Research and Markets has announced the addition of the “Worldwide Jewelry Market Demand and Opportunities” report to their offering. The report covers global gems and jewelry industry structure, market size, trends and opportunities prevailing. In terms of geography the publisher has discussed United States, which accounts for the largest percentage of the market, European Union [...]
Reports: Robert Mugabe Threatens to Bypass Kimberley Process: “We Can Sell Our Diamonds Our Way”
“We can sell our diamonds our own way,” Zimbabwean President Robert Mugabe told a trade and tourism fare held in Harare, according to local media reports. “We are trying to play their way, but we could go outside the KP system and do it otherwise,” Mugabe, is reported to have told journalists. The declaration comes [...]
Fashion Designer Betsey Johnson Unveils $3 Million Chambord Black Raspberry Liqueur Bottle Covered in Diamonds, Gold and Pearls at Mercedes-Benz Fashion Week
Security was tight at the W Hotels Arrival Lounge at Mercedes-Benz Fashion Week in New York where iconic fashion designer Betsey Johnson unveiled for the first time in the U.S. arguably the world’s most expensive spirits container: a Chambord bottle fashioned with $3 million worth of diamonds, gold and pearls. Designed by international jeweler Donald [...]
Ultra Diamonds Dazzles Up In-Store Background Music by Selecting Trusonic
UltraDiamonds.com, one of the nation’s top jewelry retailers, will deploy Fluid Music Canada’s Trusonic, Inc.’s in-store music solution to some of their locations. Consistent with Ultra Diamonds‘ mission of Making Luxury Affordable, a customized playlist comprised of Trusonic’s directly licensed artists will be programmed to augment Ultra’s in-store environment. Trusonic’s leading-edge Internet-connected media player enables [...]
Mountain Lake Appoints Robert Harris to the Board
Mountain Lake Resources Inc. (TSX-V: MOA) has announced the appointment of Robert Harris, P. Eng., to the Board of Directors. Mr. Harris brings over 20 years of experience in project evaluation, feasibility and development to the company. He began his career with Gulf Canada Resources Inc as a process engineer after which he held senior [...]
New SWOT Framework Analysis on Zale Corporation
Research and Markets has added the “Zale Corporation – SWOT Framework Analysis” report to their offering. SWOT Analysis, is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the [...]
De Beers Canada Holds Recruiting Drive for Snap Lake Diamond Mine
De Beers Canada is holding a recruiting drive for the Snap Lake diamond mine in the Northwest Territories of Canada. De Beers has jobs for underground miners, heavy duty mechanics, welders, warehouse personnel, food services and housekeeping positions and more. Some of the positions are for trainees. De Beers is holding recruiting fairs in the [...]
Ingle & Rhode Comment On Controversy Surrounding The Kimberley Process
Ingle & Rhode, the UK’s principal retailer of ethical jewellery and custom engagement rings produced using conflict-free diamonds and fair trade gold, comment on the recent resignation of Martin Rapaport from the World Diamond Council over the current state of the Kimberley Certification process. The Kimberley Process Certification Scheme (KP) was an agreement reached in [...]
Rio Tinto Diamond Operations Incure Losses of $68 Million in 2009; Saw Earnings of $137 Million in 2008
Rio Tinto Diamonds’ diamonds operations incurred a loss of $68 million in 2009, compared with earnings of $137 million in 2008. Lower prices and lower volumes as a result of the global economic slowdown were the main cause. Measures were taken to redress this performance including shutdowns at Argyle and Diavik to balance production with [...]
Anglo American Supports De Beers’ $1 Billion Rights Issue
Anglo American plc has undertaken to subscribe in full to its entitlement to the $1 billion rights issue announced today by its 45% owned associate company, De Beers. Anglo American will invest $450 million in equity as part of a commitment by each of the three shareholders in De Beers to pro rata equity contributions. [...]
Auction of Large Rough Diamonds (10.8 Carats and Up) to Take Place March 16 in Russia
There will be a public auction of special size rough diamonds weighing 10.8 carats or more at the Gokhran in Russia on March 16, 2010. In order to take part in the bidding, a company must submit an application in writing by February 26, 2010, and pay a deposit on 30,000 Russian Rubles.
De Beers 2009 Sales: $3.84 Billion; Company Positioned to Benefit from Market Upturn
In line with most products in the luxury goods sector, the diamond industry was severely affected in 2009 by the global recession. The combination of three principal factors – high stock levels throughout the diamond pipeline, constricted liquidity in the industry, and lower levels of retail and consumer demand – led to substantially lower demand [...]