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Rapaport Weekly Market Comment
Rising expectations for Las Vegas shows. Good demand for 0.70 to 1.99 ct., G-J, VS-SI, RapSpec
Polished Markets May 16, 2019 Rapaport News
India Flag
India: Dealer Trading Quiet
Cautious mood amid rumors more businesses closing. Dealer trading quiet with many extending their summer
Research May 16, 2019 Rapaport News
Siba Diamond
118ct. Yellow Smashes Estimate at Christie’s
A diamond bought in memory of late diamantaire Sam Abram sold for more than double its high estimate
Polished Markets May 16, 2019 Rapaport News
Sam Abram
‘King of the Blues’ Sam Abram Dies
The diamond industry lost one of its most colorful characters when Sam Abram died last week
Polished Markets May 16, 2019 Rapaport News
De Beers Namibia
De Beers to Build $468M Diamond-Mining Ship
De Beers will increase production at Debmarine Namibia by 500,000 carats per year through the construction of a new diamond-recovery
Mining May 16, 2019 Rapaport News
Alrosa Purple
11ct. Purple Expected to Fetch Over $10M
Hong Kong-based M&B Limited expects to sell a record-setting purple diamond for more than $10 million, after
Polished Markets May 15, 2019 Rapaport News
jewelry tariffs 150
US Tariff Hike Could Impact Jewelry Trade
The US diamond and jewelry industry is facing the possibility of higher tariffs on goods from China as the trade
Retail May 15, 2019 Rapaport News
Sotheby's
Storied Necklace Makes Bold Return at Sotheby’s
Sotheby’s brought in $42 million at its Geneva auction this week as an emerald and diamond necklace with royal
Polished Markets May 15, 2019 Rapaport News
HK Data
Hong Kong Polished Imports Slip in 1Q
Polished-diamond imports to Hong Kong declined 3% in the first quarter, according to data from the Diamond Federation of Hong
Polished Markets May 14, 2019 Rapaport News
Legacy of the Cullinan Mine 150
Petra Sells 425ct. Diamond for $15M
Petra Diamonds sold a 425-carat white diamond from its Cullinan mine in South Africa for just under
Mining May 14, 2019 Rapaport News
Israel Diamond Exchange
Synthetics: Coming to a Bourse Near You?
The rise of lab-grown diamonds might finally be trickling through to the historic heart of the trade: the diamond
Polished Markets May 14, 2019 Joshua Freedman
Renard underground 150
Stornoway Loss Deepens Amid Slow Market
Stornoway Diamond Corporation fell deeper into the red in the first quarter, as rough prices softened, it said
Mining May 14, 2019 Rapaport News
Cartier lawsuit
Cartier, Van Cleef Sue Alleged Counterfeiter
Cartier and Van Cleef & Arpels have filed a lawsuit against a Florida jeweler, claiming willful infringement
Financial-Legal May 13, 2019 Rapaport News
Alrosa
Weak Indian Demand Dents Alrosa Sales
Sales at Alrosa fell 21% year on year to $318.7 million in April amid a continued slowdown in the Indian manufacturing
Mining May 13, 2019 Rapaport News
Watches of Switzerland
Watches of Switzerland to Go Public
Watches of Switzerland will proceed with an initial public offering (IPO) on the London Stock Exchange in an effort to reduce
Retail May 13, 2019 Rapaport News
Leo Schachter
Trade Mourns Death of Leo Schachter
Leo Schachter, whose famed international diamond company has borne his name for almost 70 years, died
Polished Markets May 12, 2019 Rapaport News
Mountain Province
Mountain Province Upbeat on Production
Shares in Mountain Province rose 12% Friday after it increased its production guidance for the Gahcho Kué
Mining May 12, 2019 Rapaport News
Almas Tower
Dubai Exchange Holds First Lab-Grown Tender
The Dubai Multi Commodities Centre (DMCC) will offer rough lab-grown diamonds at tender for the first
Rough Markets May 12, 2019 Rapaport News
Lucara
New Tender Schedule Boosts Lucara Results
Lucara Diamond Corp.’s revenue nearly doubled in the first quarter, as it introduced a new tender process which enables
Mining May 12, 2019 Rapaport News
Gem Diamonds
Large-Stone Recoveries Fall at Gem Diamonds
Gem Diamonds’ revenue faltered during the first quarter, as it recovered fewer large diamonds from its Letšeng
Mining May 12, 2019 Rapaport News
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