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
Diamonds Aren't Forever
04 june 2018
(bloomberg.com) - For the inheritor of a century-old oligopoly that once held the world diamond trade in its fist, De Beers Group Chief Executive Officer Bruce Cleaver has an odd approach to marketing. “Lab-grown are not special, they’re not real, they’re not unique. You can make exactly the same one again and again,” he told Thomas Biesheuvel of Bloomberg News last Tuesday, after announcing that the Anglo American Plc-controlled company would start selling synthetic gem diamonds for as little as $800 a carat from September.
Lightbox: Disrupting the Disruptors and Evolving
01 june 2018
(edahngolan.com) - De Beers announced the launch of a lab-grown (LG) diamond jewelry line. Yes, it’s late in May, not April 1, but this is no joke. In September, it will launch Lightbox, a line of jewelry priced between $300-$1,000. They are fighting the LG producers by using an age-old Silicon Valley approach – disruption. They are disrupting the disrupters. The strategy that seems to be behind it is very interesting.
We toughened due diligence after scams in India: Paul Rowley of De Beers
01 june 2018
(business-standard.com) - The world’s leading rough diamond miner, De Beers, has decided to approve sightholders only with 70:30 debt equity ratio for any contractual requirement of rough diamond for the financial year 2017-18, says Paul Rowley, Executive Vice president, De Beers in an interview with Dilip Kumar Jha.
Diamond Buying Tips
31 may 2018
(gia.edu) - Jewelry is one of the most popular gifts we use to mark the momentous occasions in our lives. It is an outward expression of what we mean to one another. Holidays, birthdays and anniversaries and other achievements are just some of the events we celebrate with special gifts of jewelry, and diamonds are among the most favorite to give. The budget for your gift is likely one of your most important parameters, but you can make sure you receive the most value for your purchase by learning more about diamonds before you shop. These six tips will help you find your ideal gift.
Signet CEO Lukewarm About Lab-Grown Diamonds
30 may 2018
(jckonline.com) - In an interview with Yahoo Finance posted in early May, Signet CEO Gina Drosos didn’t say her company would never carry lab-grown diamonds, but she sounded decidedly mixed about the concept. “We are always looking at trends and things that we think our customers might be interested in,” she said. “What our research indicates, though, is that for that very special purchase of a diamond engagement ring, people really want a real diamond.”
