DIAMONDS DIAMOND REPORT IGI Diamond Reports give an accurate assessment of a diamond’s cut, color, clarity and carat weight according to strict international standards. IGI Diamond Reports are issued for diamonds of any size; a plotted diagram of the characteristics and a graphic representation of proportions appear on many of our documents. IGI Diamond Reports […]
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Market Comments 5/28/2015 Rapaport: Sentiment improves as JCK Las Vegas show opens. Stable prices for select categories with shortages supporting the market. Poor makes are still in over-supply. U.S. demand good but not great as jewelers experience mixed 1Q: Signet Jewelers same-store sales +4%, sales +45% to $1.5B, profit +23% to $119M; Tiffany &
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Excelsior Prepares to Fill Lending Gap in Diamond, Jewelry Industry Press Release: Excelsior Capital Ventures (ECV) LLC, founded by industry leader Nehal Modi, is in the process of a significant capital increase targeted solely for deployment in the diamond and jewelry manufacturing/wholesaling sectors. ECV will provide loans securitized by diamond and precious metal inventories. The Excelsior platform
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Alrosa unearths large 78.02-carat diamond from its Mir mine Story By Cecilia Jamasmie of Mining.com Russia-owned diamond miner Alrosa has unveiled a 78.02 ct. diamond from its Mir underground mine, estimated to be worth more than $600,000 if put on auction. The stone, measuring 28.5 х 28.4 х 24.2 mm, has a regular shape with minor technogenic damages
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De Beers Reduces Rough Prices – Too Little? De Beers apparently heard its clients and reduced the prices and quantities of rough diamonds it offered at the May 48 sight. The price cut was an average of 3%, concentrated mainly in the better qualities, while the cost of goods destined for the U.S. mass
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De Beers inviting bids for life-extending takeover of Kimberley Mines JOHANNESBURG (miningweekly.com) – South Africa’s De Beers Consolidated Mines (DBCM) on Thursday announced its intention to dispose of its Kimberley Mines as a going concern by competitive tender to a new owner able to extend the life of the historic operations beyond 2018 and preserve
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List of September 20, 2005, of Participating Countries and Entities in the Kimberley Process Certification Scheme, Known as “Participants” for the Purposes of the Clean Diamond Trade Act of 2003 (Pub. L. 108-19) and Section 2 of Executive Order 13312 of July 29, 2003. A Notice by the State Department on 05/18/2015 Clean Diamond Act
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Avi Krawitz, Rapaport Senior Analyst, discusses the U.S. diamond and jewelry market and what to look out for at next week’s Las Vegas shows; Hong Kong’s diamond trade contracted in the first quarter as net exports to China fell; Titan Company’s revenue declined but profit rose in its fourth fiscal quarter amid sluggish consumer sentiment
Hong Kong Jewelers Consider Opening on the Mainland to Boost Sales: China Daily: Despite falling rents, many luxury retailers in Hong Kong are still facing dwindling sales, forcing some of them to look for opportunities in smaller cities and townships on the mainland. Cindy Yeung, the chairperson of Emperor Watch & Jewellery (HK) Co. Ltd., said
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Heritage Auctions’ sale of fine jewelry achieved $5 million earlier this month with the top lot, a 5-carat, fancy light pink diamond ring by Chopard, selling for $605,000. The company stated that multiple bidders competed for large, single diamonds and exceptional pieces by top designers, including a 6-carat fancy pink diamond bracelet, also by Chopard,
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