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Market Comments 3/5/2015
Hong Kong show just meets low dealer expectations with few Chinese buyers. Chinese middle class growing with continued demand for under-the-carat lab-graded stones, but excess inventory is limiting sales. Govt. anti-corruption campaign against conspicuous consumption sharply reducing demand for large expensive...
Research Mar 05, 2015
Rapaport TradeWire March 6, 2015
RAPAPORT NEWS SERVICE | March 6, 2015...
Research Mar 05, 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 March 5 at 4 p.m. Mar. 5 Feb. 26 Chng. $1 = Euro 0.910 0.890 0.020 $1 = Rupee 62.46 61.73 0.7...
Financial-Legal Mar 05, 2015 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
POLISHED: Low demand and activity observed this week. Manufacturing units are still working below capacity and liquidity is tight. Round -1 point: Good demand: $300-$500 whites. Fair demand: $300-$400 white natts. -2 point:...
Research Mar 05, 2015 Rapaport News
liora
Press Release: Mayur Alankar Launches 'Liora' Diamond Brand
Press Release: At a recent high-end fashion event in Nashik, Mayur Alankar Jewelers officially launched a new brand of studded diamond jewelry. “Liora” showcases an exquisite collection of earrings, bracelets, rings and necklaces at an affordable price option with...
Marketing Mar 05, 2015 IGI
martin rapaport
Rapaport Basel Presentation About Investment Diamonds
PRESS RELEASE, March 5, 2015 … Martin Rapaport will make a keynote presentation about investment diamonds at The Diamond Show in Basel, Switzerland. The one-hour talk will present the framework for a transparent, competitive and liquid...
Research Mar 05, 2015 Rapaport
bennett
Sotheby’s Appoints David Bennett as Worldwide Chairman of Jewellery
Sotheby’s has appointed David Bennett to the newly created position of worldwide chairman of jewellery. In his new global role, Bennett — who is based in Geneva, Switzerland, will help design and implement a strategy of continued expansion and...
Marketing Mar 05, 2015 Amber Michelle
h.stern
H.Stern Opens Pop-Up Boutique in New York
Brazilian jeweler H.Stern opened a new pop-up boutique in New York City’s Soho neighborhood, at 104 Greene Street, where it will serve clients through July. H.Stern decided to open the temporary location as the brand’s flagship...
Retail Mar 04, 2015 Jeff Miller
C. mahendra factory - wide
C Mahendra Adds Luxury Sunglass Line to Its Offerings
(RAPAPORT) Dion: Leading diamantaire and jewelry firm C Mahendra Exports Ltd. on Wednesday said that its subsidiary, Ciemme Jewels Ltd., launched the new product range of luxury sunglasses at its retail stores and online.The...
Retail Mar 04, 2015 Dion
luk fook
Luk Fook's Sales Decline for Chinese New Year
Luk Fook Holdings Ltd. reported same-store sales across all operations for the Chinese New Year Festival fell 21 percent year on year. Comparable-store sales for gold dropped 29 percent, while gem-set jewelry sales...
Financial-Legal Mar 04, 2015 Jeff Miller
Polished Diamonds
Polished Diamond Prices Decline in February
PRESS RELEASE, March 4, 2015, New York... Polished diamond prices remained under pressure in February. Sentiment improved ahead of the Hong Kong International Diamond, Gem and Pearl Show taking place from March 2 to 6 but...
Research Mar 04, 2015 Rapaport
Varda Shine
Varda Shine Joins Lonmin Board
Varda Shine, the former CEO of the De Beers Trading Company, was appointed as an independent non-executive director of Lonmin Plc, a platinum metals group miner. The 51-year-old Shine left De Beers in February 2014. Shine took her...
Mining Mar 04, 2015 Ronen Shnidman
excalibre
Excalibur Royal Opens Ecommerce Channel
Excalibur Royale launched an ecommerce website (www.ex-royale.com). Michael Shumacher, the president of e-Magine Color Diamonds Ltd., the parent company of Excalibur Royale, said, “We wish to capture a significant market share of the natural color diamond...
Gemstones Mar 03, 2015 Jeff Miller
Lucapa
Lucapa Clears Bridge Loan Requirements and Raises $5M
Lucapa Diamond Company signed the agreement for its $15 million bridge finance facility with a mining investment group, having met various approvals and documentation during the due diligence period. Lucapa stated...
Mining Mar 03, 2015 Jeff Miller
Trans Hex Operation
Average Rough Prices Drop for Trans Hex
Trans Hex sold 27,553 carats from its South Africa operations for $30.5 million between October and February, but the group observed that average prices fell 25.4 percent from earlier in the...
Rough Markets Mar 03, 2015 Jeff Miller
GIA
GIA & De Beers to Speak on Synthetic Diamonds March 22
The Gemological Institute of America (GIA) and De Beers Technologies U.K. will host a panel of speakers on the topic of synthetic diamonds during GIA GemFest Basel 2015 on Sunday, March 22 at the Congress Center Basel in Switzerland. Tom...
Research Mar 03, 2015 Jeff Miller
zim sm
Zimbabwe Seeks the Release of Diamonds in Belgium
(RAPAPORT) Herald: Zimbabwe took legal action to secure the release of the remainder of diamonds that were seized while up for auction in Belgium following litigation by a South African firm. This suit comes after a Belgian court...
Mining Mar 03, 2015 Herald
Shopping Mall
Dubai's Malls Lack Appreciation for Local Jewelers
(RAPAPORT) Gulf News: There aren't that many of Dubai's gold and jewelry retailers at the city's leading malls but the few that do have outlets in these locations tend to use it more for their high-value...
Retail Mar 03, 2015 Gulf News
kirtilals
Press Release: Kirtilals Wins Two Awards
Press Release: Kirtilals, India’s premium diamond and gold jewelry brand, won two prestigious awards at the National Jewellery Awards organized by All India Gems and Jewellery Trade Federation (GJF). The brand was...
Manufacturing Mar 03, 2015 Kirtilals
conference
Press Release: Mediterranean Gem, Jewelry Conference Begins June 27
Press Release: This is the exciting first in a series of annual Mediterranean conferences taking place in new and exotic locations each year. Lectures will be offered by leading independent laboratory gemologists, appraisers and synthesis experts on a broad...
Marketing Mar 03, 2015 Gem Conference
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