Why would I want my diamond certified by the DCLA?

The DCLA is the only internationally affiliated and locally accredited diamond grading laboratory in Australia. Although there are other highly respected laboratories internationally, the DCLA is the only recognised diamond grading laboratory located in Australia, making it easier for Australians to deal with any problems or queries as they arise. In addition, DCLA is the only diamond certification laboratory to stand behind our work and offer a full-replacement Diamond Grading Guarantee.

How do I know that my diamond certificate or diamond grading report is from an independent laboratory ?

Ask the jeweller if the diamond certificate comes from an independent diamond laboratory or if it produced by a diamond merchant or retailer, then do your research. Make sure the certificate is issued by the DCLA or another highly respected diamond grading laboratory; DCLA is the only diamond grading laboratory worldwide to offer a full-replacement Diamond Grading Guarantee.

Why is it important that my diamond certificate come from an independent diamond grading laboratory?

If you were buying a house would you accept an inspection from the owner? Of course you wouldn’t, you would insist that the inspection be done by an expert with no financial interest in the transaction. This situation is the same when buying diamonds. Be careful of diamond reports produced in-house by diamond merchants or retailers, as the report may be inaccurate and overstate the actual grading of the diamond.

Gem Diamonds recovers 80 carat rough diamond

Another D colour Type II diamond weighing 80 carats has been recovered.

Shares in Gem Diamonds spiked on Thursday after the miner announced it had recovered one of the highest quality stones to come out of its Letseng mine in Lesotho.

The discovery of this 80 carat diamond comes less than a month after the miner announced the recovery of a 114 carat rough diamond. And two years after Gem Diamonds found a 357 carat rough diamond, which sold for $19.3 million.

Gem Diamonds has recovered four of the 20 largest white gem quality diamonds ever recovered, which makes of the Lesotho mine the world’s highest dollar per carat kimberlite diamond operation.

Lucara Sells Its 813 Carat Diamond for US$63 Million

Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond.
Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond.

Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond.

Lucara, is pleased to announce that the exceptional 812.77 carat, Type IIa diamond recovered from the Karowe mine in Botswana in November 2015, has been sold for US$63,111,111 (US$77,649 per carat).

As part of the sale, Lucara has partnered with Nemesis International DMCC, and retains a 10% interest in the net profit received from the sale of the resultant polished diamonds.

The 813 carat diamond has been named, “The Constellation”, in collaboration with our partner. Lucara is a well-positioned diamond producer.

The Company’s main producing asset is the 100% owned Karowe Mine in Botswana.

Blue Moon Diamond

The Blue Moon Diamond has been sold for a record US$48.26m at Sotheby’s in Geneva.

The sale price is a record per carat and for total value for any gemstone.

Blue Moon Diamond has no inclusions and has been officially declared flawless.

The 29.62-carat diamond was found at the Cullinan Mine in South Africa in January last year, blue diamonds make up only 0.1% of diamonds unearthed at the mine.

It was then cut and polished in New York, a process which took six months and eventually produced the 12.03 carat vivid blue gem.

De Beers cuts rough diamond prices and sight

De Beers which produces thirty percent of world rough diamonds has cut prices by 10 percent for the sight.

This comes after two reductions in its annual production output by 15 percent failed to slow slump in prices of rough.

Rough diamond prices have dropped 14 percent in some categories and are in their fifth consecutive quarterly loss, which is the longest in a decade.

De Beers cut the size of the sight to $250 million and reduced the prices by 9 percent, according to sight holders.  

De Beers has also contributed tens of millions to a jewellery advertising campaign. Its advertising campaign will promote diamond jewellery in the U.S. and to Chinese consumers.