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 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 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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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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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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(ft.com) - Indians are ignoring calls by Narendra Modi’s government to curb gold purchases, according to the country’s biggest jewellery retailer.
Profits at Titan — part of the Tata conglomerate — rose by 63 per cent, while footfall also increased in the most recent quarter. Jewellery accounts for the vast majority of the chain’s earnings.
