< MAY 20TH, 2011 > The Polished Diamond Index   132.95 (0.02)       Edahn Golan Picking Him May Actually Have Been the Easy Part, The Tough Part is "Now What?" What should we expect from the new CEO of De Beers, what do the Sightholders and others in the diamond trade think about .... Go to full memo Natalie J. Raps, Vicky Sharma and Edahn Golan Shortages and the upcoming Las Vegas show are generating strong demand and backing the firming ... Go to full report IDEX Online Research: U.S. Jewelry Sales Slacken in March Jewelry and watch demand softened moderately in the U.S. market in March. New data indicates that total jewelry and watch sales rose by 3.0% over the same month a year ago, the smallest ... (May 16, '11, KEN GASSMAN) Go to Full Article De Beers Group CEO is Philippe Mellier (Update 3) De Beers today (Monday) named Philippe Mellier as its new CEO, ten months after Gareth Penny announced his departure. He is expected to take the helms in the first week of July. Mellier has ... (May 16, '11, EDAHN GOLAN) Go to Full Article Record Sales for Richemont's Jewelry Brands Sales by Richemont's jewelry business totaled ?3.48 billion in fiscal 2011, a 29% increase over the previous year, the Swiss luxury goods group announced Thursday ... (May 19, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Pandora Q1 Sales Up 41% to $333M Despite Price Increases Pandora nearly doubled its bottom line in the first quarter, rising 90.7% to DKK 515 million ($98.2 million), the jewelry firm reported Thursday. Revenue increased by 41% to DKK 1.75 .... (May 19, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Fancy Intense Pink Diamond Sold for $1M P/C at Auction Lev Leviev's retail outfit bought a 10.99 carats fancy intense pink / VS1 diamond for $10.84 million at Sotheby's Magnificent & Noble Jewels auction yesterday (Tuesday). Though the .... (May 18, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article India Net Polished Exports $553M in April Gross exports of polished diamonds from India continue to grow, rising 5.5% year over year. In April the country exported nearly 5 million carats worth $2.05 billion, according to the .... (May 19, '11, EDAHN GOLAN) Go to Full Article U.S. Polished Imports Are 10% Above 2008 Levels Gross U.S. polished diamond imports totaled $1.94 billion in March, a 25.7% year-over-year increase. A net of $386.8 million remained in the U.S. after $1.56 billion were exported, based on .... (May 15, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Paz Calls for Bank Credit Reform Avi Paz, President of the Israel Diamond Exchange, has urged banks to consider rough diamonds as collateral. He is calling for banks financing the diamond industry to revise their credit ... (May 18, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Colin Powell to Keynote at Antwerp Diamond Conference Former U.S. Secretary of State Colin Powell will deliver the keynote address at the 2011 Antwerp Diamond Conference Gala Dinner on May 23rd, the Antwerp World Diamond Centre (AWDC) .... (May 15, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article RJC to Hold JCK Event to Reinforce Consumer Confidence Twenty industry-leading organizations will host the inaugural Responsible Jewellery Council (RJC) Luncheon at JCK Las Vegas to reinforce consumer confidence in the diamond, gold and .... (May 19, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article WDC to Discuss KP Challenges at JCK Show The World Diamond Council will hold a panel presentation, providing an update on the efforts to resolve current challenges to the Kimberley Process. The JCK Las Vegas event will also cover the ... (May 18, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Royal Asscher to Debut Collection Inspired by African Savannah Shining Stars, Royal Asscher's new collection designed by Reena Ahluwalia, will debut at the JCK Las Vegas Show next month. Inspired by the day and night of the African Savannah and its ... (May 19, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Israel Getting Ready JCK Las Vegas Show As the expectations for the November-December holiday season are improving, participation in the important JCK Las Vegas show next month seems to grow in importance. Accordingly, the ... (May 17, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Maurice Fischler Is New President of Antwerp Diamond Bourse Maurice Fischler has been elected president of the Beurs voor Diamanthandel - Antwerp Diamond Bourse (ADB) -- at the biennial elections for half of its board ... (May 19, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Devon Pike to Head De Beers Diamond Jewellers in the U.S. De Beers Diamond Jewellers today announced that Devon Pike has joined the company as Chief Executive Officer of its U.S. business. Pike is expected to significantly strengthen De Beers in the ... (May 16, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Dalumi Sets Foot in Mumbai Israel-headquartered diamond firm Dalumi opened an office in Mumbai, saying it wants to be closer to the fastest growing diamond center in the world. ... (May 19, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Sharp Decline in U.S. Rough Trade in March The U.S. imported $36.8 million worth of rough diamonds in March, declining 18.4% from last year. Net imports dropped 87.9% to just $3.1 million, based on the latest data from the .... (May 16, '11, EDAHN GOLAN) Go to Full Article Leviev Sells Stake in Catoca Lev Leviev sold his 18% holding in the Catoca diamond mine in Angola to China Sonangol International for about $400 million, the Russian economic daily Kommersant reported. .... (May 18, '11, EDAHN GOLAN) Go to Full Article Namibia Upping Stack in De Beers Marine Operation De Beers gave the Government of Namibia another 35% stake in De Beers Marine Namibia (DBMN), increasing it form 15% to 50%. The agreement is part of a "long-term strategic alignment," the ... (May 19, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Namdeb Closing Bogenfels Operation Namdeb is closing its Bogenfels Operation in Namibia after it has been exhausted a rehabilitation project has commenced, the company said. Workers union sets alternate positions ... (May 18, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article Sarin Opens Sixth Service Center Sarin Technologies has shipped a Galaxy 1000 system to its sixth service center, opening in Johannesburg, South Africa. The device is used for scanning and mapping of internal inclusions in ... (May 16, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article EQC Begins Membership Drive The European Quality Circle (EQC), a European marketing and consumer-oriented organization, has begun its first membership drive among jewelry European retailers, EQC announced. The firm ... (May 17, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article MJSA Introduces Custom Jeweler Membership MJSA has introduced a new Custom Jeweler membership category to help retailers take advantage of increasing demand for customized jewelry, the jewelers ... (May 18, '11, IDEX ONLINE STAFF REPORTER) Go to Full Article GIA Appoints Jan Iverson Gems & Gemology Editor-in-Chief Jan Iverson is the new Editor-in-Chief of Gems & Gemology (G&G), GIA's award-winning quarterly research journal. G&G publishes, in print and online, the latest peer-reviewed ... (May 15, '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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