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Zimbabwe Diamond Centre Upgrades Cutting Technology
(RAPAPORT) NewsDay: The Zimbabwe Diamond Centre (ZDC) officially unveiled its new machinery sourced from India to facilitate the cutting and polishing of precious stones.The new technology has the capacity to cut between 100...
Polished Markets Apr 27, 2015 NewsDay
Press Release: IDI's “Find Your Diamond” Search Expands at JCK
Press Release: The Israeli Diamond Industry at JCK Las Vegas, which takes place from May 29 to June 1, 2015, will once again be among the largest international exhibitor groups, with some 100 Israeli diamond...
Polished Markets Apr 27, 2015 IDI
African Diamond Producers Refuse to Support Beneficiation With Mining Revenue
Africa’s major diamond producing nations expressed unwillingness to compromise government revenue from rough diamond sales to support local manufacturers in the current weak market. "We are not willing to forego profits from diamond mining...
Mining Apr 27, 2015 Ronen Shnidman
Gold bars
Bangladesh Formulates Policy to Ease Gold Imports
(RAPAPORT) Financial Express: The government is set to formulate a national gold import policy soon in order to facilitate expansion of the jewelry sector in India, a senior official at the Ministry of Commerce (MoC) told Financial Express Saturday.Local jewelers...
Polished Markets Apr 27, 2015 Financial Express
Ori Fluk
Developing a Niche in the High-Volume Small Diamond Trade
Ori Fluk is a third-generation Israeli diamantaire who founded Yoshfe Diamonds International (YDI) in 2009 together with his father Abraham. The company, which succeeded a previous partnership called Yahalomei Espeka International (YEI), is a manufacturer of medium-to-high...
Manufacturing Apr 26, 2015 Ronen Shnidman
CIBJO logo
CIBJO Releases Coral Commission Special Report
CIBJO's Coral Commission will release its special report at the 2015 CIBJO Congress slated to take place in Salvador, Brazil, on May 4. The Coral Blue Book was prepared by the Coral Commission led by Vicenzo Liverino...
Gemstones Apr 26, 2015 Deena Taylor
Jovella 2014
Jovella 2015 to Take Place in June
Jovella 2015, Tel Aviv’s 12th international jewelry exhibition, will be held on June 30 to July 1, 2015 at the Tel Aviv Trade Fair and Convention Center. The show is run by the Stier-Group in collaboration with the Israel...
Polished Markets Apr 26, 2015 Deena Taylor
Marques Considers Settlement in Defamation Case
(RAPAPORT) The Guardian: A leading Angolan journalist facing 24 charges of criminal defamation over his investigation into killing and torture at the country’s diamond mines is hopeful that all but three will soon be dropped.Rafael Marques...
Financial-Legal Apr 26, 2015 The Guardian
hennig logo
Press Release: Hennig Tenders Superkolong Kimberley Purple
Press Release: The Superkolong ‘Kimberley Purple' diamond recently recovered by Batla Minerals SA from its Superkolong diamond tailings plant located in Kimberley, South Africa will be offered for sale by Fusion/Hennig Tenders.This exceptional and rare...
Rough Markets Apr 26, 2015 I Henning
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
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