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Diamond Empowerment Fund Awards Higher-Education Grant to Africans
The Diamond Empowerment Fund (DEF), co-founded by De Beers, donated $122,500 to the African Leadership Academy (ALA) to help “outstanding” young students gain access to higher education.ALA co-founders Fred Swaniker, a former consultant at McKinsey & Company,...
Polished Markets Oct 05, 2015 Rapaport News
Bharat Bourse Bans Synthetic Diamond Dealing
The Bharat Diamond Bourse has approved measures to stem sales of synthetic diamonds on the bourse premises, requiring that only "natural diamonds" be sold in the facilities, Rapaport News has learned.The action was approved by "an...
Polished Markets Oct 02, 2015 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
Continued low demand and activity in the local polished market. Observers note slight slowdown in U.S. sales. Following Hong Kong show, some companies are revising prices by lowering discounts, resulting in ask/offer price gap....
Research Oct 01, 2015 Rapaport News
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Rapaport Diamond Industry Stock Tracker
Platinum continued its decline this week, taking with it gold and silver. Canadian mining shares fell, led by +5% drops in Kennady Diamonds, Rockwell Diamonds and Dominion. De Beers parent Anglo American plunged more...
Financial-Legal Oct 01, 2015 Rapaport News
scott kay
Scott Kay President Exits After Five Months
Scott Kay president Michael Benavente has left the branded jewelry firm less than five months after joining from Gucci Group.Bridal company Frederick Goldman, which owns the Scott Kay brand, said...
Retail Oct 01, 2015 Rapaport News
ALROSA Taps Parshkov as New Procurement Lead
Alexander Parshkov has been named ALROSA's vice president for procurement, the company announced. He is the former head of procurement for Rosneft, the oil and gas concern majority-owned by the Russian government.The new position...
Mining Oct 01, 2015 Rapaport News
Richland Sapphires
Richland 1H Revenue -9%, Queensland Project Hits Profits
Richland Resources reported a 9 percent drop in revenue for the first half to June 30 to $278,000 as profitability indicators also took a slide as a result of major investments in a new Australian sapphire project.The turnover figure, down on $306,000 for the...
Mining Oct 01, 2015 Rapaport News
Berkshire Unit Richline Joins in Anti-Wildlife Trafficking Push
Richline Group, a wholly-owned subsidiary of Berkshire Hathaway, joined forces with other jewelers to campaign against the illegal acquisition of wildlife and related products by the precious stones industry.Richline, a Tamarac, Florida-based jewelry maker and marketer,...
Fair Trade Oct 01, 2015 Rapaport News
De Beers China Store
China Polished Diamond Sales to Jump 3-5%: De Beers
China’s polished diamond sales will grow 3 to 5 percent this year to about $290 million, De Beers’ Stephen Lussier said in a Reuters’ report, reversing an earlier prediction from the company of flat revenue for 2015.Lussier, the head...
Retail Oct 01, 2015 Rapaport News
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Jewelry Connoisseur
Popular in the 1960s, ear climbers have made a huge comeback. These earrings that start at the lobe of the ear and go up the curve of the ear are high impact when worn with updos and...
Magazine-Style Oct 01, 2015 Amber Michelle
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Designer Lines
Paris-based designer Alexandre Corrot has opened his first U.S. store, Djula, on Madison Avenue in New York City. Corrot has four stores in Paris — the first was opened in the Latin Quarter in 1994 — and...
Magazine-Style Oct 01, 2015 Amber Michelle
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Rock Star Designers
Hoffman’s cuff from the Unconventional Materials challenge. Contestants had two minutes to pull as many items as they could from a table filled with things not usually used in jewelry. Project Runway” meets “The Next...
Magazine-Style Oct 01, 2015 Amber Michelle
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A Certain Panache
Aquamarine, ruby and platinum belt buckle necklace designed by Fulco di Verdura for Paul Flato, New York, circa 1935. Photo courtesy of Siegelson. Running the gamut from diamond and platinum en tremblant pieces to gold...
Magazine-Legacy Oct 01, 2015 Phyllis Schiller
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Moody Blues
Smooth, rough, faceted, shiny, velvety, transparent, opaque, cool, electric, pale and soft — there are countless qualities of a gemstone that inspire designers. They are often influenced by different gemstones to create a collection. But there...
Magazine-Colored Gemstones Oct 01, 2015 Sheryl Jones
Botswana Flag
Botswana First Half Rough Exports -15%
Exports of rough diamonds from mines in Botswana fell 15 percent in the first six months of 2015 to $1.7bn (Pula 18 billion). August exports totaled $358.5 million, according to the Bank of Botswana.Most of the exports are from Debswana,...
Mining Oct 01, 2015 Rapaport News
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Retail Rap
What Are You Stocking For The Holidays? Yael Designs The 4Cs are not the only things that make a piece of diamond jewelry a sales winner. In an ongoing series, Rapaport Magazine explores the “3Ws”...
Magazine-Retail Oct 01, 2015 Phyllis Schiller
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Island Dazzle
S&R Designs We do everything we can — in design, display and merchandise — not to be a traditional jewelry store,” says Dan Schuyler, explaining the retail philosophy behind Lily & Co., the gallery he owns along with Karen Bell,...
Retail Oct 01, 2015 Joyce Kauf
Antwerp Flag
Synthetic Testing Amps UpIdentification of synthetic diamonds is a much-discussed issue among the diamond and jewelry trade. In front of an audience of diamantaires at the September Hong Kong Jewellery and Gem Fair, HRD Antwerp revealed the M-Screen,...
Magazine-Market Report Oct 01, 2015 Marc Goldstein
Russia Flag
New Bourse ProposedRussia held its first Eastern Economic Forum (EEF) on September 3 to 5 in Vladivostok, the country’s easternmost seaport and administrative center of the Primorsky Krai region, which has the largest economy in the Russian...
Magazine-Market Report Oct 01, 2015 Svetlana Shelest
India Flag
Slowdown DeepensWith the Chinese economy in turmoil, the Indian gems and jewelry industry has received another setback to the already existing slowdown it has been facing. Industry sentiments are at an all-time low. Except for...
Magazine-Market Report Oct 01, 2015 Zainab Morbiwala
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