News
Indian jewellers promote natural diamonds amid competition from lab-grown stones
Falling prices for lab-grown diamonds and their resulting rise in market share are transforming India’s diamond jewellery market and prompting jewellers to take proactive measures.
Yesterday
Ethiopia opens first gold refinery to serve region
Ethiopia has inaugurated its first gold refinery, a $50 million joint venture that the government hopes will establish the country as a regional hub for precious metals processing, Prime Minister Abiy Ahmed announced over the weekend, according to Reuters...
Yesterday
Anglo American bets R11.2B on South African mining's future
Anglo American has reaffirmed South Africa's potential as a premier mining investment destination, even as the company commits R11.2 billion ($677 million) to an ultra-high dense media separation iron-ore project at Sishen in the Northern...
Yesterday
Nornickel forecasts $4 billion in precious metals revenue for 2026 - report
A senior Nornickel representative noted that the company expects to generate $4 billion in revenue from precious metals sales this year.
Yesterday
Russia to build first permanent REM magnet plant
In 2028, Russia is set to start the construction of its first plant for manufacturing permanent magnets from rare-earth metals (REM) in the city of Glazov, to be commissioned in 2029 with an initial capacity of 500 tonnes per year, said Andrey...
Yesterday
Comparing Investment Options: Examining the Pros and Cons of Gold and Platinum
09 june 2023
(einnews.com) - A frequent question asked by customers when visiting a jewel shop is if Platinum is of more value than gold. The truth is, both precious metals are worth good cash. Both precious metals are used to craft beautiful designs of jewels and could also be used as a great form of investment. But what precious metal to buy will depend on one's budget or what makes them happy.
The power of jade
08 june 2023
(ft.com) - Jade has been treasured in China for millennia, both as a rare gem considered more precious than gold or diamonds and as a store of wealth believed to possess powerful talismanic properties. Now the Stone of Heaven is making its presence felt in western jewellery.
Visionary Cutter Gabi Tolkowsky Dies
07 june 2023
(jckonline.com) - Sir Gabriel “Gabi” Tolkowsky, the legendary craftsman whose skill at cutting diamonds was matched only by his passion extolling them, died on May 29. He was 84.
Clock Ticking for De Beers and Botswana
06 june 2023
(idexonline.com) - Twenty per cent of the world’s diamonds are up for grabs. The clock is ticking on the De Beers rough sales agreement with the government of Botswana. And both sides are under increasing pressure, with less than a month before it's due to be renewed.
Is it too late for the diamond industry to connect with Gen Z?
05 june 2023
(rapaport.com) - They have high expectations, little money, and quite a few contradictions. Tempted by lab-grown diamonds’ affordability and sustainability claims, can this generation fall in love with natural diamonds?
