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.
Today
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...
Today
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...
Today
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.
Today
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...
Today
Why Diamonds Won’t Replace Gold as a Safe Haven
07 november 2025
(bloomberg.com) - What do you invest in when you think things might get really bad? For one answer maybe look to the fate of the Romanovs. Getting rid of them should have been easy for the Bolsheviks: the Russian royals were weaponless and trapped in a basement while their killers had guns. But it wasn’t so simple after all.
Why Signet, the world’s biggest diamond retailer, wants your old jewelry
31 october 2025
(trellis.net) - The parent company of retailers Kay and Zales, which sells six collections made from repurposed metals and diamonds, wants to design more. Signet, parent company of jewelry retailers Kay and Zales, streamlined its environmental, social and governance strategy in 2023 to focus on 11 goals rather than 44.
How the diamond engagement ring was invented – and sold around the world
24 october 2025
(aljazeera.com) - For decades, men in many countries were expected to spend two or even three months’ salary on a diamond engagement ring. This notion – and the iconic status of this gem – did not come about by accident.
Old Mine Cut Diamonds Are Making a Comeback
17 october 2025
(townandcountrymag.com) - Taylor Swift’s engagement ring has changed the game. After years in the shadows of cushion cuts, old mine cut rings are now back in the spotlight. Within a day of NFL star Travis Kelce’s proposal to Swift, searches for old mine cut diamonds surged nearly 10,000%.
How Does an Early Monsoon Affect Rural India Gold Consumption?
10 october 2025
(lbma.org.uk) - The Indian summer monsoon (ISM) commences in June and continues until September, directly influencing India’s agricultural output. The ISM is affected by large-scale oceanic conditions, particularly the El Niño–Southern Oscillation (ENSO) and the Indian Ocean Dipole (IOD). The state of the monsoon — whether normal (above or below average) or deficient — determines the kharif crop yield. According to the Economic Survey 2024–25, published in January, agriculture accounts for 16% of GDP and supports 46.1% of the population.
