De Beers ends 2017 Results Diamond giant De Beers said the 10th diamond sales cycle for this year showed the continuation of good demand for rough diamonds. De Beers provisional diamond sales for the tenth and last sight for 2017 amounted to $450m which was 3% down on the $466m recorded for the ninth sight but […]
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Diamond Rough Dear Friends I am sending you a very important article that addresses the most important problem in our trade. Essentially, our trade cannot make money if rough prices are consistently higher than polished prices. I encourage you to read the attached article and send a forceful email to Mark Cutifani, the
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Diamond Producers Association launches new “Real is Rare” advertising on the 18th Annual Latin Grammy Awards and the 2017 American Music Awards The Diamond Producers Association (DPA) launches new “Real is Rare” advertising tonight on the 18th Annual Latin Grammy Awards airing on Univision. “The Reveal” is one of two new videos presenting a modern
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Is Bitcoin Good for Diamonds? While Some See Opportunity, Others Question Bitcoin Stability Nov 8, 2017 3:17 AM By Rachelle Bergstein This article was first published in the November issue of Rapaport Magazine. Article by Rapaport Picture this: You’re helping a customer who is very close to making a purchase on a good-quality, high-value diamond. The topic of payment comes
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Alrosa the Russian diamond miner managed to find three large rough, gem-quality stones ranging from 82 to 163 carats at the Jubilee kimberlite pipe of its Aikhalsky Mining unit in the country’s northeast. The diamonds recovered by Alrosa are an 82.82-carat and a 108.34-carat transparent yellow-tinted stones, as well as a 163.11-carat rough yellow-hue diamond. “Simultaneous extraction of
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Rapaport Peace Diamond Video Challenge November 7, 2017, New York… Challenge The Rapaport Group is offering a first prize of $5,000 for the best video promoting the Peace Diamond® and the brand concept “Diamonds That Make the World a Better Place” ®. The video must be under 2.5 minutes and focus on the role that
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Gem Diamonds Q3 2017 Gem Diamonds Limited (LSE: GEMD) (“Gem Diamonds” or the “Company” or the “Group”) provides the following Trading Update detailing the Group’s operational and sales performance for the Period from 1 July 2017 to 30 September 2017 (“Q3 2017” or the “Period”). Letšeng: Recovered 30 774 carats during the Period, up 23% from 24 999 carats
RAPAPORT… Lucapa Diamond Company has raised its output, cash-flow and mine-lifespan forecasts for the high-value Mothae kimberlite diamond project in Lesotho, where operations are due to start next year. Lucapa Raises Targets for Lesotho Mine – Rapaport
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ALROSA recovered a unique pink 27.85-carat diamond “Almazy Anabara”, a subsidiary of ALROSA, recovered a large pink rough diamond weighing 27.85 carats. This is a unique discovery: by far the largest company’s pink rough diamond had a weight of about 4 carats. If the company decides to cut this stone, it could become the most
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Meeting of the Supervisory Board of ALROSA On September 23, a meeting of the Supervisory Board of ALROSA (PAO) was held in Mirny, under the chairmanship of the head of the council, Finance Minister Anton Siluanov. The Supervisory Board, in particular, supported the decision to hire an independent consultant to investigate the causes of the accident
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