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News that made Headlines in 2020 for the Gemstone, Jewelry, Diamond & Mineral Industry
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Our state of the art marketplace has been upgraded. It is equipped with the most advanced features. Features you would never get anywhere in the gemstone and jewelry industries. That too for FREE!
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Scientists from ANU and RMIT Melbourne Create Diamonds at Room Temperature Using Only High Pressure
The popular Australian website https://theconversation.com/au published a news item on November 19, 2020, headlined, “We created diamonds in mere minutes, without heat – by mimicking the force of an asteroid collision” which created waves of excitement and disbelief around the world, as a team of Australian Scientists from ANU and…
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IGI Hong Kong Grades the Largest CVD Type IIa Diamond Produced by Shanghai Zhengshi Technology
International Gemological Institute Hong Kong Branch announced on Monday, November 23, 2020, that their laboratory had graded the largest synthetic Chemical Vapour Deposition (CVD) diamond, which is also the largest synthetic colorless diamond produced by any process, submitted to them by a Chinese Manufacturer, Shanghai Zhengshi Technology. The 12.75-carat, Type IIa,…
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Alrosa’s “Spirit of the Rose Diamond” Sets Price-Per-Carat World Record of US$ 1.8 Million at Sotheby’s Geneva, Magnificent Jewels and Noble Jewels Sale
Alrosa’s “Spirit of the Rose Diamond” an oval modified brilliant-cut, 14.83-carat, fancy-vivid-purple-pink, internally flawless, type II stone, derived from the largest pink crystal ever mined in Russia, weighing 27.85 carats, achieved the highest price ever for any purple-pink diamond, sold at an auction, selling to an anonymous bidder for nearly $27…
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Lucara Recovers Enormous 998-Carat Type IIa Diamond from South Lobe of Karowe Mine
Lucara Diamond Corp. a Canadian diamond mining company with producing mine and exploration licenses in Botswana and a 100% ownership of the Botswana Karowe mine, the world’s foremost producer of large, high quality, Type IIA diamonds, announced on November 10, 2020, the recovery of an unbroken 998 carat high white cleavage…
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Highlights of Sotheby’s Geneva 11th November 2020 Live Magnificent Jewels and Noble Jewels Sale
Sotheby’s Geneva Live Magnificent Jewels and Noble Jewels Sale is due to be held in Geneva on Wednesday, 11th November 2020. A total of 103 lots will be on offer at the sale, consisting of iconic designs from the world’s most prestigious jewelry houses, such as Van Cleef & Arpels, Cartier,…
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Sotheby’s Geneva to Auction “The Spirit of the Rose Diamond” the Largest Pink Diamond Ever Mined in Russia
Sotheby’s Geneva is due to put up for sale, on November 11, 2020, an extremely rare pink diamond, “The Spirit of the Rose” – an oval modified brilliant-cut, fancy vivid purple-pink diamond weighing 14.83 carats, derived from the largest rough pink diamond ever mined from a Russian mine in the Republic…
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Sotheby’s New York Online/Live Hybrid Auction Shows Strong Demand For Top Quality Diamond, Rare Gemstones & Stylish Signed Jewels
Sotheby’s New York October 22nd, 2020, “Important Jewels” auction, the first auction with bidders in attendance since the outbreak of the Covid-19 pandemic in March, 2020, but held in a new and innovative hybrid format, consisting of an online advanced bidding, culminating in the usual drama of a live auction, registered…
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Meylor Produces Two Large HPHT Black Diamonds
The International Gemological Institute, the World’s largest independent laboratory for testing and grading gemstones and fine jewelry, with headquarters based in Antwerp, Belgium, announced on September 26, 2020, that in early September, they received two large HPHT-produced lab-grown black diamonds for analysis and grading. They further stated that one of those black…
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HIGHLIGHTS FROM ASTAGURU’S ONLINE AUCTION HEIRLOOM JEWELLERY, SILVER AND TIMEPIECES 20 – 21 OCTOBER 2020
Lot 50 – An Elegant Four Row Basra Pearl Necklace, Circa: 1940 Estimate: INR 1.25 – 1.30 crores | US$ 176,056 – 183,099
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AstaGuru’s Upcoming Auction Features A Magnificent Collection of Heirloom Jewellery,
Fine Silver & Exceptional Timepieces India’s premium online auction house, AstaGuru, will return with its exclusive sale featuring Heirloom Jewellery, Fine Silver and Exceptional Timepieces on 20 – 21 October, 2020. Featuring over 100 lots, the annual online auction…
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AstaGuru’s Upcoming Auction Features A Magnificent Collection of Heirloom Jewellery, Fine Silver & Exceptional Timepieces
AstaGuru will conduct its annual online auction of ‘Heirloom Jewellery, Silver & Timepieces’, featuring some of the finest selection of vintage and limited-edition collectibles on 20 – 21 October 2020. This exclusive sale will feature an extensive catalgoue of 117 lots, comprising a curated selection of rare vintage Indian & European jewellery, fine silver, and exceptional timepieces which…
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Rio Tinto Announces the Holding of one of its Final Pink Diamond Tenders before the Final Closure of Argyle Mine
Rio Tinto, one of the world’s largest mining companies with 60 projects and operations in 36 countries around the world, employing 46,000 workers, producing essential materials for human progress, such as Iron ore for steel; Aluminium for cars and smart phones; Copper for wind turbines, electric cars and pipes used in water supply;…
