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
Diamond industry has favourable global prospects – De Beers CEO
05 june 2015
De Beers’ Group chief executive Philippe Mellier said the diamond industry has very favuorable global prospects in the medium to long-term and the U.S. market was set to play a central role in the industry’s bright future.
The New Diamond Group Won’t Be What You Think
04 june 2015
(JCK) - Everyone agrees that the diamond industry should do more generic marketing, along the lines of the fabled De Beers campaigns that created the industry. So the news that the major miners are forming a Diamond Producers Association was warmly received. Except, as we have said before, this won’t be a new De Beers.
Using Diamonds (PCD and Synthetic Grains) in Abrasive Tools for the Aerospace Industry
04 june 2015
(AZO Materials) - The aerospace industry makes use of a wide range of materials which are selected due to the characteristics they possess, such as strength, density and rigidity. Nickel-based super alloys and composites are examples of such materials. However, they are difficult to cut and require specific machining techniques. As a result, diamond is used for applications in which conventional tools cannot be used to reach the final objective of the manufacturing process.
Apple Watch’s downfalls are luxury watchmakers’ opportunities
03 june 2015
(Luxury Daily) - Apple’s smartwatch may be all the buzz right now, but it faces serious challenges, both on a micro- and macro-level. The Apple Watch’s pricing scheme is tenuous at best. There is little justification for anyone other than a very rabid, very rich Apple fanboy to buy the higher-end Apple Watch offerings. For the highest-end version, the Apple Watch Edition, Apple seems to be trying to cut into the luxury watch market’s user base.
Chow Tai Fook Seeks 20% Drop in Hong Kong Shop Rents in 2015
02 june 2015
(Bloomberg) - Chow Tai Fook Jewellery Group Ltd. is seeking a 20 percent reduction in rent for some of its stores in Hong Kong when contracts come up for renewal this year, as sales of luxury items plunged in the city.
