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
Can Diamonds Become New Safe-haven Alternative for Investment?
18 april 2018
(aawsat.com) - The Antwerp World Diamond Center in Belgium is surrounded with restricted security that makes it look like a fortress of guarded castle. The streets around it are closed with concrete barriers, and surveillance cameras are deployed everywhere to spot pedestrians’ movements. No one can enter this center without his identity card. According to Karen Rentmeesters, spokesperson to the Antwerp World Diamond Center, the reason behind these restricted security measures is simple, as diamonds worth $220 million pass daily by this building.
Another sightholder of De Beers caught in row
17 april 2018
(timesofindia.indiatimes.com) - Even before world’s largest diamond mining company De Beers can decide on the fate of its sightholder Gitanjali Gems — owned by Mehul Choksi — another company from Surat is caught in a controversy.
Angola seeks to further expand its diamond sector against a backdrop of rising output
16 april 2018
(miningweekly.com) - Angola’s diamond exports in January brought in the second-highest price per carat ($136.24) for monthly sales since October 2016, Portuguese news agency Lusa has reported. The highest price per carat ($138.60) for monthly sales in this period was achieved in November last year. According to the monthly report of the Angolan Finance Ministry, the country exported 620 485 ct of diamonds in January, with a total value of $84 535 532 (or €68 500 000). The State collected taxes of €5-million (just over 1.33-billion kwanzas) on these sales.
The Cost Of Doing Business – Sarine Defends Its Technology
13 april 2018
(idexonline.com) - One of the most important news items this week was that concerning Sarine Technologies Ltd and the court case that ended in Tel Aviv of two Indians who had tried to steal the firm's intellectual property last summer. Looking back at Sarine's announcements over the past year, the threat of theft of its IP is a very serious ongoing matter that the firm is tenaciously, and correctly, countering.
How Amazon Looks at Its Jewelry Sellers
12 april 2018
(jckonline.com) - In late March, 21C Jewelry Solutions announced that Kristin Cherry Jackson had joined the consultancy. Cherry Jackson used to work for Amazon.com as a senior category merchant manager for jewelry. To understand her job, you have to realize that Amazon sells in two ways. The first is through standard Amazon retail, where you order direct from the company. The second is through third-party sellers. Cherry Jackson worked with third-party jewelry sellers, which included everyone from big chains to manufacturers to mom-and-pop jewelry stores. Though it’s often been unclear how committed Amazon is to the jewelry category, she assured me that, “in Amazon’s opinion, everything is a growth area. It’s all about being a one-stop shop, and if it doesn’t have something, it failed.” Here are her insights into how the e-colossus works with its third-party jewelry sellers.
