News
Indian jewellers promote natural diamonds amid competition from lab-grown stones
Falling prices for lab-grown diamonds and their resulting rise in market share are transforming India’s diamond jewellery market and prompting jewellers to take proactive measures.
Yesterday
Ethiopia opens first gold refinery to serve region
Ethiopia has inaugurated its first gold refinery, a $50 million joint venture that the government hopes will establish the country as a regional hub for precious metals processing, Prime Minister Abiy Ahmed announced over the weekend, according to Reuters...
Yesterday
Anglo American bets R11.2B on South African mining's future
Anglo American has reaffirmed South Africa's potential as a premier mining investment destination, even as the company commits R11.2 billion ($677 million) to an ultra-high dense media separation iron-ore project at Sishen in the Northern...
Yesterday
Nornickel forecasts $4 billion in precious metals revenue for 2026 - report
A senior Nornickel representative noted that the company expects to generate $4 billion in revenue from precious metals sales this year.
Yesterday
Russia to build first permanent REM magnet plant
In 2028, Russia is set to start the construction of its first plant for manufacturing permanent magnets from rare-earth metals (REM) in the city of Glazov, to be commissioned in 2029 with an initial capacity of 500 tonnes per year, said Andrey...
Yesterday
Who’s the Real Target for the New De Beers Ads?
11 october 2023
(jckonline.com) - Last month, De Beers announced it would spend $20 million on a “Seize the Day” campaign touting natural diamonds. De Beers is also taking its iconic “A Diamond Is Forever” slogan out of mothballs; that, too, has been repeatedly resurrected.
Interruption or Disruption: Leadership crisis in the diamond industry
05 october 2023
(jewellermagazine.com) - It’s been said before that there’s never a dull day in the international diamond industry. After witnessing how 2023 has unfolded so far, I’m sure you’ll agree that it’s an accurate statement.
Natural Diamond Outlook: Indian Diamantaires Navigating Multiple Storms
26 september 2023
(nationaljeweler.com) - There are dark clouds hovering on the horizon as the Indian diamond industry prepares to enter the last few months of 2023 and look beyond to early 2024. The clouds have been gathering for a while, the result of multiple smaller storms that have been brewing over the past year or so.
The Measured Language of Rough Sales
20 september 2023
(idexonline.com) - There can be few indicators in the diamond world as compelling as De Beers rough sales. The three figures between a dollar sign and the word "million" that are published every cycle provide a pretty good snapshot of the health, or otherwise, of the industry.
Norilsk Nickel cleans up Arctic area equal in size to the Principality of Monaco
12 september 2023
Norilsk Nickel's carbon footprint is one of the lowest among similar companies in the world; 50% of its energy is obtained from renewable sources, according to Andrey Grachev, Vice President for Federal and Regional Programs of PJSC MMC Norilsk Nickel who spoke at a session named “Save the Planet. The role of the Far East" during the Eastern Economic Forum in Vladivostok.
