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The Jewellers' Network 2009 Directory is out!
The 2009 edition of 'the industry bible' has been published and is available for all South African members of Jewellers' Network to subscribe for free. International members can also receive free but will be charged for posting. If you haven't received your copy as yet, subscribe now. |
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> IDEX Online Research: Polished Diamond Prices Continue to Slip in January
> Global polished diamond prices softened further in January 2009, continuing a trend that began late in the third quarter of last year. Prices softened as the global recession caused consumer demand to slacken in almost all markets around the world. Average polished diamond prices declined in January by 1.9 percent compared to December 2008.
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(February 04, 2009)
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> Botswana Expects a 50% Decline in 2009 Diamond Revenues
Botswana’s diamond production declined to 32.6 million carats in 2008 compared to 33.8 million carats in 2007, shrinking 3.5 percent. Sales, however, fell 17 percent to an estimated at 28.9 million carats, according to Minister of Finance and Development Planning Baledzi Gaolathe. |
| (February 03, 2009) |
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> Diamonds About to Become Our Undoing’ Says Botswana Minister
Botswana's Minister of Minerals, Energy and Water Resources surprised many in the diamond industry in his country when he declared “Diamonds have uplifted our lives, but with the way the tide has changed they are about to become our undoing,” according to Mmegi. |
| (February 03, 2009 ) |
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> Petra to Focus on Cash-Generating Diamond Production
>Diamond miner Petra Diamonds plans to reduce its annual exploration program by some $25 million and focus its resources, instead, on the development of cash-positive producing operations. The only place Petra will continue to explore is at its Kalahari Diamonds claim in Botswana. |
(February 02, 2009) |
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>Pink Around Tourmaline Growth Tubes Results from Natural Irradiation
The by-invitation-only fine jewelry event “Salon Privé Haute Joaillerie Dubai,” will take place October 18-22, 2009 at the 5-star Madinat Jumeirah. It will offer the high-end jewelry and timepiece and offer designers and manufacturers introductions to new retail business opportunities, according to event organizers. |
(January 29, 2009) |
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> 6.6% Rise in Swatch 2008 Watch & Jewelry Sales
Swiss watch maker Swatch reported total group sales of CHF 5.966 billion in 2008, rising 4.3 percent in local currencies and 0.4 percent in Swiss Francs. Doing well in a tough economic environment, watch and jewelry sales increased 6.6 percent at constant rates and 1.8 percent in Swiss francs. |
(January 29, 2009) |
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> EU Calls for Zimbabwe Diamond Probe
The European Union called on Monday for a probe into Zimbabwe’s diamond industry, EU officials in Brussels were quoted by Reuters. The EU also added 27 individuals and 36 companies to internationally imposed sanctions because of their links to suspected human rights abuses. |
(January 26, 2009) |
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> DTC Sight 1: Reduced Supply, Shine: Christmas Sales below Expectations
U.S. diamond jewelry Christmas sales fell more than De Beers thought they would, falling 15 percent - 20 percent year-over-year, Diamond Trading Company (DTC) Managing Director Varda Shine said. One of the DTC’s responses is to reduce supply by 50 percent in the first half of the year. |
(January 22, 2009) |
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> Guide to Europe’s Top 100 Jewelry Retailers Published
Jewellers of Europe NV has published a guide to the Top 100 jewelry retailers Europe. The guide lists the retailers by size, location and type, as well as detailed information about each retailer such as what brands it carries and buyers contact details. |
(January 18, 2009) |
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