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Christie's Geneva Spring Sale of Magnificent Jewels
May 14 2013 1:18

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ALROSA Diamond Grading
The Diamond Disconnect
There is a continued disconnect between rough and polished diamond prices. Therefore, any expectations that polished prices will increase on the back of recent rough price hikes are an illusion. Polished suppliers should not expect...
Rough Markets May 24, 2013 Avi Krawitz
Market Comments 5/23/2013
Diamond markets stable ahead of Las Vegas shows. Manufacturers pressured by high rough prices and low volume trading. Cutting center liquidity tight as Indian factories close for summer vacation. Sentiment improves as U.S. retailers experience steady 1Q: Signet Jewelers sales +10% to $994M, profit +11%...
Research May 23, 2013
Rapaport TradeWire May 24, 2013
RAPAPORT NEWS SERVICE | May 24, 2013 www.rapaport.com | news@rapaport.com...
Research May 23, 2013 Rapaport
Rapaport Diamond Industry Stock Tracker
The following lists diamond-industry public companies and their share price changes from one week ago as of May 23, at 4 p.m. May 23 May 17 Chng. $1 = Euro 0.770 0.780 -0.010 $1 = Rupee 55.72 54.89 0.8...
Financial-Legal May 23, 2013 Rapaport News
Rapaport Weekly Indian Market Report
POLISHED: Activity in the local polished market continues to be on slow due to ongoing summer holidays. Activity continues in VS- category. Market is facing liquidity crisis but gearing up for the upcoming Las Vegas show. Round -1 point: Good demand: $300-$450 whites. Fair demand: $600-$800 whites. -2 point: Good...
Research May 23, 2013 Rapaport News
Israel Diamond Exchange
Moscow Buyers to Attend Intl. Diamond Week in Israel
Press Release: Yair Sahar, the president of the Israel Diamond Exchange (IDE) and Alex Popov, the president of the Moscow Diamond Bourse (MDB), agreed that MDB will organize a delegation of diamond buyers from...
Polished Markets May 23, 2013 IDE
Gemfields
Zambia to Host Intl. Emerald Summit
Press Release: International and local gemstone experts will gather in Lusaka, Zambia later this month for the first Zambian Emerald Summit.The high-level event, which will be held at the Intercontinental Hotel on May 30 and...
Gemstones May 23, 2013 Gemfields
Crime
Federal Agents Arrest Five in Jeweler Kidnapping Case
Federal authorities arrested five suspects in connection with a Fairfield, Connecticut robbery and kidnapping that occurred on April 11 at Lenox Jewelers. A joint task force including the Fairfield Police, Meriden Police, the Federal Bureau of Investigation,...
Financial-Legal May 23, 2013 Jeff Miller
Marange Rough
Earthworks, Trade Unions Say RJC's Certification Misleads Consumers
Press Release: In a new report, ''More Shine Than Substance: How RJC Certification Fails to Create Responsible Jewelry,'' an international coalition of labor and environmental groups indict the Responsible Jewellery Council's (RJC) certification system as misleading...
Fair Trade May 23, 2013 Earthworks
Crime
Stolen Diamond Necklace Marks a Second Theft at Cannes
(RAPAPORT) dpa: A diamond necklace worth close to $2.6 million has been stolen on the sidelines of the Cannes Film Festival in France, the second such jewelry theft at the event in a week, French radio reported Thursday.The...
Polished Markets May 23, 2013 dpa
maren
Stuller Promotes Rosen to Head Bridal, Jewelry
Stuller Inc. promoted Maren Rosen to executive director of the group's jewelry and bridal segment. With her new title, Rosen will be responsible for identifying and understanding emerging trends and developing compelling product...
Marketing May 23, 2013 Jeff Miller
kay
Signet's 1Q Sales +10%, Profit +11%, EPS +18%
Signet Jewelers reported that sales rose 10.4 percent year on year to $993.6 million for the first quarter that ended on May 4. Same-store sale increased 6.4 percent and ecommerce revenue jumped 40.7 percent...
Financial-Legal May 23, 2013 Jeff Miller
Diavik Diamond Mine, Courtesy: Diavik Diamond Mine
Rio Tinto Diamonds Launches Diavik Auction Platform
Rio Tinto Diamonds launched a sales platform to auction a portion of its Diavik diamond production outside of its usual supply agreements with diamantaires. The platform is aimed at increasing efficiency for diamantaires’ rough sourcing activities, according...
Rough Markets May 23, 2013 Deena Taylor
Lucara 239ct stone
Lucara's Special Diamond Tender Nets $25M
Lucara Diamond Corporation held a special tender of Karowe diamonds on May 22, which consisted of 15 single lots of diamonds. All 15 stones were sold for $24.85 million or $30,468 per carat. The highest value stone was...
Rough Markets May 22, 2013 Jeff Miller
Mall
Zale, Saks Post Strong Gains on the NYSE
Shares in Zale Corporation closed 22 percent higher for the day at $6.60 on the New York Stock Exchange (NYSE), following stronger than expected third quarter results. Zale's shares were up 183 percent from one...
Financial-Legal May 22, 2013 Jeff Miller
jcpenney
JCPenney Secures a $2B Loan Facility
J. C. Penney Company Inc. entered into a new five-year $2.25 billion senior secured term loan credit facility, which was an amount higher than the anticipated $1.75 billion originally announced on April 29. Proceeds of the...
Financial-Legal May 22, 2013 Jeff Miller
Brazil's Mining Framework Increases Diamond Mining Royalties
Brazil is expected to enact a new mining regulatory framework in June, according to the O Estado de S. Paulo newspaper. The proposed legislation changes royalty payment calculations (known as CFEM tax) from net sales to one that is charged against gross sales. The revision would realize CFEM revenue of about $2 billion,...
Mining May 22, 2013 Jeff Miller
nrf 2
NRF Says Credit Card Swipe Fee Settlement Blesses Retailer Abuse
The National Retail Federation (NRF) opposed a settlement of a federal antitrust lawsuit over credit card swipe fees charged by Visa and MasterCard, and the organization urged retailers to carefully consider their own decisions before...
Financial-Legal May 22, 2013 Jeff Miller
fair trade panel
Rapaport Fair Trade Conference to Address Source Certification
PRESS RELEASE, May 22, 2013, Las Vegas: This year’s Rapaport Fair Trade Conference at JCK Las Vegas will provide a robust discussion of what the jewelry industry can and should do to ensure the legitimacy...
Fair Trade May 22, 2013 Rapaport
IGI Lab
IGI Completes Jewelry Design Course in Bahrain
Press Release: The International Gemological Institute (IGI) completed its first jewelry design course in Bahrain on May 18, 2013. The 12-day training was conducted in association with the Bahrain Ministry of Industry and Commerce.The...
Research May 22, 2013 IGI
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