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
New Vogue of the Rich: Frugal and Shy
04 march 2009
Pam Danziger, president of Unity Marketing: "Specific changes they are making to their lifestyle, according to our latest survey, are reducing the times they dine out, and [they are] shopping less frequently. Affluent shoppers are showing a new frugality that may well become a habit once this recession ends."
Russia’s Output of Precious Metals Sharply Increased
03 march 2009
Whereas the world’s gold output dropped by 4% in 2008,
Four Formulas to Invest in Gold
02 march 2009
In the environment of global economic and financial crisis, heavyweight investors in Western countries turn to the so-called safe-haven vehicles, which for instance include real property or precious metals, gold in particular.
Five Steps for Handling Indecisive Customers
27 february 2009
Helping indecisive customers deal with their indecision is an essential jewelry selling skill. And like anything you want to do well, it will take a lot of practice and repetition to do it well.
A De Beers Nightmare: the Diamond 'Overhang'
26 february 2009
The real fear of the diamond cartel is not just that retail prices will decline - it has managed that problem before - but that the public will begin to sell its hoard of diamonds, or what is called at De Beers "the overhang."
