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

India as Litmus Paper

01 december 2008

According to RAPAPORT news agency, research firm RNCOS called the diamond and jewelry markets across India one of the fastest growing in the world, and in that country as well. Government support and highly skilled yet low cost manpower have been major drivers for the sector.

Jewelry Ethics

28 november 2008

Tiffany continues to lead the number of news breaking events, which are related to its activities in the field of jewelry business. In September, according to National Jeweler, its president Michael Kowalski spoke in the U.S. Congress on the problem of corals. The Tiffany & Co. Foundation established by the jewelry company announced the awarding of grants ranging from $500 000 to $1 250 000 to three organizations in three different U.S. cities for the restoration of parks and gardens. One of the most fashionable themes in jewelry ethics is the use of recycled precious metals and materials extracted in compliance with environmental requirements and under appropriate life and labor conditions for workers.

Arab East – Ode to Luxury

27 november 2008

(RAPAPORT) Gulf News: Dubai consumers are willing to shell out more to purchase expensive and branded jewellery. Gold is still considered a better option in terms of investment, but the aesthetic value of diamonds is gaining popularity in the maturing jewellery market. Besides, the growing segment of upscale consumers is driving diamond sales up.

Czech Renaissance

26 november 2008

Jewelry markets of the former socialist camp rarely come in the field of vision of mass media. No wonder, the JCK online’s observer Rob Bates in one of his reviews gives a link to The Prague Post, an English language weekly, telling a story about the Czech jewelry industry.

Crisis: View from Moscow

25 november 2008

If it is to judge by reports broadcast by the Russian TV channels, the global economic crisis is something happening far away, oversees. In printed media the key points are highlighted otherwise.

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