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Alrosa sees gradual recovery in smaller diamond market

Author: MARLENY ARNOLDI - Published 07-03-2019 13:07 - (0 Reads)
Rough diamond sales in February comprised $340-million, compared with $278-million in January, while polished diamond sales comprised $5-million, compared with $3.4-million in January.

Seller Puts $15.5M Crown on RapNet

Author: unknown - Published 06-03-2019 13:09 - (0 Reads)
Russian diamond manufacturer Kristall Smolensk is selling a replica of the Great Imperial Crown of the Russian Empire on RapNet’s new jewelry platform for $15.5 million.

Lab-Grown Diamond Detectors Put to the Test

Author: Rob Bates - Published 05-03-2019 13:10 - (0 Reads)
The Diamond Producers Association (DPA) and Signet Jewelers have published the first results of their program designed to measure how well lab-grown diamond detectors actually do what they claim.

HRD NV to issue Laboratory Grown Diamond Jewellery Reports

Author: unknown - Published 04-03-2019 13:12 - (0 Reads)
HRD NV of Antwerp will begin will issuing laboratory grown diamond jewellery reports. In an online announcement, HRD stated that “…our laboratory has the knowledge and instruments needed to thoroughly analyse your jewellery. Every diamond of the jewellery piece is tested to determine whether it is natural or laboratory grown. If all diamonds set in the jewellery piece are found to be Laboratory Grown, under disclosed condition, we will issue a Laboratory Grown Diamond Jewellery Report, with this clear wording on the cover.”
The planned report will provide a general description of the jewelry, the laboratory grown diamonds it contains and the precious metals of which it is made. It also will state, where applicable, the total amount of diamond, describe the 4 Cs, describe the jewelry piece itself, including the metals used and offer additional info about the designer and the collection the piece is part of.

India gold demand picks up as prices dip; buyers eye further correction

Author: unknown - Published 01-03-2019 13:42 - (0 Reads)
Gold demand in India improved this week due to a fall in local prices, while some investors in other major Asian centres sold the metal back to make use of relatively higher prices while delaying purchases on expectations of a further correction.

Rapaport Weekly Market Comment

Author: unknown - Published 28-02-2019 13:56 - (0 Reads)
Slow start to Hong Kong show, but optimistic Far East buyers are restocking inventory after Chinese New Year. Dealers hoping show will stimulate better trading after sluggish Jan./Feb. Rough market cautious as profit margins remain tight despite rough-price reductions at De Beers sight. Swiss lab SSEF launches GemTrack, linking polished to rough colored stones. Michael Hill 1H sales -3% to $226M, profit +124% to $14M. Sarine 4Q sales -6% to $12M, profit -85% to $93,000. Rio Tinto diamond revenue -2% to $695M, profit +28% to $118M. Lucara 2018 revenue -20% to $176M, profit -82% to $12M. De Beers appoints Nompumelelo Zikalala CEO of merged South Africa and Canada mining divisions.

Alrosa Recovers 99ct. Diamond at New Mine

Author: unknown - Published 28-02-2019 13:53 - (0 Reads)
Alrosa has unearthed a 98.8-carat, gem-quality diamond from its new Verkhne-Munskoye mine in Yakutia, it said Wednesday.

Lucapa secures first diamond sales from Mothae plant

Author: unknown - Published 28-02-2019 13:52 - (0 Reads)
Lucapa Diamond Company’s first sale from its new Mothae kimberlite plant in Lesotho, southern Africa has returned $5.3 million at a tender in Antwerp, Belgium.

Synthetics: A Special Report from Rapaport

Author: unknown - Published 28-02-2019 13:50 - (0 Reads)
The Rapaport Group has published a special report delving into the key issues around lab-grown diamonds.
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