Category Archives: International Gem & Jewelry News

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 […]

Lab-grown Diamonds may Tarnish Surat’s Image

A phenomenal increase in the import of Lab-grown diamonds by Surat, from just below $3 million in 2008 to $83 million in 2013, has become a cause of concern to the regulatory authorities of the gem and jewelry industry in India, including the Gems and Jewelry Export Promotion Council (GJEPC), in the wake of reports […]

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 […]

GIA Develops 100% Accurate Synthetic Diamond Detector

In the fight against non-disclosure of lab-grown/synthetic diamonds by unscruplous diamond dealers, and the tendency to mix such diamonds with natural diamond parcels, researchers at the Gemological Institute of America, led by Dr. Wuyi Wang, GIA’s director of research and development, has developed a 100% accurate synthetic diamond detector, that has the ability to determine […]

REPORT ON CHRISTIE’S GLOBAL JEWELRY SALES FOR 2013

In a press release dated January 23, 2014, Christie’s auction house has reported a record-breaking result for global jewelry sales in 2013, totaling US$ 678.3 million, the highest annual result ever achieved for jewelry in the history of the auction house. The turnout for 2013 reflects an 18% increase over Christie’s 2012 total, and beats […]

$3.19 million Worth “Diamond Boots” to be Displayed at ADTF

The fifth edition of the Antwerp Diamond Trade Fair (ADTF) sponsored by the Antwerp World Diamond Centre (AWDC), opens on January 26, 2014. The fair that will be held in the trading halls of the Antwerp Diamond Bourse, the Diamond Club of Antwerp and the Antwerp Diamond Kring will be attended by many hundreds of […]

WDC Embarks on Reorganization Program to Include All Stakeholders in the Diamond Industry

The World Diamond Council set up in July 2000 after a joint meeting of the World Confederation of Diamond Bourses and the International Diamond Manufacturers Association is an organiztion comprising representatives of the diamond manufacturing and trading companies, whose primary objective was to examine ways to reduce the number of conflict diamonds entering the diamond […]

New Blue Diamond Found at Cullinan Mine

Petra Diamonds, owners of the Premier/Cullinan diamond mine since 2008, has announced the discovery of an extraordinary, 29.6-carat, rough blue diamond during their operations at the historic mine, situated 37 km northeast of Pretoria in South Africa’s Gauteng Province. Commenting on their latest find, a spokesman of the diamond mining company said, “the exceptional acorn-sized […]

De Beers to go ahead with expansion of its Victor diamond mine in Canada after consultations with local communities.

The open-pit Victor diamond mine, situated in the James Bay Lowlands of northern Ontario, approximately 90 km west of the coastal community of Attawapiskat First Nation, is one of 18 kimberlite pipes discovered in the 1987/88 period, high in the Canadian Arctic, 16 of which were found to be diamondiferous. After the signing of an […]

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