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
Swatch Indicates Baselworld Pullout Is Permanent
28 march 2019
(jckonline.com) - Swatch Group, which made waves when it withdrew from Baselworld last summer, is now indicating it has no plans to return to the watch industry’s biggest fair.
U.A.E., 9 Other Jurisdictions Added to EU Tax-Haven Blacklist
27 march 2019
(bloomberg.com) - European Union finance ministers agreed to add 10 countries to a blacklist of alleged tax havens, including the United Arab Emirates and Bermuda, despite last-minute push-back by some EU nations. The agreement means the list will now have 15 jurisdictions, triple the number of what it had before the review. It comes just over a year after the EU agreed to “name and shame” a small number of nations as part of its efforts to fight opaque practices that facilitate tax avoidance by multinationals and individuals.
The end of emotion – the beginning of reason
26 march 2019
(idexonline.com) - The March issue of IDEX Magazine is out. The cover story invites readers to consider the future of the diamond industry, specifically the bulk of diamond mining production, those rough diamonds that are cut and polished to become melee. Is there a chance that we can soon stop talking about synthetic or lab-grown diamonds (LGDs)? I really hope so. We need to focus on marketing and selling diamonds. And melee is the bread and butter of the entire supply pipeline.
Op-Ed: What can we expect from the future of Angola’s mining sector?
25 march 2019
(cnbcafrica.com) - Angola is currently the world’s fifth-largest producer of diamonds with 60 percent of the country’s diamond resources not yet utilized. Representing nine percent of the diamond value throughout the world, the country is mining high quality diamonds. Meanwhile, diamond mines around world are getting too old to explore. Angola is primed to elevate its status as a diamond producer in Africa with the guidance of Angolan president João Lourenço who believes the country should flourish with the untouched natural resources in its mines. The vision by President Lourenço for mining production in the country will increase revenue and attract more investment opportunities in the nation.
Needed: Real People
22 march 2019
(idexonline.com) - (idexonline.com) - In February, the Diamond Producers Association (DPA) launched a new campaign entitled “For Me, From Me,” a campaign “inspired by the natural diamond industry’s strongest growth engine, women self-purchase, which today represents one-third of all diamond jewelry sales in the US...” according to the DPA. It took me a few days before I had time to watch it. After viewing it several times, I thought it to be rather bland. But hey, who am I, a middle-aged guy, to judge this, right? So I forgot about it. A few days later, however, an exciting conversation developed on Facebook about the commercial.
