Sotheby’s Geneva Magnificent Jewels and Noble Jewels live auction coming up on November 10, 2021 promises to be a memorable event featuring a variety of historic and iconic pieces from renowned jewelry houses such as Bulgari, Cartier, Chopard, Graff, Harry Winston, Mouwad, Van Cleef & Arpels etc. consisting of exquisitely crafted bandeau, bracelets, brooches, earclips, […]
Namdeb Diamond Corporation, a fifty-fifty joint venture between De Beers Group and the Government of Namibia, which has been mining diamonds in Namibia for over 100 years, since 1908, announced in September 2019, that due to declining on-land reserves, though the company was continuing to operate economically at the moment, in three year time in […]
Following the successful sale by Sotheby’s in July 2021, of a 101.38-carat diamond for cryptocurrency worth the equivalent of USD 12.3 million, working out to approximately 366 bitcoins or 5,818 ether, the highest price for a jewel or gemstone purchased in cryptocurrency, Sothebys Hong Kong have decided to allow buyers to pay in either customary […]
Catoca Diamond Mine in Angola, a joint venture between the Angolan state diamond company Endiama and the Russian state-controlled diamond producer Alrosa, with each partner holding a stake of 41%, is not only the biggest diamond mine in Angola producing 75% of the country’s output but also one of the biggest in the entire world. […]
Do diamonds produced by the Government of Zimbabwe come under the category of “Conflict Diamonds” as defined by the Kimberley Process Certification Scheme (KPCS) ? Farai Maguwu, the founding director of the Centre for Natural Resources Governance (CNRG) thinks that these diamonds do come under KPCS, and in support of his arguement he cites allegations […]
The rescheduled JCK Show and JCK Luxury Show due to be held from August 24 to 30, 2021, at the Venetian Resort & Sands Expo at 201, Sands Avenue, Las Vegas, was held as scheduled despite the low turnout and participation at the shows, caused by the rapid spread of the Delta variant of Covid-19 […]
London-listed Petra Diamonds Ltd. Owners of the historic Cullinan Diamond Mine in South Africa, announced on 25th August 2021, the sale of a 342-carat, Type IIa, white diamond, whose recovery was announced on 28th July, 2021 and an 18-carat, Type IIb blue diamond also recovered from the Cullinan Diamond Mine, for a total of US$ […]
The Kimberley Process Certification Scheme established in 2003 by the United Nations General Assembly Resoliution 55/56 following recommendations in the Fowler Report, was intended to prevent conflict diamonds that were financing violence by terrorist rebel movements and their allies seeking to undermine legitimate governments mainly in Africa, from entering the mainstream rough diamond market. However, […]
Lucara Diamond Corporation, the Canadian diamond mining company, the sole owner and operator of the Karowe Diamond Mine in Botswan, in a press release dated July 29, 2021, announced the recovery of a 393.5-carat, top white, Type IIa gem-quality diamond, the third such 300+ carat gem-quality diamond recovered from the Karowe Diamond Mine in 2021 […]
Gems & Gemology, the quaterly scientific journal of the Gemological Institute of America in its Spring 2021 issue reported the surprising news of the detection of a lab-grown Ruby being filled with Lead glass, a process usually applied to natural rubies using a filling material with a Refractive Index very close to natural rubies, to […]