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Was Vegas Worth the Gamble
Was Vegas Worth the Gamble?
As rain fell for about five minutes on the typically sunbaked Las Vegas strip on the opening day of the JCK show, one couldn’t help but sense things might be a bit different this year. Was...
Mining Jun 13, 2019 Avi Krawitz
Mountain Province
Promising New Kimberlite Found at Gahcho Kué
Geologists have discovered the first new kimberlite pipe in over 20 years at the Gahcho Kué mine in Canada, shareholder Mountain Province reported Tuesday.The find comes nearly three years after production launched at Gahcho Kué,...
Mining Jun 12, 2019 Rapaport News
Swarovski 150
Swarovski Plans Move into Natural Diamonds
Swarovski, the Austrian jeweler famous for its cut-glass crystals, is preparing to launch its natural diamond operations, Nadja Swarovski, head of corporate communications and design services, said in a panel discussion at the JCK Las Vegas...
Polished Markets May 31, 2019 Avi Krawitz
Caryl Capeci Chow Tai Fook
Chow Tai Fook Launches US Hub
Hong Kong-based jeweler Chow Tai Fook has launched abusiness hub in Boston that will supply products and services to US retailers. Chow Tai Fook North America (CTFNA) will operate as awholesaler, offering customized diamond...
Polished Markets May 08, 2019 Rapaport News
Dollars and Jewelryq
Diamond Prices Soften Despite US Stability
RAPAPORT PRESS RELEASE, May 7, 2019, Las Vegas … Polished-diamond prices declined in April due to continued oversupply and selective Far East demand. US jewelry sales remain firm, helping to support the global trade. The RapNet...
Polished Markets May 07, 2019 Rapaport
Podcast
Podcast: Who’s Right – De Beers or the GIA?
Provenance and lab-grown diamonds have dominated the industry’s conversation for some time, but developments in 2019 have made them the year’s strongest news themes. In the 13th edition of the Rapaport Diamond Podcast,...
Polished Markets May 02, 2019 Rapaport News
Jewelry store New York diamond district
US Trade Confident as Polished Imports Surge
Dealers expressed optimism for the US diamond marketafter polished imports rose last year to their highest level since 2014.Shipments to the country jumped 8% to $23.3 billion in2018, according to the US Census Bureau, despite more modest...
Polished Markets Apr 03, 2019 Joshua Freedman
Rough from DPA
Profits Tight Amid Slow Diamond Trading
RAPAPORT PRESS RELEASE, April 2, 2019, Las Vegas … Diamond market sentiment was soft in March, after the Hong Kong and Basel shows failed to boost trading in a significant way. The first quarter was weaker...
Polished Markets Apr 02, 2019 Rapaport
GIA Diamond Origin Report
GIA Unveils New Diamond Origin Report
The Gemological Institute of America (GIA) is rolling out a new grading report that will highlight the country from which a diamond was recovered. The company will issue the Diamond Origin Report for stones...
Polished Markets Mar 28, 2019 Rapaport News
Diamond Market
Diamond Market Sees Selective Demand
RAPAPORT PRESS RELEASE, March 5, 2019, Las Vegas … Diamond dealers remained cautious in February amid excess supply and selective demand. Suppliers had low expectations for the important Hong Kong International Diamond, Gem...
Polished Markets Mar 05, 2019 Rapaport
Lab-Grown Meat
Synthetics: The Meat of the Matter
In a bold and somewhat savvy move back in January 2018, Tyson Foods, one of the largest food-processing companies in the US, took a minority stake in Memphis Meats, a startup in the budding cultured-meat industry. Despite the deal’s...
Polished Markets Feb 21, 2019 Avi Krawitz
Loupe & Polished diamonds
Diamond Prices Slide as Year Begins with Caution
RAPAPORT PRESS RELEASE, February 5, 2019, Las Vegas … Polished-diamond prices softened in January as US restocking proved slower than expected after the holiday season, and as Far East buyers took vacation ahead of the Chinese New...
Polished Markets Feb 05, 2019 Rapaport
Chow Tai Fook TST Hong Kong
Chow Tai Fook Sales Dip on Economic Slowdown
Chow Tai Fook followed a string of major retailers that have noted a slowdown in greater China as the jeweler's same-store sales fell in the three months that ended December 31. “A decline in same-store sales was recorded...
Retail Jan 15, 2019 Rapaport News
Pluczenik Marketing
Pluczenik Appeals Nagel Court Ruling
A five-year dispute between diamond manufacturer Pluczenik and broker W. Nagel is set to continue, despite a recent court ruling. Pluczenik has submitted an appeal to the UK Supreme Court, seeking to overturn a directive for its Belgium-based business to pay...
Polished Markets Dec 26, 2018 Avi Krawitz
Niru Loupe
Niru Group, EZ Diamonds Join Forces
Two of the largest suppliers of better-quality, small polished diamonds have combined their operations, signaling further consolidation in the diamond-manufacturing sector. A joint venture between Niru Group and EZ Diamonds will bring EZ’s supply of round...
Polished Markets Dec 26, 2018 Avi Krawitz
Podcast
Podcast: Scandal, Synthetics and No-Shows
Whether it’s a blessing or curse, we’re certainly living in interesting times, and 2018 delivered a host of standout developments that will have a lasting impact on the diamond industry. In the latest Rapaport Diamond Podcast, the editorial...
Polished Markets Dec 20, 2018 Rapaport News
Alrosa rough
‘Diamonds and Lies’ Exposes the Real Fake
In the era of fake news and synthetic diamonds, it was a matter of time before the two would meet. They did so recently in the form of editorials in the South China Morning Post (SCMP) and on the Russia...
Polished Markets Dec 06, 2018 Avi Krawitz
Small Rough Diamonds
Small-Diamond Slump to Pressure Manufacturers
RAPAPORT PRESS RELEASE, December 4, 2018, New York… The sharp decline in prices of small, low-value diamonds will exert further pressure on India’s manufacturing sector, according to the latest issue of the Rapaport Research Report. Prices...
Polished Markets Dec 04, 2018 Rapaport
Small Rough
Analysis: A Crisis in Melee
Among the standout trends that have taken shape in the diamond trade this year is the poor performance of small and cheaper stones. But the drop in the so-called melee market has not been...
Polished Markets Nov 27, 2018 Avi Krawitz
Artisinal Mining
CAR Appeals for Wider Diamond Clearance
The Central African Republic (CAR) is hoping this week’s Kimberley Process (KP) meeting will help raise its rough-diamond exports. Mining Minister Leopold Mboli Fatran is appealing to the KP to approve nine additional zones from...
Rough Markets Nov 12, 2018 Avi Krawitz
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