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.
Yesterday
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.
Yesterday
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.
Yesterday
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.
Yesterday
Anglo American appoints Anne Wade as senior independent director
Anglo American has appointed Anne Wade as senior independent director, effective immediately.
Yesterday
Re-Slicing the Advertising Pie
19 december 2008
The results of the surveys performed in Russia by such companies as TNS Gallup AdFact, ESPAR-Analytic and RosYuvelirExpert (monitoring of outdoor advertising, national TV channels, radio stations, national and industry publications on the results of the third quarter of 2008 compared with one year ago) give grounds to anticipate a change in the attitude of advertisers towards advertising in crisis environment.
Asian Market: Treacherous Weather
18 december 2008
Gold sales have picked up phenomenally after a fall in prices to the INR 12,000-level ($240.50), a study by the All India Gems and Jewellery Trade Federation (GJF) revealed, according to the report of Press Trust of India and RAPAPORT posted on www.diamonds.net. The consistent steep decline in equity markets has boosted the demand for the yellow metal as a safe investment, the report says. Nevertheless, signs of crisis on the Indian jewelry market have been identified by the local Economic Times daily.
Private Investments: Which are More Reliable?
17 december 2008
From the very start of the crisis, many people have already become used to buy gold as an investment, but this applies to bullions or coins in the first place, which are now difficult to get from banks due to pressing demand, the Interfax news agency says. Diamonds of one carat and above may well be considered as investment stones. According to the Grace Group of Companies’ spokesman, it were big certified gems that lately pushed the demand upwards.
Diamonds for Love to Warm Up Love for Diamonds
16 december 2008
De Beers, which earlier decided to cut its expenses for the pre-holiday advertising campaign, has changed its mind. Now they will double their expenses. De Beers external and corporate affairs director Stephen Lussier in an interview to www.jckonline.com explained the decision was based on the results of their October research on consumer habits.
Advertising: The Art of Enticement
15 december 2008
The coming holiday season and economic crisis as well as the Christmas advertising campaign kicked off by De Beers generated a series of publications dedicated to advertising of jewelry companies and commodities. Although experts are critical of jewelry marketers for their commonality and dullness in advertising, some jewelry companies are displaying off-beat advertising approaches.
