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jewelry exchange
Jewelry Exchange Extends Private Credit Card Deal With Synchrony Financial
The Jewelry Exchange extended its private label credit card financing agreement with Synchrony Financial. The Jewelry Exchange, The Jewelry Source and The Jewelry Factory are owned by Goldenwest Diamond Corporation, which...
Financial-Legal Jul 07, 2015 Jeff Miller
polished Diamond
Diamond Prices Decline in June
PRESS RELEASE, July 7, 2015, New York…Diamond prices continued to soften in June with many categories trading at deep discounts to the Rapaport Price List. Markets were relatively quiet as U.S. demand after the JCK Las...
Polished Markets Jul 07, 2015 Rapaport
Rapaport Logo
Rapaport Statement Regarding Diamond Specifications and the Rapaport Price List
Rapaport Diamond SpecificationsEffective July 7, 2015, The Rapaport Group has fully implemented the latest Rapaport Diamond Specifications (RapSpec) across all Rapaport and RapNet products and services. The Rapaport Price List, Rapaport...
Polished Markets Jul 07, 2015 Rapaport
Rough Diamonds
India to Continue Importing Rough Diamonds for Now
India's gem and jewelry industry leaders deferred a rough diamond import ban, for now, and urged self discipline at manufacturing businesses that import and purchase rough stones. In a meeting held today between the...
Manufacturing Jul 07, 2015 Zainab Morbiwala
gahcho kue
Mountain Province Completes 62% of Gahcho Kué Diamond Mine
Mountain Province Diamonds Inc. completed 62 percent of the Gahcho Kué diamond mine project as of the end of May, a time frame that was on schedule and within budget, according to the company. The project's current focus...
Mining Jul 07, 2015 Jeff Miller
Diamond District
U.S. Polished Diamond Imports -3% in May
U.S. polished diamond imports fell 2.9 percent year on year to $3.016 billion in May, which is typically the highest value month for diamond imports due to the trade shows in Las Vegas. Diamond imports by weight...
Polished Markets Jul 07, 2015 Jeff Miller
DDE Zimbabwe Tender
Zimbabwe Mulls Bid for Kimberley Process Chairmanship by 2018
(RAPAPORT) The Herald: Zimbabwe is considering submitting a bid for the chairmanship of the Kimberley Process Certification Scheme (KPCS), which is currently held by Angola.Mines and Minerals Development Minister Walter Chidhakwa said the issue of submitting...
Fair Trade Jul 07, 2015 Herald
Israel Diamond Exchange
Israel's Polished Exports -17%, Rough Imports -21%
Israel's polished diamond exports fell 17 percent year on year to $2.975 billion and polished imports declined 21 percent to $1.793 billion, during the first six months of the year, according to Israel's Economy Ministry. As a result, the...
Polished Markets Jul 07, 2015 Ronen Shnidman
EGL Labs to Implement New Grading Standards
European Gemological Laboratory (EGL) operations outside of North America will adopt a unified grading standard to restore the reputation of the lab's grading reports, the company announced on Monday. Menahem Sevdermish, EGL's global manager, told...
Polished Markets Jul 07, 2015 Ronen Shnidman
Lace mine
DiamondCorp Raises $8M From an Open Offer
DiamondCorp plc raised $8.2 million (GBP 5.27 million) through an open offer and a placement of shares that began on June 17. Certain company directors subscribed in the offer and details of their updated shareholdings will...
Financial-Legal Jul 06, 2015 Jeff Miller
India Arch
Jalpa Diamonds Confirms it Will Pay Creditors
(RAPAPORT) DNA: After a day of speculation in the news, Jalpa Diamonds offered to clear its debt and claimed its financial condition is not weak. Promoters of the company contacted all creditors through the Surat Diamond...
Manufacturing Jul 06, 2015 DNA
Kuzi Joins the Advisory Board of AIGS to Oversee Expansion Plan
Joseph Kuzi, the founder and managing director of Diamond Services Ltd., was appointed to the advisory board of the Asian Institute of Gemological Sciences (AIGS) and will oversee the expansion of the organization's colored gemstone...
Research Jul 06, 2015 Jeff Miller
zim sm
Audit Reveals the Health of Marange Area Mining Firms
(RAPAPORT) Ghana News Agency: A Zimbabwe government audit of diamond mining companies revealed that most in the Marange area started operating in the red as early as 2013 with their current liabilities exceeding current assets by a wide...
Mining Jul 06, 2015 Ghana News Agency
Press Release: Industry Executives Convene for GIA's Leadership Program
Press Release: For the second year in a row, senior gem and jewelry executives gathered at Harvard Business School (HBS) in Cambridge to discuss challenges facing the industry during the Gemological Institute of America (GIA) Global...
Research Jul 06, 2015 GIA
epic 101
Gem One Introduces the Epic 101 Diamond Cut
Gems One launched the Epic 101, a new branded special cut diamond that features 101 facets and employs what the company said was a faceting architecture designed to provide maximum light performance. The...
Polished Markets Jul 06, 2015 Jeff Miller
Scio Revenue Halves, Loss Narrows to $4M
Scio Diamond Technology said declining diamond sales and licensing income led to a 49 percent drop in revenue to $726,000 for the year ended on March 31. The U.S. synthetic diamond producer said its net loss...
Retail Jul 06, 2015 Ronen Shnidman
Surat Factory Workers
Indian Diamond Exporters Mull Rough Import Ban
Some 200 Surat and Mumbai polished diamond exporters are expected to meet on Tuesday to completely ban imports of rough diamonds for at least a month, The Times of India reported on Monday. A similar move to ban rough diamond...
Rough Markets Jul 06, 2015 Rapaport News
Hari Krisha Blood Drive
Press Release: Hari Krishna Exports Marks 23 Years in the Diamond Industry
Hari krishna Exports Pvt.Ltd. celebrated its 23rd Anniversary on July 2, 2015. To mark this day the company organized a blood donation drive which was inaugurated by Shrimati Varsha Purandare, of the State Bank of India. Shri...
Polished Markets Jul 06, 2015 Hari Krishna Exports
alrosa sm
ALROSA Explores Further Opportunities in Angola
ALROSA's president Andrey Zharkov visited Angola last week to discuss further cooperation in developing new diamond projects in the African nation. The Tchiuzo and Luaxe exploration projects were highlighted as promising deposits that could...
Mining Jul 05, 2015 Ronen Shnidman
Amir Tiroche
Large-Size Diamond Market Under Pressure
Amir Tiroche is the owner and CEO of Tiroche Diamonds, which specializes in polishing diamonds larger than 10 carats. Tiroche has been a member of the Israeli diamond industry for nearly 40 years and recently shifted his...
Rough Markets Jul 03, 2015 Ronen Shnidman
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