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9,381-carat topaz
Record Flawless Blue Topaz to Go on Show
A 9,381-carat topaz will go on display at a London museumnext month.The world’s largest flawless blue topaz is scheduled toappear at the Natural History Museum’s minerals gallery from October 19.Measuring 15 centimeters long and 10.5 centimeters wide and...
Gemstones Sep 28, 2016 Rapaport News
alex ani store
Alex and Ani Hires Senior Execs in Global Push
Alex and Ani recruited two retail veterans as the jewelry company prepares for a worldwide expansion.New CFO Bob Woodruff has more than 35 years of financeexperience, including 20 years in senior roles at Nike, the world-recognized apparelbrand,...
Retail Sep 28, 2016 Rapaport News
Lucapa Lulo sale Sept 2016
Lulo Diamond Sale Fetches $1,868/ct.
Lucapa Diamond Company achieved an average price of $1,868per carat at a sale of rough diamonds from its Lulo mine in Angola.The miner garnered $4.1 million (AUD 5.3 million) for aparcel of 2,209 alluvial diamonds, bringing total...
Mining Sep 28, 2016 Rapaport News
Swiss watches
Swiss Watches Face Worrying Time
The number of Swiss watchexecutives with a pessimistic outlook for the nation’s timepiece industry hasdoubled since 2015 as exports in the first half slumped to the lowest level infive years, according to Deloitte.Thenumber of industry leaders who...
Watches Sep 28, 2016 Rapaport News
Diamcor Rough Sales Fetch $141/ct.
Diamcor Mining sold $1.2 million of rough diamonds in thesecond fiscal quarter ending September 30, at an average price of $141 percarat.The miner tendered and sold 8,274 carats, a surge of 171percent from a year ago. The revenue...
Mining Sep 27, 2016 Rapaport News
CAR Central African Republic
CAR Set to Increase Diamond Exports
The Kimberley Process (KP) declared three new ‘compliantzones’ in the Central African Republic, meaning diamond exports from thoseregions can resume after a suspension of more than two years.The KP’s monitoring team approved shipments...
Retail Sep 27, 2016 Rapaport News
Trans Hex Operation
Trans Hex Spurns South Africa's Richest Man
The board of Trans Hex Group advised shareholders to declinea takeover bid from South Africa’s richest man, after a panel of independentmembers found the offer underprices the miner.Snowden Mining Industry Consultants Proprietary Ltd, whichwas...
Mining Sep 27, 2016 Rapaport News
De Beers China Store
De Beers Wins Trademark Case Against Website
De Beers succeeded in a “complaint against an individual”who registered the domain name debeers.feedback and purported to provideconsumer reviews about the diamond producer.The decision is the first that relates to a generictop-level domain (gTLD) with the form .feedback...
Financial-Legal Sep 27, 2016 Rapaport News
Sotheby's 27ct NY auction
Top Diamond Lot Fails to Sell at Sotheby’s NY
Sotheby’s Important Jewels sale in New York garnered $9 million as its headline piece failed to find a buyer. Bids for the oval, 27.35-carat, D-color, VS2-claritydiamond and platinum ring did not meet its reserve price...
Retail Sep 26, 2016 Rapaport News
Gemfields emeralds
Gemfields Boosted by Rising Emerald Demand
Gemfields’ revenue and profit surged in the past fiscalyear, driven by record prices and successful marketing campaigns to raisedemand for the colored gemstones.Sales jumped 13 percent to $193.1 million and profit aftertax soared 90 percent to $23.5...
Gemstones Sep 26, 2016 Rapaport News
Jewelry Prices
U.S. Jewelry Prices Jump in August
The U.S. consumer price index (CPI) for jewelry increased 4percent in August from the previous month, according to data from the U.S.Bureau for Labor Statistics. The reading was 9 percent higher than a year...
Retail Sep 26, 2016 Rapaport News
Lucapa 172ct
Lulo Mine Yields Another Massive Diamond
Lucapa Diamond Company recovered a 172.67-carat diamond fromits Lulo mine in Angola, following a string of large discoveries at thedeposit.The “exceptional” D-color, type-IIa diamond was the latest“special” stone of more than 10.8 carats to come from the...
Mining Sep 26, 2016 Rapaport News
Rockwell Diamonds
Sales Slump Highlights 'Despair' at Rockwell
Rockwell Diamonds sales slumped in its fiscal second quarter because of operational and financial management issues at the South Africa-focused miner.Sales dropped 21 percent to $7.6 million after group production declined 15 percent to 4,747 carats during...
Mining Sep 25, 2016 Rapaport News
186 ct ekati rough
Dominion Sells Largest Ekati Diamond on Record
Dominion Diamond Corp. sold a 186-carat diamond, the largest recovery on record from the Ekati mine, for $2.8 million. The gem-quality stone was found at the Pigeon kimberlite pipe at Ekati in June, before a fire...
Rough Markets Sep 25, 2016 Rapaport News
Rapaport TradeWire September 22, 2016
RAPAPORT NEWS SERVICE | September 22, 2016...
Research Sep 22, 2016 Rapaport
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
Mining companies led gains among diamond and jewelrycompanies listed on the financial markets this week. Anglo American (+14%) enjoyedthe sharpest increase after Barclays upgraded its rating on the stock andsubsidiary De Beers opened...
Financial-Legal Sep 22, 2016 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
Stable market with steady U.S. demand. Chinese demand improving but Far East still cautious after Hong Kong show. Melee weak with pockets of better demand in +8 segment. Cushions and ovals steady, square...
Research Sep 22, 2016 Rapaport News
Rapaport Weekly Market Comment
Sentiment improves at Hong Kong show (7/10) with steadytraffic but restrained buying ahead of National Day festival (Oct. 1). Gooddemand for 0.30 to 2 ct., G-J, VS-SI diamonds but sales were limitedas suppliers refused very deep discounts. 3 to 4 ct. weak. Mixed demand for 5ct.-plus. Picky...
Rough Markets Sep 22, 2016 Rapaport News
HK Show Sept 2016
Hong Kong Show Keeps Holiday Hopes Alive
The Hong Kong Jewellery & Gem Fair set an improved tone for the diamond market despite challenging conditions in the Far East. Overall, it should be considered a good show as dealer trading picked up after a very...
Polished Markets Sep 22, 2016 Avi Krawitz
ALROSA's Udachniy mine
ALROSA Sales Soar in Seasonally Slower August
ALROSA sold $243 million worth of rough diamonds amid stable market conditions in a seasonally weak August, the Russian miner said as it reported for the first time its monthly sales data.The sale represents a 58 percent...
Rough Markets Sep 22, 2016 Rapaport News
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