Anglo records EBITDA of R63 bln in H1

Anglo Platinum has recorded earnings before interest, taxes, depreciation, and amortisation (EBITDA) of R63.3 billion in the first six months of 2021, a 385% increase from R13.1 billion in the first half of 2020.

Today

IIJS Premiere 2021 to be held in Bengaluru from 15 to 19 September

India International Jewellery Show (IIJS) Premiere 2021, the Gem & Jewellery Export Promotion Council’s (GJEPC) flagship trade show is being organised in physical form from September 15 to 19, 2021 at the Bangalore International Exhibition...

Today

HKTDC twin jewellery events open in Hong Kong

The HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem & Pearl Show, opened on 25 July at the Hong Kong Convention and Exhibition Centre (HKCEC) and will run until 29 July.

Yesterday

Zim gold output improves following central bank intervention – report

Zimbabwe's gold output improved last month by 75% to 2,924 tonnes from 1,668 tonnes in May following incentives introduced by the Reserve Bank of Zimbabwe (RBZ), according to the local media.

Yesterday

Petra reports 109 incidents of illegal incursions onto Williamson in three months

Petra Diamonds has reported 109 incidents of illegal incursions onto its 75%-owned Williamson mine, in Tanzania during the period from 1 April to the end of June 2021.

Yesterday

What’s Behind Richemont’s Delvaux Purchase?

21 july 2021

(jingdaily.com) - What Happened: Swiss luxury conglomerate Richemont will continue to expand its leather goods empire by acquiring the Belgian luxury leather goods house, Delvaux. The Belgian Maison was previously owned by the Hong Kong-based billionaire brothers Victor and William Fung in partnership with Singaporean state investment company Temasek. Delvaux, known by fashion connoisseurs as the oldest luxury leather goods house in the world, is a veritable gem. According to a Richemont press release: “Delvaux was the first to file an official patent for a leather handbag and can thus be called the inventor of the modern luxury handbag.” Richemont believes that through this acquisition, Delvaux will be better positioned for its next stage of development.