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
Hard Times For Luxury, But They'll Have a Go
22 may 2009
As New Yorkers try to slash even the smallest splurges from their budgets, it would seem like a difficult time to try to persuade them to buy a $22,000 pair of 17-carat diamond-encrusted hoop earrings. In fact, Dalyah Duek-Flaks acknowledges that opening her new Madison Avenue diamond store, Dalyah, is about as well-timed as opening a cake shop on the eve of the French Revolution.
Tiffany Moderating, but not Stopping Growth in 2009
21 may 2009
Iconic jeweler Tiffany and Co. plans to open 13 stores this year despite bleary economic conditions, its latest filing with the Securities and Exchange Commission (SEC) shows.
Inflation Expectations and the Price of Gold
20 may 2009
From a long-term perspective, gold is a bargain at recent prices in the $900 to $930 an ounce . . . and will remain so even as it begins to move into a higher trading range, says Jeffrey Nichols, Managing Director of American Precious Metals Advisors and one of the world’s top experts in the economics and finance of precious metals.
Color trend caters to self-purchasers
19 may 2009
Though diamonds may be a girl's best friend, they're not necessarily the go-to designs for women buying for themselves.
Rough diamond prices recover
18 may 2009
Rough diamond prices have bottomed but a sustained recovery in the diamond sector is not likely until demand for polished diamonds from the jewellery market gets going.
