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
Technology in the Diamond Industry: Mining
01 august 2017
(ehudlaniado.com) - A while ago, I wrote about some of the new technologies that are the changing the way companies explore the Earth for diamonds. Many of these new technologies are still in development, and their application in diamond exploration has not been fully implemented. Not so when it comes to new technologies in diamond mining and extraction. Some exciting new machines have come along in the past few years that are helping miners to improve efficiencies in diamond liberation and in worker safety, and to get more value out of each tonne of rock they process. Let’s have a look at some of these new developments.
Alrosa shows interest in Namibia’s diamonds: will Windhoek pave the way for the Russians?
31 july 2017
(observer.com.na) - Alrosa diamond mining company’s management and some diplomats from diamond producing countries met in Moscow, Russia, in 2007 to discuss prospects of cooperation. The meeting was attended by representatives of Angola, Belgium, Zimbabwe, Canada, Congo, Tanzania, Sierra Leone, South Africa and Japan. Although, Namibia did not attend the Moscow meeting, Alrosa said at the time that it would seek opportunities to establish partnerships in development of mineral resources with the southern African country, which is one of the top diamond producers in the world.
The GIA’s Forays into Diamond Tracking
28 july 2017
(diamonds.net) - What business does a gemological laboratory have telling stories about diamonds? That was the unspoken question Matt Crimmin had to answer in his presentations at JCK Las Vegas earlier last month. As vice president of lab operations for the Gemological Institute of America (GIA), Crimmin used the show to roll out what his team had effectively been working on since 2010: a solution to some of the core challenges facing the trade, particularly that of raising consumer confidence. Speaking with Rapaport News recently, Crimmin outlined two projects that the grading nonprofit is piloting with precisely that goal in mind. These initiatives, which the GIA says could change the way diamonds are sold and monitored, are making the laboratory an unlikely frontrunner not only in diamond-grading, but in the drive to keep better track of diamonds and to tell their stories.
How North Arrow can help fill looming diamond supply deficit
27 july 2017
(stockhouse.com) - The November 1991 discovery of diamonds in the Northwest Territories by Chuck Fipke and Stu Blusson put Canada on the global diamond map. It also triggered one of the largest staking rushes in the world, as hundreds of companies hurried north to find treasure. A few years later, many had retreated to warmer climes. One company that remained in the hunt was Gren Thomas’s Aber Resources, with a large land package staked by Thomas and partners at Lac de Gras near the Fipke find. In the spring of 1994, an Aber exploration crew led by Thomas’s geologist daughter, Eira Thomas, raced the spring melt to drill through the ice in search of kimberlite -- the rock that sometimes hosts valuable diamonds. It was a longshot. Since the Fipke find, the great Canadian diamond hunt had virtually ground to a halt - despite the millions of dollars spent in search of the glittery stones. But the drill core from that final spring hole had a two-carat diamond embedded in it. The Diavik discovery meant it was game on for Aber -- and Canada’s nascent diamond industry.
Rough and Polished Disconnect: What to Do About It
26 july 2017
(ehudlaniado.com) - A couple of weeks ago, I published the latest MDGT™ figures for June, showing a decline of 0.6% year-over-year in polished diamond prices. It was the 31st consecutive month of decline, a confounding period of more than two and a half months of continuously eroding value. This is not a complete surprise, and it requires from us to act, before value is so low that we have no business left.
