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GIA to Roll Out Gem Guide Across Africa
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The Gemological Institute ofAmerica (GIA) has committed $1.3 million to deploying its free gemology guidefor artisanal miners across multiple countries in Africa. The kit will be available to 10,000 miners over four years inMadagascar,...
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Mining
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Oct 22, 2019
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Rapaport News
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DEF Invests in Education on Three Continents
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The Diamond Empowerment Fund (DEF) has grantedits largest-ever award, to be shared among nine beneficiaries across three continents.The $470,000 training and education grant,released early last week, is designed to support girls’ education,entrepreneurship and youth...
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Financial-Legal
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Oct 15, 2019
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Rapaport News
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WDC Exec Ranked Among Africa’s Most Influential
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Marie-Chantal Kaninda, executive director of the WorldDiamond Council (WDC), was named as one of the 100 most influential women inAfrica by Forbes Afrique.Kaninda, who joined the WDC in March 2017, was noted forher work to further...
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Mining
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Jul 11, 2019
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Rapaport News
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De Beers Reduces Sightholder Supply
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De Beers sightholders are bracing for lower rough supplyfor the rest of 2019 as the miner reduces its production and fulfills itscommitments to support local manufacturing in Africa.The company expects production to drop as its Victor minein...
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Rough Markets
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Apr 08, 2019
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Joshua Freedman
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Martin Rapaport New Year Message
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Dear Friends,Greetings and best wishes for a happy, healthy, prosperousand peaceful New Year. The New Year is an important time for introspection. Forthinking about our past, present and future. This New Year has...
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Fair Trade
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Dec 20, 2018
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Martin Rapaport
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Namibia Predicts Diamond-Sector Slowdown
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Economic growth from Namibia’s diamond-mining sector willslow this year due to depletion of resources from inland deposits, its nationalbank said. While the industry’s contribution to gross domestic product(GDP) will increase 11% in 2018, that...
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Mining
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Jul 09, 2018
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Rapaport News
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De Beers, Botswana Prep for New Sales Deal
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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...
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Mining
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Jul 09, 2018
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Avi Krawitz
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GJEPC Predicts Strong Year for Jewelry
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India’s gem and jewelry exports will grow by adouble-digit percentage this year, Pramod Agrawal, the newly elected chairman ofthe Gem & Jewellery Export Promotion Council (GJEPC), predicted this week. The high...
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Polished Markets
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Feb 13, 2018
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David Brough
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Alrosa Names Head of Africa Projects
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Alrosa has appointed Vladimir Marchenko (pictured) as vice presidentresponsible for the Russian miner’s operations in Africa.The company has a 33% stake in Catoca, a diamond-miningproject in Angola, and plans to increase its share, it said last week. Theminer...
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Mining
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Sep 26, 2017
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Rapaport News
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‘Crown of Light’ Brand Hits $100M Milestone
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Sales of “Crown of Light” diamonds exceeded $100 million in 2016, hitting the milestone 10 years after brand owner Almod Diamonds launched its manufacturing operations, the company reported Monday.The 90-facet patented cut is one of the...
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Manufacturing
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Jun 20, 2017
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Rapaport News
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Fabergé Shows ‘Encouraging’ Growth
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Fabergé, the famed jewelry brand owned by Gemfields, recorded a 63% jump in unitsales during the third fiscal quarter, as the miner expanded its marketing efforts for the luxury business division.The number of actual sales...
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Retail
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May 16, 2017
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Rapaport News
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Lucapa Weighs Floating on London’s AIM
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Lucapa Diamond Company, which this year discovered Angola'slargest diamond, is considering a listing on London's Alternative InvestmentMarket (AIM), The Daily Telegraph reported.The move comes after the company said it is expanding itsoperations and hunting for...
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Mining
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Jul 04, 2016
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Rapaport News
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Pope Warns Africa’s Illegal Diamond Trade Abets Crime, Terrorism
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PopeFrancishas warned Africa’s illegal trade in diamonds and other precious resources abetscriminal activities and terrorism while undermining political stability.“Human selfishness” and the abuse of the poor and excludedrisked tearing Africa into pieces,...
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Fair Trade
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Nov 30, 2015
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Rapaport News
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Manufacturing
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Nov 25, 2015
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Rapaport News
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Murowa Mine Working to Boost Production After Rio Tinto Exit
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Zimbabwe’s Murowa mine, formerly controlled by Rio Tinto, isset for a return to diamond production, after earlierfears that it was shutting down following the key investor’s exit.The mine is working on boosting production, Zimbabweannewspaper The Chronicle...
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Mining
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Nov 11, 2015
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Rapaport News
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Diamond Empowerment Fund Awards Higher-Education Grants
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The Diamond Empowerment Fund (DEF) donated $122,500 to the African Leadership Academy (ALA) to help “outstanding” young students gain access to higher education.ALA co-founders Fred Swaniker, a former consultant at McKinsey & Company, and Chris...
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Polished Markets
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Oct 05, 2015
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Rapaport News
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De Beers Names Shining Light Award Winners
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De Beers announced the winners of the 18th annual Shining Light Awards, selecting Lilja Pesanka Hastie, from the Tshwane University of Technology in Pretoria to receive the highest accolade: The Forevermark Promise Award. Hastie was...
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Marketing
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Jul 10, 2015
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Jeff Miller
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WDC Offers Support to ADPA in Dealing With Ebola
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Press Release: The World Diamond Council (WDC) has made contact with the African Diamond Producers Association (ADPA), offering its support in dealing with the impact on the mining sector of the Ebola crisis...
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Rough Markets
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Nov 06, 2014
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WDC
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Manufacturing
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Jul 16, 2014
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Jeff Miller
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Guiding Principles
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The annual Rapaport Fair Trade Conference that took place in Las Vegas in June sought to develop a broad set of values that would promote greater corporate social responsibility (CSR) across the jewelry supply chain....
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Fair Trade
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Jun 27, 2014
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Rapaport News
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