ALROSA reports its May 2021 diamond sales results

ALROSA reported preliminary rough and polished sales results for May 2021. ALROSA sales of rough and polished diamonds in May totaled $365 million, including proceeds from rough diamond sales of $346 million, and polished diamond sales of $19 million...

11 june 2021

Botswana Diamonds’ Thorny River discovery advances towards resource assessment

The AIM and BSE listed diamond explorer, Botswana Diamonds says it has advanced towards resource assessment at its Thorny River diamond project, in South Africa.

11 june 2021

Chow Tai Fook’s profit up by 107% in FY2021

Chow Tai Fook Jewellery Group’s annual results for the fiscal year 2021 showed the company’s profit grew by 107.7 per cent to $775.83 mn. This was a considerable improvement from a loss of 36.6 per cent in FY2020.

11 june 2021

World’s first regulator-approved diamond coin launched

New diamond coin is pitching itself as an alternative commodity for investors to purchase instead of gold bullion. International Gemological Institute (IGI), which provides grading for gems and jewellery grading, has joined hand with Diamond...

11 june 2021

Namibia blocks Namdia proposal to appoint a diamond evaluator

Namibia’s mines ministry has blocked the state-owned Namib Desert Diamonds (Namdia) chief executive Kennedy Hamutenya’s proposal to appoint his sales manager to replace C-Sixty Investment as the company’s diamond valuator.

10 june 2021

The “Swiss Made” Designation Can Lead to a 50 Percent Increase in Value for Luxury Goods

07 april 2021

(thefashionlaw.com) - What do Rolex, Cartier, Breitling, Audemars Piguet, Jaeger-LeCoultre, Chopard, and Patek Phillipe, for instance, have in common? Their watches benefit from a certain status and an esteemed geographic indication that comes with being Swiss made. After all, “It is no secret that Swiss products and services enjoy a great reputation both at home and abroad,” according to Swiss trademark attorney Milana Pantelic, who notes that the “Swiss made” reputation centers on “high quality, tradition, precision, luxury, high technology, innovation and reliability.” That reputation and the goodwill associated with the “Swiss made” designation is derived, in large part, from the aforementioned watchmakers’ (and others’) enduring investment in “quality, tradition and durability,” Deloitte stated in its Swiss Watch Industry Study last year, with “the time-honored quality and tradition of Swiss watchmaking maintaining its importance” over decades (and even centuries in some cases), both from an initial point of sale perspective, and increasingly, in the pre-owned market, thereby, translating to striking demand and increasingly expensive price tags.