RapNet


Rapaport News

 

Polished Markets

 
Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Stargems, A.A. Rachminov Embark on Joint Venture

Companies will source, manufacture and market South African diamonds.
Mar 12, 2020 5:59 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... 
Stargems, a specialist in sourcing rough diamonds, has partnered with distributor A.A. Rachminov on a manufacturing and marketing program for South African diamonds.

The companies will jointly procure and cut the goods, using Stargems’ sourcing experience and A.A. Rachminov’s expertise in polishing and marketing. Most of the manufacturing will take place at Stargems’ cutting facility in Johannesburg, South Africa, A.A. Rachminov said Tuesday.

“We’ll have the luxury [of being] present from the birth of [the] diamond until it reaches our esteemed client’s hand, enabling better value, top-quality stones, and refined traceability,” said Ori Rachminov, co-owner of the company that bears his name. “We only see incredible potential in this strategic partnership.”

Image: Rough diamonds from a Stargems tender at the Dubai Diamond Exchange in 2018. (Dubai Multi Commodities Centre)
Tags: A.A. Rachminov, Johannesburg, Ori Rachminov, Rachminov, Rapaport News, South Africa, Stargems
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
May 27, 2020
Diamond industry reopening and adjusting to new normal as consumers emerge...
Christie’s to Sell $12M Blue Diamond Ring
Coronavirus Updates: Impact on the Diamond Trade
A Time to Heal
Hong Kong Victoria Harbour.Hong Kong Polished Imports Slump
May 27, 2020
Polished-diamond imports into Hong Kong plummeted 54% to $2.33 billion...
Swiss Watch Exports Down 81% in April
India’s Shipments Drop Sharply in March
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us