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
The Future of Jewelry, Part 10: Industry Structure - In the Age of COVID-19
01 february 2021
(janosconsultants.blogspot.com) - The jewelry business has been around for thousands of years. Some technologies have remained essentially the same. Other technologies have enhanced and broadened manufacturing, and, in the process, have made the distribution and selling of jewelry more complex, more inter-reliant, and more regional, if not global. All of it has prevailed based on one consistent force - people want jewelry. This has been true in all societies, no matter how remote or insulated. Jewelry is intensely personal - it is worn on the body - and invariably evokes emotional associations unmatched by any other man-made product. That attraction will not fade even as we enter an epoch in world history that may bring change at a pace and depth that humanity has never seen. All that considered, we plod along, a step at a time, dealing with what is at hand. Each of us sit at some point in the value chain, both contributing to and being affected by everything that happens between the material sources and the consumer. Those effects are now global in scope. Sometimes they benefit us individually, and sometimes they are severely destructive. Today, both effects have been greatly magnified by powerful natural, technologic and societal trends that are destabilizing established norms.
Human Rights: Industry Could do Better... and so Could Watchdogs
29 january 2021
(idexonline.com) - The jewelry industry did not get good marks in its end-of-term report from Human Rights Watch (HRW). None of the firms surveyed in the NGO's report, entitled Sparkling Jewels, Opaque Supply Chains, achieved an "excellent". Most were rated moderate, fair or weak, and a few got no score at all because they didn't bother handing in their homework - that's to say they didn't respond to HRW questions. The report, published in the end of November, is a substantial piece of research, thoroughly documented, bolstered with copious footnotes and running to almost 90 pages. It doesn't claim to be comprehensive. Rather it is a snapshot of 15 big players who collectively generate over $40bn a year to give an overall indication of how the industry is tackling then problems of exploitation, poor traceability, dangerous working conditions.
Were Diamond Companies Worth the Investment?
28 january 2021
(diamonds.net) - What parameters would one use to assess a company’s performance? For our analysis, sales provide the best indication of how a business is doing. Taking that a step further, revenue generated across a group of companies within a sector provides valuable insight into the market’s performance. Investors in stocks consider many more factors. Expectations for the company — and for the equity markets as a whole — largely influence whether they will buy or sell. They certainly did not base their trading decisions on short-term revenue performances in 2020, when demand fell across all segments of the diamond and jewelry industry yet share prices rose. The Rapaport Diamond Jewelry (RDJ) index, a theoretical stock list comprising the industry’s top 10 public companies by revenue, gained 11.5% during the year. It outperformed the Dow Jones Industrial Average, despite weakness in the individual companies’ sales.
Forever and For Good: How diamond mines impact local communities
27 january 2021
(thenewsminute.com) - Natural diamonds have become more than just precious heirlooms - they’re symbols of a deep and abiding positive relationship between diamond mines and their local communities. What is a diamond worth? The answer, when you ask somebody who owns a natural diamond, will usually be emotional rather than monetary. Natural diamonds carry a feeling of resilience and authenticity. They’re cherished heirlooms, passed down from beloved ancestors. They’re preferred for their immense worth and emotional value. And beyond the glamour and luxury lies the positive impact diamond mines have on communities around them. For example, the members of the Natural Diamond Council (NDC), an alliance of natural diamond companies, took the pledge to align with the UN’s sustainable development goals - which aim to improve health and education, preserve the environment, and tackle climate change. And that’s only the start.
Partnership the watchword in technological collaboration
26 january 2021
(miningreview.com) - Partnership will be the watchword in the technological collaboration between global diamond leader De Beers Group and engineering group Sandvik Mining and Rock Solutions on the Venetia Underground Project (VUP). South Africa’s largest diamond mine, Venetia has been mined as an open pit since 1992. De Beers Group is investing ~$2 billion to start mining underground from 2022, extending the mine’s life beyond 2045. The VUP represents the biggest single investment in South Africa’s diamond industry in decades.
