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Cash in Hand
Diamond Industry Now Banking on Legitimacy
The diamond industry has added several layers of legitimacy this year as more companies are complying with...
Financial-Legal Dec 08, 2016 Avi Krawitz
De Beers Jwaneng truck
De Beers Slashed Rough Prices 5% in 2016
De Beers said its rough diamond prices fell 5 percent this year even as the diamond market showed...
Rough Markets Dec 08, 2016 Rapaport News
shopping app
Blue Nile Says Takeover Bid Unchallenged
Blue Nile did not receive any takeover bids during a 30-day period in which it was allowed to consider...
Retail Dec 08, 2016 Rapaport News
Christie's December 2016 diamond
Christie's Sells 51 Carat Diamond for $5.6M
Christie’s sold $51 million worth of jewelry at its Magnificent Jewels auction in New York on Wednesday, with the...
Retail Dec 08, 2016 Rapaport News
Antwerp
Belgium’s Polished Diamond Exports Decline
Belgium’s polished diamond exports fell 6 percent to $878.4 million in November, according to the Antwerp World Diamond Centre....
Polished Markets Dec 07, 2016 Rapaport News
Jacques Rio Tinto
Rio Tinto U-Turns to Prioritize Diamonds
Rio Tinto’s new chief executive officer said he plans to expand the miner’s diamond mining operations, three...
Mining Dec 07, 2016 Rapaport News
ALROSA sorters
ALROSA Sales Weather Indian Liquidity Storm
ALROSA’s diamond sales jumped 63 percent from a year ago to $255.2 million in November, a signal that the liquidity...
Mining Dec 07, 2016 Rapaport News
Christie's Paris December 2016
Christie’s Paris Auction Smashes Estimates
Christie’s sold 91 percent by value and 84 per cent by lot at a Paris jewelry auction, with nearly half of the...
Polished Markets Dec 07, 2016 Rapaport News
Jonathan Kendall IIDGR
De Beers Expands Surat Grading Center
De Beers plans to expand its diamond grading facility in Surat, India as the company increases the services it offers...
Technology Dec 06, 2016 Rapaport News
Rough Diamonds
Bain Warns of Looming Rough Bubble
Strong growth in rough diamond sales this year may lead to a repeat of last year’s damaging inventory pile-up...
Rough Markets Dec 06, 2016 Rapaport News
Letlhakane mine Debswana De Beers Botswana
De Beers to Add 25 Years to Botswana Mine
Debswana, De Beers mining joint venture in Botswana, is close to completing a tailings project that will extend the Letlhakane...
Mining Dec 06, 2016 Rapaport News
Polished Diamonds
Diamond Prices Firm Slightly with U.S. Optimism
PRESS RELEASE, December 6, 2016, New York … Diamond trading slowed in November as Indian liquidity dried up and manufacturing...
Polished Markets Dec 06, 2016 Rapaport
GIA melee testing report
GIA Rolls Out Synthetic Melee Testing Service
The Gemological Institute of America (GIA) has started accepting stones for its automated melee testing service,...
Polished Markets Dec 06, 2016 Rapaport News
Steven Cipolla MJSA
MJSA Names New Chair
Manufacturing Jewelers & Suppliers of America (MJSA) elected Steven Cipolla as its chair of the board, the U.S....
Manufacturing Dec 05, 2016 Rapaport News
Central African Republic CAR
Cameroon Enabling CAR Conflict Diamonds: NGO
Conflict diamonds from the Central African Republic (CAR) are entering the supply chain because of poor...
Rough Markets Dec 05, 2016 Rapaport News
Bonhams diamond auction December 2016
Diamonds Shine in Bonhams London Auction
Bonhams sold $8.6 million (GBP 6.8 million) worth of jewelry at an auction in London as the most expensive diamond...
Retail Dec 05, 2016 Rapaport News
ABN AMRO
ABN AMRO Forecasts Polished Price Recovery
ABN AMRO predicted polished diamond prices will increase next year as it expects improved economic conditions to boost...
Polished Markets Dec 05, 2016 Rapaport News
Dione Kenyon
Former JBT Chief Chosen as GIA Chair
The Gemological Institute of America (GIA) elected industry veteran Dione Kenyon as chair of its board of governors. Kenyon...
Polished Markets Dec 04, 2016 Rapaport News
Rough emerald
India Cash Crunch Stalls Gemfields Auction
Gemfields has pushed back a sale of higher-quality emeralds by two months to enable Indian buyers to adapt to the government’s...
Gemstones Dec 04, 2016 Rapaport News
Grib mine Lukoil
Grib Diamond Mine Sold for $1.5B
Lukoil has agreed to sell its Grib diamond project to Russian investment group Otkritie Holding. The $1.45...
Mining Dec 04, 2016 Rapaport News
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