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
Production of unique single-crystal diamond plates to appear in Arkhangelsk
15 february 2021
(press-release.ru) - On February 11, Elena Kudryashova, President of the Northern (Arctic) Federal University named after M. V. Lomonosov (NArFU), and Director General of AGD DIAMONDS Sergey Neruchev held a working meeting. The University and the diamond mining company are actively cooperating within the framework of the world-class research and educational centre “Russian Arctic: New Materials, Technologies and Research Methods”.
Is The European Luxury Stock Rise Real Or A Mirage?
12 february 2021
(jingdaily.com) - The European luxury stocks of LVMH, Hermès, and Kering have risen “to record highs” during the global pandemic and have invited “comparisons with US technology behemoths,” according to Bloomberg. Meanwhile, Reuters also reported on these “bullish brokerage calls” and the impact luxury stocks were having on the STOXX Europe 600.
Unsurprisingly, some investors are bullish about these luxury stocks.
Israel Optimistic After Heavy Trading Slump
11 february 2021
(diamonds.net) - Leaders of Israel’s diamond sector expressed confidence in a recovery after strong trading in the final months of last year offered hope that the worst of the coronavirus crisis was over. Israel’s final 2020 result — a 31% slump in polished exports — was better than many had feared during the height of the downturn, executives noted in the end of January. Sales in December skyrocketed as demand picked up during the holiday season.
Dispute resolution key to change perception of Angolan diamond sector
10 february 2021
(miningreview.com) - Experts discussing the future of Angola’s already promising diamond sector, agreed that a transparent and credible dispute resolution mechanism along with associated industry legislation and institutions will improve the country’s attractiveness for foreign investors. The country is currently the world’s fifth largest producer of diamonds. In spite of this, only 40% of the country’s known diamond resources are being mined and recovered – largely the result of weak investor confidence in the country’s legislation and policy. A live webinar by Mining Review Africa and Africa Mining Forum, unpacked the potential and challenges of Angola as an investment destination.
Beware a Supply Bottleneck
09 february 2021
(diamonds.net) - In the February issue of the Rapaport Research Report, we consider the question of whether the strong rough sales are a product of polished demand or of the low supply that typified the market earlier in 2020. It could be both. What’s certain is that the rough market must cool in the coming months or risk throwing the industry back into a polished-oversupply scenario.
