(IDEX Online) - Alrosa plans to extract gold from its diamond-bearing alluvial deposits in Mirny, in Russia's Sakha Republic. The move comes as demand for natural diamond continues to slide, and gold ...
(IDEX Online) - Global credit ratings agency Moody's has followed S&P in downgrading Botswana. It says the economy remains over-reliant on diamonds and has not diversified enough to compensate for the ...
(IDEX Online) - Angola is now bidding for overall control of De Beers, with a proposal to buy Anglo American's entire 85 per cent stake, according to Reuters, Bloomberg and other news sources. It's ...
(IDEX Online) - Storm Mountain Diamonds (SMD) is warning that its Kao mine, in Lesotho, could close within weeks unless the government - a 25 per cent shareholder - provides urgent tax and royalty ...
(IDEX Online) - Swiss watch exports to the US plunged by more than 55 per cent in September, in what the Federation of the Swiss Watch Industry Exports (FHS) described as a "huge correction". Foreign ...
(IDEX Online) - Treasures that once belonged to Napoleon Bonaparte are to be offered for sale by Sotheby's Geneva on 12 November. Details of the auction were revealed on Friday (24 October), less than ...
(IDEX Online) - French police have arrested two suspects over $100m heist at the Louvre, in which eight items of the crown jewels were stolen. One man was detained late on Saturday (25 October) as he ...
(IDEX Online) - The US is reportedly considering a reduction in its tariffs on exports from India, if it agrees to limit its oil imports from Russia. Both sides are edging closer to a trade agreement ...
(IDEX Online) - De Beers is urging South Africa's junior diamond producers to back the Luanda Accord, aimed at the global promotion of natural diamonds. Barend Petersen chairperson of De Beers ...
(IDEX Online) - Namibia's central bank is calling for an extension to Namdeb's royalty discount. The cut, from 10 per cent to 5 per cent, was introduced in 2021, and lapses at the end of this year.
(IDEX Online) - Kering says its Boucheron, Pomellato, DoDo, and Qeelin jewelry houses enjoyed a double-digit increase in year-on-year revenue during Q3. But the French luxury conglomerate saw overall ...
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