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Expert reports
03.07.2009
Watch batteries can help keep your business ticking
Think there's no money in watch batteries? Wal-Mart Supercenters changed 18 million batteries last year, sources say. At a wholesale cost of roughly 40 cents apiece, charging $4.24 retail for each battery delivers a gross profit of $69 million.
02.07.2009
Chinese exports could crush fragile markets
The argument for a stronger renminbi is even more compelling as a result of these changes. Chinese low-cost producers compete more directly with producers in emerging economies, increasing the risks of factory closures and job losses. Moreover, many governments in the emerging markets do not have sufficient fiscal resources to pay unemployment benefits or to fund economic reform.
01.07.2009
When Cartier Was Just for the Likes of Liz
Carriage-trade luxury went south a while ago, and with it went the carriage trade itself, says the New York Times. On the way out, it passed a new class of people who — although they might never be able to afford an apartment at 740 Park Avenue or a summer place in Dark Harbor — had acquired both the ability and the hankering to purchase themselves little nothings from Vuitton, Chanel or Dior. And thus, even in a recession, the client most crucial to luxury goods purveyors is no longer a Rockefeller but a Real Housewife of New York. |
News
03.07.2009
A-Cap Resources to commission Botswana uranium project in 2011
A-Cap Resources says it is planning to commission its uranium project in Letlhakane, Botswana in 2011
02.07.2009
Gokhran to buy 12 billion rubles worth of rough from ALROSA in 2009
Gokhran is planning to buyout rough diamond from AK ALROSA fro the total amount of 12 billion rubles in 2009
02.07.2009
Diamond juniors listings suspended on JSE
The Johannesburg Stock Exchange (JSE) suspended the listings of two South African junior miners after they failed to comply with the listing requirements of the bourse
02.07.2009
Thabex sells stake in Angel Diamonds to UK firm
South African explorer Thabex says it would sell 9, 33 percent of its interest in Lesotho-based diamond-miner, Angel Diamonds, to UK diamond exploration company, Mantle Diamonds
02.07.2009
Rise in Jewelry for Investment despite Global Crisis
Despite the decline in world wealth due to the global financial crisis and blows to diamond and fine jewelry industries, rich individuals have increased their purchases of jewelry, gems, and fine watches as an avenue for investment
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Exclusive
29.06.2009
Alex Fray: “A transparent market will enable a fair value price to be reached”
AnalyticsComeback to Global Monopoly as a Means to Overcome Crisis
Is a merger between De Beers and ALROSA possible? Something is Wrong with the Kimberley Process
Ian Smillie, one of the architects of the Kimberley Process (KP) has announced he is leaving the management of Partnership Africa-Canada, a non-governmental organization (NGO). We shall eagerly agree with the disappointed Ian Smillie that the KP has turned out to be inefficient in attaining its declared goals. Since this sorrowful situation has been no secret for quite a long time it would be curious to find an answer to the question – Why did this breakthrough come to Ian Smillie right now, during the unprecedented crisis on the diamond market? |
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