Author Archives: Mr Lareef Samad

ALROSA HOLDS ANNUAL BUSINESS MEETING WITH LONG-TERM CLIENTS

In a press release dated December 08, 2016, PJSC Alrosa, the world’s leader in diamond mining announced the holding of its annual business meeting with the Company’s long-term clients, attended by its President, Andrey Zharkov.   Significantly, the annual business meeting was held at a time when the Company was in the process of developing […]

HARRODS TO SELL THE 228.31-CARAT “HARRODS DIAMOND” THE SECOND LARGEST PEAR-SHAPED COLORLESS DIAMOND IN THE WORLD

Harrods Department Store located on Brompton Road, Knightsbridge, London has announced the sale of a 228.31-carat, pear-shaped, near-colorless diamond belonging to an anonymous customer, who had hitherto kept the diamond in a safe deposit box of the store, a facility provided to affluent clients to store their valuables on a annual rent basis. The owner […]

2017 IDWI WITH A NEW FORMAT PROMISES TO BE BIGGER AND BETTER THAN PREVIOUS VERSIONS

The Israeli Diamond Exchange (IDE) the main organizer of the 6th-version of the International Diamond Week in Israel (IDWI) has announced the holding of this much anticipated annual event from February 13 – 16, 2017 on the trading floor of the IDE. The event which is now open for registration promises to be much bigger […]

Sotheby’s December 08th, 2016 New York Magnificent Jewels Sale Realizes US$25.2 million

Sotheby’s December 08, 2016 New York Magnificent Jewels Sale, featuring 458 lots that included jewels from prestigious private collections and signed iconic designs by renowned jewelry houses such as Van Cleef & Arpels and Cartier, registered a total sale of US$25.2 million, selling 87% by lot and 77% by value. The private collections that featured […]

Lucara Announces Landmark Total Sale of Karowe Diamond Production Exceeding US$1 Billion

Lucara Diamond Corporation, the Canada-based diamond mining company, the sole owner and operator of the state-of-the-art Karowe Mine in Botswana, commissioned in June 2012, has announced a landmark achievement of the company, exceeding US$1.0 billion in accumulated sales, since the commencement of production, following the close of the fourth Regular Tender for 2016.   The […]

Christie’s December 7, 2016 New York Magnificent Jewels Sale Realizes US$51.25 million

Christie’s New York Magnificent Jewels Sale held on Wednesday, December 7, 2016, at the New York, Rockefeller Plaza, featuring a total of 318 lots, realized a sale total of US$51.25 million, selling 82% by lot.   Top lot of the sale as anticipated was Lot 318 – A MAGNIFICENT DIAMOND RING – which sold within […]

GIA ANNOUNCES THE ACCEPTANCE OF MELEE DIAMONDS FOR MELEE ANALYSIS SERVICE

Following the success of its automated analysis and color sorting service in repect of melee diamonds, introduced as a pilot program in June 2016, GIA has now announced that its laboratories located in the major gem and jewelry centers around the world, are now prepared to accept diamonds from its clients for Melee Analysis Service, […]

GIA Elects New Chairperson to its Board of Governors

The Gemological Institute of America, the world’s foremost authority in the field of Gemology, held its annual board and research meetings, at the Institute’s Carlsbad, Calif. headquarters, towards the latter part of November 2016. In a press release dated November 28, 2016, GIA announced the election of Dione Kenyon, as the new chairperson of its […]

CHRISTIE’S NOVEMBER 29, 2016 HONG KONG MAGNIFICENT JEWELS AUTUMN SALE REALIZES US$ 79 MILLION

Christie’s Hong Kong Magnificent Jewels Autumn Sale held at the Grand Hall of the Hong Kong Convention & Exhibition Center, on November 29, 2016, was a remarkable success realizing total sales of US$79 million, selling 80% by lots and 84% by value, with 35% of the lots exceeding the upper pre-sale estimate. Significantly, the sale […]

Highlights of Christie’s New York Magnificent Jewels Sale December 7, 2016

In a press release dated November 17, 2016, Christie’s Auction House announced the holding of its New York Magnificent Jewels Sale, on Wednesday, December 7, 2016, at the New York, Rockefeller Plaza, featuring a total of 318 lots, with estimates ranging from USD5,000 to USD5,000,000. Among the highlights of the sale are exceptional fancy colored […]

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