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
Mercury Polished Diamond Prices: Prices Soften in July
31 august 2018
(ehudlaniado.com) - The summer months are here and with them polished diamond activity has slowed down. Demand from the retail and jewelry manufacturing sectors is down, and wholesale trading has decreased, leading in turn to a decline in wholesale polished diamond prices. The Mercury Diamond Global Tracker™ (MDGT™) averaged 113.81 in July 2018, which is a 0.3% decline compared to June.
You can buy not just e-gold but also e-diamonds
30 august 2018
(livemint.com) - The lure of buying diamonds might be in their glitter, but you can even buy diamonds in the electronic form, through the Indian Commodities Exchange (ICEX) Ltd as derivative contracts. ICEX is a Sebi-registered commodities exchange that offers diamond futures contracts for 30 cent, 50 cent and 1 carat diamonds.
JVC Provides Pointers To Most Significant Changes In FTC Guides
29 august 2018
(idexonline.com) - The Jewelers Vigilance Committee (JVC) has provided pointers to members of the industry on the most significant changes to the Federal Trade Commission's (FTC) final revision to its Jewelry Guides and will hold webinars for the trade. "JVC exists to translate legal compliance issues for the trade, there are currently a lot of misconceptions circulating and we want you to have accurate information. With the release of the new Jewelry Guides, JVC will educate every level of the jewelry supply chain on how these changes actually affect their business. Please join us in one of the upcoming webinars to fully understand these important changes."
Small diamonds are up for grabs again
28 august 2018
(timesofindia.indiatimes.com) - (indiatimes.com) - After nearly a decade, the prices of small diamonds (up to three cents in size and below) prices have crashed by around 25% in one year, bringing them to the levels of nearly Rs30,000 to Rs35,OOO per carat These levels were that were last seen during global economic downturn in 2008. Major reason for the downfall in the prices, according to industry sources, is slump in the United States and China markets for small diamonds. While for buyers it may be a steal, this is certainly not a good news for Surat. Most of the small diamonds are cut and polished in Surat and Amreli.
Five Features Steering De Beers' Future
27 august 2018
(diamonds.net) - The August edition of the Rapaport Research Report assesses the prospects laid out for De Beers in the next decade, following its somewhat disappointing interim results. We believe 2018 may well be a peak year for De Beers production, but revenue will show just marginal improvement.
