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
“Africa remains key to our business”
16 april 2019
(miningreview.com) - (miningreview.com) - In an exclusive one-on-one interview, Bruce Cleaver, CEO of De Beers Group discusses the importance of the company’s African portfolio. He also breaks down the ongoing necessity for exploration and how the evolution of technology and laboratory-grown diamonds is impacting the diamond major’s business, Laura Cornish reports. While De Beers’ asset base extends across the globe, its African portfolio is and remains key to the Group’s diamond production contribution.
Canada’s Diamond Miners Are in Trouble
15 april 2019
(bloomberg.com) - Whether a diamond mine makes money or not comes down to three variables: production costs, the grade and size of the deposit, and the price the diamonds fetch on global markets. In recent years, all of these have conspired to bring the Canadian industry to its knees.
The Great Diamond Shortage That Never Was Is Likely Coming Soon
12 april 2019
(bloomberg.com) - For more than 15 years, the diamond industry has been telling the world about a looming shortage of gems. Instead, demand has been stubbornly underwhelming, and the miners have done a wonderful job of digging more and more stones. But the pain may soon be over for an industry that’s being squeezed by oversupply. In two separate reports this week, analysts set out forecasts of a tightening market in the next few years, with diamond supply falling into deficit in or around 2021.
Global Witness says more needs to be done to halt human rights abuses in diamond mining
11 april 2019
(m.miningweekly.com) - International nonprofit organisation Global Witness (GW) has welcomed the World Diamond Council’s (WDC’s) response to the government-led Kimberley Process (KP) certification scheme, but says more needs to be done.
Dead People And Pets Are Being Forged Into Pretty Blue Diamonds - Here's How It Works
10 april 2019
(sciencealert.com) - When a person dies, cremation is an increasingly popular option. The practice eclipsed burials in the US in 2015 and is expected to make up more than half of all body disposals by 2020, according to the Cremation Association of North America. But instead of storing a loved one's cremains in an urn or sprinkling them outside, a growing number of bereaved consumers are doing something more adventurous: forging the ashes into diamonds.
