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A jeweler holding a diamond ring. (Shutterstock)
Could Covid-19 Reshape the Memo Market?
The Covid-19 shutdown and its consequences have caused many diamond wholesalers and jewelry retailers to reevaluate
Polished Markets Jul 06, 2020 Joyce Kauf
DMCC
DMCC Opens Doors to Lab-Grown Trader
Synthetic-diamond firm Lumex will set up shop in the Dubai Multi Commodities Centre (DMCC), as the trading hub
Rough Markets Jul 06, 2020 Rapaport News
The Diamond Office in Antwerp
Belgium’s Diamond Shipments Drop Further
Belgium’s diamond trade slowed in June, with polished exports down 44% year on year to $469 million, according
Polished Markets Jul 05, 2020 Rapaport News
KP rough
Global Rough Production Slides in 2019
Global rough-diamond production fell 7% to $13.48 billion last year, reflecting lower output in Botswana and Canada, according
Rough Markets Jul 05, 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 Jul 05, 2020 Rapaport News
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Rapaport Weekly Market Comment
Polished trading slow despite improved retail sales in China. US jewelers limiting purchases, as they have enough inventory
Polished Markets Jul 02, 2020 Rapaport News
Back in business
Jewelers See Positive Signs as Business Restarts
Times are hard for luxury in general, and jewelry in particular. In a recent survey by McKinsey & Company, jewelry
Retail Jul 02, 2020 Leah Meirovich
Melee polished diamonds being graded and organised
India Extends Import Curbs as Surat Shuts Again
Indian trade bodies have recommended continued limits on rough-diamond imports in July, with a fresh weeklong shutdown of the
Polished Markets Jul 01, 2020 Joshua Freedman
Christie's
29ct. Diamond Sets Online Record at Christie’s
Christie’s brought in more than $4 million at its latest digital sale, with a 29-carat diamond earning the highest
Polished Markets Jul 01, 2020 Rapaport News
HK Retail 150
Hong Kong Retail Sales Fall Sharply in May
Sales of jewelry and other luxury items in Hong Kong plunged in May, even as the market showed signs
Retail Jun 30, 2020 Rapaport News
Alrosa International Mine 150
Alrosa Mine Restarts Following Virus Closure
Alrosa has resumed operations at its International underground mine following a brief suspension after several employees tested
Mining Jun 30, 2020 Rapaport News
DMCC 150
Dubai, China Establish Diamond Partnership
The Dubai Multi Commodities Centre (DMCC) has signed an agreement with China’s Guangzhou Diamond Exchange (GZDE)
Rough Markets Jun 30, 2020 Rapaport News
IGI clarity tester 150
IGI Opens Doors at New York Grading Lab
The International Gemological Institute (IGI) is reopening its New York grading laboratory following a three-month closure amid
Polished Markets Jun 30, 2020 Rapaport News
Alrosa rough diamonds
Buyers Snub De Beers and Alrosa over High Prices
De Beers and Alrosa continued to see rock-bottom sales in June as buyers rejected the miners’ high rough prices
Rough Markets Jun 29, 2020 Joshua Freedman
Luk Fook 150
Pandemic Pinches Luk Fook Revenue
Luk Fook’s revenue and profit fell in fiscal 2020 as the coronavirus and social unrest in Hong Kong
Retail Jun 29, 2020 Rapaport News
Chow Tai Fook Montage
Chow Tai Fook Expanding China Store Count
Pandemic or not, Chow Tai Fook has no intention of slowing its expansion into China, with plans to open
Retail Jun 29, 2020 Avi Krawitz
Sarine Lucara 150
Sarine to Provide ‘Birth Certificate’ for Lucara Rough
Sarine Technologies has expanded its collaboration with Lucara Diamond Corp. to include provenance traceability for all
Technology Jun 28, 2020 Rapaport News
Nissim Zuaretz
ISDMA Elects Nissim Zuaretz as President
The Israel Diamond Manufacturers Association (ISDMA) has elected Nissim Zuaretz, founder of D.N. Diamonds, as its president.He
Manufacturing Jun 28, 2020 Rapaport News
Petra Cullinan 150
Petra Seeks Buyer for Its Business
Petra Diamonds plans to sell the company as it struggles with mounting debt.The company owns the Cullinan, Finsch
Mining Jun 28, 2020 Rapaport News
Patrick Sevigny 150
Stornoway Shakes Up Top Management
Patrick Sévigny will take over management of Stornoway Diamonds following the exit of CEO Patrick Godin amid
Mining Jun 28, 2020 Rapaport News
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