Botswana Diamonds licensed for South African kimberlite cluster

The kimberlite cluster is located around 110km north-east of a Finsch diamond mine. Diamond mining company Botswana Diamonds has secured a five-year prospecting licence on ground containing the Reivilo cluster of kimberlites in Barkley West, South Africa. The kimberlite cluster is located around 110km north-east of a Finsch diamond mine owned by Petra Diamonds. According to an … Read more

Christie’s to Sell the Red Cross Diamond

One of the world’s largest yellow diamonds weighing 205.7 ct and known as the Red Cross Diamond is to be auctioned by Christie’s London. The fancy intense yellow, cushion-shaped stone has a pavilion distinctively faceted in the shape of a Maltese cross. The original rough gem was recovered by De Beers, in South Africa, in … Read more

Rough Shortages Could Last 10 Years, Bain Says

The current shortfall in rough production will likely continue for up to a decade, while both demand and prices will remain strong, according to Bain & Company. Output fell 20% to 111 million carats in 2020 as the coronavirus pandemic forced companies to shut deposits, Bain said Monday in “The Global Diamond Industry 2021-22,” the … Read more

Jewellery valuations have been revolutionized.

The game changing App for jewellers has arrived in Australia.The UBER of Jewellery valuations has been launched on IOS and Android platforms. Get paid for valuations that take minutes to produce. Jewellery valuations have been revolutionized.Do you consider yourself an Expert or Master Jeweller, with years of experience? Do you use diamonds, precious stones and … Read more

Lucara Recovers 1,174 Carat Diamond from the Karowe Mine in Botswana

Lucara Diamond Corp. is pleased to announce the recovery of a 1,174.76 carat diamond from its 100% owned Karowe Diamond Mine located in Botswana. The diamond, measuring 77x55x33mm, is described as a clivage gem of variable quality with significant domains of high-quality white gem material, and was recovered from direct milling of ore sourced from … Read more

Company Buys 50,000 Diamonds for World-First Tradable Coins

diamond standard

The company behind diamond “coins” for investors will embark on the automated purchase of about 50,000 gems on Tuesday. The coins will be the world’s first regulator-approved, exchange-traded, fungible diamond commodity offering.  New York-based Diamond Standard is buying inventory to produce the first batch of 5,000 diamond standard coins, each containing “a set of certified … Read more

Retail Diamond Jewelry Sales Recover in India

Forevermark store

Sales of diamond jewelry in India are recovering and could reach 85 per cent of last year, despite the pandemic, says De Beers. A surge over the Diwali period, together with strong performances early in 2020 before COVID-19 hit, will largely make up for the second-quarter “washout”, said De Beers India managing director Sachin Jain. … Read more

Sotheby’s Expects Pink to Fetch Up to $38M

The Spirit of the Rose Pink diamond

Sotheby’s will sell the largest vivid purple pink diamond ever to appear at auction, with expectations it could achieve up to $38 million at a November sale. The oval modified brilliant-cut, 14.83 carat, fancy vivid purple pink, internally flawless, type IIa stone is set to go under the hammer at the Magnificent Jewels and Noble … Read more

Kate Moss launches her debut jewellery collection with Messika

Kate Moss

Despite being the face of many a jewellery campaign over the years, you wouldn’t expect Kate Moss the ultimate poster child for 90s insouciance to care much about high jewellery. Yet the British supermodel clearly does, as her new jewellery line shows us. It was made in collaboration with French haute joaillerie house Messika, whose … Read more