Photo above- Christie’s On Thursday the 11th of June at New York a rare blue diamond fetched approximately $3.6 million-US$3,554,,500 or US$565,000 a carat at Christie’s Spring Jewellery Sale. The blue diamond, a pear cut 6.29-carat fancy intense blue stone was purchased by an anonimous buyer. The auction held at the Rockefeller plaza (sale […]
Author Archives: Dr Shihaan Larif
India’s gold jewellery exports fell 6.8% for the period April-May (compared to the same period last year) to US$ 1.09 billion. The Gem and Jewellery Export Promotion Council (GJEPC) noted that the drop in gold exports was due to the global economic downturn. Vasant Mehta, the Chairman of the Gem and Jewellery Export Promotion Council […]
For the first time in its over 100 year history the Borsheims jewelry store at Omaha cut 13 jobs. It reduced 4.6% of its workers. It now has 267 workers. Borsheims President and CEO, Susan Jacques said” The loss of our staff members is devastating. This is the absolute last thing we wanted to do. […]
Photo above: Venue of the Mid Year (June) Hong Kong Jewellery and Gem Fair. Hong Kong Convention and Exhibition Center. The annual mid-year (June) Hong Kong Jewellery and Gem Fair is to be held from the 18th to 21st June 2009 at the Hong Kong Convention and Exhibition Center (HKCEC). This year over 1000 exhibitors […]
The Environmental Geology program of Lander University ,College of Science and Mathematics received a rare mineral specimen which was donated by Dr. Dan Robinson Jr. a Green wood county physician. The rare mineral was from his personal collection of gemstones and crystals. According to Greenwood Today the rare mineral has an appraised value of USD […]
Update: Angelina Jolie (34) is considering getting married to her long time boyfriend Brad pitt (45) according to Mirror .co.uk. They are planning to wed by the end of summer in New Orleans,their six children are also going to be involved in a big way. The news of the wedding comes amid rumors of a […]
President Obama was given a flashy necklace (Bling) during his visit to Saudia Arabia on Wednesday. The gift was presented personally by King Abdullah during the welcome ceremony. According to Wasington Post the gift is said to be the King Abdul Aziz Order of Merit. It is also the country’s highest honor. Although the elaborate […]
Photo above: Chairman of IDC- Stephane Fischler This week the International Diamond Council (IDC) released an update of its “IDC rules for Grading Diamonds”. According to IDC Chairman Stephane Fischler, the rules were incorporated after industry-wide consultations and discussion by the IDC board. Stephane said “It is essential that we keep our focus on bringing […]
De Beers, the worlds largest diamond group is to increase stocks of rough diamonds. The De Beers Managing Director Gareth Penny noted that stocks of rough diamonds were down by 20-30 percent from 2008 peaks. This was disclosed in the first ever Antwerp Town Hall Meeting for diamonds. The news was welcomed by the Antwerp […]
A joint investigation between Kings County District Attorney’s Office and the New York State Department of Taxation and Finance termed “The Operation Bracelet” has led to the indictment of three jewelry stores and their Presidents. The two year long undercover operation covering 27 stores in Brooklyn, involved the use of detectives who posed as customers. […]