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
Jewelry Likely to Be Hit With Tariffs in Trump Trade War
31 may 2019
(jckonline.com) - While in the past, jewelry products have, with few exceptions, not been subject to tariffs in President Trump’s rapidly escalating trade war with China, that may change. It now appears the trade tiff will likely lead to 25 percent levies on a wide range of Chinese jewelry imports, from pearls to diamonds to gemstones.
New import rules on rough diamonds leave traders in a tizzy
30 may 2019
(economictimes.indiatimes.com) - The diamond trade is in a tizzy following a Mumbai Customs directive outlining new procedures for importing rough diamonds, which seek details on origin, size, shape, type, colour and clarity of the precious stones from overseas. The fear is that even a minute discrepancy in the norms may lead to seizure, followed by a huge penalty, which could affect manufacturing activity in Surat, the country’s diamond cutting and polishing hub.
The many facets of advertising diamonds with clarity
29 may 2019
(ftc.gov) - Last month the FTC sent staff warning letters to eight firms advertising simulated or laboratory-created diamonds. According to the letters, the companies had promoted their products without adequately disclosing that they weren’t mined diamonds. Since then, industry members have been talking about the best ways to ensure compliance with the FTC’s Jewelry Guides, which are designed to help companies avoid confusing or deceiving consumers. We posed some of the questions we’ve heard to FTC attorney Robert Frisby.
Cutting Edge Tech Helps Recover Huge Diamond
28 may 2019
(quarrymagazine.com) - One of the largest diamonds in recorded history has recently been recovered in a Botswana mine, courtesy of innovative sorting sensor technology. The unbroken 1758-carat diamond, weighing in at 352 grams, was recovered at Karowe Mine by TOMRA XRT sensor technology, commissioned by Lucara Diamond Corp. Since introducing the TOMRA XRT technology as the primary recovery tool to the mine in 2015, Lucara has recovered two diamonds greater than 1000 carats. TOMRA sorting technology has detected four of the top 10 largest diamonds in the world to date.
Diamond weighing 222 carats - new extraction technologies of AGD
27 may 2019
In the end of May, AGD Diamonds will hold an auction for the sale of special diamonds weighing +10.8 carats on the e-trading platform of its Belgian trading arm, Grib Diamonds in Antwerp. A feature of the company’s May auction will be pilot sales of large colorless diamonds of top quality (very well preserved, without technological damage - cracks and chips - during processing), which were mined at the Grib diamond pipe using new extraction technologies. One of the very large diamonds offered for sale is a stone weighing 66.95 carats.
