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
Prices for diamond jewelry in 2009
25 february 2009
As Zale prepares to report the worst holiday profits in the company's history, it becomes clear that mid-market jewelers must reinvent their profit model in order to survive, says Nicholas White, President of White & Co. in his analysis posted on the GLG portal..
Gold Demand Trends
24 february 2009
As the SPDR® Gold fund tops 1,000 tonnes, the World Gold Council releases its quarterly market statistics, the Mineweb portal informs noting that the fourth quarter demand in ETFs and similar products was $2.4 billion - and in the first six weeks of this year it has been running at seven times that amount.
How to Protect a Fortune Scrambled for Your Living
20 february 2009
With the financial crisis in the doorway, holdups and thefts of jewelry from people’s flats are on a sharp rise across Russia – from Magadan to Kaliningrad. It is proved by practice that the least exposed to burglary are those who take care to protect their property in advance.
Of African “Traditional Leaders” and Mining Licenses
19 february 2009
Although often overlooked by mining companies, and most international development organizations, chiefs and other traditional leaders (kings) still wield considerable power in many African countries — despite the rise of elected governments, bureaucracies, and other apparatus of the post-colonial state.
Diamond Cutting Business under Economic Crisis
18 february 2009
Lately, cluster-based economic development is turning into an alternative strategy in the regional policy of
