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.

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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.

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Promoting Precious Metals

30 september 2009

Lately a series of events pointed to mounting efforts to promote precious metals to the market, including in particular silver, platinum and palladium.

18 “Anti-Laws of Marketing”

29 september 2009

Luxury goods manufacturers are being advised to rip up the marketing rule book and embrace their heritage, prestige and brand cachet if they are to overcome a second consecutive year of sales declines. In order to survive, luxury brands are being told to throw away their conventional, tried-and-tested marketing principles such as the "customer is always right." Professor Jean-Noel Kapferer and Vincent Bastien, authors of The Luxury Strategy, assert that the surest way to fail in the luxury business is to use such standard marketing techniques. They propose 18 "anti-laws of marketing," which they insist high-end brands should follow instead of upholding the status quo.

Diamond World Authored First Online Directory for the Gem and Jewelry Industry of India

28 september 2009

In August, Diamond World launched an upgraded system to reach jewelers, diamond and color stone suppliers.

3D-Gold Jewellery: New Store Image

25 september 2009

3D-Gold Jewellery, the jewellery brand of China Gold Silver Company Limited, a subsidiary of Hong Kong Resources Holdings Company Limited (The Group), unveiled the new image of its store and new product series at the 2009 Shenzhen International Jewellery Fair. Apart from the pure gold or K gold jewellery pieces and ornaments, the new product series has a better proportion of diamonds, pearls, jade, ruby and sapphire to attract new customers. The Group will also strive to develop franchise business to quickly expand its retail business coverage.

JA New York Jewelry Show Draws Increased Interest

24 september 2009

Jewelers of America (JA) hosts their annual "Summer Show" in New York's Javits Center.  Several hundred jewelry exhibitors are participating, including international pavilions from Hong Kong, Italy, Thailand, India, Brazil and Korea.  As the Las Vegas "Couture Show" is presented by JA as well, this New York Show also featured a Couture Pavilion containing those fine jewelry designers and manufacturers.