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zim sm
Grace Mugabe Claims Joice Mujuru Owned ACR
(RAPAPORT) New Zimbabwe: First Lady Grace Mugabe has fleshed out her allegations of illicit diamond dealing against Vice President Joice Mujuru by claiming that she owned African Consolidated Resources (ACR), the British...
Mining Oct 24, 2014 New Zimbabwe
Children's Hospital Receives $10M Gift From Kay Jewelers
Kay Jewelers donated $10 million to the "Building on the Promise" campaign, which is raising capital for the Akron Children's Hospital expansion in Ohio. The campaign has raised $41 million of a $60 million goal so far....
Marketing Oct 24, 2014 Jeff Miller
hoover strong
Hoover & Strong to Stock Fairmined Gold in January
Press Release: After three successful purchases of Fairmined gold from AURELSA, a Fairmined certified mining community in Relave, Peru, independent U.S. jewelers and Hoover & Strong commit to a new sourcing model. Hoover & Strong...
Fair Trade Oct 24, 2014 Hoover & Strong
dubai jewellery week
Exhibitor Participation Jumps 25% for Dubai Intl. Jewelry Week
Organizers of the Dubai International Jewellery Week, scheduled for December 3 to 6, stated that exhibitor participation is up 25 percent compared with 2013. The event expects to host more than 380 exhibitors and 800 brands from 30 countries,...
Marketing Oct 24, 2014 Jeff Miller
Judge Sentences Jewelry Store Robbery Mastermind
U.S. District Judge Charlene Edwards Honeywell sentenced Bryan Bobby Beaudoin to 11 years and 6 months in federal prison for conspiring to commit robbery and using a firearm during the robbery of the International Diamond Center in Tampa,...
Financial-Legal Oct 24, 2014 Jeff Miller
Petra Sells 232-Ct. Rough Diamond for $15M
Petra Diamonds Ltd. sold an exceptional 232.08-carat white diamond that was recovered from the Cullinan mine in South Africa in September to Diacore for $15,219,219 or $65,577 per carat.Johan Dippenaar, the CEO of Petra Diamonds, said,...
Rough Markets Oct 24, 2014 Jeff Miller
Jewelry Store Owners
Growth Prospects
The diamond and jewelry market, like the global economy, is sending mixed messages ahead of the holiday shopping season. The prevalent claim that the economy is showing its strongest prospects since the 2008...
Polished Markets Oct 24, 2014 Avi Krawitz
Market Comments 10/23/2014
Rough prices discounted on secondary market as sightholders pay for the privilege of steady supply. Polished markets under pressure with liquidity concerns as Antwerp Diamond Bank begins shut down process and other banks tighten credit. Global diamond demand weak. Hong Kong trading declines as Chinese...
Research Oct 23, 2014
Rapaport TradeWire October 24, 2014
RAPAPORT NEWS SERVICE | Oct. 24, 2014 www.rapaport.com | news@rapaport.com...
Research Oct 23, 2014 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 ending October 23 at 4 p.m. Oct. 23 Oct. 15 Chng. $1 = Euro 0.790 0.780 0.010 $1 = Rupee 61.18 61.56 -0.4...
Financial-Legal Oct 23, 2014 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
POLISHED: Market is closed for Diwali holidays, but left on a cautious note, especially as severe liquidity issues remain. Slightly better movement observed for local jewelry demand. Round -1 point: Good demand: $300-$500 whites. Fair...
Research Oct 23, 2014 Rapaport News
Amazon's Revenue +20%, Loss Jumps to $437M in 3Q
Online retailer Amazon.com reported that revenue jumped 20 percent year on year to $20.58 billion in the third quarter that ended on September 30. The company's loss jumped to $437 million compared with a loss of $41 million...
Financial-Legal Oct 23, 2014 Jeff Miller
cash america
Cash America's Revenue +8%, Profit -79% in 3Q
Cash America International Inc. reported that its revenue rose 7.9 percent year on year to $472.2 million during the third quarter that ended on September 30. Net revenue, meanwhile, increased 11.9 percent to $276.4...
Financial-Legal Oct 23, 2014 Jeff Miller
Bloggers, Style Experts Review Robbins Brothers Top Rings
Press Release: Today Robbins Brothers, The Engagement Ring Store announced its blogger and style expert ring reviews, which include many of the retailer's most popular and sought after engagement ring styles...
Marketing Oct 23, 2014 Robbins Brothers
Fairtrade Gold Launches in Switzerland
Max Havelaar Switzerland began to offer Fairtrade gold jewelry today, joining a number of Fairtrade markets where labeled and traceable Fairtrade gold jewelry is already available. After launching in the U.K. in February 2011, Fairtrade gold...
Fair Trade Oct 23, 2014 Jeff Miller
CJA Celebrates 140th Anniversary in Chicago on Dec. 6
Press Release: The Chicago Jewelers’ Association (CJA) celebrates its 140th anniversary with a gala event of the season, to be held on December 6 in the Red Lacquer Ballroom of the Palmer House. We invite you to take part in this...
Marketing Oct 23, 2014 CJA
Rio Tinto
Rio Tinto Extends CEO's Tenure
Press Release: Rio Tinto's board has extended the tenure of its CEO, Sam Walsh, and the chief financial officer, Chris Lynch, providing a strong endorsement of their leadership, the group’s strategy and its...
Mining Oct 23, 2014 Rio Tinto
christie's logo
Christie's NY Jewelry Sale Achieves $34M
Christie's New York sale of important jewels achieved a total of $33.7 million and was 75 percent sold by lot. High-quality colorless diamonds accounted for nine of the top 10 lots that sold and achieved strong prices.The...
Gemstones Oct 23, 2014 Deena Taylor
De Beers 3Q Production +6%
De Beers production rose 6 percent year on year to 8.193 million carats in the third quarter of 2014, Anglo American reported. The increase was largely due to strong output at the company's Jwaneng mine in Botswana where higher...
Mining Oct 23, 2014 Deena Taylor
beverly hills
Layna and Alan Friedman Host Shopping Event to Benefit Best Buddies
The owners of Layna and Alan Friedman Jewelry in Beverly Hills, California teamed up with the Best Buddies organization to host a fashion and shopping event this month. Personal stylist and image consultant Robert Sugden...
Marketing Oct 22, 2014 Jeff Miller
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