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Surat
Surat Diamond-Cutting Sector Reopens
The Indian government has allowed diamond businesses in Surat to reopen with limited staff numbers following concerns
News May 21, 2020 Rapaport News
Melee at De Beers Industry Group Services Surat
Eight Surat Cutting Units Return to Work
India has resumed manufacturing and exports of gems and jewelry, as the country starts to ease its restrictions
News May 04, 2020 Rapaport News
Rough diamond in Kimberlite
De Beers Offers 100% Deferrals at May Sight
De Beers is allowing rough-diamond customers to skip all purchases at next week’s sight, as shutdowns of manufacturing and retail markets
News Apr 30, 2020 Joshua Freedman
Melee diamonds at De Beers Group Industry Services
India’s Cutting Sector Faces Decade-Low Revenues
India’s polishing revenues will plummet to their lowest in a decade this year, as prices have dropped and inventory
News Apr 28, 2020 Rapaport News
Surat
Surat Diamond Manufacturing Shuts Down
The entire polishing industry in Surat has shut until March 31 after Indian authorities introduced tight restrictions
News Mar 24, 2020 Rapaport News
Jwaneng
Botswana Mining Decline Hits GDP Growth
Botswana’s economic growth slowed last year due to lower rough production, further aggravated by weakness in its diamond-manufacturing
News Mar 04, 2020 Rapaport News
Pandora store
Pandora Vows to Be Carbon-Neutral by 2025
Pandora has committed to being carbon-neutral in its own operations by 2025 as part of a plan to reduce the environmental impact
News Feb 02, 2020 Rapaport News
jewelry tariffs
US Trade Continues to Downsize
The US jewelry industry contracted in 2019 as the number of businesses closing shop continued to exceed new entrants. The
News Jan 20, 2020 Rapaport News
Orapa
Profit Margins Improve at $425M De Beers Sale
De Beers’ rough sales totaled $425 million in December, the highest since April, as lower price levels and
News Dec 18, 2019 Joshua Freedman
Rough and polished diamonds
Pressure on Diamond Midstream Likely to Increase
Diamond manufacturers will consolidate in the coming years to avoid being further squeezed by miners and retailers, Bain
News Dec 12, 2019 Joshua Freedman
Jwaneng
De Beers Lowers 2020 Production Forecast
De Beers has reduced its production outlook for next year and beyond amid uncertainty about the
News Dec 11, 2019 Rapaport News
Rough diamonds
Rough Slowdown Weighs on Asian Star
Sales and profit slumped at Indian diamond manufacturer Asian Star in the second fiscal quarter as weak rough
News Nov 18, 2019 Joshua Freedman
Synova machine
Synova Launches Automated Cutter
A technology provider part-owned by De Beers has unveiled an automated cutting machine that, it claims, will significantly speed up diamond
News Sep 26, 2019 Rapaport News
Jewelry manufacturing
Manufacturer LDC Acquires Metal-Casting Company
LDC, a jewelry manufacturer based in East Providence, Rhode Island, has acquired precious-metals caster First Casting Company.
News Jul 10, 2019 Rapaport News
De Beers Sorting
De Beers Cuts Prices as Rough Sales Slide
De Beers’ rough-diamond sales slumped to a 20-month low of $390 million in June amid weak sentiment in the manufacturing sector.
News Jun 25, 2019 Avi Krawitz
Alrosa colored diamond polished
Alrosa to Sell Directly to Consumers
Alrosa is launching a source-of-origin program that will enable dealers and consumers to buy polished diamonds with detailed
News Jun 04, 2019 Rapaport News
Debswana Jwaneng
De Beers Sales Jump 10% in April
De Beers recorded its largest rough-diamond sale since mid-2018 as demand was steady following a slow first quarter.
News Apr 10, 2019 Rapaport News
De Beers sight box
De Beers Reduces Sightholder Supply
De Beers sightholders are bracing for lower rough supply for the rest of 2019 as the miner reduces
News Apr 08, 2019 Joshua Freedman
National Bank of Fujairah Antwerp launch April 201
Dubai’s NBF Enters Antwerp Lending Market
The National Bank of Fujairah (NBF) has launched a representative office in Antwerp as it looks to expand its business lending
News Apr 07, 2019 Joshua Freedman
Surat cutting
Rapaport Trade Mission to Surat, India
The Rapaport Group is pleased to announce our trade mission to Surat, India. This mission will provide an opportunity
News Feb 14, 2019 Rapaport
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