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
De Beers Had a Name. It Just Never Had a Jewelry Brand
30 march 2017
(jckonline.com) - Recently, De Beers took full control of the De Beers Diamond Jewellers retail chain. This makes sense, as De Beers always seemed more invested in the project than partner LVMH. As many have noted, De Beers owns a diamond brand (Forevermark), as well as a retail chain. It makes a certain sense for them to work together. De Beers has said it doesn’t see this happening. But this episode presents a few lessons. The first won’t surprise JCK readers: Retail is hard. Many jewelers predicted problems when the venture first launched. The second is that while name awareness is important, it doesn’t guarantee success. Otherwise, we’d all shop at Sears and eat Trump Steaks. As then–De Beers managing director Gary Ralfe put it, way back in 2006, “It clearly takes more than the name of De Beers for the diamond jewelry to fall off the shelves.”
Stéphane Fischler on Road Ahead for India’s Diamond Industry
29 march 2017
(thediamondloupe.com) - Stéphane Fischler, President of the International Diamond Council, founding member of the European Council of Diamond Manufacturers, Vice President of the World Diamond Council and President of the Antwerp World Diamond Centre talks to Manisha Gupta on India's CNBC-TV18. He shared his view of the Indian diamond industry and the road ahead for its diamond market.
Dominion Diamond puts itself up for sale after $1.1-billion unsolicited bid
29 march 2017
(theglobeandmail.com) - Dominion Diamond Corp., the target of an unsolicited $1.1-billion approach by U.S. billionaire Dennis Washington, said on Monday that it will launch a formal sales process for the company, boosting the company’s share price. The stock rose 3.4 per cent on market speculation that global miners including Rio Tinto and Anglo American’s De Beers unit may now enter the fray and make a bid for Dominion, the world’s third-largest diamond producer by value. Neither Rio, which is a partner of Dominion’s in the Diavik mine in northern Canada with a 60 per cent stake, nor Anglo, immediately responded to a request for comment.
Will Retail Help De Beers ‘Build Forever’?
28 march 2017
(diamonds.net) - Taking control of the De Beers Diamond Jewellers (DBDJ) retail operation from LVMH has completed De Beers transformation from a mining company into a diamond luxury group. The acquisition means that not only is De Beers effectively spread across the entire diamond pipeline now, but it also has full control of its name, which the retail business was unable to leverage.
'Mines to Market' Conference
27 march 2017
The Gems and Jewellery Export Promotion Council (GJEPC) celebrated its 50th anniversary of its existence with a 2-day (19th & 20th Mar. 2017) International Diamond Conference 'Mines to Market' at Grand Hyatt in Mumbai.
