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.

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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.

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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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Watch Market: Demand for Inexpensive Classics

05 june 2009

Watch sales are suffering at the hands of the economic slump like the rest of the luxury market, but more modestly priced and classic timepieces are poised to hold their own better than others, industry experts say.

Frost & Sullivan: SA diamond production has further to fall

04 june 2009

An analytical report from Frost & Sullivan paints a bleak couple of years ahead for South Africa's diamond mining industry as no short to medium term pick up in demand is foreseen.

Luxury Market Trends: Hope for Obama

03 june 2009

The most recent survey of affluent consumers from Unity Marketing reveals hope for economic recovery, just not too soon.

Vogue for Tooth Jewelry

02 june 2009

Tooth jewelry has been in ever growing demand in recent years from modern fashionistas. Today not only women but men as well go in for gracing their teeth with jewelry. It is assumed that teeth jewelry, whether it is just a diamond or some tiny piece of bijou made of white or yellow gold, gives your smile additional spell.

Global currency upswing hurts miners

01 june 2009

Sharply stronger currencies in metals-producing nations is wiping out much of the benefit of higher prices for mining companies, leaving their buoyant share prices vulnerable to earnings disappointment.