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
Diamonds: a girl’s best friend, but
17 may 2019
(iol.co.za) - A diamond is the hardest stone and can cut and scratch virtually anything. "A diamond is forever" was one of the most successful campaigns in history. But is a diamond financially durable? Contrary to what you may think, the gold in your engagement ring may be more valuable, because it is likely to appreciate in value over time while the diamond will probably disappoint in US dollar terms. In fact, I estimate that the polished diamond price index is currently around the same level as in 2004. This means diamond prices have contracted 25percent since 2004 or 2percent a year in real terms.
Coming soon, synthetic diamond detection centres
16 may 2019
(newindianexpress.com) - The Diamond Producers Association (DPA) will soon be starting a project with the Gem and Jewellery Export Promotion Council in India to evaluate the feasibility of establishing regional detection centres to identify any synthetic or lab-grown diamonds, said a top official of the association.
Private companies outperform thanks to long term thinking
15 may 2019
(usa.watchpro.com) - Tiger Woods wins The Masters and straps on his trusty Rolex Submariner before facing the cameras; Breitling pulls out of Baselworld, but Tudor commits to a larger stand-alone booth for 2020. These seemingly unconnected stories have a common thread: they show how the long term vision of Rolex is rarely if ever buffeted by events, passing fads or media hysteria.
Rapaport Proposes Sierra Leone Diamond Reform
14 may 2019
(diamonds.net) - The Rapaport Trade Mission to Sierra Leone attracted a strong group of 29 international diamantaires and jewelers. Participants were from the US, India, UAE, UK, Switzerland, Turkey, Canada, Spain, and Israel. For many, the trip was transformative as they visited the diggers in their villages and came face to face with the challenges and opportunities confronting the artisanal digger communities.
Climate Change Threatens Ice Roads. Satellites Could Help
13 may 2019
(wired.com) - For a few months each winter, Canada’s Tibbitt to Contwoyto Winter Road is the world’s longest ice highway, a 300-plus-mile network of frozen lakes that connects lucrative diamond mines in Canada’s Northwest Territories to supplies from the nation’s not-quite-so-far north. But warmer winters and earlier springs have shortened the road’s open season by up to two weeks over the past decade. The loss of the road for even such a short time is very expensive, because the only other way to reach these mines is by air.
