News
India tightens standards for gold
India’s new "Good Delivery Gold" standard system establishes requirements for responsible sourcing and traceability. The Gem and Jewellery Export Promotion Council (GJEPC) has called for the swift adoption and international recognition of these standards...
Today
Orion Minerals secures $40m Glencore financing for Prieska mine development
Orion Minerals has secured $40 million in Tranche A financing from Glencore for its flagship Prieska Copper Zinc Mine in South Africa's Northern Cape, after the funding became unconditional following the execution of final concentrate offtake and intercreditor...
Today
De Beers' Q3 output falls 11%, assumes full ownership of Gahcho Kue
Anglo American has reported an 11% decrease in De Beers’ rough diamond production for the third quarter of 2026, down to 6.8 million carats compared to 7.7 million carats in the same period last year.
Today
Critical Metals gets formal approval for Tanbreez rare earth mine from Greenland authorities
US-based Critical Metals Corp. has announced that its flagship Tanbreez rare earth project has received formal mining plan and closure plan approvals from the government of Greenland, paving the way for a 24-year mine life.
Today
Kyrgyzstan begun construction of a $556 million gold mining complex
The project is being implemented by Chaarat ZAAV, a joint venture between Canada’s Silvercorp Metals (70 %) and the state owned Kyrgyzaltyn (30 %). According to Silvercorp Metals’ calculations, once it reaches its design capacity, the enterprise will...
Yesterday
Industry in Peril
05 october 2015
(ehudlaniado.com) - Last week I presented here a theory that examined the cost of rough by reverse engineering the achieved price of polished. I concluded that cost of rough in the current market may be excessively high and that therefore room exists to reduce prices. This week, let us examine this same issue from another angle and see if the theory holds.
Consumer Expenditure on Jewelry Sinks
02 october 2015
(edahngolan.com) - A review of US consumer expenditure on fine jewelry in the past year is sobering at best. Americans are spending a lot less on jewelry, and this is a near across the board trend. In every demographic, nearly every segment of the demographic spent less on jewelry, and at times every segment spent less.
Stability in the Diamond Market
01 october 2015
(ehudlaniado.com) - Rough diamond prices are now stabilizing after years of difficulties in which profits were elusive, midstream vendors and wholesalers complained of challenges and the consumer demand for polished diamonds declined. Who has the role of being the gatekeeper of the prices for rough diamonds sold to the midstream? Who can ensure that the prices of rough diamonds allow producing adequately priced polished that can be profitable further down in the value chain?
The Melee Market
30 september 2015
(Rapaport Magazine) - Melee has always been an important player in the diamond market, accenting jewelry and creating sparkling pavé. Over the past 15 years, melee has become even more important to the diamond jewelry market as halo settings in engagement rings have been one of the most popular styles of the moment. In addition, as diamond jewelry has become more design oriented and as consumers have become more cost conscious, tiny melee diamonds have allowed for the creation of larger-scale designs that have big impact at a more affordable price.
Some Fundamental Issues and How We Can Solve Them
29 september 2015
(ehudlaniado.com) - The global diamond pipeline is still permeated by fundamental issues, issues which result in a constant situation of uncertainty. Today it is easy to indicate problems because of the current state of the market. A close look at the industry reveals that these issues have been around for a long time, and caused instability frequently. Now that the situation is so dire, we have a golden opportunity to create a profound and fundamental change that will bring the industry onto much firmer ground.
