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Diamond-related shares mainly fell in 2018, in line with a global stock-market downturn. Investors fretted about trade tensions, uncertain consumer demand and the impact of the US Federal Reserve raising interest rates in December.
Data can be exhilarating. Earlier this week, Avi Krawitz, Rapaport’s News Editor and Senior Analyst, called this reporter over to look at his screen, as there was something exciting on it.
As the final days of 2018 pass by, the year has been somewhat of a roller-coaster ride. But then, what’s new about that, some might say.
Press release – ALROSA, the largest diamond mining company in the world, took the second place in the final rating of the fundamental (environmental and energy) efficiency of the 150 largest companies in Russia and Kazakhstan operating in the real economy.
As the year comes to a close, Rapaport News takes a look back at the largest rough stones miners unearthed in 2018, and the diamonds that fetched the highest prices at auction.
The Dubai Diamond Exchange (DDE) is to join the MyKYCBank platform of India’s Gem & Jewellery Export Promotion Council.
De Beers is planning to loosen its source-disclosure restrictions for sightholders following requests for increased transparency, Rapaport News has learned.
The participants of the recent Kimberley Process Plenary Meeting hosted by the European Union in Brussels carried their work to completion on November 16, 2018 but were left with a home work on their hands to be done before the next convention under the chairmanship of India.
HRD Antwerp will open a diamond-jewelry grading laboratory in Dubai’s Almas Tower through a partnership with retailer Stargems Group.
Dominion Diamond Mines announced that a 552 ct. yellow diamond (pictured) has been discovered at the Diavik mine in Canada’s Northwest Territories. The mine says the stone is the largest gem-quality diamond ever found in North America.
Press release – ALROSA presented the results of its global luxury and jewelry market research for Q3 of 2018.
Gem Diamonds has recovered two large diamonds within a 24-hour period at its Letšeng mine in Lesotho, the company said Wednesday.