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
This Tiny Diamond Contains a Mineral That's Never Been Seen Before
21 march 2018
(livescience.com) - A schist in the hand may be quite continental, but diamonds are a geologist's best friend. For proof, look no further than a recently mined diamond that contained a mineral that had never been seen in nature — until now. The discovered mineral — called calcium silicate perovskite (CaSiO3) — was found trapped inside a diamond excavated from South Africa's Cullinan mine (most famous for yielding the world's largest diamond in 1905, part of which now adorns the crown jewels of the United Kingdom). The finding, published online on March 7 in the journal Nature, provides an important clue to the puzzle of how Earth's inner structure behaves.
Blockchain Technology: No Longer a Diamond in the Rough
20 march 2018
(customerthink.com) - The global technology industry has been abuzz for over a year now with news of advancements in blockchain-enabled platforms. The technology, which is the underpinning of cryptocurrencies like Bitcoin, has started to turn up in some pretty unexpected and innovative places. There seems to be no limit to the ways that this exciting new technology will be applied. It has been adapted to create a rights-managed service for artists and musicians to self-publish their work. Also, the distributed computing resources inherent in blockchain systems are being leveraged by businesses like Golem, to bring massively-scaled computing to companies and individuals on an on-demand basis. The most unexpected use thus far though, has been in the diamond industry.
China’s Wealthy Millennials Want “Newness” and “Speed:” Bain
19 march 2018
(jingdaily.com) - China’s luxury industry players emitted a collective sigh of relief on Wednesday (January 17) as Bain and Company reported China’s luxury goods market took its biggest leap forward in sales in six years. It’s six years that have been plagued with challenges as China’s anti-graft campaign put a plug in ostentatious purchases, a problem compounded by the country’s slowing economic growth. The tides now seem to be changing, however. On Thursday, the BBC reported that China’s economy grew by 6.9 percent last year, and the rate has sped up for the first time in seven years, according to official data.
Mercury Polished Diamond Prices: Prices Continue to Rise in February
16 march 2018
(ehudlaniado.com) - January’s rising polished diamond prices continued into February on the back of awakening demand. Polished diamond prices had suffered from an extended period of declining prices since mid-2014. However, after improved retail sales in the US over the November-December holiday season, demand for polished diamonds improved, pulling up prices. In February, prices of smaller goods, as well as one and two caraters improved, yet a few key sizes pulled back a little, according to the Mercury Diamond Global Tracker™ (MDGT™), an index of polished diamond transaction prices. The steady prices, following an extended period of price declines, are a welcome sign of stability for the global diamond industry.
In The Diamond Industry, Women Mean Business, But It’s Also Personal
15 march 2018
(medium.com) - The diamond industry is doing something special this year to celebrate International Women’s Day. We’ve launched a story-telling series about the role women play in the business. Promoted on the diamond industry’s storytelling platform, “Stories Behind The Brilliance Of Diamonds,” the series features articles from and about women who represent different stages in the diamond’s evolution from mine to market.
