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pam danziger
Jewelers Need a 'De Beers Home Run' to Attract Millennials
De Beers marked a huge success for the jewelry industry when "Diamonds Are Forever" convinced post-WWII consumers in the U.S. to celebrate an engagement milestone with a diamond. And while this tagline worked very well for...
Marketing Apr 23, 2014 Jeff Miller
Shopping Mall
U.S. Chain-Store Sales +2%
U.S. chain-store sales increased 1.9 percent year on year for the week that ended on April 19, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. Comparable-store sales improved just 0.4...
Research Apr 23, 2014 Jeff Miller
Mwana Africa Plc
Mwana's 4Q Production Doubles
Mwana Africa, a multi-commodity mining and development company, reported that diamond production at its Klipspringer slimes retreatment project in South Africa more than doubled to 12,383 carats during the fourth quarter that ended on March...
Mining Apr 23, 2014 Deena Taylor
GIA
GIA Appoints Crimmin as Vice President of Lab Operations
The Gemological Institute of America (GIA) appointed Matt Crimmin as vice president of laboratory operations. He will report to Tom Moses, GIA's executive vice president and chief laboratory and research officer, and be responsible for overseeing...
Gemstones Apr 23, 2014 Deena Taylor
Finsch Mine
Petra's 3Q Revenue +55% to $164M
Petra Diamonds reported that revenue rose 55 percent year on year to $163.9 million during the third quarter that ended on March 31 as production rose and rough prices firmed. The company sold 905,781 carats during...
Mining Apr 23, 2014 Deena Taylor
Gitanjali Store
Gitanjali Seeks Loan to Revive Business
(RAPAPORT) Times of India: Jewelry firm Gitanjali Gems, which owns the brands Nakshatra, Gili, Sangini and Asmi, is seeking to raise an additional loan of $278.3 million (INR 17 billion) in a second attempt to revive its business. The...
Polished Markets Apr 23, 2014 Times of India
venetia
Supply Shortages Means Diamond Prices Will Only Rise
(RAPAPORT) Daily Telegraph: Diamonds may be forever, but supplies are fading fast. After two fruitless decades of diamond exploration, mining companies are now scraping the bottom of their existing assets, facing a seemingly inevitable...
Rough Markets Apr 23, 2014 Daily Telegraph
dgse
DGSE Names New CEO
DGSE Companies Inc. appointed James D. "Dusty" Clem as chairman, president and CEO. Clem will step in immediately to replace James Vierling, who resigned as CEO and director of the Dallas-based precious metal and jewelry wholesaler...
Retail Apr 23, 2014 Deena Taylor
ALROSA's Udachniy mine
ALROSA's 1Q Production +6%
ALROSA’s diamond production rose 6 percent year on year to 7.9 million carats in the first quarter that ended on March 31. The company noted that increased output stemmed from mining higher-grade ore at the Jubilee...
Mining Apr 22, 2014 Deena Taylor
tiffany small
Analysts View Chinese Demand as Strong Opportunity for Tiffany
Tiffany & Co. will benefit from China's increasing demand for jewelry coupled with the country's low rate of diamond penetration, especially as marriage rates increase, according to Sterne Agee analysts Ike Boruchow and...
Research Apr 18, 2014 Jeff Miller
US Patent and Trademark Office logo
USPTO Approves the 'Le Vian Exotics' Trademark
The U.S. Patent & Trademark Office (USPTO) issued the trademark "Le Vian Exotics" to Le Vian Corporation of Great Neck, New York on April 15 with the registration number 4514707.Le Vian first used "Le Vian...
Financial-Legal Apr 18, 2014 Jeff Miller
100 Years of Angola
Angola Begins Construction of a Diamond Museum
(RAPAPORT) Angola Press Agency: The construction and assembly of the "Diamond Museum" is estimated at $718 million (AOA 70 billion) and may take three years, reported the chairman of the board of the National Diamond Company...
Rough Markets Apr 18, 2014 Angola Press
Zales Store
Zale's Shareholders to Vote on Signet Acquisition May 29
Zale Corporation set a date for a special meeting of its shareholders to consider and vote on the proposed acquisition by long time rival Signet Jewelers Ltd. The special meeting will be held on May 29, 2014, at 8 a.m....
Financial-Legal Apr 18, 2014 Jeff Miller
zim sm
ZIMRA Chases Marange Miners; Mbada Wants Positive Press Coverage
(RAPAPORT) Zimbabwe Independent: Diamond mining companies operating in the Chiadzwa area of Manicaland are in the line of fire amid revelations that the Zimbabwe Revenue Authority (ZIMRA) will garnish them to recover a combined total of $45...
Mining Apr 18, 2014 Zimbabwe Independent
lazare kaplan
Lazare Kaplan's 3Q Revenue -6%
Lazare Kaplan International provided an operational update on its third fiscal quarter that ended on February 28, for which revenue declined 5.9 percent year on year to $14.3 million. Net sales fell 9.2 percent to $13.9...
Financial-Legal Apr 18, 2014 Jeff Miller
melee
Rapaport Melee Diamond Index Up 5.4% in 1Q 2014
PRESS RELEASE, April 19, 2014, New York: The Rapaport Melee Index (RMI™) for small diamonds increased by 5.4% to 137.60 during the first quarter of 2014. Year on year the index is up 1.9% from its...
Polished Markets Apr 18, 2014 Rapaport
Sarin
Sarine Technologies Announces Quazer3
Press Release: Singapore Exchange mainboard-listed Sarine Technologies Ltd. (U77:SI), a worldwide leader in the development, manufacturing, marketing and sale of precision technology products for the planning, processing, evaluation and measurement of diamonds and gems,...
Technology Apr 18, 2014 Sarine
CIBJO logo
CIBJO Commission Report Qualifies Glass-Filled Rubies
Press Release: With fewer than five weeks before the opening of the 2014 CIBJO Congress in Moscow on May 19, 2014, the fourth of the CIBJO commissions' special reports has been released. Prepared by the...
Gemstones Apr 18, 2014 CIBJO
m a reich
Simply Diamonds Acquires M.A. Reich & Co.
Press Release: Simply Diamonds, a division of Jay Gems in New York announced that it has acquired color stone and diamond jewelry manufacturer M.A. Reich & Co. wholesale and manufacturing division. The terms of the...
Manufacturing Apr 18, 2014 Simply Diamonds
kingswood
Kingswood Company Sponsors Regional Women's Business Event
Press Release: The Ohio River Valley Women’s Business Enterprise Council held its annual conference from April 13 to 15 in Columbus, Ohio. The Kingswood Company, a certified Women Business Enterprise (WBE) by WBENC, was proud to serve...
Marketing Apr 18, 2014 Kingswood Company
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