News
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.
Today
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...
Today
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...
Today
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.
Today
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...
Today
Far Rarer than Diamonds
25 september 2026
(idexonline.com) - Diamonds are ancient - billions of years old, known to mankind for millennia and found in deposits across the six continents of Africa, Asia, Europe, North America, South America and Australia.
Falling Supply May Bring Diamond Market Back Into Balance
18 september 2026
(jckonline.com) - It hasn’t been a particularly good year for the diamond mines, though it’s been an unprecedented year for diamond mines closing.
Narendra Modi fails to dull gold’s lustre in India
11 september 2026
(ft.com) - Indians are ignoring calls by Narendra Modi’s government to curb gold purchases, according to the country’s biggest jewellery retailer.
South Africa’s small-scale, junior diamond sector faced with many headwinds
04 september 2026
(miningweekly.com) - South Africa has long been a significant force in the global diamond industry; however, it has faced regulatory and logistics headwinds which are placing pressure especially on the small and junior sector.
Lab-Grown Diamond Wholesale Prices Are in Freefall; Retail Margins May Be Next
17 august 2026
(jckonline.com) - Seated at his table at the Diamond Dealers Club in New York City, 11 stories above the city’s Diamond District, Farshid Roshanravan says that lab-grown diamonds don’t carry the weight they once did.
