 2026 - report

A senior Nornickel representative noted that the company expects to generate $4 billion in revenue from precious metals sales this year.

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Russia to build first permanent REM magnet plant

In 2028, Russia is set to start the construction of its first plant for manufacturing permanent magnets from rare-earth metals (REM) in the city of Glazov, to be commissioned in 2029 with an initial capacity of 500 tonnes per year, said Andrey...

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CIBJO Mulls Whether to Call Lab-Grown Diamonds “Synthetic”

05 december 2025

By Rob Bates

(jckonline.com) - CIBJO, the World Jewellery Confederation, says it’s reexamining the question of what to call lab-grown diamonds, but contrary to some reports, it hasn’t made any decisions on the matter yet. Last month, in a special report published on CIBJO’s website, Udi Sheintal, head of the organization’s diamond commission, argued that CIBJO’s Diamond Blue Book should no longer endorse the term laboratory-grown for non-natural stones and that they should instead be called synthetic.