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
Ocean Floor Diamonds Are Officially a Thing
08 july 2021
(vogue.com) - Just off the coast of Namibia, the ocean floor is scattered with… diamonds. Real, actual diamonds. Exactly like the ones you’re familiar with—the kind extracted from mines—these stones are billions of years old. But entirely unlike those diamonds, they were carried through rivers, churned through mega-storms, and eventually emptied into the Atlantic over the course of millennia. They can be plucked from the water by the human hand, “with no trace left on the environment.” The story is as awe-inspiring as nature itself, but if you’re wondering why you didn’t know “ocean diamonds” exist, you aren’t alone.
Amplify Our Environmental Message
07 july 2021
(diamonds.net) - When Pandora announced that it was moving to synthetics because the segment aligned with its sustainability goals, the natural-diamond trade responded by highlighting the tens of millions of people who depend on mined diamonds for income. “The misleading narrative created by the Pandora announcement implying the natural-diamond industry is both less ethical and the impetus behind Pandora’s move to lab-grown diamonds…can have unintended but substantial consequences [for] communities in developing nations,” read the statement from the five trade groups representing the natural sector. That is a good argument. The natural-diamond industry’s contribution to communities around the world is considerable and has no parallel in the lab-grown sector. But the groups’ statement did not address Pandora’s broader claims: the issue of sustainability, and particularly the environment.
AGD DIAMONDS takes part in international diamond forum
06 july 2021
(agddiamond.ru) - AGD DIAMONDS took part in the international conference "Diamonds – Source to Use 2021" held on June 9-10, 2021, and organized by the Southern African Institute of Mining and Metallurgy (SAIMM), the Diamonds of Pomorie reports.
Loan Stars: How Jewelers Managed the Crisis
05 july 2021
(diamonds.net) - Despite the lockdowns, mask mandates, economic anxiety and fraught political landscape, 2020 wasn’t a bad year for jewelers. “So many retailers find themselves in the best cash positions they have had in years, if not the best in their history,” says Abe Sherman, CEO of business consulting firm Buyers Intelligence Group. US jewelry sales figures for March 2021 testify to that: They more than doubled year on year, increasing by 106%, according to Mastercard SpendingPulse. One reason for the surge was the strong base comparison with March 2020, notes the analytics service, since that was when the pandemic first started to hit retail. However, Mastercard also points to consumers having extra cash for jewelry due to government stimulus payments. Independent jewelers’ bottom lines also benefitted from widespread governmental assistance. In January, the US Department of Treasury reported that its Paycheck Protection Program (PPP) had so far “successfully provided 5.2 million loans worth $525 billion to America’s small businesses, supporting more than 51 million jobs.”
Former De Beers senior exec looks to take diamond ID tech global as he joins Opsydia
02 july 2021
() - A former De Beers Group senior executive has been appointed to the board of Opsydia, a sub-surface laser specialist working to improve identification in the diamond industry. Opsydia places unique IDs that are not visible to the naked eye under a diamond’s surface so that they can be accurately identified, therefore reducing fraudulent gemstone sales.
Former De Beers Group senior executive, Jonathan Kendall, joins the company’s non-executive board of directors. In the role he will be responsible for advocating for Opsydia’s solutions and its innovative commercial benefits at all stages of the diamond pipeline.
