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Polished Markets
The Jewelry Co.'s Team Participate in the Clean India Initiative
Press Release: The Jewelry Co., a division of SRK Exports, deployed its team members on November 22, with brooms in hand, to support the "Swacch Bharat Abhiyan," (Clean India) with the intention of inspiring everyone to take...
Manufacturing Nov 28, 2014 SRK Exports
Sierre Leone
Sierra Leone Issues Investors Warning Statement on Sunergy Inc.
Press Release: The National Minerals Agency (NMA) of Sierra Leone has been made aware of several press releases issued by Sunergy Inc., the latest of which was "Sunergy’s Dry Season Mining Operations now fully...
Mining Nov 28, 2014 Sierra Leone
Cutting Wheel
Diamond Cycles
Believe it or not, the fourth quarter is traditionally a slow period for the diamond trade. That may be a stark realization for some, especially on the eve of Thanksgiving weekend that signals the start of the Christmas shopping...
Polished Markets Nov 28, 2014 Avi Krawitz
DMCC Welcomes ALROSA to Almas Tower
Press Release: The Dubai Multi Commodities Centre (DMCC), one of the world’s leading commodity hubs for trade and enterprise and the largest and fastest growing free zone in the United Arab Emirates...
Rough Markets Nov 27, 2014 DMCC
Wealthy Singaporeans Warm Up to Jewelry
Press Release: Singapore is growing into a booming retail market for jewelry. Having traditionally acted as a trading link between Antwerp and India, today, an increasing number of luxury brands are now opening retail stores in Singapore...
Polished Markets Nov 27, 2014 AWDC
Diavik Diamond Mine, Courtesy: Diavik Diamond Mine
Rio Tinto Approves $350M A21 Development at Diavik Mine
Rio Tinto approved the development of the A21 kimberlite pipe at the Diavik mine in Canada’s Northwest Territories. The project carries an estimated cost of $350 million and will take four years to complete, Rio Tinto...
Mining Nov 27, 2014 Avi Krawitz
Cartier Jewelry Robbers Surrender After Paris Police Chase
(RAPAPORT) AFP: Two men, one armed with an AK-47, robbed a Cartier jewelry store near Paris's Champs-Elysees on Tuesday, leading to a police chase and a brief hostage situation when they sought refuge in a hair salon.The suspects...
Retail Nov 27, 2014 AFP
Rapaport TradeWire November 26, 2014
RAPAPORT NEWS SERVICE | Nov. 26, 2014 www.rapaport.com | news@rapaport.com...
Research Nov 26, 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 November 26 at 4 p.m. Nov. 26 Nov. 20 Chng. $1 = Euro 0.799 0.797 0.002 $1 = Rupee 61.77 61.93 -0.2...
Financial-Legal Nov 26, 2014 Rapaport News
Market Comments 11/26/2014
Inventory increasing, liquidity decreasing with tough rough pricing. Polished prices under pressure after relatively weak Indian Diwali and China Golden Week. All eyes and hopes are on the U.S. retail market. Chow Tai Fook 1H revenue -22% to $2.9B, profit -23% to $353M. Luk...
Research Nov 26, 2014
India Arch
Rapaport Weekly Indian Market Report
POLISHED: Compared with the previous week, there is lower demand and trading activity in the local polish market. Many overseas buyers are visiting but activity levels remain low. Buyers are still cautious...
Research Nov 26, 2014 Rapaport News
Christie's London Important Jewels Sale Achieves Nearly $23M
Christie's London sale of important jewels achieved $22,750,300 and was 75 percent sold by lot. All of the top 10 lots sold for well in excess of their presale estimates. Of the top lots, a 14.66-carat Kashmir sapphire and...
Polished Markets Nov 26, 2014 Jeff Miller
HSBC and Its Antwerp Diamantaire Clients Face Long Investigation
On November 17, the Belgian justice department indicted HSBC Private Bank SA, the Swiss subsidiary of HSBC Holdings, for aggravated and organized fiscal fraud, offering illegal financial services and for money laundering....
Financial-Legal Nov 26, 2014 Marc Goldstein
david yurman
David Yurman Opens Soho Boutique
David Yurman unveiled its second New York City retail location in the heart of Soho today at 114 Prince Street. The 2,000-square-foot store was conceived by the Yurmans in partnership with their in-house design team,...
Retail Nov 26, 2014 Jeff Miller
Bonhams Reports Robust Prices at Hong Kong Jewelry Auction
Bonhams Hong Kong concluded its fine jewelry and jadeite auction with numerous lots selling for above presale estimates. The top lot was a special "Flawless Collection of Hearts and Arrows Diamonds," comprised...
Gemstones Nov 26, 2014 Jeff Miller
ALROSA Reopens Sales Office in Dubai
Press Release: ALROSA suspended its ARCOS East sales office at the Dubai Multi-Commodities Centre (DMCC) during the market downturn in 2009, but the decision to reopen the sales office this month was in response...
Rough Markets Nov 26, 2014 ALROSA
Belgium's Princely Mission Sets Sights on Malaysian Diamond Market
Press Release: The Malaysian diamond market has reached a turning point. "Last year, Malaysia, which is particularly fond of gold, saw its diamond demand increase,” said Ari Epstein, the CEO of the Antwerp World...
Marketing Nov 26, 2014 AWDC
luk fook
Luk Fook's 1H Revenue -25%, Profit -17%
Luk Fook Holdings Company Ltd. reported that revenue plunged 25.1 percent year on year to $973 million (HKD 7.542 billion) in the first half that ended on September 30. Same-store sales fell 41 percent, but...
Financial-Legal Nov 26, 2014 Jeff Miller
ALROSA's Udachniy mine
ALROSA Posts $223M Loss in 3Q
ALROSA reported a loss of $223 million (RUB 10.3 billion) during the third quarter that ended on September 30, primarily due to foreign exchange losses. ALROSA posted a profit of $180 million (RUB 8.3 billion) the...
Mining Nov 26, 2014 Avi Krawitz
Israel Diamond Exchange
WFDB's President to Attend Intl. Diamond Week in Israel
Press Release: Ernest Blom, the president of the World Federation of Diamond Bourses (WFDB), confirmed that he will attend the 2015 winter edition of the International Diamond Week in Israel, to be held February 8 to 12. Blom accepted...
Marketing Nov 25, 2014 IDE
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