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U.S. Jewelry Price Inflation -1% in April
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The U.S. consumer price index (CPI) for jewelry eased again in April, falling 1.2 percent year on year to 174.96 points in response to weaker prices for precious metals. The CPI was a little more than...
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Research
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May 17, 2013
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Jeff Miller
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Hong Kong's 1Q Polished Imports +4%
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Hong Kong’s polished diamond imports rose 4 percent year on year to $4.485 billion in the first quarter of 2013, according to data published by the Diamond Federation of Hong Kong China Limited. By volume, the imports increased 5 percent...
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Polished Markets
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May 16, 2013
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Avi Krawitz
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Belgium's April Polished Exports +23%
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Belgium's April polished diamond exports grew 23 percent year on year to $1.157 billion in April, according to the Antwerp World Diamond Centre (AWDC). By volume, polished exports fell 9 percent to 533,128.25 carats as the average price of the...
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Polished Markets
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May 16, 2013
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Deena Taylor
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Christie's Geneva Sale Totals $102M
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Christie’s Geneva sale of magnificent jewels totaled $102.1 million (CHF 98.8 million) with the top lot setting a record auction price for a colorless diamond. The auction sold 86 percent by lot and 93 percent by value....
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Polished Markets
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May 16, 2013
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Avi Krawitz
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Christie's Geneva Spring Sale of Magnificent Jewels
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Christie’s Geneva will offer its spring sale of Magnificent Jewels on May 15, led by a truly sensational 101.73-carat, D, flawless, pear-shaped diamond along with more than 300 other lots. Christie's expects the sale to fetch...
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Polished Markets
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May 14, 2013
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Rapaport News
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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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JNA Extends 2013 Awards Deadline to May 22
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Jewellery News Asia (JNA) extended the deadline to enter its 2013 jewelry and gemstone JNA Awards to May 22. The JNA Awards recognizes industry accomplishments, innovation and creativity across Asia. Judging of the...
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Marketing
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May 13, 2013
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Jeff Miller
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Fair Trade
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May 13, 2013
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DEF
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Public Comment Period Opens for Renard Diamond Project
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The Canadian Environmental Assessment Agency is conducting a comprehensive environmental assessment on Stornoway Diamond Corporation's Renard diamond project in Quebec and opened the public commenting period. Stornoway is proposing to develop the diamond mine on its Foxtrot...
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Mining
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May 10, 2013
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Jeff Miller
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Gemstones
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May 10, 2013
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AGA
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Demand Driven Ethics
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The diamond industry should be encouraged by new initiatives to enhance the integrity of the global supply chain, not be threatened by them. Therefore, criticism of the April 30 meeting in Paris to discuss responsible supply chains for precious stones...
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Fair Trade
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May 10, 2013
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Avi Krawitz
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Rockwell Diamonds' 4Q Revenue +19%
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Rockwell Diamonds Inc. reported a 19 percent year-on-year increase in sales to $7.2 million for the fourth fiscal quarter that ended on February 28. The company sold 5,308 carats during the period at an average price of $1,355...
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Mining
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May 08, 2013
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Jeff Miller
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Polished Markets
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May 08, 2013
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Jeff Miller
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Marketing
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May 08, 2013
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Kama Schachter
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Polished Markets
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May 07, 2013
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Jeff Miller
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Rockwell Diamonds' Production -5%
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Rockwell Diamonds reported that its production fell 5 percent year on year to 4,043 carats for the fourth quarter that ended on February 28. Rough diamond production from its Saxendrift property jumped 34 percent to 1,929...
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Mining
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May 07, 2013
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Jeff Miller
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Okavango to Hold First Diamond Auction in June
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The Okavango Diamond Company will hold a pilot sale of rough diamonds on June 26. The sale is intended to test the company’s systems before it launches full, regular auctions in September.Okavango will invite 50 companies to view...
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Rough Markets
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May 07, 2013
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Avi Krawitz
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Certified Polished Diamond Prices Stable in April
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PRESS RELEASE, May 6, 2013, New York: Certified polished diamond prices were stable in April as trading slowed during the Passover and Easter holidays. The Basel show and New York auctions demonstrated strong...
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Polished Markets
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May 07, 2013
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Rapaport
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Financial-Legal
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May 06, 2013
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Jeff Miller
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Macao's Diamond Exports, Watch Imports Surge in 1Q
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Macao exported $6 million (MOP 48.1 million) worth of diamonds and diamond jewelry in March, an increase of 113 percent year on year, while exports of clocks and watches surged 54 percent to $4.1 million (MOP 33 million). The first-quarter's...
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Manufacturing
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May 06, 2013
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Jeff Miller
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