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Rapaport Weekly Market Comment
Rough market cools slightly as De Beers raises prices an average 2% to 3% at $530M June sight. De Beers limiting supply to support prices and align with sluggish...
News Jun 22, 2017 Rapaport News
Rapaport Diamond Industry Stock Tracker
US retail stocks slid this week as Amazon’s takeover of Whole Foods injected panic into the brick-and-mortar sector. JCPenney (-12%), Signet (-6.3%) and...
News Jun 22, 2017 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
Polished trading relatively quiet, with dealers hoping for a lift at the Hong Kong show. Manufacturing levels...
Statistics Jun 22, 2017 Rapaport News
De Beers Jwaneng truck
De Beers to Invest in Diamond Start-Ups
De Beers is launching an initiative to consider buying minority stakes in start-ups and rapidly growing companies, the diamond producer...
News Jun 22, 2017 Rapaport News
breitling
Swiss Watches Show Signs of Recovery
Swiss watch exports jumped in May amid stronger demand from China and Hong Kong, the Federation...
News Jun 22, 2017 Rapaport News
Hong Kong show
Optimism for Hong Kong as Show Begins
The 30th-anniversary edition of the Hong Kong Jewellery & Gem Fair opened Thursday amid an improvement in the...
News Jun 22, 2017 Rapaport News
Cartier video commercial The Proposal June 2017
Cartier Releases New ‘The Proposal’ Films
Cartier has followed up on its acclaimed “The Proposal” commercials by publishing two new videos on social media this...
News Jun 21, 2017 Rapaport News
Buyers at Gemfields Auction
Battle for Gemfields Heats Up
Pallinghurst Resources has upped the ante in the bidding war for Gemfields by lowering the number of shareholder...
News Jun 21, 2017 Rapaport News
Christie's emerald New York auction June 2017
Harry Winston Spends $5.5M on Historic Emerald
Harry Winston bought the Rockefeller Emerald for a record price per carat at Christie’s New York on Tuesday....
News Jun 21, 2017 Rapaport News
Gemfields rough emerald 140
Gemfields Reluctantly Bows to Fosun Takeover Bid
Gemfields’ management has recommended shareholders accept a $323.8 million (GBP 256 million) takeover offer from China’s...
News Jun 20, 2017 Rapaport News
Millennial woman laptop online
Millennials Prefer Offline Shopping
More than half of millennials make most of their purchases in physical stores, but young consumers are browsing...
News Jun 20, 2017 Rapaport News
Crown of Light Almod
‘Crown of Light’ Brand Hits $100M Milestone
Sales of “Crown of Light” diamonds exceeded $100 million in 2016, hitting the milestone 10 years after brand owner...
News Jun 20, 2017 Rapaport News
De Beers Namibian rough diamonds
Rough Prices Firm at $530M De Beers Sight
De Beers sold $530 million worth of rough diamonds in June as sightholders continued to complain of shrinking manufacturing margins and...
News Jun 20, 2017 Joshua Freedman
Israel Diamond Exchange 140
Israel Bourse Starts Up Innovation Hub
The Israel Diamond Exchange (IDE) is opening a technology incubator, providing both space and financial support for...
News Jun 19, 2017 Rapaport News
Lucapa Lulo rough sale June 2017
Wet Season Dampens Lulo Prices
Lucapa Diamond Company garnered $950,000 (AUD 1.25 million) in a sale of rough diamonds from its Lulo alluvial...
News Jun 19, 2017 Rapaport News
ruby
Gemfields Sets $55M Auction Record
Gemfields recorded its highest auction total as it sold $54.8 million worth of rubies and corundum in Singapore last...
News Jun 19, 2017 Rapaport News
India Arch
India’s Polished Trade Improves in May
India’s polished diamond exports grew 3.7% to $2.05 billion in May, according to data that the nation’s Gem...
News Jun 19, 2017 Rapaport News
Blockchain
Singapore Exchange Pilots Blockchain Verification
The Singapore Diamond Investment Exchange (SDiX) is testing blockchain technology as a way to authenticate ownership of diamonds, noting the...
News Jun 18, 2017 Rapaport News
Trans Hex
Trans Hex Warns of Greater Losses
South Africa-based diamond miner Trans Hex expects that its net loss widened 81% to $14.2 million...
News Jun 18, 2017 Rapaport News
De Beers Namibia exploration vessel ship
World’s Largest Diamond Ship Sets Sail in Namibia
De Beers launched the world’s largest diamond-exploration ship on Thursday, as it looks to Namibian waters to maintain production levels. The...
News Jun 18, 2017 Rapaport News
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Weekly Market Comment

Rough market cools slightly as De Beers raises prices an average 2% to 3% at $530M...

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