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
Some Created Diamond Sellers Want to Make “As-Grown” A Thing
22 february 2021
(jckonline.com) - Green Rocks CEO Leon Peres is a man on a mission—one that some might call quixotic but that he thinks will determine the future of the man-made diamond market. It all stems from the recent change in lab-created diamond grading reports.
How Chow Tai Fook became one of the biggest gold and jewellery chains in the world
19 february 2021
(scmp.com) - Chow Tai Fook was founded in 1929 in Guangzhou, in southern China, by Chow Chi-yuen, a native of Shunde, a town 45km (28 miles) to the south of that city; in those days, it operated solely as a goldsmith. In 1938 the company opened its first shop in Macau, then one in Hong Kong the following year. It was in 1956 that the company really started to expand under the control of Cheng Yu-tung, son-in-law of Chow, who had taken him on as a penniless apprentice. Cheng, who died in 2016, went on to become Hong Kong’s third-richest person. Cheng was the central figure in the success of the company, transforming Chow Tai Fook from a shop selling bullion and traditional gold accessories to a jewellery retailer in the modern sense, and expanding into a host of other businesses, many of which his companies are still involved in today, including property (New World Development), hotels (in particular the Rosewood group), energy, aviation and urban transit (Citybus and New World First Bus). Today Chow Tai Fook employs more than 28,100 people and deals with about 6,000 suppliers.
Luxury Giants Like Louis Vuitton Are Falling for Big Gems
18 february 2021
(nytimes.com) - A handful of huge diamonds has arrived in the world of high jewelry that could alter the entire business. In January 2020 Louis Vuitton, the world’s most valuable luxury brand, revealed it had bought the second-largest rough diamond ever mined. It bought the 1,758-carat Sewelô for an undisclosed amount in collaboration with Lucara Diamond Corporation and HB Company. But it turns out the brand’s appetite for great big diamonds was just beginning. In November, it purchased a smaller, but still uncommonly large, rough diamond, the 549-carat Sethunya. The acquisitions are compelling evidence that Vuitton, the star of the sprawling LVMH Moët Hennessy Louis Vuitton luxury conglomerate founded by Bernard Arnault, is polishing its high jewelry credentials. And it is not alone.
How Are Luxury Brands Juggling the Paradox of Exclusivity and Inclusivity?
17 february 2021
() - Following the recent online debut of their collaboration on the Prada Fall/Winter 2021 menswear collection, co-creative directors Raf Simons and Miuccia Prada engaged in a livestreamed conversation with college students from around the world, with students faces projected on enormous portrait screens, dwarfing the two designers. One student from Ghana asked whether luxury can exist in the absence of wealth, noting that in his country local artisanal craft is most valued. Miuccia Prada responded that fashion must evolve to be more open and accessible, closing with, “If you have anything to propose, stay in touch!” That exchange between a student and the head of a global fashion powerhouse illustrates a new level of approachability and inclusivity that has been emerging in the luxury industry.
Wary of diamonds after ravages of COVID-19, Botswana’s President wants more coal mines
16 february 2021
(miningmx.com) - Botswana President Mokgweetsi Masisi told the virtual Mining Indaba on Wednesday [February 3] that his government was keen to diversify the economy by developing the coal and base metals sectors to reduce an unhealthy reliance on diamond production.
