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 Missing Diamond Shortage
13 july 2015
(Bloomberg) - If you’ve ever been to a diamond investment pitch you’ve probably seen ‘The Chart,’ the one where diamond demand soars, while supply trails forlornly in its wake. For at least the last decade the looming supply gap has been a presentation staple, illuminating the dearth of new mines and ever expanding appetites for luxury from Shanghai to Mumbai. The only problem is that the x axis keeps shifting, it’s always jam tomorrow.
The Three Tipping Points of Man-made Diamonds – 3
10 july 2015
(janosconsultants.blogspot.be) – Innovation is everywhere! In the battle to control costs we see the use of brass, diamond coated CZ's, and metal plating of every sort, and now full bore collections of MMD's, many using a mix of natural stones and MMD's. Even not knowing how and when these changes will progress, the question arises; what is the end game? Fair enough, and without laying out every possible outcome, let's look at Tipping Point #3.
The Three Tipping Points of Man-made Diamonds – 2
09 july 2015
(janosconsultants.blogspot.be) – The temptation to shift to MMD's (and quit sights, perhaps) is compelling, and apparently under way. A major aspect facing jewelry manufacturers is throughput. Keeping a factory busy is important, which why we have seen so many shift to alternative materials and stones. And volume is much more important to them than moving diamonds. The consumer buys finished jewelry. The diamond may be an important component, but that is what it is - a component. This brings us to tipping point number 2.
The Three Tipping Points of Man-made Diamonds - 1
08 july 2015
(janosconsultants.blogspot.be) - Some developments warrant a close look, even if the effects will not be fully felt for a few years. One that I have written about before is the rise of man-made diamonds (MMD's) in the trade. In my view, there will be three moments in time when MMD's will reach tipping points, moments when their presence in the marketplace will force us to adapt. I'll cover tipping point #1 here, and write of the other two in future blogs.
U.S. Jewelry, Watch Sales Flat in May
07 july 2015
(Rapaport) - U.S. jewelry and watch sales across all channels were flat in May, up just 0.4 percent year on year, at $7.1 billion as estimated from preliminary government figures. According to Rapaport News calculations, jewelry sales rose a touch, up 0.5 percent, to $6.3 billion, while sales of watches fell 0.7 percent to $831 million during the month. Even though estimates were largely unchanged from May 2014, the very slight improvement broke a seven-month streak of sales declines for the sector.
