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Rapaport Weekly Market Comment
Low expectations for Basel show amid weak large-stone demand and fewer diamond, jewelry and watch
News Mar 20, 2019 Rapaport News
India cutting
India: Polished Trading Slow
Sentiment weak amid slow polished trading. Foreign buyers looking for bargains and pushing for deeper
Statistics Mar 20, 2019 Rapaport News
Nirav Modi
Nirav Modi Arrested in London
Fugitive jeweler Nirav Modi was arrested in central London Tuesday on behalf of Indian authorities, the city’s police
News Mar 20, 2019 Rapaport News
DPA
DPA Offers Course for Retail Associates
The Diamond Producers Association (DPA) has launched an e-learning course for retail associates, with participants getting
News Mar 20, 2019 Rapaport News
Baselworld
Trade Braces for Smaller, Cheaper Baselworld
Baselworld has reduced prices for diamond exhibitors by 10% to 15%, after rising costs had prompted companies
News Mar 20, 2019 Joshua Freedman
India data
India’s Polished Exports Fall in February
India’s polished-diamond exports dropped 4% to $2.34 billion in February, as market weakness continued. A slide in the volume of shipments outweighed
News Mar 19, 2019 Rapaport News
Tiffany thumbnail magazine
Tiffany Provides Glimpse into Future Store Design
With Tiffany & Co. refurbishing its flagship store on New York’s Fifth Avenue, there is a buzz of speculation
News Mar 19, 2019 Joshua Freedman
Swiss Watches
Brexit Stockpiling Boosts Swiss Watch Growth
Swiss watch exports rose in February, as stockpiling in the UK prior to Brexit accounted for 80% of the industry’s worldwide
News Mar 19, 2019 Rapaport News
Debswana
De Beers Extends Jwaneng Mine Life
Debswana, De Beers’ joint venture with Botswana, has launched a new project set to extend the life of its
News Mar 18, 2019 Rapaport News
Diamond Fields
Diamond Fields Pink Sells for $17K/ct.
A pink diamond from Namibia’s offshore drilling program fetched $17,000 per carat at a tender in Antwerp. The 5.71-carat
News Mar 18, 2019 Rapaport News
Alrosa Mir mine
Alrosa’s Mir Site Could Reopen in 2030
Mining operations at Alrosa’s Mir deposit won’t resume until at least 2030, as the company carries out work
News Mar 18, 2019 Rapaport News
IDE Angola
Angola to Hold Rough Tender in Israel
Angola’s national diamond-trading company, Sodiam, has agreed to hold its first rough tender in Israel. Representatives from
News Mar 17, 2019 Rapaport News
CIBJO
CIBJO Calls for Synthetics Treatment Disclosure
The World Jewellery Confederation (CIBJO) has specified the need to disclose treatments when it comes to both natural
News Mar 17, 2019 Rapaport News
AIGS
AIGS Launches App to Prevent Counterfeiting
The Asian Institute of Gemological Sciences (AIGS) has launched a mobile app that can verify its gemstone
News Mar 17, 2019 Rapaport News
Alrosa
Alrosa Profit, Revenue Rise in 2018
Sales of higher-quality stones and an increased average price drove a spike in Alrosa’s profit and revenue in 2018. Profit
News Mar 17, 2019 Rapaport News
Rapaport Logo
Rapaport Weekly Market Comment
Market sentiment weak, with select categories seeing demand. Diamonds between 0.70 ct. and 1.99 ct.
News Mar 14, 2019 Rapaport News
Gem Diamonds 13.33ct pink diamond
Letšeng Pink Sells for Almost $9M
Gem Diamonds has announced the sale of a 13.33-carat pink diamond, discovered in February at its mine in Lesotho, for
News Mar 14, 2019 Rapaport News
Alrosa Euros
Alrosa Testing Payments in Euros
Alrosa has begun accepting payments in euros, as it continues to test the waters with currencies other than dollars.
News Mar 14, 2019 Rapaport News
Peder Tuborgh
Pandora Chairman Quits Amid Reshuffle
Pandora chairman Peder Tuborgh is set to leave the Danish jewelry maker. This comes just one month
News Mar 14, 2019 Rapaport News
Signet
Signet Hires New Financial Chief
Signet Jewelers has appointed Joan Hilson chief financial officer, as part of an effort to strengthen its leadership team.
News Mar 13, 2019 Rapaport News
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Low expectations for Basel show amid weak large-stone demand

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