ALROSA to revise output plan at its International underground mine due to stricter health and safety policy

ALROSA's management decided to revise output plan at its International underground mine as the company toughens its approach to health and safety management, though its 2018 production plan remains unchanged.


Lucara rakes in $32.5 mln from exceptional stone tender

Lucara Diamond said it earned $32.5 million from 1,453.06 carats, included two diamonds greater than 300 carats, sold at its 12th exceptional stone tender.


Gem Diamonds pays out $18.3 mln to Botswana, Lesotho gvts

Gem Diamonds said it paid $18.3 million to Botswana and Lesotho governments for diamond mining activities in the financial year ended December 31, 2017.


ZCDC pacifies angry Marange community with $5 mln diamond cash

The state-owned Zimbabwe Consolidated Diamond Company (ZCDC) has handed over $5 million to the Marange-Zimunya Community Share Trust, according to local news reports.


Trans Hex projects increase in FY loss

Trans Hex, which will release its results on Thursday, is set to report a loss per share of 175.6 cents for the financial year ended March 31 compared to a loss per share of 173.5 cents in the previous corresponding period, representing an increase in...


Affluent Millennials Favor Tiffany and Rolex, Represent Growing Luxury Market

11 january 2018
(jckonline.com) - Affluent millennials favor traditional luxury brands like Rolex and Tiffany, but also seem predisposed to high-end brands that engage in content marketing, a new survey by MVI Marketing found. The survey polled nearly 1,000 consumers, from 25 to 40 years old, with a household income of $80,000 and higher. Among jewelry brands, Tiffany took the top spot, followed by Cartier, Pandora, Chanel, Gucci, Harry Winston, Bulgari, David Yurman, Hermès, and Tacori. When asked for favorite watch brands, respondents picked Rolex, followed by Apple, Omega, Cartier, TAG Heuer, Piaget, Patek Philippe, Breitling, Jaeger-LeCoultre, and Chopard. With the exception of perhaps Apple and Pandora, those are mostly traditional names that reflect their high brand awareness. Other generations would like also pick Tiffany and Rolex, admits MVI CEO Marty Hurwitz.


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