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  • Thursday 17 November, 2016 Pink Diamond sells for $18M at Christie’s Geneva
  • Wednesday 9 November, 2016 Bain Capital and Bow Street to acquired Blue Nile
  • Thursday 3 November, 2016 Graff Showcases the Graff Venus

Pink Diamond sells for $18M at Christie’s Geneva

9.14 carats vivid pink

Christie’s a pink diamond at its Magnificent Jewels auction in Geneva on Tuesday at $2 million per carat.

The pear shaped 9.14 carat fancy vivid pink VS2 clarity diamond was sold for a total of $18.2 million.

Sales at the auction totaled $97.1 million.

Thursday 17 November, 2016

Bain Capital and Bow Street to acquired Blue Nile

Blue Nile diamonds

In a surprise announcement, online jeweller Blue Nile has entered into an agreement to be acquired by an investor group managed by Bain Capital Private Equity and Bow Street LLC.

Bain Capital and Bow Street will acquire 100 percent of the outstanding shares of Blue Nile common stock.

The cash deal is valued at $500 million, Blue Nile stockholders will receive $40.75 in cash per share, 34 percent over Blue Nile’s closing price on November 4.

Blue Nile’s board of directors approved the deal unanimously, and recommended that stockholders vote their shares in favour of the transaction.

Wednesday 9 November, 2016

Graff Showcases the Graff Venus

118.78 carat Graff Venus

The 118.78 carat type IIa diamond with no fluorescence and an excellent polish and symmetry. Is a record for a heart shape.

The diamond was polished from a 357 carat rough recovered at the Letšeng mine in Lesotho in 2015. Gem Diamonds sold the rough for $19.3 million to an undisclosed buyer in September that year.

Laurence Graff said “It is the most beautiful heart shape diamond I have ever seen.

Thursday 3 November, 2016

latest news

Monday 12 June, 2017

GEM DIAMONDS FINDS TWO LARGE ROCKS AT FLAGSHIP MINE IN LESOTHO

Africa focused Gem Diamonds has discovered two diamonds bigger than 100 carats at its Letšeng mine in Lesotho, which should help the company boost revenue and investors confidence.

Tuesday 6 June, 2017

KIMBERLEY DIAMONDS CLOSES ITS LAST MINE

Controversial Australia-based miner Kimberley Diamonds has put its last remaining diamond mine into administration after it failed to secure fresh funding.

Monday 5 June, 2017

DE BEERS GOES TO COURT OVER SOUTH AFRICA EXPORT LEVY

De Beers Consolidated Mines (DBCM) is reportedly appealing to the Pretoria High Court in South Africa to set aside a decision by the South African Minister of Minerals Mosebenzi Zwane requiring DBCM to pay a levy on diamonds exported from South Africa to Botswana for the purpose of aggregation.

Thursday 18 May, 2017

DE BEERS TAPS INTO POLISHED DIAMONDS MARKET WITH FIRST-TIME AUCTION

Anglo American’s De Beers, the world’s largest rough diamond producer by value, has decided to begin selling its own polished diamonds in auctions for the first time in its history.

Wednesday 17 May, 2017

SOTHEBY'S SELLS THE APOLLO AND ARTEMIS DIAMONDS FOR £44.9 MILLION

Wednesday 10 May, 2017

US WOBBLE TAKES SHINE OFF PANDORA SALES

Pandora reported strong growth in the first quarter, but US store closures and sluggish mall traffic dented its performance stateside.

Sunday 7 May, 2017

IMPORTANT ADVICE ON HOW TO SELL YOUR DIAMONDS

If you are you considering selling your diamond, but feel as though you have no idea how or where to begin with the process?