< MAY 12TH, 2011 >

The Polished Diamond Index   130.98 (0.05)

Edahn Golan New De Beers CEO? Oui, Peut-�tre* It has been nearly a year since Gareth Penny announced his departure, and it seems like the choice of a new CEO for the De Beers Group has ... Go to full memo Natalie J. Raps, Vicky Sharma and Edahn Golan The quick post-holiday pick up in trading last week, is followed with a week of good trading. Go to full report

2010: Year of Replenishment, Speculation and Recycling Any analysis of the 2010 diamond pipeline will need to focus on at least three factors: replenishment throughout the value chain, enormous speculation in rough fuelled by an overabundance of ... (May 11, '11, CHAIM EVEN-ZOHAR) Go to Full Article JB Diamonds Case Highlights Need for Relationship Banking The State Bank of India's (SBI) possession notice to JB Diamonds, the former DTC Sightholder that defaulted on loans totaling $174 million (Rs.7.75 billion) from a ten-bank consortium last ... (May 12, '11, VINOD KURIYAN) Go to Full Article NJN: Mother's Day Sales Up For Jewelers Mother's Day sales improved for many jewelers compared to last year, retailers interviewed by National Jeweler ... (May 11, '11, COURTESY NATIONAL JEWELER NETWORK) Go to Full Article Sotheby's Q1 Sales Rise 23% Sotheby's reported a net income of $2.4 million in the first quarter ended March 31. Traditionally the auction house posts a loss in the first quarter, however this year the company .... (May 11, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Helped by Strong Growth Abroad, Blue Nile Q1 Sales at Record $80M Blue Nile's first quarter net sales increased 8.3% to $80.2 million, a record first quarter sales level. Net income totaled $2.4 million, inching up from last year. ... (May 8, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article DGSE Q1 Revenues Up 43% DGSE Companies, Inc. reported revenues of $24.7 million for the three months ended March 31, a 43% increase. The company posted a $302,612 profit, pulling out of the losses it posted a year ... (May 8, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article HRD Antwerp & Verichannel Launch Direct Feed Of Diamond Data to Market HRD Antwerp and Verichannel announced today (Thursday) the creation of a direct feed of diamond grading data from the HRD lab's computers to Verichannel's online trading platform. ... (May 12, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Sarin Q1 Revenues $12.3 Million Sarin Technologies Ltd reported today $12.3 million in revenues in the first quarter and a net profit of $3.3 million. The company said that the strong sequential quarterly growth is driven ... (May 12, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article GSI Opens Office in Israel Gemological Science International (GSI), the third-largest gemological laboratory in the U.S., recently opened a satellite office in Israel. GSI Israel is located in the Diamond Tower, .... (May 11, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Syndicat Saint Eloi Joins the Responsible Jewellery Council Syndicat Saint Eloi, the French Union of Watch and Jewellery Traders (the Union du Commerce, de l'Horologerie, Bijouterie, Joaillerie, Orf�vrerie et Accessoires), has become a Member of the ... (May 8, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Increased Demand from India, HK and China at Latest Diamdel Auctions De Beers' secondary market supplier Diamdel sold all of the 218 rough diamond lots it auctioned between April 13 and May 3. Strong demand led to price increases in +2 ct, grainers and .... (May 11, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article BHP Billiton Appoints New President of Diamonds Unit, Announces Ekati Expansion BHP Billiton is moving forward with the Misery open pit project at its Ekati diamond mine in Canada, expecting to start producing ore in late 2015. BHP Billiton has also announced the .... (May 11, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article James Campbell Jumps from Lucara to Rockwell James Campbell, who until a few days ago served as the Vice President - New Business at Lucara, has been appointed as President and Chief Executive Officer of Rockwell Diamonds. He will ... (May 12, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article De Beers to sell Namaqualand to Trans Hex for $33.5M De Beers announced that it will sell the Namaqualand diamond mine in South Africa to Trans Hex for 225 million Rand ($33.5 million). The sell joins a number of low producing diamond mines the ... (May 8, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article JA Grant Helps Fund State Association Events Jewelers of America (JA) provided $12,500 in funding last year to its state and regional association partners via its Affinity Group Support Fund, the organization said on Friday. .... (May 8, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Expelled Diamantaire Stabbed On Wednesday evening, an Israeli diamond trader was found near the Israeli diamond exchange with a knife in his chest. The man arrived at the hospital in critical condition, and is now .... (May 12, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article May 30, Memorial Day, U.S. holiday June 2-6, Couture 2011 June 3- 6,JCK Las Vegas June 6, Dragon Boat Festival, China June 13-15, DTC Sight 5 June 19, Father's Day, U.S., Chaina & Hong Kong 8 Av. Pictet de Rochemont 1207 Geneva, Switzerland

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