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

Buying Tips for Las Vegas

29 may 2009

There seem to be two different approaches to the marketplace as many retail jewelers respond and react to today’s economic conditions. One camp is firmly set on cutting back on marketing and advertising costs and trading down in price and quality in what they sell to their customers. The second approach is the exception in today’s marketplace and refers to the retail jeweler that is going to sell more value through trading up.

Pan African maps platinum strategy

28 may 2009

Pan African Resources will spend R105m to build a plant to extract platinum group metals (pgms) from tailings it acquired from its majority shareholder Metorex in a R71m cash purchase of Phoenix Platinum.

Guild of Jewelers of Russia Held its Meeting in Moscow

27 may 2009

Last week the Guild of Jewelers of Russia held its extraordinary meeting in Moscow. According to its press-release, the situation on the Russian jewelry market in the developing global financial and economic crisis environment was the main question on the agenda.

Beating the Odds – Jeweler Reports Strong Sales Growth

26 may 2009

Harriet Kelsall is seeing steady growth at her "bespoke" jewelry business. The company designs and makes rings and dress jewelry and, despite the downturn, business is booming. "This year will be better than last. Sales in January alone were up 7 percent on the same period last year,'' she said.

Rosy Blue Group: First Corporate Social Responsibility Report to United Nations

25 may 2009

The Rosy Blue Group today celebrates the acceptance by the United Nations Global Compact Initiative of its very first Corporate Social Responsibility (CSR) report. For a company founded 45 years ago in humble beginnings, which has grown to the diamond industry's leading diamond manufacturing and marketing group, providing a livelihood to well over 10,000 people, this represents a further step forward.