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
5 Ways To Engage Millennials With Your Video Ads
02 may 2017
(unruly.co) - Getting through to millennials poses a challenge for many marketers – they can be shrewd and hard to reach. But it’s not all doom and gloom, in fact, 81% don’t mind seeing ads when they are relevant to them. So how do you do it? Well, here are our 5 key takeaways on how to create effective online ads for this audience.
IDE Sets Out A Clear Path Of Transparency
02 may 2017
(idexonline.com) - The Israel Diamond Exchange (IDE) is creating some interesting precedents for the wider global diamond industry. Israeli industry leaders brought a raft of proposals before a special meeting of the bourse earlier this month, and among the more far-reaching of them was for a retired district judge to settle arbitration claims with a value of $400,000 or more, rather than a long-standing bourse member. Some smaller claims will also be decided by the retired judge. With this change, IDE hopes to raise the professional level of arbitration proceedings. As IDE President Yoram Dvash said, “This is an unprecedented decision that will increase the status of our Arbitration Institution in Israel and in the diamond world. It will contribute to greater transparency and objectivity and will strengthen the independence of the Arbitration Institution. I have no doubt that the civil courts will now attribute even greater authority to decisions of this institution."
De Beers Reclaims Its Name; Can It Revive Its Brand?
28 april 2017
(thediamondloupe.com) - The De Beers Group made headlines last month when it announced the end of its joint venture with LVMH with the aquisition of their 50% share in De Beers Diamond Jewellers (DBDJ), a move that Chaim Even-Zohar characterizes as, "brilliant and long overdue." He writes, "With De Beers at the helm, the venture will get a realistic chance to succeed. But above all, having full ownership of De Beers Diamond Jewellers means a 'homecoming' of the name De Beers, allowing the company to apply the name to a wider range of downstream possibilities." In his latest Diamond Intelligence Briefing (subscription), "De Beers Diamond Jewellers: A Commercial Disaster Getting a Second Chance", Even-Zohar looks at 14 of the 16-year history (2001-2015) of the failed partnership between the two luxury giants: "they should have divorced many years ago", writes Even-Zohar, particularly after LVMH's $6.01 billion acquisition of Bvlgari made DBDJ "totally irrelevant" to their business model.
Diamonds shine for Anglo American in the first quarter
27 april 2017
(miningmx.com) - Anglo American bumped up its production across the board in the first quarter of 2017 – with the exception of copper and nickel – in what CEO Mark Cutifani described as “a strong operational performance enhanced by the continued ramp-up of Gahcho Kue, Minas-Rio and Grosvenor. The operating improvements at Sishen and on-going portfolio refinements are further strengthening Anglo American’s resilience and competitive position.”
Should Luxury Brands Be Excited About China’s Live-Streaming Frenzy?
27 april 2017
(jingdaily.com) - The live-streaming industry’s explosion in China has shown the world just how keen Chinese consumers are about broadcasting their daily life on social media. Official statistics from the China Internet Information Center indicate that the number of live-streaming viewers had reached 325 million by the end of June 2016 and the majority of them are young—facts that have significant implications for luxury brands in China targeting the country’s emerging wealthy, millennial consumers. While brands have many reasons to be optimistic about this new tool for reaching shoppers, live-streaming’s widespread reach in China means navigating it the smart way isn’t always easy. Huge viewership numbers seemingly point to a promising path for luxury brands to win over more customers. However, exaggerating the number of views is a common practice among China’s various live streaming platforms, as exposed by some well-known online hosts and Chinese media outlets. In 2015, state-run newspaper People’s Daily criticized one live-streaming show on Douyu, a major service provider, for claiming a broadcast exceeded 1.3 billion online viewers, which is almost equivalent to the total population in China. During that same year, a popular live-streaming host said publicly that the platform he worked for constantly faked viewership numbers in order to attract investment.
