News
Antofagasta Q3 copper output up 7%, annual guidance maintained
Chilean miner Antofagasta has reported that its copper production increased by 7% in the third quarter of 2026 to 151,900 tonnes, compared to 142,000 tonnes in the same period a year earlier.
Today
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...
Yesterday
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...
Yesterday
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...
Yesterday
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.
Yesterday
Create The Mood And The Customers Will Come
14 november 2014
(IDEX Online) - Walking around Hatton Garden in London, the home since medieval times of the British jewelry industry, as well as town and city centers across the country, one receives a clear picture of the state of the retail jewelry in the United Kingdom. The mood is similar to that found across European countries. That mood, unfortunately, is rather morose. A full six years since the global financial crisis struck and the deep recession that followed, it seems that Europe as a whole has not been able to move on since.
Made in Canada
13 november 2014
(Rapaport) - The recent re-launch of the CanadaMark hallmark by Dominion Diamond Corporation is designed to enhance the company’s status as Canada’s primary diamond mining company. While CanadaMark is essentially a business-to-business (B2B) program that complements the brands of manufacturers and retailers, Dominion is hoping it will create a premium for its exclusively Canadian rough diamond production.
Bain: China Luxury Spending to Decline 1 Percent in 2014 (and Why Brands Shouldn’t Panic)
12 november 2014
(Jing Daily) - In a piece of news that’s likely to have brands worried about their future financial reports, China’s ongoing luxury slowdown has caused growth to move from the black to the red, according to a new report by Bain & Company and Altagamma. Luxury companies shouldn’t develop too much anxiety over the forecast, however, since Chinese consumers are still spending—they’re just doing it overseas.
WDC 'Privatized' – Now Represents Main Producers And Retailers
11 november 2014
(IDEX Online) - The press release published the day after the conclusion of the World Diamond Council’s 10th Annual Meeting should become a case study about the length and width in which supposedly ethically, responsible, transparency, accountable, honest organizations deceive their stakeholders. What the press release does not state is that the WDC has lost its legitimacy.
Indian diamond industry took respite for Diwali
10 november 2014
With the cutting and polishing centres closed for Diwali, the Indian diamond market turned almost inactive. While some offices may have resumed in Mumbai, rough as well as polished trading is almost non-existent. In the cutting centres, businesses will remain closed until the first week of November. Rough trading has also been weak as diamantaires wait for the price outcome in the next DTC sight.
