News
Richemont, Signet in talks to join De Beers consortium – report
Luxury group Richemont and US retailer Signet Jewelers are in advanced talks to join the Global Diamond Consortium (GDC) bidding for De Beers, according to five people familiar with the matter, Bloomberg reports.
Today
Rio Tinto begins Q4 of 2026 with strong operational performance
The Anglo-Australian mining group Rio Tinto has reported its third-quarter 2026 results, highlighting strong operational performance.
Today
Silver market deficit to widen in 2026 - report
In the latest World Silver Survey prepared by the Silver Institute and Metals Focus, the global silver market deficit is forecast to widen for the sixth consecutive year to 46.3 million ounces.
Today
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
Norilsk hosts Nornickel’s 3rd Geology and Mine Surveying Forum
The 3rd Geology and Mine Surveying Forum, organized by Nornickel, has kicked off in Norilsk. The event continues to grow in scope, this year bringing together representatives from universities, equipment suppliers, design teams, mining companies, and...
Today
Gold Price Hits Highest Level in Over 5 Years
03 july 2019
(jckonline.com) - Are we on the verge of the gold rush—the sequel? On June 20, the spot price of gold soared close to $1,400 an ounce, the highest level the yellow metal has hit more than five years, fueled by investor worries about the economy and continued global instability.
Tailings reports just the tip of the iceberg as mining’s footprint faces further scrutiny
02 july 2019
(miningmx.com) - Mining companies globally published details of their tailings depositions on June 7 in compliance with demands issued by the Church of England Pensions Board and the Swedish Council on Ethics. Consciousness about the imprint of mining in modern society is on the increase. Following the tailings dams disasters investors controlling more than $10 trillion in assets from 96 investment groups globally asked the top mining companies to disclose how they manage their tailings facilities.
Masisi / De Beers tension escalates to new high
01 july 2019
(sundaystandard.info) - The tension between President Mokgweetsi Masisi and De Beers group has reached a near boiling point with the recent firing of the government diamond valuator. The Botswana government diamond valuer who is a British national and was believed to be a De Beers Trojan horse showed up for work at Diamond Trading Company Botswana (DTCB) two weeks ago only to find his access card had been de-activated. The dramatic firing of the government valuer marked the highest water mark so far in the shareholder tension that has been simmering between the Botswana government and De Beers in the wake of the super exceptional 41 carat blue diamond discovered at the Debswana Orapa Diamond Mine towards the end of 2018.
Are crystals the new blood diamonds?
28 june 2019
(theguardian.com) - In three short years, crystals have risen from niche new age interest to valid hobby, firmly embedded in the mainstream consciousness. In 2017 crystals became a multibillion-dollar slice of the $4.2 trn global wellness industry, with shamans using them to advise entrepreneurs on investment opportunities, and Gwyneth Paltrow selling them to encourage serenity and to “purify” water. Their investment status is compared to fine art. Women have been persuaded to welcome their presence in beauty products and fashion accessories, not by spiritual healers, but celebrities. But while it’s claimed crystals help people harness the energy of the earth, the more they are mined, the more that earth is suffering. Here is the dirty truth of crystals.
Breakthrough in diamond exploration
27 june 2019
(jewellermagazine.com) - Scientists at the Diamond Research Group of the University of Alberta – which is partially funded by De Beers – have found that Canadian diamonds are formed in a very different way to other stones.
