|
|
|
Rough Slowdown Weighs on Asian Star
|
|
Sales and profit slumped at Indian diamond manufacturerAsian Star in the second fiscal quarter as weak rough demand prompted it to reduceits trading activities. The Mumbai-based company supplements its core cuttingbusiness by reselling rough through its...
|
|
|
Manufacturing
|
Nov 18, 2019
|
Joshua Freedman
|
|
|
|
|
|
Synova Launches Automated Cutter
|
|
A technology provider part-owned by De Beers has unveiled anautomated cutting machine that, it claims, will significantly speed up diamondmanufacturing and reduce costs. Synova’s DaVinci system is the market’s first automated instrument that can produce all...
|
|
|
Manufacturing
|
Sep 26, 2019
|
Rapaport News
|
|
|
|
|
|
De Beers, Botswana Prep for New Sales Deal
|
|
Botswana once again finds itself at a crossroads. The sparsely populated,landlocked country is in a constant battle to ensure the longevity of itsdiamond industry.Recognizing that diamond mining will not last forever, thegovernment’s beneficiation program has sought to establish...
|
|
|
Mining
|
Jul 09, 2018
|
Avi Krawitz
|
|
|
|
|
|
Tiffany to Close Antwerp Polishing Facility
|
|
Tiffany & Co.’s manufacturing unit, Laurelton Diamonds,plans to shut its polishing center in Antwerp, shifting the operations to its otherworkshops in Botswana, Cambodia, Mauritius and Vietnam. Laurelton will continue to carry out rough sourcing,sorting, marking...
|
|
|
Manufacturing
|
Mar 15, 2018
|
Joshua Freedman
|
|
|
|
|
|
Diamond Midstream Improving Efficiency, Says Bain
|
|
Tough market conditions are forcing diamond traders andmanufacturers to adjust their business models amid sluggish consumer demand, accordingto a report by management consultancy Bain & Company. While miners’ sales of rough diamonds to the midstreamleapt...
|
|
|
Manufacturing
|
Dec 13, 2017
|
Rapaport News
|
|
|
|
|
|
Alrosa Moving to Annual Rough Allocations
|
|
Alrosa will start assessing its clients’rough-diamond needs annually rather than every three years, beginning in its next contract period — a move that will give the Russianminer more opportunity to match supply with demand.At...
|
|
|
Mining
|
Nov 06, 2017
|
Rapaport News
|
|
|
|
|
|
Dubai Factory to Cut 813ct. Constellation
|
|
Dubai’s first diamond-manufacturing facility, which officially opened Tuesday, has been tasked with cutting and polishing the world’s most valuable rough diamond. Almas Diamond Services set up the factory with an investment of $1.8...
|
|
|
Manufacturing
|
Oct 19, 2017
|
Avi Krawitz
|
|
|
|
|
|
Almod Diamonds to Open Canada Cutting Factory
|
|
New York-based Almod Diamonds will expand production of its patented 'Crown of Light' cut by opening a new cutting andpolishing facility in Canada’s Northwest Territories next year.Almod, an affiliate of retailer Diamonds International, saidit will set up a factory...
|
|
|
Manufacturing
|
Dec 21, 2016
|
Rapaport News
|
|
|
|
|
|
Lesedi La Rona Poised For 1H Sale
|
|
Lucara Diamond Corp. plans to sell the 1,109-carat Lesedi LaRona in the first half of next year, after the rough diamond failed to find a buyer at a Sotheby’s auction in June.The stone, which is the second largest rough...
|
|
|
Mining
|
Dec 18, 2016
|
Rapaport News
|
|
|
|
|
|
Kiran Gems Expands With New Surat Factory
|
|
Kiran Gems openeda new factory in Surat in response to the company’s growth and increaseddemand.The 200,000 square-foot facility has capacity for 10,000diamond cutters. It offers advanced planning and cutting technology for allkinds of rough diamonds,...
|
|
|
Manufacturing
|
Aug 07, 2016
|
Rapaport News
|
|
|
|
|
|
Shrenuj's Revenue and Profit Slump in 4Q
|
|
Shrenuj & Co., a Mumbai-based diamond and jewelry manufacturer, reported that sales slumped 47 percent year on year to $156 million (INR 9.97 billion) during its fiscal fourth quarter that ended March 31. Group...
|
|
|
Polished Markets
|
May 29, 2015
|
Ronen Shnidman
|
|
|
|
Manufacturing
|
Mar 25, 2015
|
IDE
|
|
|
|
Research
|
Feb 11, 2015
|
Zainab Morbiwala
|
|
|
|
|
|
Diamond Cutters Approaching Era of Disruption
|
|
Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. “A manufacturer always operates with a benchmark margin, which is the...
|
|
|
Manufacturing
|
Dec 14, 2014
|
Ronen Shnidman
|
|
|
|
|
|
WTOCD Grants Coborn a License for New Polishing Machine
|
|
Press Release: After several positive polishing tests made on industrial super hard materials (PCD, CVD, MCD and pcBN), Coborn Engineering Ltd. decided to acquire a license for WTOCDs’ patented grain independent polishing technology.That...
|
|
|
Technology
|
Oct 20, 2014
|
WTOCD
|
|
|
|
Manufacturing
|
Jul 31, 2014
|
Zainab Morbiwala
|
|
|
|
Financial-Legal
|
Nov 26, 2013
|
Sino-Africa Diamond
|
|
|
|
|
|
Dharmanandan Diamonds Deploys 10 Galaxy / Solaris Systems
|
|
Press Release: Singapore Exchange Mainboard-listed Sarin Technologies Ltd. announced that Dharmanandan Diamonds Pvt. Ltd., in order to meet its growing needs for internal scanning technology acquired additional Galaxy/Solaris systems, thus becoming our...
|
|
|
Technology
|
Oct 14, 2013
|
Sarin
|
|
|
|
The Kingswood Co. Announces Three Years of Double-Digit Growth Rates
|
|
Press Release: The Kingswood Company, the industry’s leading supplier of private-label fine jewelry care products, has announced that in 2012 the company saw a third straight year of average annual growth of 20 percent. Kingswood opened over 100 new accounts during the year, accounting for more...
|
|
|
Marketing
|
Apr 26, 2013
|
Kingswood Co.
|
|
|
|
|
|
Antwerp Organizes a Polishing Course for September
|
|
Antwerp has organized a free diamond polishing course in September to meet increased skill demand. Many of the current polishers are nearing retirement age and over the next two years there will be 55 vacancies, which...
|
|
|
Technology
|
Jun 13, 2012
|
Jeff Miller
|
|
|
