Lucapa Diamond Company has recovered a 117-carat, gem-quality diamond from its Lulo alluvial mine in Angola. The stone is the miner’s 14th over 100 carats from Lulo to date, and its first in that size category this year, it said Thursday. Lucapa found the stone in mining block 19, located between its high-value mining block … Read more
Las Vegas… Diamond market conditions improved in December as US and Chinese holiday demand helped raise sentiment. Polished prices stabilized and improved for sizes under 1 carat, supported by shortages of G+, VS2+ goods. High-end qualities (F+, VVS+) of 3 carats and larger diamonds remain weak. The RapNet Diamond Index (RAPI™) for 1-carat diamonds slid 0.2% … Read more
Beyonce Knowles Carter was dripping diamonds when she arrived at the 2020 Golden Globes with her husband Jay-Z Carter. Beyonce wore over 300 carats of diamonds from Lorraine Schwartz and a beautiful gold and black Schiaparelli dress. The mother of three 38-year-old children was nominated for her fourth Golden Globe. She was nominated for her … Read more
Before the 2010s decade came to an end, Laurence Graff, the founder of the luxury jewelry and gem brand that bears his name, had one more deal to make with the acquisition of a 20.69-carat fancy yellow diamond named the “Firebird.” The Asscher-cut diamond with VS1 clarity and “excellent polish and symmetry,” according to the … Read more
The Western Australian government has invited Gibb River Diamonds and India Bore Diamond Holdings to mine at the Ellendale deposit. The companies will pay rental fees on the areas in which they set up operations, rather than owning that portion of the site outright, the Department of Mines, Industry Regulation and Safety (DMIRS), told Rapaport News last … Read more
Blue The 9.75 carat Zoe Diamond which sold for more than $32 million. Zoe Diamond Green 5.03 carats Aurora Green sold for $16.8 million Aurora Green Orange 14.82 carat pear shaped Orange diamond sold for more than $35 million. The Orange Red The 1.56 carat Fancy Red Phoenix diamond sold for $2 million Phoenix diamond Pink … Read more
De Beers has provided its rough-diamond clients and Forevermark partners with guidelines on how to operate in the lab-grown market if they wish to continue tapping into its branding. The mining company, which in 2018 forayed into gem-quality synthetics with the launch of its Lightbox brand, is demanding businesses make full disclosure about their product, … Read more
Anglo American’s De Beers, the world’s No.1 diamond miner by value, said on Wednesday that its last roughs sale of the year fetched $425 million, a slight improvement from the $400 million it obtained in the previous tender, but still over the year a whopping $1.4 billion less than in 2018. The figure is also 20% lower than … Read more
Alrosa will help launch a blockchain-based provenance program offering Chinese consumers greater transparency when buying jewelry via WeChat. The e-commerce program, a partnership with blockchain platform Everledger and Chinese Internet giant Tencent Holdings, will be available to nearly a billion WeChat users, the companies said Monday. WeChat, which is owned by Tencent, is a multipurpose messaging, … Read more
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