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
Real Diamond Jewelry for 50 Percent Less! Just Don’t Call It Natural
07 september 2018
(bloomberg.com) - (Bloomberg) - If they’re good enough for Leonardo DiCaprio and Penélope Cruz, shouldn’t they be good enough for you? Lab-grown diamonds, made for decades as an inexpensive alternative to mined stones for industrial purposes, are cracking the consumer market. In recent years, the technology to produce gem-quality stones has improved dramatically; the new manufactured diamonds are optically, physically, and chemically the same as mined stones.
Summer's Lease Hath All Too Short A Date
06 september 2018
(idexonline.com) - With the start of September coming up and summer more or less over in the northern hemisphere and diamantaires back at work, there is certainly no shortage of events coming up in the next month or so. From the September Hong Kong Jewellery and Gem Fair to the Bharat Diamond Week, the World Diamond Council meeting and the World Diamond Congress all taking place in India, and the Bharat Diamond Week in New York, together with the CIBJO annual congress in Colombia in the middle of October, there are going to be plenty of opportunities to test the waters of the diamond, gemstone and jewelry industry.
August 2018 Market Report
05 september 2018
(ehudlaniado.com) - August is generally a period of slow activity in the diamond industry. Traders, manufacturers and wholesalers in Belgium, Israel and the US were away on their summer holidays as were many industry members that are based in India. The exception to this is US retailers, as those operating in popular tourist destinations saw a rise in in-store consumer traffic, which then spurred limited trading activity, mostly among American and Indian suppliers.
De Beers, Lightbox and the Impact on the Diamond Industry
04 september 2018
(janosconsultants.blogspot.com) - De Beers has announced the formation of a new company, Lightbox, that will be selling man-made diamonds (MMDs), mounted in earrings, pendants and bracelets - no rings. I will assume everyone has read the details, and heard their rationale for claiming that this move will have little or no impact in the natural diamond industry. Briefly, they will be selling MMDs in finished jewelry with total weights up to one carat, mounted in silver or gold, and with simple pricing - $800 per carat. There is no grading of the stones, which are white, yellow, blue or pink; the jewelry is meant for “moments” not “milestones” (like weddings).
Lab-created Diamond Jewelry Market Forecasted to Grow to $15B by 2035
03 september 2018
(paulzimnisky.com) - In the of five short years since the jewelry industry saw the first +1-carat gem-quality lab-created diamond, +10-carat varieties are now being produced in even better qualities, and in colors such as pink and blue. Gem-quality lab-created diamond production for use in jewelry now exceeds 1.5 million carats of polished annually.
