De Beers transfers initial BWP 1 billion contribution to Botswana’s Diamonds for Development Fund

De Beers has transferred its initial BWP 1 billion ($73 million) contribution to the Diamonds for Development Fund, marking a major milestone for the initiative designed to support Botswana’s long-term economic diversification.

Yesterday

Valterra Platinum's refined PGM output falls 41%, sales decline 27%

Valterra Platinum's refined platinum group metal (PGM) production decreased by 41% to 576,900 ounces for the third quarter ending 30 September 2026.

Yesterday

Swiss watch exports rise 11.7% in September, driven by sharp U.S. shipments increase

In September, the value of Swiss watch exports grew by 11.7% compared to the same period last year, reaching 2.226 billion Swiss francs ($2.74 billion). This marks the fourth consecutive month of growth.

Yesterday

New $1.8bn copper smelter under construction in Kazakhstan

Construction of the Aktogay copper smelter has begun in the Abai Region of eastern Kazakhstan. The $1.8 billion project is being implemented by the KAZ Minerals group.

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Anglo American appoints Anne Wade as senior independent director

Anglo American has appointed Anne Wade as senior independent director, effective immediately.

Yesterday

Blue Topaz

04 december 2008

GemClear LP, an independent laboratory licensed by the U.S. Nuclear Regulatory Commission (NRC) to test gemstones for radiation, has issued its first Exempt Distribution Certificate for mounted blue topaz to a Fifth Avenue jeweler, National Jeweler reported.

According to a release from the company, Dallas-based GemClear can verify without conflict of interest that blue topaz is in compliance with NRC standards for safe and legal levels of radiation.

Though a hot seller among consumers, blue topaz first began getting the cold shoulder from retailers in the summer of 2007, when the NRC informed the jewelry industry that only NRC-licensed companies could import and initially distribute irradiated blue topaz.

At that time, no domestic companies were licensed to do so, prompting some retailers to pull the popular stone from their store shelves, even though the NRC did not require them to do so.

Since that time, the NRC has licensed a number of companies to test blue topaz to ensure safe levels of radiation.

According to GemClear, the NRC regulations, which were revised in 2007, are designed to protect American consumers from potentially dangerous levels of residual radioactivity, though no such levels have been detected in the U.S. market, National Jeweler says inconclusion.