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.
Yesterday
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.
Yesterday
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.
Yesterday
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.
Yesterday
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...
Yesterday
Why stars prefer these fake jewels over actual diamonds
19 december 2018
(pagesix.com) - (pagesix.com) - When celebrities grace the red carpet, they could borrow priceless diamonds from Chopard, Cartier or Tiffany & Co. — or they could opt for costume jewelry in the name of convenience. A-listers like Lupita Nyong’o, Hailey Baldwin and Kate Hudson are all fans of APM Monaco, which makes affordable gems that get their sparkle from cubic zirconia or crystals instead of precious stones.
Diamonds and Watches Look Strong This Holiday
18 december 2018
(jckonline.com) - Two long-standing jewelry basics—diamonds and watches—appear to be headed for strong sales this holiday season, according to data from the Diamond Producers Association (DPA) and NPD Group. According to the DPA, some 21 percent of Americans—which translates to 53 million consumers—plan to purchase a diamond between Thanksgiving and Valentine’s Day. Men and millennials are the most likely to purchase diamonds, the group found.
Diamond Prices are Sliding, and that is A Warning Sign
17 december 2018
(ehudlaniado.com) - In the past few months, we have witnessed polished diamond prices decline. They are sliding downward at a slow pace, with an occasional small rise before sliding again. So far this year, overall polished diamond prices lost 2.9%, according to Mercury Diamond Global Tracker™ (MDGT™). The majority of the decline took place in the third quarter of the year – 1.3%. Moderate price declines are not usually a source of great concern. What should worry the industry are the forces pushing polished diamond prices downward, the long-term trend, and the implications they may have on the industry at large.
Defend Diamond Jewelry's Value Or Learn To Live With Sale Prices
14 december 2018
(idexonline.com) - In the same way that you expect a sale in a clothing store to throw up a bunch of bargains, jewelers are telling buyers that they can also expect to pick up an item of jewelry at bargain basement prices. For the jeweler, it may make sense: he can get rid of old stock and, with the cash coming in, can buy new lines. And when the new goods come in, the 75% off posters come down. But will the customers come into the store?
Lab-grown diamonds are creating a more socially responsible diamond industry
13 december 2018
(theneweconomy.com) - The Millennial generation has been blamed for causing the demise of many an industry, but the diamond market is one that can make this claim with some confidence. Compared with previous generations, Millennials have a very different relationship to both money and marriage – two pillars of the $80bn mined-diamond industry. But with sales of the precious gemstones slowing, Millennials are not the only culprits: the advancement of laboratory-grown diamonds is changing the sector for good.
