Over graded diamonds

Recently there has been a lot of controversy in the diamond and jewellery trade regarding over graded diamonds. This led to one laboratory being banned from listing on Rapaport. Video

GSI Opens Botswana Lab

Mark Gershburg CEO of GSI said that after decades of just mining rough diamonds. Botswana capital Gaborone now cuts, polishes and sells diamonds. This has created demand for gemmological laboratories. Therefore Gemological Science International has now opened a laboratory in Botswana’s trading centre.

Blue Nile’s 3Q Sales +20%

Blue Nile’s sales rose 20 % year on year for the third quarter of 2012. Turn over for the third quarter was $89.8 million. 4 quarter sales are expected between $140 million and $153 million, compared with $112 million in the fourth quarter of 2011.   We are excited to report solid results in the … Read more