Sotheby’s will offer two diamonds weighing more than 100 carats at its upcoming jewelry sale, with one expected to fetch in excess of $10 million. The Juno diamond, a pear-shaped, 101.41-carat, D-color, internally flawless, type IIa stone, will lead the June 16 New York Magnificent Jewels sale, the auction house said last week. Only 11 … Read more
The International Gemological Institute (IGI) has graded a 27-carat lab-grown stone that it claims is the world’s largest polished synthetic diamond. Indian lab-grown company Greenlab created the marquise step-cut, 27.27-carat diamond, named Om, IGI said Wednesday. The stone, which has no color enhancement, was grown using chemical vapor deposition (CVD). Along with Om, the IGI … Read more
Africa focused Gem Diamonds has found a 129 carat rough stone at its Letšeng mine in Lesotho, the miner’s first one over 100 carats mined this year. The high quality white diamond was recovered at the site over the weekend, Gem Diamonds said. The company, known for the recovery of large, high quality stones in … Read more
Lucapa Diamond Company yesterday announced the recovery of a 204 carat diamond from the Mothae mine in Lesotho. According to the company’s statement, the 204 carat white stone is the eighth +100 carat diamond and third +200 carat to be recovered from the Mothae mine since commercial mining commenced in January 2019, underlining its unique … Read more
Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s minister told a mining conference on Monday. The United States, the world’s largest market for natural diamonds, imposed sanctions on Russia’s state-controlled Alrosa in April, aiming to cut off a source … Read more
Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time. The price of a small … Read more
he largest white diamond to ever come up for auction has been sold for $21.9 million USD at Christie’s in Geneva.The 228.31-carat, pear shaped gemstone dubbed “The Rock” originated from South Africa, where some of the largest diamonds in the world have been found, including the pear-shaped “Star of Africa” and rose cushion cut “Golden … Read more
Gem Diamonds’ revenue in Q1 2022 (ending March 2022) has gone up 4% quarter-on-quarter and 19% year-on-year to $52.1 million, IDEX Online reports. The miner, which owns 70% of the Letseng mine in Lesotho, sold 28,461 carats during the quarter – a rise when compared to the 24,790 carats it sold in the previous quarter. … Read more
A farmer in Madhya Pradesh had a great stroke of luck as he stumbled upon a 11.88 carat good quality diamond in a small, leased mine in Panna, famous for diamond mines.The small-time farmer, Pratap Singh Yadav, who also works as a labourer, found this diamond from a mine in Patti area in the district, … Read more
A record blue diamond co-owned by De Beers far outstripped its presale estimate in a stand-alone sale at Sotheby’s in Hong Kong, garnering HKD 450.9 million ($57.5 million), the auction house said Wednesday. The step-cut, 15.10-carat, fancy-vivid-blue, internally flawless stone, called the De Beers Cullinan Blue, is the largest of its color to appear at … Read more