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Marange Rough
Zimbabwe Govt. Demands Diamond Dividends
(RAPAPORT) All Africa: The Reserve Bank of Zimbabwe has ordered banks to deduct 15 percent special dividends from gross diamond sales, backdated to April this year in line with provisions of the 2014 Finance Act, but...
Mining Oct 19, 2014 All Africa
luk fook
Luk Fook's 2Q Same-Store Sales -21%
Luk Fook Holdings, a Hong Kong-based jeweler, reported that same-store sales dropped 21 percent year on year in the second quarter that ended on September 30. The company reported that same-store sales in Mainland China fell...
Retail Oct 19, 2014 Deena Taylor
De Beers Rough
Namibia's Diamond Headache
(RAPAPORT) All Africa: A State-commissioned report warned that it would not make economic sense for diamond giant De Beers to develop another diamond hub in Namibia like the one in Botswana.The report titled 'Beneficiation possibilities for...
Rough Markets Oct 19, 2014 All Africa
Chow Tai Fook Store
Chow Tai Fook's Retail Sales -10% in 2Q
Chow Tai Fook reported that group retail sales fell 10 percent year on year in the second fiscal quarter that ended on September 30. The retailer stated that the decrease was due to the high...
Retail Oct 19, 2014 Deena Taylor
India
Banks Evaluate Surat Diamond Units
(RAPAPORT) Times of India: Officials of leading private and public sector banks have started to visit the diamond hub of Surat to evaluate the financial strength and business health of diamond companies that were using their...
Financial-Legal Oct 19, 2014 Times of India
Argyle Mine
Rio Tinto's Diamond Production -15% in 3Q
Rio Tinto’s diamond production fell 15 percent year on year to 3.549 million carats in the third quarter that ended on September 30, 2014.Rio Tinto owns the Argyle mine in ‎Australia, a 60 percent stake in the Diavik mine...
Mining Oct 19, 2014 Deena Taylor
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 15 at 4 p.m. Oct. 15 Oct. 8 Chng. $1 = Euro 0.780 0.786 -0.006 $1 = Rupee 61.56 61.06 0.5...
Financial-Legal Oct 15, 2014 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
POLISHED: Demand and activity is below typical levels ahead of Diwali. Many overseas buyers are visiting and filling immediate orders so the market remains cautious and price sensitive. Liquidity is extremely tight. Round -1 point:...
Research Oct 15, 2014 Rapaport News
Market Comments 10/15/2014
Polished centers quiet over Jewish holidays with sluggish Indian demand ahead of important Diwali holiday season. Buyer's market prevails as suppliers face tight liquidity. De Beers Oct. sight estimated at $460M; few extra goods (ex-plan) sold with more refusals and deferrals. Rough secondary market...
Research Oct 15, 2014
Rapaport TradeWire October 15, 2014
RAPAPORT NEWS SERVICE | Oct. 15, 2014 www.rapaport.com | news@rapaport.com...
Research Oct 15, 2014 Rapaport
zac posen
Blue Nile, Zac Posen Create a Collection of Fine Jewelry
Blue Nile Inc. and fashion designer Zac Posen announced a partnership to create an exclusive collection of engagement rings and fine jewelry that will debut in November. The online jeweler will feature Truly Zac Posen...
Retail Oct 15, 2014 Jeff Miller
jfc children
Jewelers for Children Makes Donation to Fight Ebola
Press Release: Jewelers for Children (JFC), the industry’s charity, has announced they have made a $ 100,000 donation to Save the Children’s Ebola Children’s Relief Fun to support efforts in fighting the deadly disease. JFC...
Marketing Oct 15, 2014 JFC
wellington
Norma Wellington Jewelry Show Takes Place Dec. 12 at bergenPAC
Press Release: bergenPAC, located at 30 North Van Brunt Street in Englewood, New Jersey, announces the annual Norma Wellington One Woman Holiday Jewelry Show on Friday, December 12, 2014 from 10 a.m. to 8 p.m. in the bergenPAC...
Gemstones Oct 15, 2014 bergenPAC
golden sands
Golden Sands Jewelry Announces a New Digital Look
Press Release: Golden Sands is focused on bringing the opulence and beauty of gold to every woman. Using nature for inspiration across its collections, the brand has expanded into retail stores across the Americas...
Marketing Oct 15, 2014 Golden Sands
AWDC
Antwerp, Shanghai Celebrate 30 Years of Strong Trade Ties
Press Release: The Belgian city of Antwerp and the Chinese city of Shanghai celebrated the 30th anniversary of their sisterhood with a spectacular fashion show in Shanghai, completely accessorized with diamonds. The exclusive evening was...
Marketing Oct 15, 2014 AWDC
Kiran Gems
Kiran Gems Hosts Blood Drive for Humanity
Press Release: Kiran Gems, the world’s largest manufacturer of diamonds, conducted a blood drive on October, 10, 2014 in association with Umang Foundation (NGO) and Sir J.J. Mahanagar Raktapedhi in support of humanity. This blood camp...
Manufacturing Oct 15, 2014 Kiran Gems
facebook phone
Jewelers Mutual to Address How to Limit Risk From Social Media Posts
Jewelers Mutual Insurance Company will host a webinar on October 20 at 9 a.m. (CDT) and again on October 24 at 2 p.m. (CDT) titled "Social Media: Opportunities and Perils for Jewelers" to help jewelers polish their social media skills....
Marketing Oct 15, 2014 Jeff Miller
graff
U.S. Jewelry Store Sales +4% to $2B
U.S. jewelry store sales rose 3.7 percent year on year to $2.45 billion in August. As reported earlier on Rapaport News, jewelry and watch sector sales from all retail channels, including jewelry stores and department...
Retail Oct 15, 2014 Jeff Miller
Diavik Diamond Mine, Courtesy: Diavik Diamond Mine
Diavik Diamond Mine Production Flat in 3Q
Dominion Diamond Corporation reported that Diavik's rough production was flat year on year in the third quarter at 1.67 million carats. However, production for the first nine months of the year was up 10 percent to 5.69...
Mining Oct 15, 2014 Jeff Miller
DEF
Wong and Prager Join Diamond Empowerment Fund Board
Press Release: The Diamond Empowerment Fund (D.E.F.) is pleased to add two global industry leaders to its board of directors: David Prager, the head of corporate affairs for the De Beers Group of Companies, and Kent Wong...
Marketing Oct 14, 2014 D.E.F.
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