A crucial change to GIA grading reports could restore confidence among the trade and consumers.
Prices for Rough at TAGS Tender Exceed Expectations
Sale of specials achieves 95% sell-through rate.
South Africa Tightens Rough Rules to Boost Local Manufacturing
Guidelines require producers to offer reasonable prices and assortments.
South Africa’s diamond regulator has introduced new guidelines requiring rough producers to offer their goods to local buyers on more attractive terms.
Miners in the country already have to make 10% of their run-of-mine rough available for the State Diamond Trader (SDT) to purchase. After that, producers — or dealers that bought rough from them — must offer…
Please Log in to your Account or Subscribe Now
This content is available only to Rapaport Price List and Trade Members
Stay Up-to-Date with Rapaport Industry News and Analysis
Top Stories from Rapaport
Anglo American Mulling $1B De Beers Sale – Report
Gareth Penny-led consortium would pay $750 million up front, Bloomberg says.
Weak Market and Product Mix Dent Petra Revenue
Sales value down 24% in fourth quarter and flat for full year.