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News analysis Aug 2020
To Speak Out, or Not to Speak Out?
The killing of George Floyd at the hands of police in May and the subsequent protests split US society in a way
Retail Aug 11, 2020 Joshua Freedman
Lucara sorters 150
Lucara Ends Second Quarter at a Loss
Lucara Diamond Corp. reported a loss for the second quarter amid weaker demand and a planned halt
Mining Aug 11, 2020 Rapaport News
Forevermark diamond ring
Diamonds High on Holiday Gift Lists
Consumers are showing strong interest in buying diamonds for their loved ones this holiday season, seeing
Retail Aug 11, 2020 Rapaport News
Coronavirus
Coronavirus Updates: Impact on the Diamond Trade
The Covid-19 pandemic that has swept the globe has had a notable impact on the diamond industry,
Polished Markets Aug 11, 2020 Rapaport News
Alrosa yellow diamond 150
Alrosa Finds Russia’s Largest Colored Diamond
Alrosa has recovered a 236-carat, intense-yellow-brown diamond, the largest natural colored diamond found in Russia.The stone, which
Mining Aug 10, 2020 Rapaport News
Artisanal Miners Sierra Leone
A Crucial Moment for Artisanal Miners
The question of how to tackle the hardships facing informal diamond miners is as pressing today as it was when it first
Fair Trade Aug 10, 2020 Avi Krawitz
Hong Kong skyline
Hong Kong Trading Hits New Low
Polished-diamond imports into Hong slumped in the second quarter as the Covid-19 pandemic damaged local demand. Shipments
Polished Markets Aug 09, 2020 Rapaport News
Berkshire Hathaway 150
Retail Sales Slide at Berkshire Hathaway
Revenue from the retail division of Warren Buffett’s Berkshire Hathaway fell 16% to $3.37 billion in the second
Retail Aug 09, 2020 Rapaport News
Sarine 150
Sarine Turns Profit Following Cutbacks
Sarine Technologies ended the first half of 2020 in the black as deep cost cuts offset the effects
Manufacturing Aug 09, 2020 Rapaport News
Mountain Province Gahcho Kue 150
Mountain Province in the Red as Demand Slows
Mountain Province reported a loss in the second quarter as the coronavirus pandemic closed markets and hit demand.The
Mining Aug 09, 2020 Rapaport News
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Rapaport Weekly Market Comment
Polished market improving due to select demand from US and China. Shortages supporting prices; 1 ct. RAPI +1.9%
Polished Markets Aug 06, 2020 Rapaport News
Rich Shatz
Estate Jewelry Proves Robust During Covid-19
The estate-jewelry sector has fared well during the Covid-19 crisis as customers have continued to show interest
Retail Aug 06, 2020 Rapaport News
NRF 150
July Figures Cast Cloud over US Retail Recovery
The US retail outlook is declining after the country’s economic recovery slowed in July amid a resurgence of coronavirus cases,
Retail Aug 06, 2020 Rapaport News
Alrosa rough sorting at Mirny.
Alrosa Nearing Inventory Deal with Govt.
Alrosa expects to finalize a sale of rough to Gokhran in the next two months, aiming to reduce its stockpiles while
Rough Markets Aug 06, 2020 Joshua Freedman
Mining Ekati 150
Mining Sell-Off Highlights Sector’s Woes
Just as the sun emerged from behind the clouds and diamond demand began to recover from a glut
Mining Aug 06, 2020 Leah Meirovich
Jewelry 150
Hong Kong Show Runner Unveils Digital Platform
Informa Markets, the organizer of the September Hong Kong show, has launched a digital platform enabling the
Polished Markets Aug 05, 2020 Rapaport News
July RetailRap 150
How to Market Jewelry During the Pandemic
Is it appropriate for jewelers to market during the pandemic?Yes, now is when jewelers need business the most. I think
Marketing Aug 05, 2020 Leah Meirovich
Chow Sang Sang 150
Chow Sang Sang Warns of Steep Profit Drop
Chow Sang Sang is expecting profit to plummet for the first half of the year amid store closures
Retail Aug 04, 2020 Rapaport News
AGS 150
AGS Lab to Restart Synthetics Grading
The American Gem Society (AGS) will resume grading synthetic diamonds after an eight-year pause.The group will
Polished Markets Aug 04, 2020 Rapaport News
De Beers Rough
Reduced Diamond Supply Lifts Polished Prices
RAPAPORT PRESS RELEASE, August 4, 2020, Las Vegas… Polished diamond prices firmed in July due to supply shortages
Polished Markets Aug 04, 2020 Rapaport
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Weekly Market Comment

Polished market improving due to select demand from US and China.

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