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
Diamonds are a Committed Man's Best Friend
14 april 2009
Men in some European countries have worn engagement bands for years, but the trend is just starting to catch on in the U.S. More women want to mark their boyfriends as taken during the engagement period, and men want an equal piece of the prenuptial lovefest.
Promotion of Palladium
13 april 2009
It's purely a matter of time: Palladium fashion jewelry will be the next designer darling. Despite reluctance from jewelers who fear consumers are too unfamiliar with the 95 percent pure metal, the consensus (even from retailers) is that throughout this year, designers will drive the category beyond bridal and men's, where it has slowly been gaining converts over the past several years.
New Pathway of Development
10 april 2009
In 2008, the Russian jewelry retail market capacity increased by 15% exceeding the mark of $5 billion. However, general stagnation of consumer demand in the crisis environment in 2009 may cause growth rate flattening. In experts’ opinion, diamond-graced gold jewelry is expected to experience the deepest slump in sales (about 20%).
All That Glitters
09 april 2009
If this season's New York Fashion Week jewelry could talk, it probably wouldn't stop saying "look at me." Statement baubles, cuffs and earrings (that wrap around the ear rather than pierce it) have all played roles in enhancing the moody looks strutting down runways at Bryant Park and beyond.
Engagement Jewelry
08 april 2009
Brides.com released the results of its 2009 "American Wedding Study," which reported that the average cost of an engagement ring is now $6,348, a 43 percent jump from the survey taken in 2006. The average price for a pair of wedding bands has fallen 24 percent since 2006 to $1,575.
