THE RAPAPORT GROUP


Associated tags: Luxury, Jewelry, Mining, Minerals, Specialty, Natural Resources, Bridal, Fashion, Other Manufacturing, Retail, Communications, Manufacturing, Diamond, Rappaport (surname), Trax, Certification

Rapaport Press Release: ‘Don't Buy Blood Diamonds!’ Urges Martin Rapaport at JCK Breakfast

Retrieved on: 
Wednesday, June 5, 2024

During the annual Rapaport Breakfast at the JCK Las Vegas event, Martin Rapaport, Chairman of the Rapaport Group, addressed a packed audience on the critical issues facing the diamond industry.

Key Points: 
  • During the annual Rapaport Breakfast at the JCK Las Vegas event, Martin Rapaport, Chairman of the Rapaport Group, addressed a packed audience on the critical issues facing the diamond industry.
  • Sharing his personal connection to the industry, Masire stated, “I am a product of diamonds,” illustrating the positive impacts diamonds have had on Botswana’s development.
  • Making a powerful call for integrity and ethical responsibility, Rapaport dropped to his knees, and pleaded with attendees, “Don’t buy blood diamonds!
  • The event also marked the launch of new Rapaport initiatives, including the RapNet Buy Now service and Rapaport Source Certification.

Rapaport Press Release: World’s Largest Diamond Trading Network Bans Russian Source Diamonds

Retrieved on: 
Monday, May 9, 2022

RapNet, the worlds largest diamond trading network with daily listings of 1.8 million diamonds valued at $8.7 billion, has banned Russian diamonds from its network.

Key Points: 
  • RapNet, the worlds largest diamond trading network with daily listings of 1.8 million diamonds valued at $8.7 billion, has banned Russian diamonds from its network.
  • The ban applies to all diamonds sourced from Russia after February 24, 2022, and includes polished diamonds manufactured outside of Russia from Russian rough diamonds.
  • Ethical considerations are transcending legal requirements as buyers reject Russian source diamonds cut outside of Russia.
  • Group activities include Rapaport Information Services, providing the Rapaport benchmark Diamond Price List, as well as research, analysis and news; RapNet, the worlds largest diamond trading network; and Rapaport Trading and Auction Services, the worlds largest recycler of diamonds.

Rapaport Press Release: Rapaport Group Takes Action Following Russian Invasion

Retrieved on: 
Wednesday, April 6, 2022

The Rapaport Group of Companies has suspended all activity with all Russian and Belarusian companies.

Key Points: 
  • The Rapaport Group of Companies has suspended all activity with all Russian and Belarusian companies.
  • This includes Rapaport Information Services, RapNet Trading Network, Auctions, Brokerage and Quality Control services for both sanctioned and unsanctioned companies.
  • Buyers wishing to avoid polished diamonds sourced from Russian rough are encouraged to request the following statement on all invoices: The polished diamonds herein invoiced are cut from rough mined in [country].
  • About the Rapaport Group: The Rapaport Group is an international network of companies providing added-value services that support the development of ethical, transparent, competitive and efficient diamond and jewelry markets.