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DelGatto Koin
DelGatto and Koin Partner on Tender Financing
DelGatto Diamond Finance will provide funding directly to customers of rough and polished tender operator Koin International. “All buyers can obtain financing,” DelGatto founder Chris Del Gatto told Rapaport News Wednesday. “It...
Rough Markets Jan 23, 2020 Leah Meirovich
RetailRap
How to Sell Luxury Products to Millennials
Millennial consumers are independent, vocal, tech-savvy and used to getting what they want. They have disposable income and aren’t afraid to spend it on things they believe add value to their lives, no matter the price...
Retail Jan 22, 2020 Leah Meirovich
AWDC
Belgium Tightens Access to Diamond Trade
Belgium has introduced legislation requiring managers of diamond companies to prove their good conduct and knowledge of money-laundering laws.The rules, passed in November by royal decree, are intended to control access to the sector and came after...
Financial-Legal Jan 09, 2020 Leah Meirovich
Link Chains Alexander McQueen
The Jewelry That’s Set to Sparkle in 2020
Whether it’s big, bold, bright or ball-shaped, this year’s jewelry will be all about making a statement. Staying true to the millennial fashion ethos, responsibly sourced materials and new, unique styles will play a big...
Retail Jan 01, 2020 Leah Meirovich
Top Diamonds of 2019
Diamonds That Created a Buzz in 2019
It was another big year for big diamonds, with several stones that raked in big bucks, set records, or otherwise made headlines. These were the stones that caught our attention in 2019.Biggest money makers1....
Polished Markets Dec 31, 2019 Leah Meirovich
Ethical Credentials
Tips for Promoting Ethical Credentials
When it comes to the jewelry industry’s future, consumer trust is essential. Recent research shows that a vast majority of customers are more disposed to purchase a product from a company that advocates for an issue they care about....
Marketing Dec 30, 2019 Leah Meirovich
female self-purchasers
How to Sell to Female Self-Purchasers
It shouldn’t be a novel idea, but in the jewelry industry,it’s practically revolutionary. Unlike in almost every other fashion andaccessory retail sector, the idea of jewelers targeting female shoppers asdirect consumers only began to emerge fully in the...
Retail Dec 23, 2019 Leah Meirovich
GSI
Lab Warns of Color Instability in CVD
Synthetic diamonds grown using chemical vapor deposition (CVD) could change color for an extended period following exposure to certain light forms, Gemological Science International (GSI) has warned. When testing a 2-carat CVD diamond,GSI...
Technology Dec 04, 2019 Leah Meirovich
Zvi Yehuda 150
Zvi Yehuda: The Industry’s Idea Man
Zvi Yehuda is a man of few words, but his accomplishments inthe diamond industry speak volumes. The 82-year-old Israel native is thecreator of numerous inventions that have changed the face of the trade, andeven the face...
Manufacturing Nov 20, 2019 Leah Meirovich
Argyle Pinks
Labs Identify Fingerprint for Argyle Pinks
Two gem labs have joined forces to identify a method for determining whether a pink diamond came from the Argyle mine in Australia, and are issuing lab reports confirming their provenance.Beginning in 2014, the team,...
Polished Markets Nov 04, 2019 Leah Meirovich
WFDB
Blom Urges KP to Define Systemic Violence
The war on conflict diamonds will remain at a standstilluntil the industry can agree on what constitutes systemic violence, according to World Federation of Diamond Bourses (WFDB) president Ernie Blom. The lack of agreement on the matter is preventing...
Polished Markets Jul 29, 2019 Leah Meirovich
Rui Galopim de Carvalho
Whose Jewelry Box Would You Raid?
Oprah Winfrey or Victoria Beckham? Rapaport Magazine asked four industry members to name the celebrity whose bling they would love to access. Here are their answers.Elisabeth Austin Founder, DiamondRunway.comDo I get to “keep” or do I only get...
Polished Markets Jul 24, 2019 Leah Meirovich
WFDB External Advisor
Peter Meeus to Advise WFDB on Synthetics
The World Federation of Diamond Bourses (WFDB) has hiredPeter Meeus as an external adviser. He will be responsible for helping theorganization fine-tune its position on lab-grown diamonds and other industrymatters. Synthetic diamonds are a huge concern in the...
Polished Markets Jun 27, 2019 Leah Meirovich
Iherzolite
De Beers Identifies New Kimberlite Indicator
The discovery of a new source-rock indicator for diamondformation has the potential to help geologists locate and identify valuablediamond deposits around the world, a study by the University of Alberta and DeBeers shows. “The outcome of the...
Mining Jun 27, 2019 Leah Meirovich
De Beers earrrings
De Beers Closes Diamond-Reselling Unit
De Beers is shutting its diamond-recycling division, as digital advancements in the sector have lessened the need for its services. The International Institute of Diamond Valuation (IIDV) wasset up in 2016 to repurchase and recycle diamond jewelry that...
Polished Markets Apr 04, 2019 Leah Meirovich
CAR
CAR Invites De Beers and Alrosa to Mine Its Diamonds
The Central African Republic (CAR) is trying to entice large diamond-mining companies to set up operations in thecountry, as part of its effort to reform the sector and meetKimberley Process (KP) regulations. The government has already contacted both...
Mining Apr 02, 2019 Leah Meirovich
Lucapa
Lucapa Moves into Diamond Manufacturing
Lucapa Diamond Company plans to cut and polish select stonesin-house in an effort to maximize value for its shareholders.Third-party manufacturers charge high fees without adding significant value, explained CEO Stephen Wetherall in a recent interview. Bypassing...
Mining Feb 24, 2019 Leah Meirovich
Helzberg Diamonds
Helzberg Diamonds Launches Synthetics Line
Helzberg Diamonds has launched its owncollection of lab-grown jewelry, Light Heart, citing increased consumer demand for synthetics. The jeweler — owned by Warren Buffett’s Berkshire Hathaway— first introduced the line late last year...
Retail Feb 13, 2019 Leah Meirovich
Marange DMS Plant
Zimbabwe Plans Production Hike in 2019
Zimbabwe Consolidated Diamond Company (ZCDC) expects a 46% jumpin its rough-diamond production in 2019. The nation’s rough-diamond output will reach 4.1 millioncarats this year, up from 2.8 million last year, the miner told...
Mining Feb 11, 2019 Leah Meirovich
TCWR 150
Canada’s Ice Road Opens for Milestone Year
February is a crucial time for Canada’s diamond mines.Located in the most remote region of the country’s frozen Northwest Territories(NWT), Rio Tinto, Dominion Diamond Mines and De Beers have a two-month windowto connect their mining operations...
Mining Feb 07, 2019 Leah Meirovich
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