De Beers’ Botswana pink stone to fetch over $35mln

The Eternal Pink, a rare diamond that De Beers found at the Damtshaa mine in Botswana, is anticipated to sell for more than $35 million at a Sotheby's auction on June 8 in New York. The 10.57-carat diamond will be displayed in Hong Kong next week...


Applications open for UZBEK JEWELLERY AWARDS "Charming East"

The organizers of the UZBEK JEWELRY AWARDS "Charming East" announced the start of accepting applications for participation in this most prestigious jewelry competition in the republic. The aim of the competition is to recognize companies, individuals...


Oman announces tender offering of silver and gold mines for investment in 2023

The Ministry of Energy and Minerals of Oman has announced a tender offering seven mining blocks for investment in 2023, as part of Oman’s strategy to expand the mining sector and contribute to the country’s GDP, as per media reports.


Shanta boosts output, profit in 2022

Shanta Gold increased its gold production by 18% to 65 209 ounces (oz) at the end of the 2022 fiscal year as all three of the company's properties registered significant operational growth.


WPIC Report: Platinum requirement for green hydrogen projects with PEM electrolysers would total over 2.7 Moz by 2030

The installed production capacity for green hydrogen is doubling every two years, as are plans for new production capacity. By the latter half of the 2030s, it is estimated that hydrogen-related demand for platinum could equate to a third of all annual...


Will the watch industry say I do to lab-grown diamonds?

13 march 2023

( - As more watch brands embrace the alchemy of diamonds grown in a laboratory, Robin Swithinbank says the value and romance deficit in a man-made gemstone will have luxury buyers digging in the dirt. If you’ve come across the illusory truth effect, you’ll recognise the theory that the more familiar we become with a false idea the less likely we are to believe it’s wrong. Framed in 1977 by researchers at the Villanova and Temple Universities in Pennsylvania, it suggests that even if, at first, we are inclined to see a falsehood in a statement, upon hearing it several more times, we will steadily become inured to it. How susceptible we are depends on our gullible gene. Actually, it doesn’t. But you get the point.