News
Lundin achieves record quarterly gold output at its flagship Ecuador mine
Vancouver-based Lundin Gold has reported that in the third quarter of 2026, gold production at its Fruta del Norte mine in southeast Ecuador hit a new quarterly record.
Today
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
Interview With Responsible Jewellery Council Executive Director Andrew Bone
14 october 2016
(jckonline.com) - Andrew Bone, the executive director of Responsible Jewellery Council (RJC), took some time to speak with JCK Online following his presentation at the World Diamond Council’s annual meeting in early September. Highlights of this conversation follow.
Rockwell in ‘state of despair’, new CEO steers operational turnaround
13 october 2016
(miningweekly.com) - South Africa-focused alluvial diamond miner Rockwell Diamonds is in a “state of despair”, its incoming chief executive said in late September, adding that the company will implement a comprehensive operational turnaround. “From my observations to date on the general health of the business and understanding of the main contributors to its current position, it is clear that the business finds itself in a state of despair for a number of reasons,” stated incoming CEO Tjaart Willemse, who will take the reins from James Campbell by the end of November.
Rio Tinto To Focus On Affordable Diamond Jewellery In India
12 october 2016
(profit.ndtv.com) - Rio Tinto, one of the leading producers of rough diamonds in the world, is planning to focus on the affordable diamond jewellery segment in India, a company official said.
Alexey Genkin on Grib Diamonds: A Rising Russian Rough Supplier Flying Under the Radar
11 october 2016
(thediamondloupe.com) - Grib Diamonds is a 100% owned subsidiary of LUKOIL and a relatively new player in the rough diamond business, having started its operations in Antwerp in May 2014. Grib Diamonds markets the production of the Grib Diamond Mine, which is owned and operated by oil and gas company LUKOIL. With estimated reserves of 91.5 million carats, it is the 8th largest diamond mine in the world, the 4th largest in Russia and the only major one in Russia that is not operated by ALROSA. Its active development phase started in 2008 and the first diamonds were recovered in 2014. The Diamond Loupe sat down with General Manager of Grib Diamonds, Alexey Genkin.
The Diamond Industry's First Campaign in 5 Years Encourages Millennials to Make a 'Real' Commitment
10 october 2016
(adweek.com) - The diamond business saw the writing on the wall: Retails sales of diamond jewelry are on the decline as young people delay marriage, work to save money and take a somewhat skeptical view of the premium jewelry industry. For that reason, trade organization the Diamond Producers Association chose ad agency Mother New York last year to effectively reintroduce its products to a generation still shaken by the Great Recession. The shop's first campaign for its newest client debuted last week, and it positions real diamonds as the truest symbols of a deep emotional commitment between two young people ... even if that bond isn't made official in the eyes of the law. The development of the new brand campaign "Real Is Rare" is the result of more than six months of field research and development by Mother and research firm The Sound Market Research, which interviewed young people across the United States. The resulting ads serve as intimate, impressionistic portraits of two relationships at pivotal moments. In keeping with the campaign's premise, both of these romances follow non-traditional trajectories.
