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Petra Cullinan mine plant
Petra Prices Fall 24% at South Africa Tender
Rough prices slumped at Petra Diamonds’ March tenders in South Africa and Antwerp as the severe slowdown in the
News Mar 29, 2020 Rapaport News
GJEPC
GJEPC Donates $6.7M in Coronavirus Aid
The Gem & Jewellery Export Promotion Council (GJEPC) will contribute a sum from its own reserves
News Mar 29, 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,
News Mar 29, 2020 Rapaport News
Venetia mine
De Beers Cuts Venetia Workforce During Lockdown
De Beers will reduce its worker head count at its sole diamond mine in South Africa by around 75%
News Mar 29, 2020 Rapaport News
Chow Sang Sang
COVID-19 Has ‘Alarming’ Impact on Chow Sang Sang
COVID-19 heavily affected sales at Hong Kong-based jeweler Chow Sang Sang in the first two months of 2020,
News Mar 29, 2020 Rapaport News
Pandora
Pandora Hires Ex-H&M Exec to Help Revamp
Pandora has hired Martino Pessina as chief commercial officer as part of its efforts to restructure the company and
News Mar 29, 2020 Rapaport News
Rapaport Logo
Rapaport Weekly Market Comment
Coronavirus brings unprecedented disruption to diamond industry as US retail, India manufacturing and South Africa mining shut down.
News Mar 26, 2020 Rapaport News
India Diamond Week Launches 150
India: Trading Collapses Amid Virus Shutdown
Trading collapsed due to coronavirus shutdown in all key retail markets. Rising concerns about spread of COVID-19 within
Statistics Mar 26, 2020 Rapaport News
Zales store in Wesley Chapel, Florida
Strong Holiday Lifts Signet to 4Q Profit
Signet Jewelers returned to profit in the fourth fiscal quarter and recorded growth in same-store sales, as the company’s
News Mar 26, 2020 Rapaport News
GIA report
GIA Reduces Services Across the World
The Gemological Institute of America (GIA) has closed most of its laboratories and educational centers due to the
News Mar 26, 2020 Rapaport News
Alrosa
Alrosa Launches Digital Tender for Large Rough
Alrosa has introduced a digital auction for its large rough diamonds in an effort to minimize disruption to its sales
News Mar 26, 2020 Rapaport News
WJA
Jewelry Groups Urge Govt. to Support Retailers
Three jewelry groups have joined the National Retail Federation (NRF) in its efforts to help small US retailers
News Mar 26, 2020 Rapaport News
Rough diamond
De Beers Enables 100% Deferrals at March Sight
De Beers is allowing sightholders unlimited deferrals at its upcoming rough-diamond sale as manufacturing closures have obliterated demand, market
News Mar 26, 2020 Joshua Freedman
Martin Rapaport
Rapaport Suspends Price List Until May 1
The Rapaport Group will not publish the Rapaport Price List until May 1, after putting the
News Mar 26, 2020 Rapaport News
Petra Finsch mine
South Africa, Lesotho Mines Set for Shutdown
Petra Diamonds, Gem Diamonds, Firestone Diamonds and Lucapa Diamond Company are suspending operations at their mines
News Mar 25, 2020 Rapaport News
Gemfields
Gemfields Bounces Back into the Black
Gemfields recorded a profit in 2019 as the cancellation of a Zambian export duty bolstered the value of the company’s Kagem
News Mar 25, 2020 Rapaport News
IIJS Signature 2020
India Eases Trade’s Financial Burden
India’s government has approved concessions to ease the financial situation for diamond and jewelry businesses after
News Mar 25, 2020 Rapaport News
Christies NY 150
Christie’s Delays NY, Geneva Jewelry Auctions
Christie’s has pushed back its New York and Geneva jewelry sales as the coronavirus spreads around
News Mar 25, 2020 Rapaport News
Mountain Province
Mountain Province Loss Widens Amid Weak Pricing
Mountain Province’s losses intensified in 2019 as weaker anticipated diamond prices led to the devaluation of its Gahcho Kué
News Mar 24, 2020 Rapaport News
Stuller
More Jewelers Close Up Shop Due to COVID-19
A number of jewelers and manufacturers are shutting temporarily following government orders amid the coronavirus outbreak.Stuller has
News Mar 24, 2020 Rapaport News
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