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
How China’s wealthy are spending more on luxury travel, and why that’s a challenge to diamond sales, says De Beers CEO
19 october 2017
(scmp.com) - Sales of gemstones have been flat or declining for the past six years, and De Beers’ Bruce Cleaver says spending by China’s wealthy on luxury travel, electronics and fine dining affects how much they splash on diamonds.
Changes in Demand Reveal Trends and Uncover Issues
18 october 2017
(ehudlaniado.com) - Recent changes in demand for polished round shaped diamonds in key sizes highlight some interesting trends, anomalies and problems in the wholesale sector of the diamond market. A look over the past year reveals that ahead of the holidays, there is not only increased demand, as expected, but shifts in taste as well.
Scientists Just Discovered 'Young Diamonds'
18 october 2017
(forbes.com) - After analyzing a number of diamonds, geologists have discovered "young diamonds" which will undoubtedly shake up the diamond industry. As you've likely heard before, diamonds require extreme temperatures and pressures to form. So much so, that geologists thought the melting conditions necessary only existed in the early stages of Earth. However, it appears the creation of diamond, young diamonds, occurred much later in Earth's history than was previously thought.
Botswana Diamonds unearths potential discovery through public library
17 october 2017
(miningweekly.com) - Three obscure kimberlites in the Free State, near the origin of the South African diamond rush of the 1800s, have piqued the interest of diamond exploration and project development company Botswana Diamonds. Kimberlites are formed when volcanoes become extinct, with the potential of diamonds forming in the igneous rock as molten magma cools. During a keynote presentation at mining networking platfrom Africa Mining Network, in the end of August, Botswana Diamonds MD James Campbell revealed the company’s interest in the Kimberley, Jagersfontein and Koffiefontein mining areas. On the sidelines of the event, Campbell spoke to Mining Weekly Online with great enthusiasm about the Kimberley, Jagersfontein and Koffiefontein discoveries, pointing out that they are unconventional forms of discovery. Many of the kimberlite discoveries made by Botswana Diamonds in this area did not occur through geophysical or geochemical analysis), but rather through the Afrikaner Research Library, in Kimberley.
Anil Agarwal not to seek board position on Anglo
16 october 2017
(newindianexpress.com) - Mining mogul Anil Agarwal has said he will not seek a board position on blue-chip British miner Anglo American Plc even after becoming its largest shareholder, and instead will support the management. With over 21 per cent stake in the company that owns the iconic diamond brand De Beers, he wants to push for joint venture or technical collaboration between Anglo and his own companies for prospecting for diamonds, copper and coal in India.
