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Was Vegas Worth the Gamble?
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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...
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Mining
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Jun 13, 2019
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Avi Krawitz
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Promising New Kimberlite Found at Gahcho Kué
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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,...
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Mining
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Jun 12, 2019
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Rapaport News
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Swarovski Plans Move into Natural Diamonds
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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...
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Polished Markets
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May 31, 2019
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Avi Krawitz
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Chow Tai Fook Launches US Hub
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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...
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Polished Markets
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May 08, 2019
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Rapaport News
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Diamond Prices Soften Despite US Stability
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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...
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Polished Markets
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May 07, 2019
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Rapaport
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Podcast: Who’s Right – De Beers or the GIA?
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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,...
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Polished Markets
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May 02, 2019
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Rapaport News
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US Trade Confident as Polished Imports Surge
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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...
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Polished Markets
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Apr 03, 2019
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Joshua Freedman
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Profits Tight Amid Slow Diamond Trading
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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...
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Polished Markets
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Apr 02, 2019
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Rapaport
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GIA Unveils New Diamond Origin Report
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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...
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Polished Markets
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Mar 28, 2019
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Rapaport News
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Diamond Market Sees Selective Demand
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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...
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Polished Markets
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Mar 05, 2019
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Rapaport
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Synthetics: The Meat of the Matter
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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...
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Polished Markets
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Feb 21, 2019
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Avi Krawitz
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Diamond Prices Slide as Year Begins with Caution
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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...
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Polished Markets
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Feb 05, 2019
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Rapaport
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Chow Tai Fook Sales Dip on Economic Slowdown
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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...
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Retail
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Jan 15, 2019
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Rapaport News
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Pluczenik Appeals Nagel Court Ruling
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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...
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Polished Markets
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Dec 26, 2018
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Avi Krawitz
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Niru Group, EZ Diamonds Join Forces
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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...
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Polished Markets
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Dec 26, 2018
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Avi Krawitz
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Podcast: Scandal, Synthetics and No-Shows
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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...
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Polished Markets
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Dec 20, 2018
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Rapaport News
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‘Diamonds and Lies’ Exposes the Real Fake
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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...
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Polished Markets
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Dec 06, 2018
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Avi Krawitz
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Small-Diamond Slump to Pressure Manufacturers
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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...
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Polished Markets
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Dec 04, 2018
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Rapaport
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Analysis: A Crisis in Melee
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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...
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Polished Markets
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Nov 27, 2018
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Avi Krawitz
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CAR Appeals for Wider Diamond Clearance
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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...
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Rough Markets
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Nov 12, 2018
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Avi Krawitz
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