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
Are lab-grown diamonds a threat to the jewellery supply chain? Let’s get real.
20 april 2021
(everledger.io) - Lab-grown diamonds have been portrayed as a juggernaut that’s gathering pace in the fast lane of the precious stone freeway. The demise of the natural pearl industry, following the introduction of cultured pearls during the first decades of the 20th Century, provides a stern warning for the diamond industry. On the surface, at least, this doomsday scenario for natural diamonds is gathering momentum. According to Bain, production of lab-grown diamonds is approaching 7 million carats: double-digit growth over the past two years. Production costs are fast coming down, passing on cost savings to retailers and their consumers. From half the cost of a natural diamond in 2019, a polished lab-grown diamond now costs a third of the real thing. This downtrend looks set to encourage expansion into the wider world of fine jewellery, especially with the growth of e-commerce during the COVID-19 pandemic. If customers can’t tell the difference between natural and lab-grown, then confidence will eventually erode, as it did with pearls. Right? Well, not so fast. Objects in the rear view mirror may appear closer than they are. Dig a little deeper, and a different picture emerges. The natural diamond industry appears to have held its nerve in the face of this clear and present danger.
LuxCo 2030: A Vision of Sustainable Luxury
19 april 2021
(bain.com) - In luxury, the sustainability decade is underway. Generation Z, born from the mid-1990s to the early 2010s, is maturing into a cohort of adults who will reward brands that have a positive impact on the environment and society, and disconnect from those that do the opposite; many older consumers are already leaning the same way. Meanwhile, the global shocks caused by COVID-19 are only adding to the mounting pressure for more sustainable approaches across business and government. Luxury brands feel the expectation rising. Many have issued powerful declarations of intent, with the aim of becoming agents of change when it comes to sustainability, not late adopters. The next 10 years will be about delivering on these commitments. Executive teams face the daunting challenge of identifying the actions needed to realize that longer-term goal of sustainable, profitable trading, while simultaneously positioning the business for the immediate post-COVID recovery.
Diamond Foundry Gets Warning over Ads
16 april 2021
() - An advertising watchdog has urged Diamond Foundry to amend its marketing, claiming that some of its language could mislead consumers about the origins of its lab-grown stones. The San Francisco-based synthetics producer should stop using potentially confusing terms, disclose more prominently the man-made provenance of its diamonds, and change some of the claims it makes on social media, the National Advertising Division (NAD) said Tuesday. Diamond Foundry agreed to comply.
Norwegian scientists finally find good news from Norilsk Nickelhttps://moderndiplomacy.eu/2021/04/12/norwegian-scientists-finally-find-good-news-from-norilsk-nickel/
15 april 2021
(moderndiplomacy.eu) - The state of the environment in the border areas is the main topic of the «Pasvikseminaret 2021», organized by the public administrator in Troms county and Finnmark in cooperation with the municipality of Sør-Varanger municipality. The purpose of the annual Pasvik seminar is to provide the local population and local politicians all information about the environmental situation in the border area Norway – Russia. Program focused on pollution from the Nickel Plant and monitoring of the environment in the border area. The activities of Norilsk Nickel have been the main focus of the workshop for many years. For the first time in many years, Norwegian scientists have found only positive news from Russia.
New Cut Grade Aims to Distinguish Best Diamonds
14 april 2021
(diamonds.net) - A US grading laboratory has introduced a new cut grade designed to differentiate higher-quality diamonds from the “excellent” score that most polished stones receive.
Gem Certification & Assurance Lab (GCAL) unveiled its 8X grading report, highlighting a need to set apart premium-cut diamonds from the rest.
