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Press Release: Ariva Fine Jewelry Introduces Echo Collection
Press Release: Ariva Fine Jewelry, a division of Pranda Group, has launched an iconic new collection of sterling-silver jewelry, Echo™. From bold silhouettes to petite dimensional designs, with diamond accents, high-polish sculptural sterling silver defines...
Gemstones Apr 24, 2015 Ariva Fine Jewelry
Liqhobong Mine
Firestone Diamonds Secures $15M Stand Debt Facility
Firestone Diamonds plc, agreed to a $15 million standby debt facility with Resource Capital Fund VI L.P., subject to shareholder approval, which would satisfy one of the remaining conditions to the drawdown of its Absa debt facility....
Financial-Legal Apr 24, 2015 Jeff Miller
petra diamonds
Petra Diamonds Launches $300M Notes Issue to Fund Cullinan Construction
Petra Diamonds Ltd. announced a $300 million notes issue and an increase to its senior lender debt facilities in preparation to construct a modern processing plant at its Cullinan mine in South Africa. Petra's lender group has agreed,...
Financial-Legal Apr 24, 2015 Jeff Miller
zim sm
Zimbabwe Diamond Centre to Open in Phases
(RAPAPORT) NewsDay: The Zimbabwe Diamond Centre officially unveiled its new machinery, sourced from India, which will facilitate cutting and polishing of precious stones. The facility has the capacity to cut between 100...
Technology Apr 24, 2015 NewsDay
India Arch
India's Polished Diamond Exports -10% in March
India’s polished diamond exports declined 10.4 percent year on year to $1.749 billion in March, according to provisional data from the Gem & Jewellery Export Promotion Council. Polished imports plunged 36.6 percent to $500 million,...
Manufacturing Apr 24, 2015 Jeff Miller
India Show
India's Fiscal Year Gems and Jewelry Exports -1% to $40B
The Gem & Jewellery Export Promotion Council (GJEPC) reported that India's overall gross exports of polished diamonds, colored gemstones and jewelry fell 0.6 percent year on year to $39.899 billion during the fiscal...
Manufacturing Apr 24, 2015 Zainab Morbiwala
swiss watch
Swiss Watch Exports +6% in March
Swiss watch exports rose 6.3 percent year on year to $1.8 billion (CHF 1.753 billion) in March, according to the Federation of Swiss Watches. The group noted that watch exports for the first quarter of 2015...
Watches Apr 24, 2015 Jeff Miller
Press Release: Sandeep Diamond Strategically Aligns Its Independent Jewelry Division With IDD
Press Release: IDD and Sandeep Diamond Corporation announced a strategic alliance between the two accomplished market players in their respective spaces of expertise. The merger will bring additional resources that will benefit the...
Manufacturing Apr 24, 2015 Sandeep Diamond Corp.
Market Comments 4/23/2015
Polished trading quiet with many sellers refusing low offers. Manufacturers significantly reducing production as sales volume remains low and Indian market heads for vacation. Miners increasing rough production despite weak 1Q sales. ALROSA’s 1Q production +6% to 8.4M cts., De Beers +2% to 7.7M cts., Rio...
Research Apr 23, 2015
Rapaport TradeWire April 24, 2015
RAPAPORT NEWS SERVICE | April 24, 2015...
Research Apr 23, 2015 Rapaport
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
The following lists diamond-industry public companies and their share price changes for the week that ended on April 24 at 4 p.m. 0 Apr. 24 Apr. 16 Chng. $1 = Euro 0.923 0.928 -0.005 $1 = Rupee 63.28 62.30 1.0...
Financial-Legal Apr 23, 2015 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
POLISHED: Marginal improvement in demand and activity for the local polished market. Few overseas buyers are visiting, sentiment remain cautious and many manufacturers have begun summer vacation. Liquidity situation continues to remain...
Research Apr 23, 2015 Rapaport News
zim sm
Residents Fear Consolidation Releases Marange Firms From Broken Promises
(RAPAPORT) New Zimbabwe: Marange villagers have demanded that the government honor its $50 million commitment to them that was presented by President Robert Mugabe in 2012 when he formed a local community trust with diamond...
Mining Apr 23, 2015 New Zimbabwe
Marques Trial Postponed as Generals Agree to Negotiate
(RAPAPORT) AFP: The defamation trial of Angola's anti-corruption activist Rafael Marques was postponed until May 14, while discussions were underway to negotiate a settlement. The case, which was brought against Marques by military generals,...
Financial-Legal Apr 23, 2015 AFP
Kennady Receives Sample Grades From Recent Kelvin Drill Program
Kennady Diamonds Inc. reported that its Kelvin 2014 summer and fall core drilling program returned a sample grade of 3.64 carats per tonne of ore at the Kelvin South lobe and 5.95 carats per...
Mining Apr 23, 2015 Jeff Miller
Peter Meeus
Meeus: Perception of Blood Diamonds is Not Reality
(RAPAPORT) Trends Middle East: Hollywood's focus on blood diamonds and a perception that the commodity is often used to launder money and fund terrorists has stolen the glitter away from the much-coveted gemstone. However,...
Fair Trade Apr 23, 2015 Trends
Press Release: DMCC to Host Additional Diamond Finance Seminars
Press Release: The Dubai Diamond Exchange, a Dubai Multi Commodities Centre (DMCC) initiative, is planning to hold three seminars on diamond financing this year, underscoring the growing importance of the issue for the global diamond...
Financial-Legal Apr 23, 2015 DMCC
alrosa sm
ALROSA Appoints Zharkov as President
ALROSA's supervisory board elected Andrey Vyacheslavovich Zharkov to serve as company president, with a contract period of three years. Zharkov, 42, most recently served as deputy head of state repository Gokhran and he was the chairman of the...
Mining Apr 23, 2015 Jeff Miller
Gemfields' Ruby Auction Achieves $16M
Gemfields plc concluded the sale of mostly lower-quality rough ruby and corundum from its Montepuez ruby deposit in Mozambique, achieving $16.1 million at an average price of $4.03 per carat. The sale was 99 percent sold...
Gemstones Apr 23, 2015 Jeff Miller
Venetia Mine
De Beers Production +2%, Lowers Guidance for Fiscal Year
De Beers Group diamond production improved 2 percent year on year to 7.7 million carats during the first quarter that ended on March 31. Despite the slight increase in the first three months of the year, Anglo...
Mining Apr 23, 2015 Jeff Miller
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