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
Tiffany, Trump, Jewelers, and Politics
17 may 2017
(jckonline.com) - Tiffany & Co. waded into the always-contentious political waters with a note to President Trump regarding climate change, which appeared on its Facebook, Instagram, and Twitter feeds, and as an ad in The New York Times. What makes this gesture notable is that Tiffany didn’t just profess support for the environment—something brands do on a regular basis. It took an explicit stand about a specific issue (the Paris Climate Agreement), and aimed it a public figure (President Trump, who reportedly named his daughter after the retailer). Whether or not you agree with Tiffany’s point of view, the question is: Should the brand—or any brand—take a political position?
US Economic Growth Being Hit By Volatility At Home And Abroad
17 may 2017
(idexonline.com) - Three months into his administration, President Trump appears to be running into reality. Political changes at home are much more difficult to achieve than previously thought. And abroad, there are serious developments and volatility beyond what he might have foreseen. All of that has smudged his palette and, consequently, makes the picture a lot less clear. Following the initial euphoria, US economic growth remains lackluster. And uncertainty as to whether the Trump administration can pass key reforms, despite controlling both the Senate and the House of Representatives, are making markets somewhat edgy. The stock market is looking for evidence that U.S. corporate earnings will remain robust and that policies on tax reform, regulation (or, rather, deregulation) and infrastructure will gain lawmakers' approval.
Synthetics seen as an existential threat
16 may 2017
(en.israelidiamond.co.il) - What characterizes 2016 more than anything else is the aggressive behavior of the gem-quality synthetics (lab-grown) producers. The polished diamond output of the dominant synthetic (lab-grown) rough producer, which manufactures and sells the polished itself or through subcontracting, enters the consumer market largely undisclosed – especially through set-jewelry, where the chances of “discovery” are near zero. In value, we estimate that some $750 million of gem synthetics (lab grown) were sold in 2016. [Our $750 million represents the natural PWP equivalent, as they effectively eat into the demand for natural polished. The production and sale cost for the same can be significantly lower.] In terms of volumes, especially melees, the amounts of undisclosed synthetics in the markets are staggering.
And Where Is Industry Leadership To Overcome KP Structural Obstacles?
15 may 2017
(gemkonnect.com) - There can be no better evidence that the Kimberley Process (KP) is not BS than the debate it stirs up. I am pleased that two eminent figures connected to the KP, Ian Smillie and former Chair Ahmed Bin Sulayem, chose to respond to a recent article of mine, which itself was prompted by the report that was posted on this site about a debate at a recent industry conference. It is, of course, difficult debate that brought the KP to life, and it is that same level of debate that will keep efforts going to address conflict diamonds, and broader issues in the diamond supply chain. I write to clarify a couple of points and then ask two fundamental questions of Smillie and Bin Sulayem in the first instance, but really, I ask it of the entire KP and broader diamond industry. Because it is, when all is said and done, up to the industry to decide what really happens to the KP.
AK Alrosa PAO (ALRS) Signaling Bullish 50-Day Trend
12 may 2017
(twincitytelegraph.com) - AK Alrosa PAO (ALRS) has registered bullish trend on the tape over the past fifty bars (sessions) according to Barchart.com market data. Traders will be watching closely to see if this momentum will continue or if a pullback is in order.
