News
Tharisa signs PGM offtake deal with Valterra Platinum, expands chrome collaboration
South Africa’s Tharisa has entered a binding arrangement for the sale of PGM concentrate to Rustenburg Platinum Mines, a subsidiary of Valterra Platinum, effective 1 January 2027.
Today
Botswana, De Beers suitor near deal on ownership stakes – report
Botswana and a consortium leading the race to acquire De Beers are close to agreeing on their future ownership stakes, potentially clearing the way for Anglo American to exit the diamond miner, according to Bloomberg.
Yesterday
Petra Diamonds subsidiary ordered to wind up over unpaid tax
Petra Diamonds has confirmed that a winding-up order has been made against its wholly owned indirect subsidiary, Petra Diamonds UK Treasury Limited (PDUK Treasury), following a petition by HM Revenue & Customs.
Yesterday
LVMH’s watches & jewellery division revenue rose 8% in the first nine months of 2026
The Watches & Jewellery division of the French conglomerate LVMH, home to over 75 world-renowned luxury brands, recorded an 8% organic revenue growth during the first nine months of 2026 thanks to strong jewellery demand, despite a challenging economic...
Yesterday
Russian companies to increase investment in PGM exploration by 17% in 2026
In 2026, Russian companies will increase their investment in the exploration of platinum group metals (PGM) by 17%, with the total reaching nearly 2 billion rubles ($23 million), the Russian Ministry of Natural Resources and Environment...
Yesterday
Investment diamonds: Worth the risk?
18 september 2019
(jewellermagazine.com) - Why buy a diamond? It’s a question most would answer quite simply: as a symbol of love, either to a special person in one’s life or as a beautiful reward to oneself. In the pursuit for a purchase that encapsulates the emotion of love, a diamond is one tangible way to express intangible qualities, such as beauty, rarity and eternity. That’s the way the diamond industry has operated for generations and also why diamonds have captured the imagination of consumers and their chequebooks. Yet increasingly, diamond is being marketed as an ‘investment’, particularly the rarest varieties in terms of size and colour. Diamond’s attractiveness to investors is based on the relative buoyancy and consistency of the diamond market compared to other investment channels such as shares and property. As headlines abound about record-breaking jewellery auctions, breathtakingly large bids at the Argyle Pink Diamond Tender and, more recently, panic about diminishing supply, it can be easy to lose sight of the unique risks of diamond as an investment.
Worthy releases new Dating After Divorce study
17 september 2019
(prnewswire.com) - 78% of the women surveyed are already in dating mindset before divorce papers are signed, states new study by Worthy; 63% are still holding onto their engagement ring. Worthy releases new Dating After Divorce study. The first large-scale study focused solely on women who have and who are going through the divorce journey, with over 1,700 female participants from across the country. This study, led by Worthy, was done in collaboration with Dr. Gladys Frankel; in partnership with a dynamic team of divorce and relationship experts, Dr. Kristin Davin, Tamsen Fadal, Karen Bigman, Karen Sparks, and Jackie Pilossoph.
New campaign for natural diamonds aims to fight misconceptions
16 september 2019
(jewellermagazine.com) - The Diamond Producers Association (DPA) has released new promotional materials to combat misinformation about diamond mining. Called ‘Essential Diamond Truths’, the campaign from the US-based industry group involves a video that is shareable via social media, as well as an infographic series.
Diamond Evolution: Why the 4Cs is no longer an adequate pricing system
13 september 2019
(jewellerybusiness.com) - Using the 4Cs (colour, clarity, cut, and carat weight) to explain diamond pricing was developed by the Gemological Institute of America (GIA) in the 1950s. At that time, cloudy diamonds were considered ‘industrial-grade’ stones and were not set in jewellery. As such, transparency was not a concern, nor was treatment status, as almost all diamonds were untreated. Likewise, there were no separate price lists for rounds or other shapes—therefore, it didn’t matter that ‘cut’ was used interchangeably to refer to both the shape of the stone and the quality of the cut. Further, the only lab-grown diamonds that were available were tiny stones, which were used as industrial abrasives. Times have changed. These days, cloudy and hazy diamonds are often used in jewellery, but their clarity grade on lab reports does not necessarily reflect their lower transparency and value. It’s also become much more common for diamonds to be treated to improve their colour and apparent clarity grades—and the price difference between treated and untreated diamonds can be significant. Additionally, cutting style and shape are distinct price factors from cut quality and many gem labs now issue diamond reports with cut grades. High-quality lab-grown diamonds have become widely available and sell for much less than mined, natural diamonds. When all of these listed factors are considered, it becomes very clear the 4Cs is no longer an adequate pricing system.
WJN x Disrupting Diamond Marketing
12 september 2019
(womensjewellerynetwork.com) - Perfect hair, straight teeth. Smiling faces and soft focus. Yep, you’ve got it. Another advert promoting diamonds in a bid to grasp some kind of sale from 20 and 30-something shoppers. I can’t concentrate on the images. Because the alarm bells keep sounding. Who are these people? Because they’re certainly not me; nor are they my friends, colleagues or family. Sure, Tiffany & Co.’s recent campaign for its Tiffany True engagement ring dared to try something new, at least in its recruitment of real-life couples to star in the minute-long ad. But, a few seconds in and it all unravels: they’re conventionally attractive, mostly white, and the scenes irritatingly saccharin. The chance for Tiffany to show real couples, in real love, with a real diamond ring to symbolise their relationship was overlooked entirely.
