Author Archives: Mr Lareef Samad

AGS Laboratories Open Take-in Window for New York’s Diamond District

The American Gem Society (AGS) Laboratories, based in Las Vegas, Nevada, whose Diamond-grading reports enjoy universal acceptance, is due to open its first-ever New York Diamond District take-in window, on March 12, 2014, at the Brinks offices, located at 580, 5th Ave, Suite 400 in Manhattan. This is in response to numerous requests from AGS […]

Record-breaking sale of “Pink Star” diamond cancelled by Sotheby’s

Popular online jewelry industry news magazine, www.jckonline.com in a news article dated February 28, 2014, under the headline – “Sotheby’s : Big Pink Didn’t Sell After All” has revealed the sensational news that the record-breaking sale of the 59.60-carat, internally flawless, fancy vivid pink, type IIa “Pink Star” aka the “Steinmetz Pink” diamond for a […]

Kimberley Diamond Limited to Recommence Mining at Ellendale’s E4 Mine

Kimberley Diamond Limited, the wholly owned subsidiary of Goodrich Resources, a company based in Sydney, who acquired the Ellendale Diamond Mine situated in the West Kimberly Region of Western Australia, from Gem Diamonds Ltd. in February 2013, announced recently its plans to recommence mining at Ellendale’s E4 mine this year, which was hitherto under care […]

IBA Signed Between Gahcho Kué Joint Venture and Yellowknives Dene First Nation

Following the signing of the Impact Benefit Agreement between the Gahcho Kué Joint Venture and the Tlicho Government, on January 24, 2014, enabling the company to start construction work at the proposed Gahcho Kué open-pit mine, joint venture partners of the project De Beers Canada Inc. and Mountain Province Diamonds have announced the signing of […]

15% of Anglo-American’s Underlying Operating Profit of US$ 6.6 billion generated by De Beers

UK-based mining giant Anglo-American, listed on the London and Johannesburg stock exchange, with a portfolio spanning iron-ore, manganese, metallurgical and thermal coal, copper, nickel, niobium, phosphates, platinum and diamond, released their 2013 preliminary operating and financial review for the financial year 2013, on February 14, 2014. Overall, Anglo-American announced underlying earnings of $2.7 billion with […]

Petra Diamonds 29.6-carat blue diamond sells for whopping US$ 25.6 million

The exceptional 29.6-carat blue diamond described as an outstanding vivid blue with extraordinary saturation, tone and clarity, and whose recovery at the Cullinan Mine was announced by Petra Diamonds on January 21, 2014, has now been sold for a whopping US$ 25.6 million, at a recent tender of the company, according to a press release […]

The Inaugural Dubai Global Gem & Jewelry Fair (GGJF) – March 20-22, 2014

The inaugural Dubai Global Gem & Jewelry Fair (GGJF) a joint initiative of the Gem & Jewelry Export Promotion Council of India (GJEPC) and the Dubai Multi-Commodities Center (DMCC), supported by the Dubai Gold & Jewelry Group (DGJG) will be held at Atlantis, The Palm, the majestic 5-star hotel, situated on the iconic Palm Island, […]

Philippe Mellier Addresses Annual Cocktail Party and Dinner at Gabarone, Botswana

The De Beers annual cocktail party and dinner was held on Tuesday, January 21st, 2014 at the Gabarone International Conference Center, attended by top officials of the Government of Botswana, headed by the Honorabe Vice-President, who was also the Chief Guest/Guest-of-Honor at the occasion, and included several other Honourable Ministers, Permanent Secretaries to the President […]

First DiamondCheck Machine Installed at the DDC, New York

The first DiamondCheck machine, the user-friendly 100% accurate synthetic diamond detector, developed by researches at the Gemological Institute of America led by Dr. Wuyi Wang, GIA’s director of research and development, was donated to the Diamond Dealers Club (DDC) of New York, and installed on their trading floor on Thursday, January 30, 2014, to be […]

Lucapa Diamond Company Recovers 95.45-carat, Type IIa Diamond at Lulo

Lucapa Diamond Company Ltd based in Perth, Western Australia, and listed on the Australian Securities Exchange (ASX: LOM), suspended the trading of its stock for the second time in a month, after the breaking of the news that the company had recovered an exceptionally large diamond, at its Lulo Diamond Concession in Angola. The Type […]

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