News
Indian jewellers promote natural diamonds amid competition from lab-grown stones
Falling prices for lab-grown diamonds and their resulting rise in market share are transforming India’s diamond jewellery market and prompting jewellers to take proactive measures.
Today
Ethiopia opens first gold refinery to serve region
Ethiopia has inaugurated its first gold refinery, a $50 million joint venture that the government hopes will establish the country as a regional hub for precious metals processing, Prime Minister Abiy Ahmed announced over the weekend, according to Reuters...
Today
Anglo American bets R11.2B on South African mining's future
Anglo American has reaffirmed South Africa's potential as a premier mining investment destination, even as the company commits R11.2 billion ($677 million) to an ultra-high dense media separation iron-ore project at Sishen in the Northern...
Today
Nornickel forecasts $4 billion in precious metals revenue for 2026 - report
A senior Nornickel representative noted that the company expects to generate $4 billion in revenue from precious metals sales this year.
Today
Russia to build first permanent REM magnet plant
In 2028, Russia is set to start the construction of its first plant for manufacturing permanent magnets from rare-earth metals (REM) in the city of Glazov, to be commissioned in 2029 with an initial capacity of 500 tonnes per year, said Andrey...
Today
Diamonds’ Universal Grading System Is Becoming Less Universal
03 october 2025
(nytimes.com) - The jewelry industry’s most respected gemological authority has announced a change in how it will evaluate lab-grown gems. A certain type of engagement ring seems to have reached peak popularity. It features a diamond center stone, often oval, that might be as large as three carats and is exceptionally bright, white and sparkly.
Lab-Grown Gems Are Robbing Botswana of Its Diamond Riches
26 september 2025
(bloomberg.com) - Across Botswana, the lines of patients outside government clinics are lengthening, construction companies dependent on state jobs are firing workers, and university students are threatening to boycott lectures after not getting the allowance increases they were promised.
Making diamonds with electron radiation
19 september 2025
(phys.org) - There are various ways to create artificial diamonds, but a new method developed by researchers, including those at the University of Tokyo, yields some extra benefits. By specially preparing samples for conversion to diamond by means of an electron beam, the team found their method can be used to protect organic samples from the damage usually caused by such a beam.
Angola goes for it to boost diamond production
12 september 2025
(miningmx.com) - Angola is making good progress on its ambition to become one of the world’s top three diamond producing nations by 2027 according to two South African diamond experts – geologist John Bristow and mining engineer Theo Botoulas.
Echoes of the ’80s? Gold Prices and Inflation Then and Now
05 september 2025
(lbma.org.uk) - Gold prices have been on an uptrend since the fourth quarter of 2022 with the rally accelerating appreciably from the first quarter of 2024 onwards and making a series of record highs in nominal terms in the process. Up until recently, price pullbacks, while sometimes sharp, have been short-lived.
