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
Diamonds and oil are more trouble than they are worth
09 september 2009
In his book "False Economy - A Surprising Economic History of the World" Alan Beattie, the trade editor of the Financial Times, is trying to prove that many countries being apparently blessed with lucky gifts of rare and precious minerals, also find themselves worse off for having found them.
Jewelry and its Value
08 september 2009
Jewelry is one of those goods whose sales were less affected by the global financial and economic crisis. This is confirmed by the achievements of auction trade which according to Christie’s Amsterdam branch enjoys more success than in the pre-crisis period. Buyers display keen demand for fine jewelry in all the price ranges.
How toxic finance created an unstable world
07 september 2009
“Two years on, what do we know about the global financial crisis? We still lack a conclusive theory, but we know a lot more than we did in August 2007. We know, for example, that simple monocausal explanations are at best insufficient and most likely paranoid and lazy. If you still blame Alan Greenspan, former chairman of the Federal Reserve, or central bankers in general, you have not got it,” Wolfgang Münchau writes in the Financial Times.
Indian Jewelry Stars among Western Celebs
04 september 2009
Earlier it was already reported that the United States fell over jewelry pieces made in tune with the traditional Indian style. It was noted that their popularity was boosted by the Oscar-winning movie, The Slumdog Millionaire, as well as by the fancy taken by many Americans in the Indian culture and spiritual practices. The U.S. consumers’ urge to invest into jewelry pieces of significance plays an important role in the process and Indian-style jewelry are highly valued.
Jewelers - Target Female Self-Purchasers
03 september 2009
The model family of the 1950s, Dad is the sole earner and Mom is at home cooking three hot meals a day, is hard to be found in the U.S. these days. In this multi-part series, we are looking at what this means for jewelers. The good news: more women than ever before work outside of the home and now have the discretionary income to buy jewelry for themselves. The opportunity: self-purchasers.
