Archives for November, 2017
14.93-Carat Pink Diamond Sells For $32M At Christie’s Hong Kong Sale
A Fancy Vivid VVS1 oval pink Diamond known as The Pink Promise, sold at the November 28 Christie’s Magnificent Jewels Hong Kong auction for $31,861,000 — approximately $ million per carat. Described…
Chaim Even-Zohar Announces Retirement From Diamond Industry
Veteran Diamond industry analyst Chaim Even-Zohar has announced that he will be retiring and exiting the industry. He said that he planned to sell his industry benchmark Diamond Intelligence Briefings (DIB) most…
Gahcho Kué Diamond Mine Surpassed 5M-Carat Output In October
The Gahcho Kué Diamond mine in Canada’s Northwestern Territories, produced more than 5 million carats by early October. The mine, 51 percent owned by De Beers, with Mountain Province Diamonds owning the…
Bin Sulayem Will Take Over Dubai Diamond Exchange From February 2018
Ahmed Bin Sulayem, Executive Chairman of the Dubai Multi Commodities Centre (DMCC), will assume the chairmanship of the dubai Diamond Exchange (DDE), going forward with the ambition to further elevate…
Know the status of the diamond market with latest news of the industry!!!
Diamond is one of the precious gemstones available in the market. This is expensive than other gemstones. The gemstones are considered as a perfect way for adding beauty to the…
Indian Organised Jewellery Retailers Show Upto 80% Profit Jump
The Indian government’s currency reform, the implementation of a 3 percent goods and services tax and the requirement for all jewellery purchases over ₹200,000 to include the buyer’s income tax permanent account…
De Beers Looking To Sell Voorspoed Diamond Mine In SA
De Beers today announced it is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa. The company said that after evaluating a…
Pink-Purple Diamond Ring Goes For $1.2M At Bonhams Hong Kong Auction
A fancy coloured Diamond dress ring from Cindy Chao’s iconic Ribbon Collection sold at the Bonhams Rare Jewels and Jadeite auction in Hong Kong for $ million (HK$ million). The fancy pink-purple…
DDI, UL Extend Tie-Up To Monitor Artisanal Diamond Miner Certification
The Diamond Development Initiative (DDI) announced a partnership with UL Consumer and Retail Services that will strengthen its implementation and auditing of Maendeleo Diamond Standards — the DDI-developed certification process tailored for artisanal…
$361M Provision By Anglo American, Other SA Gold Miners To Settle Case
Six gold mining firms, including Anglo American, have made a $361 million (ZAR 5 billion) provision to settle a class action law suit with thousands of miners who contracted fatal…