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
Can Chinese brands rescue lab-grown diamonds?
20 june 2025
(jingdaily.com) - As De Beers retreats from lab-grown diamonds, Chinese brands like Caraxy and Yasheng are doubling down — reshaping the industry's trajectory.
Diamond mining industry cracks under pressure
13 june 2025
(mining.com) - The global diamond industry is undergoing a rapid and unprecedented collapse, according to tech entrepreneur and academic Leanne Kemp, though some industry analysts argue that while the downturn is severe, it is not terminal.
Gold’s Trillion Dollar Question: Peak Achieved or New Summits Ahead?
06 june 2025
(gjepc.org) - Gold had its own Sindoor moment as it literally smashed its way through to over $3500 per ounce on 22 April 2025. This was mainly aided by Trump’s fiat on tariffs, various executive orders disrupting the global financial order, the continuing war in Ukraine, Israel’s Gaza pushback, US-Houthies skirmishes, financial, banking and economic turmoil in the world, weakening USD, the mounting US debt, stock markets decline all over the world and so on.
Diamonds are forever? Not with tariffs in the way
30 may 2025
(cnbc.com) - They might be made of the hardest material on earth, but diamonds, with their complex supply chains and expensive price tag, are particularly fragile to U.S. President Donald Trump’s aggressive tariff agenda.
Why gold is beating stocks at their own game
23 may 2025
(livewiremarkets.com) - As we entered 2025, expectations for the US economy were at their highest compared to the previous two years and there was widespread belief that strong growth and significant asset-price increases would continue in 2025.
