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
Tackling Debts & Fears in Today’s Diamond Market
06 july 2015
(www.ehudlaniado.com) - Massive debts left by a large, failing mid-stream player are always a worry in the diamond industry, and an even bigger concern since the most recent crisis began. Large debts left by a closure means that those owed the money might have difficulty in meeting their own payments, which could cause a chain reaction of failures.
The Biggest Challenge
03 july 2015
(Rapaport) - The Presidents’ Meeting that took place in Tel Aviv this week highlighted five challenges facing the diamond industry, but the issue of profitability was the most pressing. Constituents of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), which hosted the meeting, are fighting for survival as they’re unable to make money from polishing rough diamonds.
The Jewelry Retail Challenge: Think H&M
02 july 2015
(edahngolan.com) - As we all know, the jewelry retail sector is struggling and facing many challenges: from declining consumer interest to limited marketing, from competing categories to unclear propositions, from confidence-eroding scandals to difficult pricing. Even benchmarking performance and prices is not widely available. And these are just internal issues. The question is no longer if the jewelry retail landscape is challenging, but what can be done about it?
Everyone’s Branding Diamonds!
01 july 2015
(www.jckonline.com) - Branding, when it’s successful, evokes immediate recognition and positive emotional responses. Names, slogans, images, and celebrities are used to imprint the brander’s message on consumers’ neural circuits, where it can be plucked back to consciousness by the next sight or sound of the name, slogan, image, or celebrity.
The Case for Reducing Supply in Today’s Market
30 june 2015
(www.ehudlaniado.com) - The large diamond miners and major suppliers to the market offered large quantities of diamonds this cycle, as expected. List prices were generally steady, with one notable exception. Yet retailers and wholesalers with large polished diamond inventories are not buying diamond jewelry at a quick pace, even in the U.S. where business is the healthiest.
