Expert reports
08.09.2010
Leave precious coral where it belongs
Inspiration for jewelry and fashion design comes from many different places and influences, but perhaps no influence is as universal as the natural world around us, writes Temple St. Clair, a New York City-based jewelry designer who speaks out on humanitarian and environmental issues, in the National Jeweler.
07.09.2010
It’s a man’s world: jewellery and the new masculinity
What are the reasons that men are buying themselves increasing amounts of jewellery? A new survey attempts to discover the reasons.
06.09.2010
India's polished diamonds exports leap
India has emerged as a strong contender in the global gems and jewellery market despite the world-wide recession and its related setbacks. Demand revival from the traditional markets of the US and Europe is set to spur export growth, ensuring that the value of exports of gems and jewellery expands by around 25% this year.
News
08.09.2010
De Beers to reach around 40 mln carats production in 2011, repay loans
De Beers is likely to achieve stable production next year and begin repaying shareholder loans while it considers approaches from financial institutions to set up an investment instrument using diamonds.
08.09.2010
Gem Diamonds recovers a huge rough white stone in Lesotho
Gem Diamonds has recovered an “execeptional” 196 carat rough white diamond at its 70-percent owned Letšeng mine, in Lesotho.
08.09.2010
Botswana July diamond exports retreats by 56 pc - bank
Bank of Botswana say the country’s rough and polished diamond exports retreated by 56 percent to $126.1 million in July this year.
08.09.2010
ACR Files Court Action Against Mpofu
African Consolidated Resources (ACR), the junior diamond mining company at odds with Zimbabwe over Marange diamond claims, reportedly filed a court action against mines minister Obert Mpofu for allowing the sale of rough diamonds.
08.09.2010
ALMAZ HOLDING unveils new jewellery collection
New jewellery collection has been recently presented in signature stores of ALMAZ HOLDING, named “Dream.”
Exclusive
06.09.2010
“Diamonds Looking Forward to the Chindia Decades”
The recently ended annual Botswana Resource Sector Conference, which was convened in the capital, Gaborone, saw several speakers making presentations on diamond mining and other mining sectors. Among the speakers was James Allan, the director of a corporate finance firm, Allan Hochreiter. In his presentation, Allan estimated that diamond prices will return to 2008 levels by end of 2010 owing to the global economic recovery and strong demand from emerging markets such as China and India. He also said that the two Asian countries will be major players in the diamond market in the next two decades. Rough & Polished’s Mathew Nyaungwa caught up with Allan on the sidelines of the conference to find out more on his presentation. Below are the excerpts.Analytics
Franchising, a Life Saving Buoy
For a long time already jewelry franchising has been a sought-after pattern of doing business in the jewelry industry of China. The global financial business has turned this model even more popular as franchising gives a chance to lower bankruptcy risks for newly established businesses and reduce start-up investments. However, if earlier jewelry brands were frantically promoting their franchise opportunities, now facing the recession they one after another are seeking shelter under the umbrella of larger industry players.
Diamond producing countries seek predictable market conditions
Evolution of relationships between De Beers and the Government of Botswana is one of the most intriguing subjects being topical at the diamond market in 2010. Current agreements regulating distribution of diamonds produced by Debswana being a 50/50 joint venture of De Beers and the Government of Botswana and the country’s major diamond miner will expire by the end of the year. According to ongoing agreements, all Debswana production is distributed to 16 sightholders through Diamond Trading Company Botswana (DTCB) equally owned by De Beers and Botswana.
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