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
Anil Agarwal plans to bring Anglo American’s business to India
26 april 2017
(businessfortnight.com) - Vedanta Resources Plc.’s founder and group chairman Anil Agarwal plans to leverage his association with Anglo American Plc. to persuade the British miner to set up businesses ranging from fertilizer production to diamond mining in India. Vedanta Resources also plans to spend $10 billion over the next three years across its businesses, of which $8 billion is earmarked for Indian operations, Agarwal said in an interview on the sidelines of the Global Natural Resources Conclave organized by Network18 and the Confederation of Indian Industry. In March, Agarwal announced the planned purchase of about 13% of Anglo American’s stock in an investment by his holding company Volcan Investments Ltd, making him the second-largest shareholder in the $26 billion company that counts diamond producer De Beers among its assets.
De Beers Clears Out Diamond Stock After India Cash Crisis
25 april 2017
(bloomberg.com) - De Beers sold almost twice the diamonds it mined in the first quarter as the top producer cleared stocks that piled up after India torpedoed demand in the local gem industry by abolishing large-denomination banknotes. The Anglo American Plc unit sold 14.1 million carats, the most since at least the start of 2016, when it first published data, and mined 7.4 million carats, it said in a statement Monday.
Offer For Dominion Diamond Corp Puts Spotlight On Canada's Diamond Mining Future
25 april 2017
(idexonline.com) - There's nothing better than a story that runs and runs. And that appears to be the case with the rapidly developing story of Dominion Diamond Corp. Suddenly, apparently out of nowhere, the mining firm appears to be a cherry that several companies are keen to pick. It has also raised the subject of the consolidation of the Canadian diamond mining industry, which has been regarded as inevitable by industry players for a number of years.
Exit Interview With Cecilia Gardner, President and CEO of the Jewelers Vigilance Committee
24 april 2017
(jckonline.com) - Cecilia Gardner stepped down last month after 18 years as president and CEO of the Jewelers Vigilance Committee. (She also served, for over a decade, as general counsel for the World Diamond Council, which represents the industry in front of the Kimberley Process.) She will now offer legal and consulting services for the industry. In a candid talk at the American Gem Society Conclave in Los Angeles, Gardner addresses her future plans, her views on women in the industry, and, of course, the Kimberley Process.
Has GIA Invented the Synthetic Diamond “Black Box”?
21 april 2017
(jckonline.com) - At last year’s forum on undisclosed lab-grown diamonds, Gemological Institute of America chief laboratory and research officer Tom Moses noted that jewelers have long yearned for an easy-to-use, synthetic-sniffing “black box” that costs $99 and fits on a countertop. Last week GIA announced a device which, while not filling those exact criteria, comes pretty close.
