Update: Angelina Jolie (34) is considering getting married to her long time boyfriend Brad pitt (45) according to Mirror .co.uk. They are planning to wed by the end of summer in New Orleans,their six children are also going to be involved in a big way. The news of the wedding comes amid rumors of a […]
President Obama was given a flashy necklace (Bling) during his visit to Saudia Arabia on Wednesday. The gift was presented personally by King Abdullah during the welcome ceremony. According to Wasington Post the gift is said to be the King Abdul Aziz Order of Merit. It is also the country’s highest honor. Although the elaborate […]
The Botswana government is set to receive a US$ 1.5 Billion loan from the African Development Bank (AfDB). According to Bloomberg this money will be used to fill part of the budget deficit for the year 2009/2010, said an e-mail statement from the Tunisia based bank . The U.S $ 1.5 billion loan is the […]
Photo above: Chairman of IDC- Stephane Fischler This week the International Diamond Council (IDC) released an update of its “IDC rules for Grading Diamonds”. According to IDC Chairman Stephane Fischler, the rules were incorporated after industry-wide consultations and discussion by the IDC board. Stephane said “It is essential that we keep our focus on bringing […]
De Beers, the worlds largest diamond group is to increase stocks of rough diamonds. The De Beers Managing Director Gareth Penny noted that stocks of rough diamonds were down by 20-30 percent from 2008 peaks. This was disclosed in the first ever Antwerp Town Hall Meeting for diamonds. The news was welcomed by the Antwerp […]
Chairman of the Rapaport Group, Martin Rapaport delivered his keynote “State of the Diamond Industry” at Breakfast 8.am to 10 am on Monday 1st of June at the Annual Rapaport Breakfast and Conference held in the San Palo Ballroom, level 3 ,Venetian Hotel, Las Vegas. At this years meeting Rapaport touched on buying diamonds on […]
One of the worlds largest mining groups, Rio Tinto expects destoking of diamond stocks to end soon. However Rio Tinto noted that they are ready for further cutbacks if there is no inprovement in diamond sales. On Tuesday Brett Clayton, Rio Tintos Chief Executive for copper and diamonds said that they are cutting diamond production […]
A joint investigation between Kings County District Attorney’s Office and the New York State Department of Taxation and Finance termed “The Operation Bracelet” has led to the indictment of three jewelry stores and their Presidents. The two year long undercover operation covering 27 stores in Brooklyn, involved the use of detectives who posed as customers. […]
The Gemmological Institute of America (GIA) has joined the membership of the Responsible Jewelry Council (RJC), according to a press release by the RJC. The GIA is the worlds leading authority on colored stones, diamonds and pearls. The RJC is a non-profit organization with over 100 member companies from diamond and jewelry sectors around the […]
Arkansas Crater of Diamonds State Park is a very popular tourist attraction near Murfeesboro, Arkansas. The crater of diamonds state park is one of its kind, the worlds only public owned diamond prospecting and mining site. Visitors are allowed to search for diamonds and other gems in the 37 and 1/2 acre feild. On Saturday […]