News
Saudi oil companies to engage in lithium production
The Saudi oilfield services company National Energy Services Reunited has announced that its specialized division, NESR Environmental and Decarbonisation Applications (NEDA), has entered into an agreement with the national oil and gas monopoly Aramco...
Today
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
The Futility of Chasing Rough Shadows
10 august 2015
(Rapaport) - The rough diamond market is now at a tipping point and De Beers must reduce its prices by 10 percent to 20 percent if the miner has any chance of restoring its own growth prospects – never mind diamond manufacturing profit. As rough prices have remained at unsustainable heights through 2015, market sentiment has dropped to six-year lows.
De Beers looks to SA with fresh eyes
07 august 2015
(miningmx.com) – The operations of De Beers Consolidated Mines (DBCM) will dwindle further with the proposed sale of Kimberley Mines, but Philip Barton, the company’s CEO, believes that DBCM has some surprises in stall for its followers.
Where the Dead Become Diamonds
06 august 2015
(The Atlantic) - A Swiss company wants to change the way people mourn by transforming the remains of their loved ones into gems.
How Sightholders Take Care of Business – A Market Report
05 august 2015
(edahngolan.com) - From retailers in Middle America to jewelry manufacturers in India, from polishers in Israel to rough traders in Antwerp and miners in Africa – the global diamond industry seems tired, pessimistic and gloomy. Everyone in the pipeline is seeing their sales decline and their turnover shrink, with improvement resting on a distant horizon – constantly receding. However, there is a glimmer of hope out there.
Love and Hate on the Rough Supply Side
04 august 2015
(IDEX Online) - “De Beers Does Not Feel the Love.” This is quite a puzzling subhead that appears on a note by RBC Capital Markets analyst Des Kilalea to Anglo American shareholders and other institutional investors. This sentiment might have been a typical British understatement reflecting the feelings of DTC clients towards their once “beloved” rough supplier.
