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
Exposed to the crisis
21 april 2009
Christie's auction house is arranging New York Spring Jewelry Sale on 22 April. The top lot of this sale is to be a D Flawless diamond weighing 30.02 carats, which is estimated at $2.5M. Last year the diamond weighing 22 carats was sold at Christie's for $3M.
Pawnbrokers Go Online
20 april 2009
After the January lull at pawnshops, in February the owners of Moscow apartments located in posh Kutuzovsky Avenue were again busy pledging their belongings. They were even not so much pledging them as virtually selling. Pawnbrokers were mainly visited by wives and mistresses of wealthy people. They were getting rid of jewelry to have straight cash right now and ready to eat great discounts.
To Save on Advertising Quality is Equal to Saving on Product Quality
17 april 2009
In a crisis period, the market needs permanent online control, but no one should ever leave out long-term goals, because this is the very time for would-be competitors to turn hyperactive in the marketing field. And those determined to attack will be awarded having strengthened their positions on the market and seeing the brands passive in advertising lose their customers’ loyalty.
Michelle Obama's earrings had a familiar sparkle
16 april 2009
No matter who they voted for, most people will never forget the historical moment on the evening of Nov. 4 when newly elected President Barack Obama walked onto a stage in Chicago's Grant Park with his wife, Michelle, and their two daughters to deliver his victory speech. For Beverly Hills, Calif.-based jewelry designer Loree Rodkin the moment was not just historical - it was also an artistic milestone.
Hollywood Puts on the Glitz for Oscar Red Carpet
15 april 2009
Style experts have noted that during times of a recession, while millions of Americans will cut back their spending and tone down displays of wealth, Hollywood’s luminaries typically look the other way, playing out their roles as movies stars and amping up the glamour, especially at awards shows.
