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AWDC Hong Kong show March 2017
Antwerp Body Joins India KYC Program
Trade organizations in Belgium and India are collaborating on an online network to enable industry members to share know-your-customer (KYC)
News Dec 06, 2017 Rapaport News
Erik Jens ABN Amro
Erik Jens Steps Down as ABN Amro Diamond Chief
ABN Amro’s diamond and jewelry division will become part of its trade-and-commodity finance business under a restructuring
News Dec 03, 2017 Rapaport News
Antwerp
Exelco Seeks Chapter 11 Protection in US
Antwerp-based diamond company Exelco NV has sought Chapter 11 bankruptcy protection in the US, listing estimated liabilities of $50
News Oct 02, 2017 Rapaport News
Antwerp
Bank Seizes Exelco’s Assets: Bloomberg
Belgian bank KBC Group has seized assets of Antwerp diamond firm Exelco to recover unpaid loans, according
News Jul 06, 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
Jewelry Sales India
India Relaxes Tax on Jewelry-Making
India’s government has reduced the tax rate on diamond and jewelry manufacturing to 5% following an earlier announcement that
News Jun 13, 2017 Rapaport News
Antwerp Diamond Fair
Banks Snubbing Belgian Diamond Trade: AWDC
Belgian banks are discriminating against the diamond trade by not lending to anyone linked to the industry, the
News Apr 02, 2017 Rapaport News
ALROSA 145-Ct Diamond
ALROSA Repays Loans to VTB Bank
ALROSA has paid off $600 million of loans to VTB Bank ahead of their repayment date, the Russian
News Mar 01, 2017 Rapaport News
Lace Diamond Mine DiamondCorp
DiamondCorp Agrees to Loan Deal
DiamondCorp has reached an agreement with one of its lenders, enabling the embattled company to secure a loan against
News Feb 28, 2017 Rapaport News
birks mayors
Birks Credits Strategic Goals in New Deal
Birks Group has negotiated new credit terms that it says will enable continued implementation of its growth
News Dec 26, 2016 Rapaport News
Rough and Loupe`
Analyst Upbeat on Diamond Market
VTB Capital raised its price target for ALROSA shares as buoyant holiday sales are expected to result
News Dec 14, 2016 Rapaport News
alex ani store
Alex and Ani Hires Senior Execs in Global Push
Alex and Ani recruited two retail veterans as the jewelry company prepares for a worldwide expansion. New
News Sep 28, 2016 Rapaport News
Israel Diamond Exchange
Israel’s FIBI Bank Tightens Terms for Diamond Trade
The Israel Diamond Exchange (IDE) pledged to contest a decision by First International Bank of Israel (FIBI) to tighten its
News Aug 18, 2016 Rapaport News
Antwerp Beurs Voor Diamanthandel
New Law Likely to Triple Belgium Trade's Tax Bill
Belgium’s diamond trade can expect to pay at least three times more tax per year as a new fiscal
News Aug 02, 2016 Rapaport News
Hatton Garden
London Bourse Reaches Out to Jewelry Workshops
The London Diamond Bourse (LDB) launched a new membership category that enables workshop owners to maintain a presence
News Jul 31, 2016 Rapaport News
James C. Polan OPIC
U.S. Backs Funding for Botswana Diamond Trade
The U.S. government has agreed to guarantee a $125 million loan to Botswana’s diamond manufacturing industry to promote local
News Jul 26, 2016 Rapaport News
Dominion Diamond Corporation
Dominion Unveils Plan to Focus on Core Assets
Dominion Diamond Corporation will sell its office in downtown Toronto and launch a share buyback program as it aims
News Jul 07, 2016 Rapaport News
ruby
Gemfields Closes Loan Deal to Hike Ruby Output
Gemfields has secured $65 million of debt financing which will be used to ramp up ruby production and for
News Jul 05, 2016 Rapaport News
Shrenuj
Shrenuj Defends Position After Asset Seizure
Shrenuj & Co. said an order seizing its inventories and restricting the movement of its senior managers
News Jul 05, 2016 Rapaport News
Shrenuj Botswana Diamond Factory
Shrenuj Seeks Legal Opinion Over Bank Action
Shrenuj & Co., a Mumbai-based diamond and jewelry manufacturer, is challenging an order by India’s second-largest bank to seize its
News Jul 03, 2016 Rapaport News
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