Ghana sets 2030 deadline to end raw mineral exports

Ghana's President John Mahama has set a target to halt all exports of unprocessed minerals by the end of the decade, as the West African nation seeks to capture more economic value from its natural resources, African Business has reported.

Today

A rare 9-carat pink diamond goes on display after 100 years of its theft

A rare nine-carat pink diamond, stolen from a French château nearly 100 years ago, has been unveiled to the public for the first time.

Today

Huayou Cobalt secures 50% interest in Ghana’s Ewoyaa Lithium Project

Atlantic Lithium has completed a novation agreement between Elevra Lithium and Zhejiang Huayou Cobalt, transferring Elevra’s rights and interests in the Ewoyaa Lithium Project and the broader Ghana portfolio to Huayou.

Today

Russian government greenlights Digital Mine platform for mining enterprises

A new Digital Mine platform will be implemented at Russian mining enterprises by the government, in collaboration with the Agency for Strategic Initiatives (ASI), as per executive order issued by president Vladimir Putin.

Today

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

Jewelry Ethics

30 july 2008

Jewelry ethics remains one of the “hottest” trends in 2008. To make it conspicuous, the organizers of JCK Las Vegas invited rap mogul and philanthropist Russell Simmons to render the opening address. Simmons personifies the moderate wing of proponents belonging to the jewelry ethics movement.

Zoo Diamonds

29 july 2008

Probably every second inhabitant of this planet has a pet. Every day people buy for them cages, mats, coats and toys. However, there are such masters of domestic animals for whom luxury and style are becoming part and parcel of their lives and now even their pets experience all the delights of modern fashion turning into owners of multi-million-worth accessories.

Financial Reporting

23 july 2008

Bulgari Group reported its net profit fell 4.6% to 22.8 million euros (USD 35.5 million) in the first quarter of 2008 due to increased operating costs and weak sales in Italy and America.

Chocolate Gold

22 july 2008

Yuvelirnaya Set 585 together with international corporation Nestle has launched a tentative marketing action in the field of cross-promotion: any buyer purchasing jewelry will receive a box of chocolate candies “Golden Peak.” Stores belonging to the 585 network were chosen as a site for this experiment.

Reports and Plans

21 july 2008

In 2008, OAO Krastsvetmet will bring into operation a line producing hollow jewelry, says the quarterly report on the company’s activities in the first quarter of 2008. This will permit to widen and renew the jewelry product range and to increase sales to a significant extent.