RAPAPORT... Nemesis International on Thursday unveiled a 313-carat diamond that has been certified as the largest D-color polished stone in history. The emerald-shape, VVS1-clarity diamond, known as Constellation 1, is one of eight stones that make up a collection manufactured from the 813-carat Constellation rough, which Nemesis bought in partnership with Swiss jeweler de Grisogono for...Read More
(IDEX Online) - Botswana Diamonds and Vutomi, in which it holds a 40 percent interest, has signed a contract mining and processing agreement with Eurafrican Diamond Corporation (EDC) to mine and process the diamond-bearing gravels and residual stockpiles on a portion of the Marsfontein farm."Partnering with Eurafrican Diamond Corporation paves the way for commercial production to restart on Marsfo...Read More
(IDEX Online) - The Bharat Diamond Bourse (BDB) is offering to reimburse flight tickets of first-time visitors to the Bharat Diamond Week. The offer is eligible to anyone who purchases more than $100,000 worth of diamonds. "It is very important for us at the BDB to see new faces here for this special polished diamond sales week," said Mehul Shah, BDB vice president and head of the organizing...Read More
(IDEX Online) - Forevermark has launched its latest campaign directed at Indian Consumers. The #TrustForevermark uses a diamond "question mark" throughout and is designed to reassure consumers they are buying a mined stone.The print campaign follows the journey of a diamond around the question mark from rough to polished, ending in a Forevermark box. Forevermark says the pathway of the diamo...Read More
(IDEX Online) - Alrosa's Supervisory Board has approved the company's acquisition of Kristall, the Smolensk-based diamond manufacturer. Alrosa has purchased a 100-percent stake in the company from the Russian Federation, valued at RUB 1,886 million ($29 million).The sale and purchase agreement is expected to be signed by the end of September, with the deal to be closed in the first half...Read More
(IDEX Online) - Lucara Diamond Corp. today announced the recovery of an exceptional blue, 9.74-carat gem-quality diamond from its Karowe Diamond Mine in Botswana. The mining company also showcased a newly discovered 4.13-carat pink, gem-quality diamond from the same mine. "Lucara is extremely pleased with the recovery of these rare, sizeable, fancy coloured diamonds, which have the poten...Read More
LONDON - Rio Tinto is exploring for diamonds in Canada as part of its plans to stay in the sector despite the looming closure of its Argyle mine in Australia, known for extremely rare pink diamonds, the firm's head of copper and diamonds said.Demand and prices for the wider market have fallen as concerns mount about the world economy, and laboratory-grown gems have added to supply.Advertisemen...Read More
Vancouver-headquartered Lucara Diamond Corp has recovered a 9.74 ct gem-quality blue diamond and a 4.13 ct gem-quality pink diamond at its Karowe mine, in Botswana.The diamonds were recovered from direct milling of South Lobe ore.AdvertisementThis follows the recent sale of a 2.24 ct blue diamond for $347 222/ct."Lucara is extremely pleased with the recovery of these rare, sizeable, fancy col...Read More
JOHANNESBURG (miningweekly.com) – The twenty-sixth Investing in African Mining Indaba – scheduled to take place in Cape Town from February 3 to 6 next year – will offer delegates new insight into issues facing Africa’s resources sector.“We’re building on the success of the 2019 Mining Indaba in terms of the high level of government participation and the substant...Read More
RAPAPORT... A technology provider part-owned by De Beers has unveiled anautomated cutting machine that, it claims, will significantly speed up diamondmanufacturing and reduce costs. Synova's DaVinci system is the market's first automated instrument that can produce all 57 facets of a round brilliant diamond in one process, the Swiss company saidThursday. The user only needs to perform one final po...Read More
RAPAPORT... An emerald and diamond bracelet by Graff fetched more than four times its highestimate at Bonhams, leading an auction that saw many pieces crush presale estimates. The piece, which was the subject of a fierce bidding war,features 13 step-cut Colombian emeralds, the largest of which is 2.56 carats,interspersed with an equal number of step-cut diamonds. It sold to a privatebuy...Read More
RAPAPORT... The Dubai Multi Commodities Center (DMCC) has unveiled aredesigned diamond exchange, featuring the world's largest diamond-tradingfloor and special windows that will enable it to hold ruby and sapphiretenders. The Dubai Diamond Exchange (DDE), located in Almas Towers, nowhas 41 tables, fully secured with cameras, as well as special lighting thatallows buyers to examine diamonds an...Read More
RAPAPORT... A Cartier twin sapphire and diamond ring fetched more than double its low estimate at Skinner Auctioneers. The piece, which was created in the 1950s, features twoKashmir sapphires weighing 5.34 and 4.91 carats, and tapered, baguette-cutdiamonds. It sold for $873,000 at the September 17 Important Jewelry sale inBoston against a presale estimate of $300,000 to $500,000. Skinner als...Read More
RAPAPORT... WD Lab Grown Diamonds has appointed jewelry-industry veteranSue Rechner CEO. She will be responsible for growing the brand and expandingthe company's market reach. Rechner, who held executive roles at Movado, FrederickGoldman, Citizen and Seiko, was most recently global president of outdoorfootwear and apparel brand Merrell. She will succeed founder Clive Hill, whowill continue to...Read More
The DMCC has unveiled the redesigned Dubai Diamond Exchange (DDE) in the Almas Tower. The DMCC says the redesigned trading floor is the largest in the world.The new facility has 41 tables, secured with cameras, state-of-the-art technology and specialist lighting and can host 200 buyers at once. Although it is designed for diamond trading, the old tinted windows have been replaced by white crystal...Read More
(IDEX Online) - The Alrosa Diamond Inspector, the first portable Russian instrument for diamond verification, has received high results in the ASSURE testing program run by the Diamond Producers Association (DPA). The testing was carried out by UL Verification Services, Inc., an independent laboratory in the U.S. The DPA program is designed to standardize the effectiveness of tools and specia...Read More
(IDEX Online) - The Minerals Marketing Corporation of Zimbabwe (MMCZ) has high expectations for its final auction of the year. The corporation sold 316,000 carats at its most recent tender. In the next sale, which is anticipated for November, according to The Herald, MMCZ hopes to sell 400,000-500,000 carats of goods. While Zimbabwe expects to almost double its production this year - 4.1...Read More
(IDEX Online) - The lab-grown diamond sector continues to strengthen its leadership. WD Lab Grown Diamonds has appointed Sue Rechner, former global president of Merrell, as its CEO.Read was also president of Victorinox Swiss Army and CEO of Victorinox Swiss Army Watch and has leadership experience with global brands such as Movado, Seiko, Citizen and Frederick Goldman."I see WD as a leading force...Read More
Botswana Diamonds, together with its associate Vutomi, has signed a contract mining and processing agreement with Eurafrican Diamond Corporation (EDC) to mine and process the diamond-bearing gravels and residual stockpiles on a portion of the Marsfontein farm, in Limpopo.Botswana Diamonds chairperson John Teeling indicated that partnering with EDC paved the way for commercial production to restart...Read More
RAPAPORT... WD Lab Grown Diamonds has appointed jewelry-industry veteranSue Rechner CEO. She will be responsible for growing the brand and expandingthe company's market reach. Rechner, who held executive roles at Movado, FrederickGoldman, Citizen and Seiko, was most recently global president of outdoorfootwear and apparel brand Merrell. She will succeed founder Clive Hill, whowill continue to...Read More