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163-carat Yellow Diamond Recovered at Letseng after Large Diamond Tender closes at Antwerp on June 18, 2020
Gem Diamonds, the owners of Letseng Diamond Mine in Lesotho, announced on June 25, 2020, the recovery of a 163-carat, Type 1, Yellow Diamond with no breakages, on Wednesday, June 24, 2020 at their Letseng Diamond Mines in Lesotho. This is the third rough diamond over 100 carats in weight recovered…
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Small Scale Tanzanian Miner becomes a Millionaire Overnight
Tanzanite, an extremely rare blue-violet Zoisite, a Calcium Aluminum Hydroxy Sorosilicate, found only in Tanzania in a small area of the country, a strip of land 7 km long and 2 km wide, near the Mirerani Hills in the north of the country, has once again created sensational news, after a…
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Indian Diamond Industry Mourns the Loss of the Pioneer Diamantaire and Founding Father of the Industry, Arunkumar Mehta
Arunkumar R. Mehta, a pioneer diamantaire, a leader and founding father of the diamond industry of India, and a leading player of the international diamond industry and proprietor of Rosy Blue, one of the world’s largest diamond traders and a prominent De Beers Sight holder, sadly passed away on Sunday, June…
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Christies First Live Online Jewelry Auction Since The Coronavirus Lockdown
Christie’s auction house has announced the holding of its first live jewelry auction, since the suspension of such auctions in March, 2020, following the worldwide lockdown caused by the global spread of the coronavirus. All auctions during the period of lockdown were conducted online, and the first live jewelry auction to…
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DPA Relaunches as Natural Diamond Council with a new Commercial Slogan – Only Natural Diamonds
The Diamond Producers Association (DPA), the apex organization that includes all leading natural diamond producers in the world, has re-launched their organization in New York on June 1, 2020, with a new identity, known as the “Natural Diamond Council” (NDC), in a move calculated to distance itself from the lab-grown diamond…
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Police Disperse Diamond Traders at Varaccha and Mahidapura Diamond Markets in Surat
Following the relaxation of some restrictions by the authorities of Surat, the diamond cut and polish hub, after the prolonged coronavirus lockdown, with effect from Monday, the 25th of May, permitting factories and workshops to resume production, with only 50% of their workforce and following strict guidelines on hand sanitization and social distancing,…
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CRISIL Predicts India’s Diamond Exports for Financial Year 2020/2021 could Shrink to US$ 19 billion from US$ 24 billion in the Previous Year
The Economic Times of India reports that according to an analysis, by the Credit Rating Information Services of India Ltd. (CRISIL), a subsidiary of the American Company S&P Global, India’s diamond exports for the fiscal year 2020/2021, could shrink by a fifth of the total of US$ 24 billion realized in…
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India Exports its First Consignment of Polished Diamonds Worth US$ 66m to Hong Kong
Under the present atmosphere of total despair and loss of hope in the Indian diamond industry, caused by the lockdown precipitated by the corona virus crisis, a welcome ray of hope has emerged from the Indian diamond centres, with the news originating from Surat, the world’s diamond cutting and polishing capital,…
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An Appeal for a 30-Day Voluntary Ban on Diamond Imports to India
Following an earnest appeal made by leading players among diamond producers in the world, calling on Indian manufacturers to impose a moratorium of at least three months on the import of rough diamonds into the country to enable the country’s cutters and polishers to recover from the corona virus crisis. Five…
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Is Import Moratorium on Rough Diamonds The Way Forward To Kick Start the Diamond Trade After Corona Virus Lockdown?
Chaim Even-Zohar, the veteran investigative diamond trade journalist in a comprehensive memo submitted to IDEX Online, on April 22, 2020, called on the Indian government to stop all imports of rough diamonds for three months so that the country’s cutters and polishers can recover from the corona virus crisis. The call…
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Ernie Blom Steps Down Temporarily as Head of WFDB Yoram Dvash is Elected as Acting President
Yoram Dvash, President of the Israeli Diamond Exchange has been elected as acting president of the World Federation of Diamond Bourses, based in Antwerp, following the decision of Ernie Blom, head of the WFDB since 2012, to step down temporarily for medical, family and personal reasons.
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AGD Diamonds JSC Recover Unique 50.36-Carat Diamond at Grib Mine on April 13TH During Lockdown
AGD DIAMONDS JSC, owners of Grib Mine, in Archangelsk, Northern Russia. Announced on 17th April, 2020, the recovery of a gem-quality large diamond, weighing 50.36 carats, on April 13th, the second such large diamond recovered this year, at their state-of-the-art mining and processing plant, GOK Them. V. Griba. The diamond was…
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Indian Diamond Industry hit hard by Covid 19 Lockdown
The ongoing lockdown in India due to the coronavirus pandemic has completely halted the diamond and jewellery industry. The lockdown has caused exodus of migrant workers to their home villages,…
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