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Rio Tinto's diamond production up by 58% in Q4 2017

Announcing its fourth-quarter production results, mining major Rio Tinto has announced that its diamond production for the period under review amounted to 7.20 mn carats as compared to 4.57 mn carats in the Q4 of 2016, an increase of 58 percent.

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DDA Trading Bvba announced the sale of the Namibian marine rough diamond production

DDA Trading Bvba announced the sale of the Namibian marine rough diamonds from IMDH (International Mining and Dredging Holdings Ltd).

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FAS requests to amend terms of ALROSA gas assets auction from Finance Ministry

(vedomosti.ru) - Russia’s Federal Antimonopoly Service (FAS) asked the Ministry of Finance to amend the terms of the ALROSA gas assets auction. The body cannot continue its examination of these terms after Rosneft has withdrawn its complaint...

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Signet Holiday Sales Disappoint

Signet Jewelers’ holiday sales fell 3% as issues relating to outsourcing its credit transactions adversely impacted the business.

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Zim anti-graft body after ex mines minister for ‘looting’ Marange diamonds

The Zimbabwe Anti-Corruption Commission (Zacc) is probing the country’s former mines minister Walter Chidhakwa over diamonds that allegedly disappeared from Government vaults during his stint at the ministry.

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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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