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
Following steep decline, is Botswana’s recovery underway?
19 august 2009
Has Botswana – the world's largest diamond producer by value – turned the corner as far as the slump in diamond sales is concerned? Mounting evidence of rising demand and prices for rough diamonds in global markets is no doubt being received with sighs of relief in government circles in Botswana.
Green shoots or simply weeds?
18 august 2009
Against the ongoing uncertainty about the state of global economy, what should be the actions of members of the diamond industry? Here is the opinion of Mr. Kaushik Mehta, Chairman of Eurostar Diamond Traders and Vice President of the Antwerp World Diamond Centre (AWDC).
The Pipe of Peace will be Smoked Again
17 august 2009
After Yury Khabardin, Yekaterina Yelagina and Victor Avdeyenko, geologists of the Amakinsk Expedition, discovered the Mir Diamond Pipe strip mining for diamonds started there from 1957 and continued up to 2001, when efficient development of the quarry came to the end of tether. This year Russian diamond miner ALROSA putting its underground mine into operation indends to continue the development of the Mir Pipe.
Cartier Reaches Out to the Next Generation of Shopper
14 august 2009
Cartier, the French-founded luxury company participated in a program that had business- and design-school students evaluating the jeweler and making suggestions to court a new generation of customers.
Weak Economy Continues to Worry U.S. Consumers
13 august 2009
Consumers still do not feel positive about the state of the U.S. economy. In the latest monthly poll by the Conference Board, the Consumer Confidence Index™ for June stood at 49.3 points, calculated from a baseline of 100 points set in 1985.
