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.

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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...

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Why Buyers Are Spending Millions on Colored Diamonds

25 july 2025

(nytimes.com) - Alisa Moussaieff was in her London office on May 14, having lunch and bidding over the phone on a 6.24-carat deep blue diamond ring at Christie’s in Geneva. Within minutes she had won it with a $12.7 million offer, a record price per carat for a deep blue diamond and well beyond the $5.4 million low estimate.

Jewellers return to salt and pepper diamonds for a dash of individuality

18 july 2025

(ft.com) - To the uninitiated, the nomenclature of diamonds that feature inclusions can be confusing. Terms such as “salt and pepper”, “dusty” and even “Dalmatian” are used to indicate diamonds with mottled patterns or milkiness. Such stones tend to be selected more for their aesthetic value than because they are cheaper than a flawless white.

Molecular Simulations Show Graphite ‘Hijacks’ Diamond Formation Through Unexpected Crystallization Pathways

11 july 2025

(ucdavis.edu) - The graphite found in your favorite pencil could have instead been the diamond your mother always wears. What made the difference? Researchers are finding out.

Natural-Diamond Marketing: We Asked, and Boy, Did You Weigh In

04 july 2025

(rapaport.com) - Last week, a natural-diamond marketing campaign in New York City that portrayed lab-grown in a negative light got many in the trade riled up.

Younger Diamantaires Grapple With Industry’s Future

27 june 2025

(jckonline.com) - The natural diamond business should see bright days ahead, but it has to change with the times, panelists said during a session on “The Future of the Diamond Industry,” held June 11 during the World Federation of Diamond Bourses (WFDB) presidents’ meeting in New York City.