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Rapaport Weekly Market Comment
Diamond market restrained due to supply bottleneck as Covid-19 spike in India curbs manufacturing. Trading shifting to Antwerp and
Polished Markets May 13, 2021 Rapaport News
Lucapa 138ct 140
Lucapa Recovers 138ct. Rough
Lucapa Diamond Company has unearthed a 138-carat rough diamond from its Lulo alluvial mine in Angola, it said
Mining May 13, 2021 Rapaport News
Williamson mine Petra
Petra Reaches $6M Settlement over Abuse Claims
Petra Diamonds has agreed to pay $6 million (GBP 4.3 million) to settle violence claims at its Williamson mine
Mining May 13, 2021 Rapaport News
Mountain Province Gahcho Kue 140
Mountain Province Borrows $33M After Mine Shuts
Mountain Province has taken out an additional $33 million loan from its largest investor to cover the
Mining May 13, 2021 Rapaport News
Chaim Pluczenik (left) and Diamantino Azevedo
Antwerp Trade Seeks Stronger Ties with Angola
Industry leaders in Antwerp visited Angola this week in search of closer trade relations with the up-and-coming diamond-producing
Rough Markets May 13, 2021 Rapaport News
Christies Geneva Spectacle 140
Christie’s Makes a $14M ‘Spectacle’ in Geneva
A diamond weighing nearly 101 carats was the star of the Christie’s Geneva auction, bringing in more than
Polished Markets May 13, 2021 Rapaport News
Indian jewelry
India Warns of Impact from Proposed US Tariffs
India’s jewelry industry could lose business to rivals such as China and Mexico if the US goes ahead with
Financial-Legal May 12, 2021 Rapaport News
Gem and Jewelry platform 140
Industry Unveils Colored-Gem Resource Platform
The Coloured Gemstones Working Group (CGWG) has launched a platform that will provide free resources on sustainability
Rough Markets May 12, 2021 Rapaport News
Alrosa
Alrosa Sales Rise as Demand Strengthens
Alrosa’s sales jumped in April as manufacturers continued to restock amid rising demand for diamond jewelry in key markets.Revenues
Mining May 12, 2021 Rapaport News
Prashant Bhojani
Rapaport Appoints Chief Marketing Officer for India
RAPAPORT PRESS RELEASE, May 12, 2021, Mumbai … The Rapaport Group is pleased to announce the appointment of Prashant
Polished Markets May 12, 2021 Rapaport
Wes Tucker Tracr De Beers
De Beers Names New Head of Tracr Platform
De Beers has revamped the management of its Tracr blockchain platform as the project moves into its second
Technology May 12, 2021 Rapaport News
Sothebys Tiara Geneva 140
Sotheby’s Scores with Royal Tiara in Geneva
A royal tiara “tried on” over 22,000 times on Instagram sold for more than $1 million at Sotheby’s on Tuesday,
Polished Markets May 12, 2021 Rapaport News
Hong Kong skyline from Victoria Peak
Hong Kong Diamond Imports Rise Sharply
Hong Kong’s polished-diamond imports rose 47% year on year to $3.43 billion in the first quarter of 2021, reflecting
Polished Markets May 11, 2021 Rapaport News
Jewelry on display at a store window in New York C
US Diamond Trade Reaches 22-Month High
US polished-diamond imports more than doubled year on year to $1.74 billion in March, reaching their highest level since
Polished Markets May 11, 2021 Rapaport News
HB Antwerp rough diamonds
HB Antwerp and Sarine Partner on Technology
HB Antwerp and Sarine Technologies have agreed to a partnership that will see the pair integrate their respective
Technology May 11, 2021 Rapaport News
Sothebys retail NY 140
Sotheby’s Launches Retail Store in New York
Sotheby’s will open a retail store in its New York flagship gallery featuring over 5,000 luxury items,
Polished Markets May 11, 2021 Rapaport News
Sarine scanning machine at Israel lab
Manufacturing Rebound Buoys Sarine Sales
Sarine Technologies, which supplies equipment to the diamond-manufacturing sector, saw sales rise in the first quarter as cutters
Manufacturing May 10, 2021 Joshua Freedman
DDG 140
Diamonds Do Good Unveils Bracelet Contest
Diamonds Do Good (DDG) has launched a contest in which it asks designers from around the world to create a signature
Polished Markets May 10, 2021 Rapaport News
Gem Diamonds 370 carat 140
Gem Diamonds Unearths 370ct. Rough
Gem Diamonds has recovered a 370-carat rough stone in Lesotho, the second over 100 carats in one week.The
Mining May 10, 2021 Rapaport News
Israel Diamond Exchange 140
Israel’s Polished Exports Soar
Israel’s diamond trade recorded sharp growth in April as the industry recovered from last year’s downturn, government
Polished Markets May 09, 2021 Rapaport News
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Weekly Market Comment

Diamond market restrained due to supply bottleneck as Covid-19 spike in India
Rapaport Reports

Magazine
Volatility looms amid India’s Covid-19 crisis

The dramatic spike in Covid-19 infections in India has injected uncertainty
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