GEM DIAMONDS OPTIMISTIC ABOUT LARGE DIAMONDS’ PRICES DESPITE MARKET

Gem Diamonds 140 carat rough

Gem Diamonds, which operates the Letšeng diamond mine in Lesotho, has published its sales performance for the first half of the year ended June 20, 2019. Gem Diamonds sold 55,714 carats during the period, achieving an average price of $1,697 per carat – 10% more than the average price for H2 2018. Revenue for the … Read more

3.72 Carat Diamond found at Crater of Diamonds State Park

A 3.72 Carat diamond was discovered at Arkansas State Park. Miranda Hollingshead 27 year old of Texas discovered the diamond during her first trip to the park. Miranda said she was in town visiting siblings and they wanted to do something fun, so they visited the park. An hour into their search, she found the … Read more

Super-deep diamonds contain traces of a pristine chunk of early Earth

A unique haul of diamonds that formed incredibly deep underground has been found in Brazil. What is more, they contain evidence that points to the existence of a pristine piece of original Earth rock that remains intact far underground. It is hard to believe that any of Earth’s early structure could still exist today after … Read more