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Rapaport Illustrates the Importance of 'The Last 18 Inches'
July 01 2014 95:08

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Trans Hex Operation
Trans Hex Sells Pioneer Minerals for $3M
The Trans Hex Group agreed to sell its 100 percent interest in subsidiary Pioneer Minerals Ltd. for about $3.3 million (ZAR 35 million) to Bondeo 140 CC. The deal marks a final step in Trans Hex's...
Mining Jul 22, 2014 Jeff Miller
gahcho kue
Gahcho Kué Signs Benefit Agreement With Lutsel K’e Dene First Nation
De Beers Canada Inc., Mountain Province Diamonds and the Lutsel K’e Dene First Nation entered into an impact benefit agreement for the proposed Gahcho Kué diamond mine. De Beers is the operator of the project...
Mining Jul 18, 2014 Jeff Miller
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 July 17 at 4 p.m. July 17 July 10 Chng. $1 = Euro 0.739 0.734 0.005 $1 = Rupee 60.61 60.07 0.5...
Financial-Legal Jul 17, 2014 Rapaport News
Argyle Mine
Rio Tinto's Diamond Production -7% in 2Q
Rio Tinto’s diamond production fell 7 percent year on year to 3.832 million carats in the second quarter that ended on June 30, 2014. Diamond production from the company's Argyle mine in Australia fell 21 percent to 2.459...
Rough Markets Jul 15, 2014 Jeff Miller
Duas Barras Diamond Recovery Plant
Brazil Minerals Joins List of Top 200 Mines
Brazil Minerals Inc. reported that its diamond and gold mining subsidiary, Mineração Duas Barras Ltda (Duas Barras), is being added to the list of the Top 200 Mines in Brazil. The ranking, compiled by Revista...
Marketing Jul 15, 2014 Jeff Miller
Judge Sentences CMKM Stock Trader to Four Years in Prison
U.S. District Judge Larry R. Hicks sentenced Marco Glisson of Miami, Florida to four years in prison for conspiring to offer and sell unregistered securities of CMKM Diamonds Inc., as well as for tax evasion, and the court...
Financial-Legal Jul 14, 2014 Jeff Miller
Rockwell Diamonds
Rockwell Diamonds Reports 1Q Profit
Rockwell Diamonds Inc. reported a profit of $345,000 in the first quarter that ended on May 31 compared with a loss of $1.2 million one year ago. Revenue rose 67 percent year on year to $15.1 million, with $9.7 million...
Financial-Legal Jul 11, 2014 Jeff Miller
De Beers Diamond Sorting
De Beers Completes Empowerment Requirement With Ponahalo Holdings
De Beers completed its black empowerment mandate under the South African Mining Charter for both itsdiamond miningand its diamond trading businesses. The deadline to comply with the state requirement comes at the close...
Mining Jul 09, 2014 Jeff Miller
Stornoway Diamond Closes $886M Renard Financing Deal
Stornoway Diamond Corporation closed its financing transactions with Orion Mine Finance, Diaquem Inc. and Ressources Quebec, which are wholly-owned subsidiaries of Investissement Quebec, and the Caisse de depot et placement du Quebec for all...
Mining Jul 08, 2014 Jeff Miller
North Arrow
North Arrow Sends Pikoo Till Samples for Processing
North Arrow Minerals Inc. completed its planned till sampling at the Pikoo diamond project in central-eastern Saskatchewan, Canada. North Arrow collected 441 till samples in June, which was a follow-up program to the discovery of diamond...
Mining Jul 07, 2014 Jeff Miller
Martin Rapaport JCK 2014
Rapaport Illustrates the Importance of 'The Last 18 Inches'
Martin Rapaport's annual "State of the Diamond Industry" presentation provides strategic insights that jewelers need to understand the outlook for demand and supply, as well as a forecast of diamond prices going into the Christmas season....
Retail Jul 01, 2014 Rapaport News
ALROSA's Udachniy mine
ALROSA Begins Operations at Udachny Underground Mine
ALROSA commissioned its Udachny underground mine today and the mining giant anticipates that the operation will eventually become the largest underground diamond mine in Russia and one of the largest in the world....
Mining Jun 27, 2014 Jeff Miller
Fair Trade Conference Panelists
Guiding Principles
The annual Rapaport Fair Trade Conference that took place in Las Vegas in June sought to develop a broad set of values that would promote greater corporate social responsibility (CSR) across the jewelry supply chain....
Fair Trade Jun 27, 2014 Rapaport News
Rockwell Diamonds' 1Q Sales +15%, Production +90%
Rockwell Diamonds reported that rough sales rose 15 percent year on year to $8.76 million for the first quarter that ended on May 31. The company sold 6,677 carats, an increase of 34 percent from one year...
Mining Jun 26, 2014 Jeff Miller
Duas Barras Diamond Recovery Plant
Brazil Minerals Dramatically Increases Mineral Rights Acreage
Brazil Minerals Inc. added two mineral rights for diamonds and gold to its portfolio, adding 2,371 acres for total exploration program coverage of 3,775 acres. There was no stock issuance related to these transactions,...
Mining Jun 25, 2014 Jeff Miller
star orion
Public Comment Period Opens for Star-Orion South's Environmental Assessment
The Canadian Environmental Assessment Agency in Edmonton, Alberta opened the period for public comment on the comprehensive study for the proposed Star-Orion south diamond mine project, which is located in Saskatchewan and owned by Shore...
Mining Jun 24, 2014 Jeff Miller
zim sm
Mining Firms Ignore Traditional Life, Violate Rights of Villagers
The President of the Chiefs' Council, Chief Fortune Charumbira of Zimbabwe, told a mining indaba hosted by Zimbabwe Environmental Law Association this past week that Chiadzwa's diamond troubles are deepening as companies continue to ignore traditional...
Rough Markets Jun 23, 2014 Jeff Miller
Alrosa rough
Leviev Group to Sell Angolan Rough on Open Market
The Leviev Group reportedly reached a deal with Angola that allows the diamond company to sell rough diamonds from the Luminas mine directly on the open market rather than to specific traders in China and...
Rough Markets Jun 23, 2014 Jeff Miller
minister botswana
Botswana Reaches Out to Jewelers for Further Diversification
Botswana’s Minister of Minerals, Energy and Water Resources, Onkokame Kitso Mokaila, described the country's mission to diversify during a recent trip to the U.S.: to lure jewelers to invest in Botswana. “We want people to go as far down the...
Rough Markets Jun 17, 2014 Rapaport
Duas Barras Diamond Recovery Plant
Brazil Minerals Builds a Cutting, Polishing Facility
Brazil Minerals Inc. secured a proprietary facility in Brazil for cutting and polishing diamonds that are mined from its subsidiary, Mineração Duas Barras Ltda (Duas Barra). The mining company ramped up its polished...
Manufacturing Jun 16, 2014 Jeff Miller
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