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
Luxury Institute Offers Top 10 Tips for Boosting Luxury Goods Sales
25 january 2018
(idexonline.com) - A recent gathering considered changes in the luxury market expected during 2018, looking at factors such as the financial challenges of millennials, the increasingly omnichannel nature of the customer experience and the increasing importance of data and artificial intelligence in building relationships. At the October meeting of the Luxury Client Experience Board, Luxury Institute CEO, Milton Pedraza, analyzed the current state of the high-end market and presented the Luxury Institute's "Ten Luxury Trends For 2018" focused on the importance of services within the luxury industry and the distribution of wealth among luxury consumers.
An Irish diamond exploration company, Karelian Diamond Resources, has been granted a four-year licence in Finland
24 january 2018
(irishtimes.com) - An Irish diamond exploration company, Karelian Diamond Resources, has been granted a four-year licence in Finland. In a statement on Monday, Karelian said the Finnish mining authority had granted the exploration license in the Kaavi region of the country. The 28.84 hectare licence is close to the company’s Lahtojoki mining operation and covers an area near where kimberlite boulders were discovered last year. The finding of kimberlite is significant as these igneous rocks can sometimes contain diamonds. While the licence can be appealed within the next 30 days, after that Karelian has the exclusive right to apply for a mining permit.
Diamond Portraits – Harry Winston
24 january 2018
(ehudlaniado.com) - Harry Winston such a well-known name outside of the diamond industry that numerous books have been written about his legacy and the many famous stones and people he was associated with. He became known as the “jeweler to the stars” with his focus on the Hollywood A-list. The list of magnificent and important diamonds that he bought and sold in his lifetime trumps anyone else in history. Through his brilliant marketing with famous celebrities, he made diamonds a coveted treasure of their fans, which continues to this day.
Synthetic Diamond Market by Product, Type, Process Analysis and Application- Global Industry Analysis and Forecast To 2023
23 january 2018
(crystalmarketresearch.com) - The Synthetic Diamond Market was worth USD 14.72 billion in the year 2014 and is expected to reach approximately USD 28.59 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.65% during the forecast period. The worldwide synthetic diamond market is anticipated to encounter an immense development over the figure time frame. The market is anticipated to be impacted by the increasing technological development and rising investments by the major market players. Synthetic diamonds are manufactured in the laboratory and are popular for its unique crystalline structure, chemical composition and physical properties. Synthetic Diamonds are generally used in various fields which include laser optics, telecommunication and others. Engineered diamonds have basically a similar concoction arrangement, gem structure, optical, and physical properties of jewels found in nature. Synthetic diamonds are arranged as high-weight, high-temperature (HPHT) or substance vapor statement (CVD) jewels and contingent upon the strategy for their creation. The unique characteristics of synthetic diamond such as potential to combine with boron and take on a similar electrical conductivity to metal, low thermal expansion, high electrical carrier mobility has made it more popular among the end users.
Did a Troubled 2017 Promise Growth in 2018?
22 january 2018
(edahngolan.com) - Is the diamond industry moving forward? Is it on a growth track? Is it taking steps that would lead it to capture market share from other luxury goods, greater share of wallet, or at least improve its margins? Looking at 2017, it was somewhat better than 2016, which in turn was an improvement over 2015. Yet an uneasy feeling is lingering around, reminding us that “better” is conditional at best. Although diamond jewelry retail sales were not very good during most of 2017 in the US, there were improvements in China and India, the second and third largest diamond jewelry consumer markets. The midstream of the diamond pipeline had a tough year, but not as bad as the previous one. Miners found that they too need to be innovative, and took steps in that direction.
