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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
aigs
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
leadership
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
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
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
Forevermark Stories
Diamond Storytelling
For those thinking that the ‘A Diamond is Forever’ advertising campaign will easily resonate with millennials, think again. De Beers has a lot of work to do before it relaunches the iconic slogan in late September, as part of Forevermark’s U.S....
Marketing Jul 03, 2015 Avi Krawitz
Market Comments 7/2/2015
Polished prices continue to decline with June RAPI 0.30ct. -2.6%, 0.50ct. -2.4%, 1ct. -0.8% and 3ct. -1.9%. Diamond markets weak as U.S. goes on vacation. Hong Kong show very slow reflecting poor Far East luxury demand. Chinese buyers are delaying payments to polished suppliers....
Research Jul 02, 2015
Rapaport TradeWire July 4, 2015
RAPAPORT NEWS SERVICE | July 4, 2015...
Research Jul 02, 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 July 2 at 4 p.m. July 2 June 25 Chng. $1 = Euro 0.903 0.893 0.010 $1 = Rupee 63.39 63.57 -0.2...
Financial-Legal Jul 02, 2015 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
POLISHED: Trading activity is very slow in local polished market with some defaults along with rumors of more to come, worrying the trade. The market is facing severe liquidity issues. Round -1 point: Good demand: $300-$600...
Research Jul 02, 2015 Rapaport News
India Arch
Wealth-X Lists India's Wealthiest Jewelers
(RAPAPORT) Business Line: Kalyan Jewellers' chairman and managing director, T. S. Kalayanaraman, is the wealthiest jeweler in India with a personal fortune of $1.3 billion, said the Wealth-X report.Kalayanaraman opened his first jewelry shop in Thrissur City...
Manufacturing Jul 02, 2015 Business Line
Shlomo Moussaieff
Shlomo Moussaieff Jeweler to Royalty Dies at 92
Shlomo Moussaieff, diamantaire and jeweler to royalty, died earlier this week at 92 years of age.Moussaieff was born in Jerusalem in 1925 to a Jewish family with roots tracing to Bukhara, a city located today in Uzbekistan. His father was a prominent...
Retail Jul 02, 2015 Ronen Shnidman
US Patent and Trademark Office logo
Signet, Michael Hill and Damiani Receive Trademark Approval
The U.S. Patent & Trademark Office (USPTO) issued the trademark "Signet Direct Diamond Sourcing Ltd." to the Signet Group on June 23 with registration number 4758260. Signet filed for the trademark on July 13,...
Financial-Legal Jul 01, 2015 Jeff Miller
archduke
Singapore Diamond Investment Exchange to Go Live in September
(RAPAPORT) Xinhua: The Singapore Diamond Investment Exchange Pte. Ltd. (SDiX) will launch a commodities exchange with physically-settled diamonds in Singapore, the company said on Wednesday.Targeted to go "live" in September, the new platform will utilize exchange...
Polished Markets Jul 01, 2015 Xinhua
Ellendale Mine
Kimberley Diamonds Suspends Ellendale Operations
Kimberley Diamonds Ltd. placed its subsidiary, Kimberley Diamond Company (KDC) Pty., which operates the Ellendale diamond mine, into voluntary administration and suspended the mine's operations. The company made a point to state...
Mining Jul 01, 2015 Jeff Miller
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