Australia’s Lucapa Diamond and its partners in Angola have sold $5.6 million worth of diamonds from the Lulo mine at their latest event, a fresh sign that the market is slowly improving. The miner, Angola’s national diamond company (Endiama) and Rosas & Petalas sold 3,862 carats at an average price of $1,450 per carat. The … Read more
The Natural Diamond Council (NDC) announces the imminent launch of its first ever celebrity campaign, starring the actress Ana de Armas. Ana de Armas is a rising Hollywood star. She recently received a Golden Globe nomination for her role in Knives Out, and she’ll soon appear in the upcoming James Bond film, No Time to … Read more
HB Antwerp has acquired the manufacturing facility of Belgian large-stone specialist AMC Diamonds, gaining 13 employees alongside the company’s machinery and technology. “With this acquisition, HB Antwerp confirms its ambition to bring the diamond-polishing process back to Antwerp in its entirety by combining the typical Antwerp savoir faire with the latest techniques in the field … Read more
A 51 year-old US citizen has been charged with running a diamond and cryptocurrency based Ponzi scheme. The US Department of Justice said on Friday that Aman was the operator of a Ponzi scheme from May 2014 to May 2019. Together with his partners, Aman allegedly solicited individuals to invest in “diamond contracts,” in which … Read more
De Beers thinks the recovery is at an early stage and that it will take some time to get back to pre-pandemic levels of demand. (Image courtesy of De Beers Group.)De Beers, the world’s largest diamond producer by value, revealed on Friday it made about three times as much in sales of roughs in the … Read more
Sotheby’s is set to auction off a 102 carat diamond that could become the most expensive jewel ever sold to an online bidder. The stone, a 102.39 carat D Colour Flawless Oval Diamond, could fetch $10 million to $30 million. Only seven flawless white diamonds of more than 100 carats have ever been sold at … Read more
The top lot is a Graff pendant necklace expected to fetch at least $300,000. Square-cut or pear-shaped, colorless or fancy-colored, loose or mounted, the rocks on the block at Jewels Online: Summer Sparkle — Christie’s first-ever online sale dedicated to diamonds — are sure to delight new buyers and seasoned collectors alike. With 50 lots ranging from … Read more
Jaeger-LeCoultre has held the record for the world’s smallest mechanical movement – since 1929. The caliber 101, a mere 14mm long and less than 5mm wide, is still used today. It drives two new high jewelry models from the brand, the Snowdrop and the Bangle. Both are made of 18k pink gold and designed as … Read more
The question of how to tackle the hardships facing informal diamond miners is as pressing today as it was when it first arose nearly 20 years ago. It was first touted as an issue that perhaps the Kimberley Process (KP) could incorporate into its mission. But the KP was not equipped — or mandated — … Read more
It’d take a pretty special kind of bloke to pull this one off. Even among the richest figures currently walking about on this Earth, I just can’t imagine a Bezos, Buffet, or Musk being able to wear the Jacob & Co Billionaire ASHOKA watch on their wrists without every single one of us scrunching up … Read more