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
Argyle Diamond Mine Closure: What’s Next for the Sector in Australia?
03 june 2021
(investingnews.com) - When the mining equipment permanently shut down at Western Australia’s Argyle mine in November 2020, the country’s diamond sector entered a transitional period. As the world’s fourth largest diamond-producing asset shuttered, domestic output of the gems instantly declined by as much as 90 percent. The future of the Australian diamond-mining sector is now heavily reliant on exploration, with several companies vying to discover another formidable source of rare diamonds.
About That Diamond Mine in China… Let’s Talk Facts
02 june 2021
(thediamondloupe.com) - Lately there has been another avalanche of press releases and media attention drawn to Laboratory Grown Diamond (LGD) producers and retailers who decide to jump on board of the LGD train. Before everybody starts to scream bloody murder, the whole LGD debate, this opinion piece included, is not about one versus the other. The point is precisely the opposite. LGD and natural diamonds do not need to be add odds with each other, as they are different products, with different values, both in an emotional and financial capacity. They can reinforce each other and even grow the market as a whole, which would be beneficial for both natural and LGD in the end. What does not help, is to throw mud at each other, make false claims, and deny the facts.
A Brave New World for the Diamond Trade
01 june 2021
(diamonds.net) - Health concerns aside, the diamond trade is in better shape than it was a year ago. In fact, the market dynamic is arguably healthier than it has been at any point in the past decade. That’s increasingly evident as polished prices continue to firm. The positive trend may come as a surprise considering the challenges Covid-19 has presented over the past year. But it is perhaps even more remarkable given the difficult conditions that surrounded the diamond trade before the pandemic struck. It’s easy to forget that prior to 2020, the market was defined by a supply surplus that kept polished prices on a perpetual downtrend.
What Pandora’s switch to synthetics means for NWT diamond mines
31 may 2021
(cabinradio.ca) - The world’s largest jewellery maker has sparked a debate about ethical mining and the Northwest Territories’ struggling diamond industry is at the centre.
The diamond industry is defending the ethics of mined diamonds after Danish company Pandora announced last week it would use only lab-grown products. Pandora said a combination of renewables and offsets will make its synthetic diamonds carbon-neutral. Global jewellery organizations responded to Pandora’s announcement in a joint news release arguing the company had smeared natural diamonds by presenting the “misleading narrative” that lab-grown diamonds are an “ethical” alternative to gems pulled from the ground.
Bling without a sting: the quest to make jewellery more sustainable
28 may 2021
(positive.news) - From diamonds made from the sky to precious metals salvaged out of e-waste, many brands and projects are hammering out a treasure trove of sustainable and ethical jewellery
Behind the bling of a diamond ring, the ecological picture is often less brilliant. Mining precious stones is a driver of climate change and biodiversity loss, and has also been linked with human rights abuses. Confronting these issues last week was Pandora, one of the world’s leading jewellery retailers, which announced it was turning its back on mined diamonds in favour of lab-grown stones. It’s not the only brand making strides to clean up the industry.
