News
Indian jewellers promote natural diamonds amid competition from lab-grown stones
Falling prices for lab-grown diamonds and their resulting rise in market share are transforming India’s diamond jewellery market and prompting jewellers to take proactive measures.
Yesterday
Ethiopia opens first gold refinery to serve region
Ethiopia has inaugurated its first gold refinery, a $50 million joint venture that the government hopes will establish the country as a regional hub for precious metals processing, Prime Minister Abiy Ahmed announced over the weekend, according to Reuters...
Yesterday
Anglo American bets R11.2B on South African mining's future
Anglo American has reaffirmed South Africa's potential as a premier mining investment destination, even as the company commits R11.2 billion ($677 million) to an ultra-high dense media separation iron-ore project at Sishen in the Northern...
Yesterday
Nornickel forecasts $4 billion in precious metals revenue for 2026 - report
A senior Nornickel representative noted that the company expects to generate $4 billion in revenue from precious metals sales this year.
Yesterday
Russia to build first permanent REM magnet plant
In 2028, Russia is set to start the construction of its first plant for manufacturing permanent magnets from rare-earth metals (REM) in the city of Glazov, to be commissioned in 2029 with an initial capacity of 500 tonnes per year, said Andrey...
Yesterday
Where Europe can lead on Critical Raw Materials
04 may 2023
(electrive.com) - With the EU Commission having drafted the Critical Raw Materials Act (CRMA), we talked to Vulcan Energy, Skeleton Technologies and volytica diagnostics, who all have new approaches to the supply and use of battery raw materials. We also gathered statements from EU Commissioners Thierry Breton and Valdis Dombrovskis and the German Chamber of Industry and Commerce (IHK). What emerged gives a glimpse into where Europe is headed and where it may take new approaches to secure the battery supply chain.
An expert guide to signed jewellery
03 may 2023
(christies.com) - Christie's Jewellery specialist Arabella Hiscox explains why pieces featuring the signature of top brands attract serious collectors worldwide.
LONG READ: Russia the mining and minerals titan of the future
02 may 2023
(intellinews.com) - Russia is already a mining and minerals titan but as the green and EV revolutions unfold its position will only improve as metals and minerals gradually replace hydrocarbons as the country’s major exports and give the Kremlin fresh leverage over the rest of the world. “While the country is already a leading producer of gas and oil, it possesses vast geological resources, including significant deposits of diamonds, gold, platinum, palladium and coal, as well as reserves of iron, manganese, chromium, nickel, titanium, copper, tin, lead and tungsten ores. These resources are estimated to represent a total value equivalent to $75 trillion, potentially making Russia the world's richest country,” according to a report highlighting Russia's potential to become a major player in the global mining industry from the French Institute of International Relations (IFRI).
There is a new Diamond Kingmaker, and it is called "Origin": A Letter from AWDC CEO Ari Epstein
01 may 2023
(thediamondloupe.com) - This last year in the diamond industry was not what one would consider "normal". Standard business patterns disappeared, business relationships changed drastically, and traders adapted to new regulations and ways of trading. Many of us think we have seen all the possible changes one can be faced with in a year, but I believe this is just the beginning of a paradigm shift in our industry, where quality will be replaced by a new kingmaker: origin. Heraclitus said it best: “There is nothing permanent except change”. It is time to prepare for real change, as it will be at our doorstep sooner than anticipated.
Tracking Putin’s diamonds: G7 push to ban Russian gems gathers pace
01 may 2023
(politico.eu) - G7 countries are pushing ahead with plans to agree to ban sales of Russian diamonds when the group’s leaders meet for a summit next month, amid growing hopes that new technology will enable authorities to track the gems around the world.
