News
Diamond jewellery sales in India set to increase 15% - 20% on sharp rise in gold prices
Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...
Yesterday
South Africa mining output falls 12.7% in August on weak PGMs, coal and iron ore
South Africa's mining output declined 12.7% year-on-year in August, according to Statistics South Africa, with platinum group metals, coal, and iron ore accounting for the largest negative contributions.
Yesterday
Aterian expands copper footprint at Azrar project in Morocco
Aterian has identified multiple copper showings and substantially expanded the known mineralisation footprint at the Amane Target of its 85%-owned Azrar Copper-Silver project in Morocco, following initial exploration fieldwork.
Yesterday
Russia’s Ministry of Natural Resources identifies region with largest platinum and palladium deposits
Russia retains second place globally in terms of platinum and palladium reserves, while the largest deposits of these metals are concentrated in Krasnoyarsk Territory, according to the Russian Ministry of Natural Resources.
Yesterday
Tharisa meets FY2026 guidance, Karo Platinum fully funded as net debt swings to $51m
Tharisa has reported full-year production in line with guidance for both platinum group metals (PGMs) and chrome concentrates, while confirming its Karo Platinum project in Zimbabwe is now fully funded following a $300 million bond issue.
13 october 2026
The Value of Values
30 august 2021
(diamonds.net) - “There’s a lust toward trust,” Leanne Kemp jokes as she explains the movement driving businesses to embrace sustainability. Since 2015, the company she founded and heads, Everledger, has been on a mission to facilitate that trend, using its blockchain-powered platform to help diamond and jewelry businesses keep a transparent record of their products’ provenance. Everledger is not the only one doing so. Over the past half-decade, several industry initiatives have gained steam, including Tracr by De Beers, Sarine Technologies’ Journey program, and the Diamond Origin Report service from the Gemological Institute of America (GIA). That’s in addition to the growing membership in organizations and trade bodies that set standards for responsible sourcing and sustainability.
A New Chapter after Mir Mine Tragedy
27 august 2021
(idexonline.com) - It's four years since the flooding tragedy that killed eight workers at Alrosa's underground Mir mine, in Siberia. This week the company appeared to move a step closer to re-opening the mothballed deposit, with the announcement that a decision on its future would be made by early next year. Sergey Takhiev, the company's head of corporate finance department, told the TASS news agency on Tuesday that safety would be its first priority.
Lucapa Expects to Begin Merlin Production in 2023
26 august 2021
() - Lucapa Diamond Company plans to begin processing the first ore from its newly acquired Merlin mine in Australia within the next 24 months. The company is currently working with the liquidators to complete administrative requirements and finalize the sale, after which it will begin work at the site, Lucapa managing director Stephen Wetherall told Rapaport News. The miner purchased the deposit for $6.6 million in May.
The ABCs of Sustainability
25 august 2021
(diamonds.net) - The meaning of corporate social responsibility (CSR) has changed significantly over the years. Back in the 1980s and 1990s, companies typically donated to charity on the quiet as a way of giving back to society; the idea certainly wasn’t flaunted. However, corporate philanthropy expanded in the 2000s to the point where, today, many businesses put their societal contributions front and center in their strategies and messaging.
Louis Vuitton and Gucci Are Gobbling Up Our Covid Savings
24 august 2021
() - Queues to get into Louis Vuitton stores have been snaking around the block. Waiting lists for brightly colored Rolex watches are long. Gucci sandals and Prada bucket hats are among this season’s most wanted items. Wherever you look, shoppers can’t seem to get enough luxury fashion goods. But swapping vacations for Versace may not continue at its current pace. That should be a worry for the big bling groups that are now trading at near-record valuations.
