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

Diamond Industry Having a Rough Time

20 march 2009

It wouldn't be fitting to mount a barrage of "sale" and "special offer" signs in the windows of jewellers crowded into Antwerp's diamond square mile, Reuter says. But traders, cutters and retailers say business is terrible.

Hong Kong International Jewellery Show 2009

19 march 2009

The 2009 Hong Kong International Jewellery Show was held from 4-8 March 2009 at the city-centre Hong Kong Convention and Exhibition Centre. According to the press-release of the organizer of the annual fair this year more than 2,300 exhibitors from 46 countries and regions took part in the 26th annual HKTDC Hong Kong International Jewellery Show.

Glad Tidings of Hong Kong?

18 march 2009

While the recent drop in the list prices of SI goods may have been prompted by the rapidly deteriorating diamond markets in other countries, in Hong Kong, SI goods were moving well, according to Rapaport. Those who were buying these goods, the agency says, were, of course, not happy that their purchases had gone down in value because of market conditions on the other side of the world.

Prices for Gold Jewelry on the Rise in Europe

17 march 2009

Under the global financial and economic crisis, prices for gold jewelry have been literally blown up in Switzerland and Germany. According to the French mass media, they shot up more than 500% compared to the last quarter of 2008!

Star Marketing

16 march 2009

The beginning of the year in the United States is highlighted by a long row of ceremonies in the world of music and cinema. Traditionally, this period is used by the Diamond Information Center and many jewelry companies for jewelry promotion. In the run-up to major events of the coming season DIC organizes a preliminary diamond show for celebrities and their stylists. As is reported, this year there was $45 million worth of diamond jewelry on display.