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
Machine made in Antwerp may pose threat to Surti diamond polishers
29 june 2018
(timesofindia.indiatimes.com) - Antwerp, the world’s largest diamond trading centre may give sleepless nights to the skilled diamond artisans in the diamond cutting and polishing centre in Surat. The research centre of Antwerp World Diamond Centre (AWDC) has unveiled a revolutionary technology that fully automates and accelerates the diamond polishing process without the involvement of human hand.
Diamonds from lost planet reveal a great deal about Solar System
28 june 2018
(ibtimes.co.in) - Diamonds are not only beautiful but are incredible vessels. The fact that diamonds are super strong, it enables them to trap substance insides them. We have come across diamonds containing rare ice, ancient seawater and a rare mineral called calcium silicate perovskite. Now, scientists have come across diamonds encrusted in an asteroid that fell on earth in 2008 in Sudan and have minerals in them from a lost planet of our solar system. Also, this is the first such relic to be found.
De Beers enjoys strong diamond sales despite economic uncertainty
27 june 2018
(businesslive.co.za) - De Beers has reported strong diamond sales in the face of global economic uncertainty and the looming threat of the synthetic gem market. On Tuesday, the Anglo American subsidiary and the world’s largest diamond producer reported its latest provisional rough-diamond sales numbers — the fifth sales cycle for the year — of $575m. This is a 6% increase from the $541m in sales realised in the fifth sales cycle in 2017, and it is 3.7% higher than the $554m in sales from the fourth cycle, which occurred in May this year. "Sentiment in the diamond industry’s mid-stream is positive following the JCK Las Vegas trade show [the jewellery industry’s premier trade show] at the start of the month," said De Beers CEO Bruce Cleaver in a statement. Diamond consultant John Bristow said that while commodities on the whole have taken a big knock, largely thanks to the threat of US President Donald Trump’s trade war, the diamond business has escaped these impacts and "is ticking along quite solidly and with a good outlook".
De Beers Causes Waves With New Lab-Grown Diamond Jewelry
26 june 2018
(idexonline.com) - Few announcements have caused such waves in the diamond industry in recent years as that by De Beers in late May. It will launch a new company called Lightbox Jewelry that will begin marketing a new brand of laboratory-grown diamond jewelry under the Lightbox name in September. Its aim? To offer consumers high-quality, fashion jewelry designs at lower prices than existing lab-grown diamond offerings."
Fine Jewelry in 2018 - Suppliers in Transition
25 june 2018
(janosconsultants.blogspot.ru) - Suppliers are regularly in turmoil over how to respond to the significant shifts in distribution and consumption. It should be noted that many suppliers are far upstream, and feel the realities of the front lines last.
