RAPAPORT... Sales of jewelry and other luxury items in Hong Kong plummetedin September as ongoing protests and unrest in the municipality hit tourism andconsumption. Revenue from jewelry, watches, clocks and other valuablegifts dropped 41% year on year to HKD 3.63 billion ($463.6 million) during themonth, the municipality's Census and Statistics Department reported Friday.That result was only...Read More
RAPAPORT... The Canadian Jewellers Association (CJA) has chosen MarcoMiserendino to serve a second one-year term as chairman of its board of directors. The vice president and managing director of Montreal-basedjewelry store Bijouterie Italienne was first elected to the board in 2018. Other members of the board include past co-chairman UmeshShah of RJB Diamonds and first vice chairwoman Gail...Read More
RAPAPORT... Sarine Technologies will modify its diamond-grading equipment to comply with the luxury jewelry retailer's stringentguidelines. Sarine bases its automated grading on the Gemological Institute of America's grading system. However, Tiffany's in-house graders have "discriminating" colorand clarity standards that pose "additional challenges" to the artificial-intelligence-based system...Read More
(IDEX Online) - The IDEX Polished Diamond Price Index showed a little movement in October, with prices rising slightly between the beginning and end of the month. The Index began the month at 120.40 and ended it at 120.97, rising less than 0.5%. Read More
(IDEX Online) - The Diamond Producers Association (DPA) has announced the appointment of Raluca Anghel as its Head of External Affairs and Industry Relations.In this new position, Anghel will be in charge of leading the development and implementation of the DPA's external engagement strategy.She previously held positions with Microsoft Europe and more recently with the European Parliament.The...Read More
(IDEX Online) - An Alrosa international auction for special size rough diamonds (weighing over 10.8 carats) held in Dubai realized over $7 million. The miner said it sold 112 large rough diamonds with a total weight of 1,740 carats."In Dubai, we sold 75% of auctioned rough diamonds," said Evgeny Agureev, deputy CEO of ALROSA"This is a good result at the time when tough market is still having an im...Read More
(IDEX Online) - The processing plant at Firestone Diamonds' Liqhobong Mine in Lesotho is operating again after the installation of temporary generators. The generators were brought in when the grid power supply to the mine was cut because of a planned shutdown at the Muela hydropower stationFirestone said the processing plant is operating at between 80-90-percent of full capacity. The ge...Read More
RAPAPORT... In the run-up to the first Rapaport Estate Jewelry Auction, Martin Rapaport explains in this webinar why the greatest opportunity facing the diamond, gem and jewelry industry is the purchase and resale of estate jewelry.Image: Jewelry from the Rapaport Estate Jewelry Auction. (Rapaport News)Read More
Australian nickel miner Independence Group on Monday made a A$312 million ($215....Read full newsRead More
VANCOUVER, Oct. 30, 2019 /PRNewswire/ - Equinox Gold Corp. (TSX-V: EQX, NYSE American: EQX) (Read full newsRead More
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Gold prices climbed on Thursday as the U.S. dollar weakened after the Federal Reserve cut interest rates for the third time this year, but signaled the monetary-easing cycle would be paused.Read full newsRead More
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