Category Archives: International Gem & Jewelry News

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 […]

WFDB’s 2017 Biennial Presidents Meeting Features Major Diamond Financing Seminar

The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced the holding of their biennial Presidents Meeting in Mumbai from February 5 to 8, 2017. The meeting organized in association with the Gems and Jewellery Export Promotion Council (GJEPC) of India, which is co-hosting the Finance Seminar, also kicks […]

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 […]

$1 MILLION EMERALD SPARKS GREEN FIRE IN RAGO’S DECEMBER JEWELRY AUCTION

Lambertville, NJ: An unenhanced Colombian emerald weighing some 29 carats brought $1,030,000 in Rago’s $4.25 million dollar jewelry auction on December 4, 2016. A pear-shaped diamond of approximately equal size, suspended as a pendant, followed closely at a sale price of $850,000. In all, it was an auction in which the flashiest prices were achieved […]

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 […]

“DIAMONDS : RARE BRILLIANCE” EXHIBITION AT NHM LOS ANGELES COUNTY – DECEMBER 16, 2016 TO MARCH 19, 2017

The National History Museum of Los Angeles County, California, has announced the holding of a rare exhibition at its renowned Gem & Mineral Hall, christened, “DIAMONDS : RARE BRILLIANCE,” which will bring together a rare collection of natural colored diamonds, never before seen in the United States. The exhibition is organized by NHM Los Angeles […]

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 […]

NEW BOARD OF DIRECTORS ELECTED FOR YEAR 2017 TO STEER ACTIVITIES OF NCDIA

The New York based Natural Colored Diamond Association (NCDIA), an organization founded in the year 2003, whose stated goal and mission is to train, enlighten and educate the global community about natural color diamonds, has announced the election of its new Board of Directors, who would steer the activities of the association for the year […]

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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