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
Anglo American: Someone’s going to get hurt
15 june 2015
(Mineweb) - Anglo is not going to cut its dividend again, is it? After the furore and recriminations that flew between the investment community and the company the last time this happened, they surely wouldn’t dare. But an analysis of their projected future earnings and debt levels suggest that someone is going to get hurt: either equity investors or debt holders.
Raising the Mood in Vegas
11 june 2015
(Rapaport) - The JCK Las Vegas show that ended on Monday met the low expectations of the diamond trade. Polished diamond suppliers were reassured about the strength and stability of the U.S. market, even if sales were mediocre and buyers were pushing for deeper discounts. For that reason, confidence improved and the show should be deemed a success.
What are Nanodiamonds?
10 june 2015
(Diamond Investing News) - While they may sound like the invention of a science fiction writer, nanodiamonds are quite real. What’s more, they’re being used for vital work across a number of industries. “Nanodiamonds have excellent mechanical and optical properties, high surface areas and tunable surface structures,” states an article authored by experts at various universities and published in the journal Nature Nanotechnology. “They are also non-toxic, which makes them well suited to biomedical applications.”
How to Make a Customer Out of an Internet Shopper
09 june 2015
(The Diamond Loupe) - Times have changed. Remember when a retail jeweler was the first and only stop when purchasing a diamond? Today, the traditional retailer competes with more than just other jewelry stores for the diamond sale. It seems that everyone is now in the diamond business, from big box stores to department stores to countless Internet sites. Add to this challenge shrinking margins and the increasing number of shoppers willing to make a big purchase online and it makes a bricks-and-mortar jewelry store owner almost want to hang it up. But, there are ways to reclaim diamond sales.
Retail Jewelry Prices Down; Demand Down – Where’s The Logic?
08 june 2015
(IDEX Online) - Jewelers have employed price-based marketing for years: “50% Off” signs regularly adorn their store windows, enticing bargain-hunting shoppers. Recently, however, those “50% Off” signs have been replaced with “Up to 70% Off” signs, but there is no increase in customer traffic.
