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.

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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.

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Anglo American appoints Anne Wade as senior independent director

Anglo American has appointed Anne Wade as senior independent director, effective immediately.

Today

Jewelers and Celebrities

07 april 2009

In the run-up to the Oscar Awards ceremony some of the mass media published an article circulated by the Associated Press and dedicated to jewelers’ contest on the Oscar red carpet.

International Jewelry Market

06 april 2009

The battering of luxury is having far-reaching effects. The luxury-goods industry had, in recent years, reaped rewards from widening its base of customers to the merely well-off. But in broadening their appeal, businesses have come to rely on consumers who are more sensitive to ill economic winds.

JUNWEX Petersburg 2009: Sellers about Buyers

03 april 2009

The analysts of the RosYuvelirExpert Agency made a traditional questionnaire survey of jewelry experts who visited the JUNWEX Petersburg 2009 Exhibition, the Economica i Vremya Weekly says. The poll blanketed 530 respondents embracing virtually every Russian province. The questions were mainly related to the results of the year passed, outlooks and specifics of jewelry sales in the crisis period.

JUNWEX Petersburg 2009: Buyers about Sellers

02 april 2009

The exhibitions held in Saint Petersburg in the beginning of 2009 produced an unexpected result. For instance, exponents brought whole sacks of jewelry to the JUNWEX Petersburg Jewelry Show. Initially they were brought as samples for wholesale buyers and then just for retail sales. To industry people in the pavilions, it seemed that there was no crisis visible in Russia: it was a rare occasion when people bought diamond and topaz rings so briskly…

Industry forecast 2009: Fashion

01 april 2009

It's difficult to discuss fashion these days without the conversation taking a sharp turn toward a much less exhilarating yet equally timely topic: the state of the economy. Especially when it comes to those oh-so-flighty trends that set down and alight as quickly as the seasons turn, retailers can't help but consider the competing tugs on consumers' pocketbooks as they decide which merchandise will be stylish and salable enough to make the grade in their stores.