< FEBRUARY 10TH, 2011 > The Polished Diamond Index   121.52 (0.06)       Edahn Golan Size Matters A recent statement by the WDC set off grumbling in India. The WDC clarified that Zimbabwe's Marange diamonds are not yet clear for ... Go to full memo Natalie J. Raps and Edahn Golan Strong demands and continued firm prices are reported from all of the global diamond centers, as the U.S. and Chinese consumer markets keep being ... Go to full report IDEX Online Research: Polished Diamond Prices Rise 1.4% in a Single Month Global polished diamond prices rose by 1.4 percent in January 2011, compared with December 2010, according to the IDEX Online Global Polished Diamond Price Index. This was the sharpest .... (February 6, '11, KEN GASSMAN) Go to Full Article Higher Rough Prices Propel Rio Tinto's Diamond Sales and Return to Profit Rio Tinto's gross diamond sales in 2010 totaled $682 million, rising 51.6 percent from 2009. Net earnings from diamond sales of $70 million are a return to profitability after the company ... (February 10, '11, EDAHN GOLAN) Go to Full Article IDEX Online Research: Gap Closes Between Retail and Producer Price Inflation The margin squeeze at the retail level abated for jewelers in December. Retail jewelry prices rose much more than expected, and producer price inflation eased modestly, which was also ... (February 9, '11, KEN GASSMAN) Go to Full Article High Polished Prices Affecting Jewelry Sales Volumes: Gitanjali Group DTC Sightholder Gitanjali Group chairman Mehul Choksi today (Wednesday) said that high polished prices had affected the volume of jewelry the group sold in the domestic market. .... (February 9, '11, VINOD KURIYAN) Go to Full Article Swatch: Record Revenues of $6.7 Billion in 2010 Swiss watchmaker Swatch reported record gross sales of CHF 6.44 billion ($6.69 billion) in 2010, rising 21.8 percent at constant exchange rates. The increase in revenues resulted in a ... (February 9, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article WDC Issues Marange Diamonds Trading warning The WDC it advising members of the diamond industry that "diamonds from the approved concessions in Marange in Zimbabwe do not carry the approval of the Kimberley Process until a conclusion ... (February 6, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article CaratLane Listed Among 20 Hottest Indian e-Commerce Start-ups Caratlane.com, the Indian online diamond retailer launched in 2008, is one of the 20 hottest e-commerce start-ups in the country, according to Dataquest magazine. ... (February 8, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article EFD & Anna Sheffield Partner on a Commitment and Bridal Jewelry Line Diamond Trading Company (DTC) Sightholder E.F.D. Ltd. is expanding its downstream efforts, announcing a collaboration with acclaimed accessories designer Anna Sheffield (of Sheffield & ... (February 8, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Argyle Pink Diamond Jewelry Outlet Opens in India Mumbai jewelry buyers seeking something rare and different have a new shopping destination, the Nirav Modi salon in Mumbai. The new store is offering jewelry set with pink diamonds from .... (February 8, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Have a Diamond and Chill, Baby If you have so much money that you do not know where to stuff it, try a crying baby's mouth. We are not suggesting an act of cruelty, of course, only an ultra expensive pacifier, one set .... (February 6, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Shrenuj Apr-Dec Revenue +34% to $377M, Expects Double Digit Growth DTC Sightholder Shrenuj & Company Limited announced revenues of $377.13 million and an after tax profit of $9.64 million in the April-December 2010 period. This is a growth of 34 .... (February 10, '11, VINOD KURIYAN) Go to Full Article More Diamonds, Cash Recovered In Mumbai Bank Theft Case Mumbai police investigators have reported the recovery of a further $549,000 worth of diamonds and $233,000 in cash in the ongoing investigations of the theft of diamonds from the bank ... (February 10, '11, VINOD KURIYAN) Go to Full Article New Import Tax Aims To Lower Mumbai's Octroi to 0.01% The thorny issue of Octroi, or entry tax into Mumbai, which has had the diamond industry and the city's municipal authorities at loggerheads for years, appears to have come to a resolution ... (February 9, '11, VINOD KURIYAN) Go to Full Article IGI Opens its Largest Lab in the Middle East at Almas Tower, Dubai IGI on Tuesday opened the company's largest full-fledged diamond certifying laboratory and training institute in the Middle East. The laboratory will be based in the Almas Tower in .... (February 8, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Alrosa January Sales +$313 Million Russian diamond giant Alrosa sold more than $313 million worth of rough and polished diamonds in January, the company said Monday in a release, eyeing a strong first .... (February 7, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Botswana's Diamond Exports Climb 38.5% in 2010 Botswana exported $149.6 million worth of diamonds in December 2010, bringing the country's annual diamond exports total to $3.02 billion at current exchange rates, rising 38.5 percent as the ... (February 6, '11, EDAHN GOLAN) Go to Full Article Penny Gets Hitched, Will Advise Investment Firm on Mining Former De Beers CEO Gareth Penny has joined investment firm TowerBrook Capital Partners L.P. as a senior adviser, the firm said on Wednesday. Penny announced his departure from De Beers in ... (February 10, '11, EDAHN GOLAN) Go to Full Article LKI Appoints Ben-Shushan as Coordinator of International Manufacturing Lazare Kaplan International Inc. (LKI) announced the appointment of Erez Ben-Shushan as Coordinator of International Manufacturing. LKI has manufacturing facilities in Namibia, Botswana and ... (February 10, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Amir Almog Appointed Lazare Kaplan International VP Rough Diamonds Lazare Kaplan International Inc. (LKI) appointed Amir Almog as Vice President - Rough Diamonds. Almog will be based in ... (February 7, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article February 14, Valentine's Day 8 Av. Pictet de Rochemont 1207 Geneva, Switzerland

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