News
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.
Today
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.
Today
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.
Today
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.
Today
Anglo American appoints Anne Wade as senior independent director
Anglo American has appointed Anne Wade as senior independent director, effective immediately.
Today
New NYC diamond exchange based on Israeli model
12 november 2009
A diamond exchange center is being established in Manhattan based on the Israeli model. Upon the mid-2011 completion of the building that will house the largest diamond and jewelry center in the US, Manhattan's Diamond District is expecting to be revolutionized. The building will be known as the International Gem Tower.
Is China to be the World’s Next Largest Diamond Jewelry Consumer?
11 november 2009
As the American and European jewelry markets are struggling for recovery, quite a number of market analysts turn their eyes to China saying it may become a new global jewelry hub due to the country’s growing internal consumption. Their arguments are buttressed up with proof of foreign jewelry companies branching off to China in an attempt to secure a timely foothold in the promising market. However, there are other views as well on China’s economy. Here is one for investors written by Martin Spring and posted by www.moneyweek.com., a consulting portal.
Platinum group metals set to outshine gold
10 november 2009
Platinum group metals are set to further outstrip gains in gold this year as expectations for a rise in car demand and concern over the supply outlook point to a tighter market balance for the autocatalyst materials.
Diamond trade anxiously awaits results of U.S. Christmas sales
09 november 2009
Although the recession may be officially over, consumer sentiment is low and jewellery purchases are not top of the list of priorities for much of the public. According to www.antwerpfacetsonline.be, it's not just a million-dollar question, but rather a multi-billion dollar question: what is the state of the U.S. diamond jewellery market, and what level of sales is the world likely to see in the United States this holiday season?
Design Events
06 november 2009
Anjolee added a new diamond tennis bracelet to its line of jewelry on the heels of improving its customer interface online. Shoppers may select style or setting and choose the metal type, diamond weight, diamond quality and tennis bracelet length. Options for all of Anjolee's jewelry include platinum or gold, multiple diamond carat weights and six different diamond qualities. Anjolee's website allows users to view high-resolution images of the jewelry, rotate pieces 360 degrees and download product specs.
