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
Gareth Penny: “The Bounce Back in Rough Prices Will be Dramatic”
29 june 2009
Is De Beers in financial trouble? Will DTC box discounting become a permanent feature? Will it now resort to tendering and selling rough to Arab sheikhs? These are but a few of the wide range of questions posed in an exclusive interview with the Managing Director of De Beers Group of Companies, Gareth Penny, at the company’s London offices. (Part 1)
Some Hints for Diamond Buyers
26 june 2009
Purchasing diamond jewelry is not just a trivial act of paying money for a jewelry piece which caught your fancy, but an event which requires a certain kind of preliminary preparation on the buyer’s part. So what should we know before visiting a jewelry store to make a purchase? The Rough&Polished correspondent addressed this question to the experts of the Antwerp World Diamond Center.
Tiffany Seeks to Break Down Some Barriers with Sterling Silver
25 june 2009
When Tiffany & Co. swung open its massive stainless steel doors at Yorkdale on Friday, it was battling a myth that Tiffany is only for the rich and famous. Expansive windows and a warm, gracious interior are aimed at breaking the psychological barrier. So, too, is the new charm bar, where sterling silver charms priced from $65 are displayed in the open air, not locked under glass. The Yorkdale store is among the first of Tiffany's 200 stores in 21 countries to try the concept.
Golden Globes
24 june 2009
Contemporary jewelry is more about ideas than the flaunting of wealth. Through the centuries, people have worn jewelry to depict status, wealth and identity. Now there is another reason. Contemporary jewelry, the kind that is fought over by passionate collectors, focuses as much on intellectual inquiry and the telling of stories as it does on the exploration of materials and techniques.
Bridal Business Remains Solid at Harry Winston
23 june 2009
In this 28th installment in a series on the world's high-end brands, Yomiuri Shimbun staff writer Yoko Tanimoto interviewed Thomas O'Neill, Harry Winston chief executive officer (CEO), at the firm's head office in New York, to ask him about the brand's attraction. A New York native, O'Neill holds a PhD in international business, economics and business history from McGill University in Canada. He assumed his current position in 2004, after serving in senior executive positions at Tiffany & Co. and LVMH Fashion Group, Americas. He is also president of Harry Winston Diamond Corporation, which owns 100 percent of the shares in Harry Winston.
