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.
16 october 2026
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.
16 october 2026
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.
16 october 2026
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.
16 october 2026
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...
16 october 2026
Big Changes at Baselworld: Half the Exhibitors, Space Reduced By One-Third, Shorter Duration
21 december 2017
(forbes.com) - Baselworld, the world’s largest watch and jewelry fair, held annually in Basel, Switzerland, is reducing its presence and changing its strategy. There will be half as many exhibitors in 2018 - 600-700 compared to 1,300 in 2017. The benchmark year was 2011, when 2,000 companies exhibited. The выста space will be reduced by one-third. Most notably, the top level of the new building erected in 2008 at a cost of 430-million Swiss francs, will not be in use. Baselworld confirms that Halls 1.2, 4 and 5 and about half of Hall 2 will no longer be occupied by Baselworld. In addition, the price for companies to exhibit will be reduced by 10%. “We were faced with the challenge of either lowering our quality standards or accepting a significant drop in the number of exhibitors,” says Sylvie Ritter, managing director of Baselworld. “We have decided to maintain the outstanding quality. The show does not rely on quantity, but will remain the leading event for premier global brands. And this in all segments."
Looking Again at the “Real” Diamond Question
20 december 2017
(jckonline.com) - Via Paul Zimnisky on Twitter, I can certainly see why Diamond Foundry would want The New York Times to correct this quote: An earlier version of this article misquoted Jeremy Scholz, the chief technology officer at Diamond Foundry. He said that, in terms of the ecological and social costs, lab-grown diamonds can be “even better than mined diamonds”—not “even better than real diamonds.” Whether lab diamonds are “real” is the subject of much discussion in the trade. And to some people, it’s the key question regarding lab-grown diamonds. If they are looked on as the same product, why wouldn’t consumers go for the cheaper alternative? That’s one reason diamond growers hate the word synthetic. Despite the scientific basis for the term, they fear it means fake.
Distinct Characteristics of Key E-commerce Players In China You Need To Know
20 december 2017
(jingdaily.com) - It’s clear that domestic luxury consumption in China has been heating up, and e-commerce represents a key opportunity for brands to sell to digitally savvy Chinese consumers. According to KPMG, approximately 50 percent of luxury goods sales in China will be made online by 2020. With the large number and purchasing power of Chinese luxury consumers, the question many luxury brands face is should they open their own e-commerce sites or launch channels on major third-party marketplaces?
Atelier Swarovski Turns to Man-Made Gems
19 december 2017
(nytimes.com) - Early this year, when Nadja Swarovski was deciding how to celebrate the 10th anniversary of Atelier Swarovski, she had a vision. “I wanted to do something responsible, sustainable and forward-thinking,” she said, to celebrate the line known for collaborations with design leaders like Karl Lagerfeld, Zaha Hadid and Christopher Kane. The creation of a fine jewelry collection was the beginning, but then Ms. Swarovski, who is Atelier Swarovski’s artistic director as well as a member of the company’s executive board, went further. Instead of designs made solely with crystals — the sparklers linked with the name Swarovski as tissue is to Kleenex — she decided to mix in diamonds and emeralds, too. But these were gems created in laboratories.
Myths Busted: The Truth About Diamonds
18 december 2017
(diamonds.net) - Myths about the industry, especially among consumers, are some of the hardest to debunk. Here, leading experts correct some common misconceptions.
