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
First there were blood diamonds. In India, there are suicide diamonds
27 july 2018
(scmp.com) - Investigations spread over a year in the western Indian state of Gujarat found a pattern of suicides – many shrouded in silence – in the industry that cuts and polishes 90 per cent of gems sold globally, with many workers paid per stone.
Unions concerned man made diamonds will result in job losses
26 july 2018
(iol.co.za) - De Beers, the world’s biggest diamond producer, could encounter a spanner in the works to their ambitious plans that could see them manufacturing its own diamonds in a laboratory. The producer announced earlier this year that it would start selling synthetic diamond gemstones for the first time in its 130-year history. However, labour unions have called on the company to engage workers first before embarking on any project that might result in job losses.
Scientists Find 'Quadrillions' of Tons of Diamonds Beneath Earth's Surface
25 july 2018
(popularmechanics.com) - Deep beneath the Earth’s surface, there’s a gigantic cache of diamonds, according to new research. While it’s unlikely that we’ll ever be able to obtain these diamonds, knowing that they’re there helps us learn more about our own planet and what it’s made of.
Alrosa Speaks Out on Branding—and Brexit
24 july 2018
(jckonline.com) - When writing last week’s post on Alrosa’s new Russia-based diamond brand—my piece was inspired by this New York Times story—I reached out to Alrosa’s spokesperson Jane Kozenko with some questions. This week, she sent me some answers, which are interesting enough that they merit their own post.
De Beers scoops Peregrine’s Chidliak diamond prospect for C$107m
23 july 2018
(miningmx.com) - De Beers said it had secured one of Canada’s best undeveloped diamond deposits following a C$107m cash transaction in which it bought outstanding shares in Toronto-listed Peregrine Diamonds. “With a strong outlook for consumer demand, we are seeking new opportunities to invest in our future supply potential and look forward to growing our portfolio in Canada and working with community partners in the Nunavut Territory as we further develop the project,” said Bruce Cleaver, CEO of De Beers referring to Peregrine’s Chidliak property.
