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Podcast
Podcast: Trends Shaping the Industry
With the holiday season well under way, the Rapaport Diamond Podcast debates different trends taking shape in the retail space. The discussion spans personalization, omnichannel, effective storytelling, being more open-minded, and...
Retail Dec 12, 2019 Rapaport News
De Beers
Diamond Trading Quiet Amid Tight Profits
RAPAPORT PRESS RELEASE, August 6, 2019, Las Vegas … Diamond-market sentiment was weak in July due to tight profits and liquidity. The pressures facing cutters and dealers resulted from high rough supply at inflated prices...
Polished Markets Aug 06, 2019 Rapaport
Firestone
Small-Stone Slump Hits Firestone Revenue
Firestone Diamonds saw a decline in sales during its fiscal fourth quarter due to a drop in demand for small, lower-value diamonds that make up the bulk of its supply. The company reported sales of $12.7 million for...
Mining Jul 29, 2019 Rapaport News
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
De Beers Collage
Five Features Steering De Beers’ Future
De Beers is strengthening its position in the diamond market without obsessing about production, after having made some bold moves in recent years. It has now emerged as a vertically-integrated diamond company. It appears management has long recognized...
Polished Markets Aug 23, 2018 Avi Krawitz
Plump Club
Plumb Club Names New President
The Plumb Club, an alliance of suppliers to the jewelry,diamond and watch industries, has elected Michael Lerche of Goldstar Jewelleryas its president. Lerche (pictured) will succeed Jonathan Cohen of IB Goodman Company,who has stood down after...
Polished Markets Jul 18, 2018 Rapaport News
JCK Pic
Diamond Prices Stable Through Vegas Shows
RAPAPORT PRESS RELEASE, June 5, 2018, New York… Diamond prices were stable in May as businesses focused on the Las Vegas shows that began on May 30. The JCK fair was relatively slow, with fewer...
Polished Markets Jun 05, 2018 Rapaport
Diamond jewelry
DPA to Amplify Female Self-Purchasing Message
The Diamond Producers Association (DPA) is planning a campaign focused on boosting demand among female self-purchasers. “We’ve started the creative process with the idea of expanding the territory of our Real is Rare campaign,” CEO Jean-Marc...
Marketing Jun 05, 2018 Avi Krawitz
Gem Diamonds 115ct
Gem Diamonds Unearths 115ct. Rough
Gem Diamonds has recovered a 115-carat rough stone from its Letšengmine in Lesotho, it said Tuesday. The white, type IIa stone is the ninth over 100 carats the miner has foundthis year. In comparison, the...
Mining May 22, 2018 Rapaport News
Diamond jewelry
Diamond Demand Hits $82B High – De Beers
Global consumer demand for diamond jewelry grew 2% to anall-time record of $82 billion in 2017 amid a strong US market and a recoveryin greater China, De Beers reported Thursday.US demand rose 4% to $43 billion for the year as the...
Retail May 17, 2018 Rapaport News
NCDIA 150
Vegas to Host Panel on Colored Diamonds
The Natural Color Diamond Association (NCDIA) will hold aseminar during the upcoming JCK Las Vegas show, to be moderated by Rapaport Editor in Chief Sonia EstherSoltani.The series, which will discuss the benefits of naturaldiamonds and...
Polished Markets Apr 30, 2018 Rapaport News
Lucara 150
Lucara Recovers 327ct. Rough Stone
Lucara Diamond Corp. has unearthed a 327-carat rough diamondfrom its Karowe mine in Botswana. The high-color white diamond is the eighth over 100 carats that Lucara has found this year, and the ninth...
Mining Apr 29, 2018 Rapaport News
Rio Tinto 150
Argyle Boosts Rio Tinto Production
Diamond production at Rio Tinto rose 11% year on year to 4.6million carats in the first quarter of 2018, driven by an increase in outputfrom its Argyle mine. The Australia-based operation yielded nearly 3.6 million caratsin the first...
Mining Apr 22, 2018 Rapaport News
Chris DelGatto 150
Investors to Inject $500M into New Diamond Fund
A new fund for diamond companies is set to launch, aiming to provide an easier way for firms to obtain credit.“The diamond industry is in a major state of flux, with all the major commercial banks exiting the space,” Chris...
Polished Markets Apr 16, 2018 Leah Meirovich
Lucara 150
Lucara Unearths 472ct. Rough Stone
Lucara Diamond Corp. has recovered a 472-carat rough diamond, thethird largest from its Karowe mine in Botswana. The stone is “top light brown,” meaning it has a relativelylow color grade. “In 2018, mining at Karowe is focused...
Mining Apr 15, 2018 Rapaport News
Stornoway 150
37ct. Diamond Boosts Stornoway Prices
Stornoway Diamond Corporation saw rough prices rise in thefirst quarter, driven by a resurgent market and the sale of its most expensive stoneto date. The miner achieved an average price of $112 per carat forthe three...
Mining Apr 12, 2018 Rapaport News
shutterstock photo 150
Diamond Trading Slows in March
RAPAPORT PRESS RELEASE, April 11, 2018, New York: Diamond prices stabilized in March, but sentiment softened after a positive start to the year. Dealers were disappointed with the Hong Kong diamond show, while...
Polished Markets Apr 11, 2018 Rapaport
Titan 150
Titan Predicts Boost from India’s Crackdowns
Titan Company expects to reap the benefits of increasedregulation in the Indian jewelry market, the retailer said after reporting ajump in quarterly sales. Stricter credit conditions and a crackdown on illegalbehavior — which have come under focus...
Retail Apr 10, 2018 Rapaport News
Diavik Mine 150
Man Charged with Stealing Diamonds at Diavik Mine
The Royal Canadian Mounted Police (RCMP) has arrestedand charged a man accused of stealing diamonds at the Diavik mine, the force saidWednesday. Samson Mkhitaryan is suspected of stealing more than $3,860 (CAD 5,000) in diamonds. The...
Mining Mar 08, 2018 Rapaport News
Carat+
Antwerp Groups Join Forces with Carat+
Easyfairs has partnered with the Federation of BelgianDiamond Bourses (FBDB) and the Antwerp World Diamond Centre (AWDC) to presentthe upcoming Carat+ show. “This partnership allows us to associate the Antwerp diamondsector and its organizations...
Polished Markets Mar 05, 2018 Rapaport News
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