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
Wedding Industry and “Two Month Salary Rule”
07 may 2009
A recent survey found that despite the economic situation, U.S. brides and grooms to be are not cutting back on their wedding budgets, instead they are shifting their expenses to long lasting items such as honeymoon, photography and the engagement ring.
China is in the Limelight
06 may 2009
While the developed world tightens its belts and focuses spending on daily necessities, the big luxury companies are looking to China's new rich to buy their jewelry, clothes and bags, says Rapaport in a commentary with reference to Xinhua.
Global Crisis and Diamond Mining
05 may 2009
After many years of growth there was a slump in diamond output and diamond prices which may continue until the situation on the world financial market is completely restored. In this context there may be two ways of development in the world diamond business. According to a positive scenario, diamond output and parity between demand and supply will be restored by 2010. A negative scenario suggests a deeper type of recession and slow recovery of the diamond market by 2013-2015.
Jewelry Market Trends
04 may 2009
According to a Jewelry Consumer Opinion Council (JCOC) study conducted among consumers at the end of March, the average American does not intend to splurge on fine jewelry any time soon. To the question as to when they expect to start purchasing non-essential products and services again, the sobering responses were as follows: 55% - no idea; 16% - more than one year; 10% - within 6 months; 9% - within 12 months.
Developing the Habit of Selling
30 april 2009
I’ve heard and read many times the “I’m not the selling type personality, I don’t have the character” argument. I thought that of myself actually. I was even so childish to think that yes, I could make great jewels, but I would never sell them or live from it. I was so wrong!
