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
India's Covid Crisis: The Tragic Cost of Complacency
30 april 2021
(idexonline.com) - A tragedy is unfolding in India. A nation that believed it had beaten the coronavirus pandemic just a few weeks ago now has two patients to a hospital bed, a critical shortage of oxygen, and round-the-clock cremations. Yesterday it recorded 314,644 new infections, more than any country in the world on any day since the start of the pandemic. And there were 2,104 deaths, another record for India. But those figures, shocking though they are, may tell only a fraction of the real story.
Stanford historian traces the colonial origins of conflict diamonds in Namibia
29 april 2021
(news.stanford.edu) - When Stanford historian Steven Press was trying to unearth hidden narratives about Germany’s colonial activities in Southwest Africa’s highly secretive diamond industry, he pursued that age-old maxim to “follow the money.” Chasing that trail led to some disturbing discoveries about the full extent of Germany’s ruthlessness as it pursued its economic aspirations in the African country now known as Namibia in the late 19th and early 20th centuries.
Brilliant Luxury Substitutes: The Case for Lab-Grown Diamonds Ain’t Flawless… but It’s Pretty Damn Good
28 april 2021
(jingdaily.com) - First things first, while consumers worldwide are not getting married as much or are getting married later, the traditional use of diamonds will be under pressure, as traditional bridal products come across as sexist and outdated to a younger generation. Mined diamonds have many advantages though, don’t get me wrong. First, given the tremendous cost deflation in lab-grown diamonds, you might want a diamond ring to hold some value over time. If you purchase a USD20k ring with a lab-grown diamond and the industry proves to be a race to the bottom in terms of prices, how will you feel about that same ring being worth half the price the following year? Second, flawless has no charm: your knowing that all-natural diamonds are one of a kind while fabricated diamonds are flawless is not great from a marketing point of view. Presumably, you would like your stone to be unique. There are however three big reasons lab-grown diamonds have had some traction.
GIA Report Recall Has Dealers Turning Green
27 april 2021
(jckonline.com) - No one seems to know what to make of the GIA lab’s recent recall of certain reports it issued last year for green diamonds, except that, well, they don’t know what to make of it. GIA just sent out letters to dealers who submitted green diamonds to its lab between January and June 2020, saying the gems needed to be looked at again. (The rechecks will be free.) It’s also removed the reports for those diamonds from its online Report Check. Something must be up, especially given the very specific time frame. The implication is that something may have been done to certain diamonds. For the moment, GIA is keeping customarily tight-lipped.
Watchdog Cautions Diamond Council over Ad Claims
26 april 2021
(diamonds.net) - A US advertising regulator has rebuked the Natural Diamond Council (NDC) over its environmental claims following a complaint by Diamond Foundry, a lab-grown producer. The National Advertising Division, part of industry self-regulator BBB National Programs, has called on the NDC to stop using certain assertions that compare natural stones with synthetics, it said Thursday. These include statements that lab-grown diamonds emit three times more carbon than their mined counterparts.
