News
Indian jewellers promote natural diamonds amid competition from lab-grown stones
Falling prices for lab-grown diamonds and their resulting rise in market share are transforming India’s diamond jewellery market and prompting jewellers to take proactive measures.
Yesterday
Ethiopia opens first gold refinery to serve region
Ethiopia has inaugurated its first gold refinery, a $50 million joint venture that the government hopes will establish the country as a regional hub for precious metals processing, Prime Minister Abiy Ahmed announced over the weekend, according to Reuters...
Yesterday
Anglo American bets R11.2B on South African mining's future
Anglo American has reaffirmed South Africa's potential as a premier mining investment destination, even as the company commits R11.2 billion ($677 million) to an ultra-high dense media separation iron-ore project at Sishen in the Northern...
Yesterday
Nornickel forecasts $4 billion in precious metals revenue for 2026 - report
A senior Nornickel representative noted that the company expects to generate $4 billion in revenue from precious metals sales this year.
Yesterday
Russia to build first permanent REM magnet plant
In 2028, Russia is set to start the construction of its first plant for manufacturing permanent magnets from rare-earth metals (REM) in the city of Glazov, to be commissioned in 2029 with an initial capacity of 500 tonnes per year, said Andrey...
Yesterday
Chekunkov: Transportation from Norilsk Nickel, Gazprom, NOVATEK, Rosneft to multiply cargo shipments along the NSR in the next 10 years
09 february 2024
The Arctic has recently attracted increasing attention from the world's leading powers. This is the world's weather «kitchen», the pantry of natural resources, the shortest sea route between Asia and Europe and the shortest air route between the American continent and Eurasia.
US Retail Restocking Is Going Slowly – but Don’t Despair
05 february 2024
(rapaport.com) - This year has started quietly for the US jewelry trade, with retailers showing limited appetite for merchandise following the holidays. But the fact that retailers are still taking stock — in the figurative and literal senses — need not cause too much alarm, dealers said in interviews with Rapaport News this week.
Is That Inscription Real? Reports of Mislabeled Lab-Growns Increase
22 january 2024
(jckonline.com) - After two gemological labs found lab-grown diamonds with fraudulent inscriptions misidentifying the stones as natural, trade groups have introduced same-day services to verify a diamond’s inscription and origin.
One of the World’s Biggest Diamonds Could Be Key to Some of the World’s Fastest Microchips
12 january 2024
(wsj.com) - Microchips are hot. Literally. As engineers cram more functions and power into chips, they require more energy and, thus, produce more heat than ever before. To beat that heat, which limits the performance of the computers and other gadgets we use, Silicon Valley is looking to some surprising materials
Everything You Need to Know About Engagement Rings This Holiday Season
29 december 2023
(edahngolan.com) - One of the most coveted jewelry items are engagement rings, and historically, the holiday season is the most likely time of year to buy and sell these rings. Here are the leading trends for engagement rings for the 2023 holiday season.
