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India Arch
India Tax Changes: One Win, One Defeat for Jewelers
The Indian government reversed a decision to broaden the application of a jewelry tax but is standing by a new stringency requiring...
Financial-Legal May 25, 2016 Rapaport News
Laurence and Francois Graff
Graff Diamonds’ Profit Slumps 74% in 2015
Graff Diamonds’ sales slid and profit nosedived last year as tougher market conditions in the global gem...
Retail May 24, 2016 Rapaport News
Hong Kong
Hong Kong Jeweler Tse Sui Luen’s Profit Dives 40%
Tse Sui Luen, a Hong Kong-based jeweler, reported revenue declined and profit plummeted in the past fiscal...
Retail May 24, 2016 Rapaport News
De Beers Office
De Beers Sales Drop for First Time in Five Months
De Beers reported rough sales declined to $630 million in its fourth sales cycle of the year.Revenue fell 5.4...
Rough Markets May 24, 2016 Rapaport News
India
India’s Polished Diamond Exports +9% in April
India’s polished diamond exports jumped 8.8 percent year on year to $1.78 billion in April, according to provisional data...
Polished Markets May 24, 2016 Rapaport News
Andrey Polyakov
ALROSA’s Polyakov Steps Up to WDC President
Andrey Polyakov, the vice-president of ALROSA, has taken over as president of the World Diamond Council (WDC).Polyakov (pictured)...
Mining May 23, 2016 Rapaport News
Asian Star logo
Asian Star’s Profit Slides Despite Sales Growth
Asian Star, a Mumbai-based diamond manufacturer, reported profit dropped in the past fiscal year even as revenue rose....
Manufacturing May 23, 2016 Rapaport News
Gemfields emeralds
Gemfields’ Lower-Quality Emeralds Hit New Price Record
Gemfields announced a new record average price for its lower-quality gemstones sold at an auction of rough emeralds in India...
Gemstones May 23, 2016 Rapaport News
Alexei Ulyukayev
Russia Eyes $898M from ALROSA Privatization
Russia expects it will get more than $898.4 million (RUB 60 billion) from a sale of shares in ALROSA, the...
Mining May 23, 2016 Rapaport News
richline
Warren Buffett’s Jewelry Unit Acquires Nordt
Richline Group, a jewelry company owned by Warren Buffett’s Berkshire Hathaway, made a second acquisition in less than a month...
Retail May 22, 2016 Rapaport News
Ekati Mine
Dominion’s Jay Project Jumps Environmental Hurdle
Dominion Diamond Corporation received environmental approval for its Jay project that could extend the lifespan...
Mining May 22, 2016 Rapaport News
Cartier
Jewelry Demand Propels Richemont to Growth
Richemont’s jewelry sales in the past fiscal year jumped after strong demand outweighed a decline in appetite for...
Retail May 22, 2016 Rapaport News
Western Athabasca Basin, Saskatchewan - Athabasca
De Beers to Invest in Canada Exploration
De Beers said it will spend up to $15.6 million (CAD 20.4 million) on hunting for diamonds in an underexplored part of the...
Polished Markets May 22, 2016 Rapaport News
Rapaport TradeWire May 19, 2016
RAPAPORT NEWS SERVICE | May 19, 2016...
Research May 19, 2016 Rapaport
World Diamond Congress 2016
Diamond Congress Zooms In on Lending
Financing was the focus of the second day of the World Diamond Congress in Dubai as bankers and industry...
Financial-Legal May 19, 2016 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
Stable market but trading relatively quiet during summer holiday period. Steady U.S. and Far East...
Research May 19, 2016 Rapaport News
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
There were sweeping declines in industry stocks this past week, especially in the U.S. amid speculation that...
Financial-Legal May 19, 2016 Rapaport News
Rapaport Weekly Market Comment
Rounds: World Diamond Congress focuses on transparency, responsibility, sustainability with discussions about financing and regulatory requirements for compliance auditing. 2016 looking...
Polished Markets May 19, 2016 Rapaport News
Harry Levy & Menachem Prager
London Diamond Bourse Shakes Up Leadership
The London Diamond Bourse’s (LDB) management council unanimously voted to create a new position of chairman for outgoing...
Polished Markets May 19, 2016 Rapaport News
Oppenheimer Blue
‘Oppenheimer Blue’ Fetches Record $58M at Auction
Christie’s smashed the world auction record for a jewel as it sold the ‘Oppenheimer Blue’ diamond ring for...
Retail May 19, 2016 Rapaport News
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Weekly Market Comment
May 19, 2016

Rounds: World Diamond Congress focuses on transparency, responsibility, sustainability with...

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