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
Rethinking Luxury
12 august 2009
Under this title JCKonline analyst Rob Bates published an article on post-crisis consumer attitude towards luxury, which triggered quite an avalanche of comments.
Diamond firms take a kicking
11 august 2009
Mid-tier diamond producers are unstinting in their praise for the actions of De Beers and Alrosa for their actions in withholding diamonds from the market when demand collapsed, dragging prices down by half in less than a year.
A Trend toward Stabilization
10 august 2009
Has the peak of the global financial and economic crisis passed and can we speak of a starting stabilization in the diamond business? These questions have already received initial encouraging answers from both diamond miners as well as diamond dealers.
1H 2009 Results: BHP Billiton and Rio Tinto
07 august 2009
BHP Billiton and Rio Tinto were the first two major diamond miners to post their results in the first six months of 2009. Their business diversification and structural identity permit to display their performance indicators in one pattern. BHP and Rio Tinto are significantly lagging behind their main competitors, ALROSA and De Beers, in their financial results and physical output of rough diamonds.
1H 2009 Results: De Beers
06 august 2009
In 2009, the De Beers Group’s output will drop by about 50%, which will result in losing its leader’s position to ALROSA in physical terms.
