In keeping with their October 13, 2020, Press Release, the Gemological Institute of America has started issuing new Lab Grown Diamond Reports (LGDR) with 4Cs color and clarity specifications instead of the descriptive terms and grade ranges, previously used for laboratory-grown diamonds. This is in keeping wiith GIA’s policy of protecting consumers as consumer interest […]
Author Archives: Dr Shihaan Larif
Gem Diamonds Ltd. (LSE : GEMD), owners of the Letseng Diamond Mine in Lesotho and the Ghaghoo Mine in Botswana, announcing its full year results for the year ending 31st December, 2020, on 11th March, 2021, said the Company realised a total revenue of US$ 189.6 million as opposed to US$ 182.0 million for the […]
London-listed Petra Diamonds Ltd, owners of the historic Cullinan Diamond Mine in South Africa, announced on 5th March, 2021, the sale at their Antwerp Tender, of a top-quality, 299.3-carat, white rough diamond recovered at their Cullinan mine in January, 2021, for a staggering US$12.18 million, to Stargems DMCC, Dubai-based arm of the Antwerp diamond supplier. […]
Following the discovery of a diamond simulant Moissanite with a fraudulent GIA inscription, at GIA’s Johannesburg Laboratory, South Africa, as reported in the 2020 Falls Edition of GIA’s Quarterly Journal, Gems & Gemology, released in mid-January, the Gemological Institute of America has reported more detections of “Impostor” diamonds with fake inscriptions. These diamonds were either […]
Philadelphia-based, 26-year old, two-time Grammy nominee, US rapper Lil Uzi Vert, whose real name is Symere Bysil Woods and who has a special love for blings to boost his image, shocked millions of his followers on Instagram early February, when he displayed his latest fashion stunt, by posting images and video of him with a […]
The 2020 Falls Edition of GIA’s Quarterly Journal, Gems & Gemology released in mid-January reported a sensational news of the discovery for the first time of a fradulent GIA inscription on a diamond simulant Moissanite, at their Johannesburg Laboratory in South Africa. The diamond simulant was presented to the GIA Johannesburg Laboratory as a 1.02-carat, […]
Lucara Diamond Corporation in a press release dated January 26, 2021, just 12 days after the announcment of the recovery of the first large rough diamond for the year, the 341-carat top white, gem-quality diamond, on January 14, 2021, announced the surprising recovery of a second +300-carat gem-quality, top white diamond, from their 100% owned […]
Lucara Diamond Corporation, a Canadian diamond mining company, the sole owner and operator of the Karowe diamond mine in Botswana, announced on January 14, 2021, the recovery of an unbroken 341-carat, top white gem-quality diamond, the first large diamond to be recovered from the mine in the new year 2021 and the 54th over 200-carat […]
ASX-listed Lucapa Diamond Company together with its Angolan partners Empresa Nacional de Diamantes E.P. (“Endiama”) and Rosas & Petalas, who own and operate the Lulo Diamond Mine in Angola, announced on January 4th, 2021 the recovery of the 17th, +100-carat white diamond from their Lulo alluvial mine, which is also the first large diamond to […]
Following the devastating effects of the lockdowns that brought the gem and jewelry industry to a virtual standstill during the first half of 2020, the Gem and Jewellery Export Promotion Council (GJEPC) of India reports a bounce back of the industry, reaching pre-COVID levels in November and December, 2020, as demand picked in all major […]