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De Beers Raises Prices 4% at Its $600M May Sight
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The De Beers May sight had an estimated value of $600 million as the company raised its rough diamond prices by approximately 4 percent. The price hike reflected a change in list prices on various goods as well as adjustments made...
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Rough Markets
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May 14, 2013
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Avi Krawitz
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De Beers Raises Prices 3% at $650M April Sight
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The De Beers April sight ended this past week with an estimated value of $650 million after the company raised prices by an average of 3 percent. Some boxes, including stones above 5 carats and 1-carat to 2-carat goods,...
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Rough Markets
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Apr 09, 2013
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Avi Krawitz
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Rough Markets
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Mar 19, 2013
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Jeff Miller
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De Beers February Sight Estimated at $550M
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The most recent De Beers sight closed with an estimated value of $550 million as the company adjusted assortments to reflect higher values in its boxes. Sightholders noted that while De Beers kept its prices basically stable...
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Rough Markets
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Mar 05, 2013
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Avi Krawitz
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Certified Diamond Prices Decline 3.6% in 1H 2012
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PRESS RELEASE, July 3, 2012, New York: Certified polished diamond prices fell in June as Far East and Indian demand stalled and industry liquidity dried up as the Indian Rupee collapsed. Year on year one carat...
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Polished Markets
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Jul 03, 2012
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Rapaport
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DTC to Allow Deferments as Rough Market Chokes
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The Diamond Trading Company (DTC) has informed its sightholders that they can defer goods at the next DTC sight as diamond cutters face tight liquidity and low profit margins. Sightholders may reschedule...
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Rough Markets
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Jun 28, 2012
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Avi Krawitz
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DTC March Sight Estimated at $520M
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De Beers raised prices slightly at the Diamond Trading Company (DTC) sight this week as the mining company has curbed its rough supply in the first quarter of 2012. The March sight had an estimated value...
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Rough Markets
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Mar 28, 2012
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Avi Krawitz
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Moving DTC
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The transfer of De Beers Diamond Trading Company (DTC) from London to Gaborone is well under way and couldn’t come sooner for Botswana. The move marks exciting times for the southern African nation and...
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Rough Markets
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Mar 16, 2012
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Avi Krawitz
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DTC's February Sight Estimate is $600M
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The Diamond Trading Company (DTC) February sight ended Wednesday with an estimated value of $600 million. The De Beers distribution unit kept prices stable with minor adjustments on specific items. The sight one year...
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Rough Markets
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Mar 01, 2012
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Avi Krawitz
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Confusing Sightholders
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Diamond Trading Company (DTC) sightholders arrived at the annual De Beers chairman’s cocktail reception on Tuesday with one thing on their minds – rough prices. Not only were they still trying to assess the true value...
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Rough Markets
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Jan 27, 2012
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Avi Krawitz
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DTC January Sight Estimated at $650M
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The Diamond Trading Company (DTC) opened its first sight of 2012 with an estimated value of $650 million, as the De Beers distribution unit adjusted prices but changed the assortments presented. ''We maintained the value...
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Rough Markets
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Jan 25, 2012
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Avi Krawitz
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Marketing
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Jan 25, 2012
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Jeff Miller
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More African, More Anglo
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De Beers and its sightholder clients had one core goal in 2011: to secure a stable, long-term supply of rough diamonds. Both have profited over the past four to five years and both knew their futures...
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Rough Markets
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Dec 23, 2011
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Avi Krawitz
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DTC Sightholders Confirm Contract for 2012 to 2015
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The following diamond companies have confirmed their Diamond Trading Company (DTC) sight(s) for the 2012 to 2015 contract period. This list will be continually updated as additional companies confirm with Rapaport News. (Read...
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Rough Markets
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Dec 20, 2011
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Rapaport News
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DTC Announces 72 Sightholders
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The Diamond Trading Company (DTC), the De Beers rough distribution unit, has chosen 72 sightholders for its next supplier of choice contract. The company raised the number of sights for Botswana but said it will...
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Rough Markets
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Dec 19, 2011
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Avi Krawitz
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De Beers to Announce New DTC Sightholder List
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The Diamond Trading Company (DTC) has finalized its sightholder list for the next contract period beginning in April 2012 and will inform applicants of their status on Monday, December 19. The De Beers distribution...
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Rough Markets
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Dec 15, 2011
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Avi Krawitz
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DTC December Sight Estimate at $420M
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The Diamond Trading Company (DTC) closed its final sight of the year with an estimated value of $420 million making slight adjustments to prices on certain items of rough diamonds. Feedback from sight participants indicated that...
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Rough Markets
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Dec 08, 2011
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Avi Krawitz
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DTC 2012 Sight Dates
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The Diamond Trading Company (DTC) has scheduled its 10 sights for 2012 on the following dates: January 16 – 19February 20 – 23March 26 – 29May 1 – 4June 11 – 14July 16 – 19August 28 – 31October 2 – 5November 5 – 8December 10 – 13...
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Rough Markets
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Aug 07, 2011
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Diamond Trading Company
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Sotheby’s Jewels Sale Achieves $9M
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Sotheby’s Important Jewels auction in New York yesterday achieved $8,897,278 against a presales range of $6.8 million to $9.4 million. It was the highest total for a February auction at Sotheby’s New York, with 79.1 percent sold...
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Gemstones
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Feb 03, 2011
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Denise Romano
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The De Beers CEO
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De Beers is scheduled to report its 2010 financial results next Friday, February 11. By all accounts, the mining company is expected to post impressive numbers. Conservative Rapaport estimates indicate that the company’s rough sales through...
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Mining
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Feb 03, 2011
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Avi Krawitz
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