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Rapaport Weekly Market Comment
TRADE ALERT: India is undergoing a severe Covid-19 crisis that will impact the global diamond trade. India
Polished Markets Apr 22, 2021 Rapaport News
DPA rough polished
Watchdog Cautions Diamond Council over Ad Claims
A US advertising regulator has rebuked the Natural Diamond Council (NDC) over its environmental claims following a complaint
Mining Apr 22, 2021 Rapaport News
Burma Pearls 140
US Bans Myanmar Pearl Company
The US government has placed sanctions on Myanmar Pearl Enterprise, a key state-owned economic resource for Myanmar’s military
Financial-Legal Apr 22, 2021 Rapaport News
Gem Diamonds Letseng
Gem Diamonds Revenue Drops
Gem Diamonds reported a decline in first-quarter sales, marking a contrast after a stronger performance in pandemic-hit 2020.Revenue fell 7% year
Mining Apr 22, 2021 Rapaport News
India flag
Trade Alert: India Covid-19 Crisis
India is undergoing a severe Covid-19 crisis that will impact the global diamond trade. India manufactures about
Polished Markets Apr 22, 2021 Rapaport
De Beers Orapa mine
De Beers’ Rough Production Falls
De Beers reported a decline in rough-diamond production in the first quarter while maintaining its full-year guidance as demand recovered
Mining Apr 22, 2021 Rapaport News
Ben Bridge 140
Ben Bridge Sponsors GIA Minority Scholarship
Warren Buffett-owned jeweler Ben Bridge and the Black in Jewelry Coalition (BIJC) are sponsoring a scholarship for
Polished Markets Apr 22, 2021 Rapaport News
Brett Oconnor Heritage 140
Industry Veteran Joins Heritage Auctions
Heritage Auctions has hired Brett O’Connor as senior director of private sales for jewelry and timepieces.O’Connor, who
Polished Markets Apr 22, 2021 Rapaport News
GIA Beyonce winners 140
GIA Announces Winners of Beyoncé Scholarship
Beyoncé Knowles-Carter has chosen the Black industry professionals who will win a scholarship for a graduate gemologist
Polished Markets Apr 22, 2021 Rapaport News
Michael Hill store 140
Michael Hill Gets a Boost from Digital Sales
Michael Hill’s sales rose in the third fiscal quarter as robust e-commerce growth compensated for store closures
Retail Apr 21, 2021 Rapaport News
Sothebys Cartier rock crystal and diamond 140
Bold Bracelets Lead Sotheby’s Hong Kong
Sotheby’s garnered $54 million from its Hong Kong Magnificent Jewels auction, with two bracelets stealing
Polished Markets Apr 21, 2021 Rapaport News
Lucapa Mothae rough 140
Lucapa Reports Strong First Quarter
Revenue at Lucapa Diamond Company soared in the first three months of the year as the miner benefited from
Mining Apr 21, 2021 Rapaport News
Kering Gucci 140
Kering Sees ‘Excellent’ Jewelry Sales
Kering’s jewelry and watch divisions grew strongly in the first quarter amid a market recovery in the North
Retail Apr 21, 2021 Rapaport News
Bharat Diamond Bourse
India Polished Shipments Rebound
India’s polished-diamond exports more than doubled year on year in March, reflecting a release of pent-up demand and a favorable
Polished Markets Apr 21, 2021 Rapaport News
NDC ACDC 140
Ekati Mine Owners Join Natural Diamond Council
Arctic Canadian Diamond Company (ACDC) has become a member of the Natural Diamond Council (NDC) in an effort to promote
Mining Apr 20, 2021 Rapaport News
Petra Cullinan 140
Rough-Price Recovery Bolsters Petra’s Sales
Petra Diamonds’ revenue rose in the third fiscal quarter as demand improved and rough prices returned to pre-pandemic
Mining Apr 20, 2021 Rapaport News
GIA-graded diamonds
GIA India Turnaround Time Increases
Fresh Covid-19 measures in India have lengthened the grading turnaround time at the Gemological Institute of America (GIA),
Polished Markets Apr 20, 2021 Joshua Freedman
Rio Tinto diavik diamonds 140
Higher Grades Drive Rio Tinto Production
Rio Tinto’s rough-diamond production from its Diavik mine in Canada rose in the first quarter amid the
Mining Apr 20, 2021 Rapaport News
Christies Spectacle 140
Christie’s to Offer 101ct. ‘Spectacle’ Diamond
Christie’s will sell a 100.94-carat diamond at its upcoming Magnificent Jewels auction in Geneva, where it expects the stone
Polished Markets Apr 20, 2021 Rapaport News
Antwerp 150
Belgium Trade Hits 18-Month High
Belgium’s polished-diamond exports jumped 40% year on year to $716 million in March, reaching the highest level since
Polished Markets Apr 19, 2021 Rapaport News
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TRADE ALERT: India is undergoing a severe Covid-19 crisis that will

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