RAPAPORT®
NewsBrief
September 12, 2023
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Belgian Manufacturer HB Splits from Cofounder
HB, the Antwerp-based diamond firm known for its innovative deals with miners, luxury houses and the Botswana government, has parted ways with its cofounder and managing partner Oded Mansori.
De Beers Hopes to Avoid Strike with Five-Year Deal
South Africa’s National Union of Mineworkers has been planning industrial action at Venetia deposit.
Alrosa Finds Russia’s Largest Diamond in a Decade
Company unearths 391-carat rough at Mayat mine in Yakutia.
NY Diamond Dealers Charged with Moving Money Illegally
Five defendants used businesses as front to transfer more than $600 million since 2019, says US Department of Justice.
News Digest
De Beers Slugs It Out with Department over Closure of Limpopo Mine
(Business Day)
The Diamond Industry, Trying to Lure New Customers, Turns to Platonic Relationships
(NPR)
Diamond Demand Heads for a Hard Landing with ‘Temporary Disruption’ at Play
(Business Insider India)
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1449
-1.00%
-5.03%
-4.54%
 0.50 ct
2028
-1.43%
-8.79%
-29.99%
 1.00 ct
6274
-1.53%
-5.28%
-25.53%
 3.00 ct
22688
-0.43%
-1.64%
-14.13%
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