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
The Future Place of Synthetic Diamonds in the Diamond Market
28 august 2019
Reflecting back over the last 12 months, it must be clear to everyone active in the diamond trade that no subject has gained more attention than that of synthetic, or lab-grown, diamonds, in the future market and how consumers can differentiate this product from the real thing.
Strong Traffic at IIJS 2019 Clouded by Concerns Over Global Trade War
27 august 2019
(jckonline.com) - Visitor turnout at the India International Jewellery Show (IIJS) Premiere 2019 show, held Aug. 8–12 in Mumbai, was high, but sentiment was clouded by concerns over a global economic slowdown. Indian jewelers had mixed views over whether barriers to Chinese exports to the U.S. could help boost the Indian diamond and jewelry market share, displacing competition from China.
Diamond Industry Organizations Call for Postponement of Hong Kong Trade Fair
26 august 2019
(thediamondloupe.com) - Three leading diamond trade bodies have submitted a joint appeal for the postponement of the Hong Kong Gem and Jewellery Fair, September 2019, until there is a more stable climate in the city. In a letter obtained by The Diamond Loupe to the organizers of the show Informa Markets, the Antwerp World Diamond Centre (AWDC), India's Gem and Jewellery Export Promotion Council (GJEPC) and the Israeli Diamond Institute (IDI) have voiced their concerns and those of their exhibitors regarding participation in the Hong Kong fair. "As trade representatives of the world's largest trading centers - Mumbai, Antwerp and Ramat Gan - we are tasked with voicing the needs of our exhibitors, and at the moment we do not believe these are being heard," the letter reads.
Diamond Industry Organizations Call for Postponement of Hong Kong Trade Fair
26 august 2019
(thediamondloupe.com) - Three leading diamond trade bodies have submitted a joint appeal for the postponement of the Hong Kong Gem and Jewellery Fair, September 2019, until there is a more stable climate in the city. In a letter obtained by The Diamond Loupe to the organizers of the show Informa Markets, the Antwerp World Diamond Centre (AWDC), India's Gem and Jewellery Export Promotion Council (GJEPC) and the Israeli Diamond Institute (IDI) have voiced their concerns and those of their exhibitors regarding participation in the Hong Kong fair. "As trade representatives of the world's largest trading centers - Mumbai, Antwerp and Ramat Gan - we are tasked with voicing the needs of our exhibitors, and at the moment we do not believe these are being heard," the letter reads.
De Beers targets young India to boost sales of diamond ornaments, solitaire
23 august 2019
(business-standard.com) - With its Forevermark brand launched in India, De Beers targets young India to boost its sales of diamond ornaments and solitaire. Speaking on the sidelines of India International Jewellery Show (IIJS) 2019, Paul Rowley, executive vice-president, De Beers Group, said, “The ongoing US–China trade war has provided a good opportunity to tap immense of unexploited opportunity in India with its young, vibrant, and enthusiastic people exist here to gift a piece of diamond.”
