Category Archives: Diamonds

All GIA Reports to Go Digital by Year 2025

In a Press Release dated June 7, 2022, the Gemological Institute of America, the leader in gemological research, education, and science-based gem identification and grading services in the World, announced that with a view of strengthening its consumer protection mission, all GIA paper reports will be converted to digital form with effect from year 2025. […]

Sotheby’s Hong Kong Important Jewels Live Auctiion Realizes Total Sale of USD 18.1 Million

Sotheby’s Hong Kong Important Jewels Live Auction held on 19 th July, 2022, featuring 136 Lots, from Lot Nos 201 to 337 realized a Sale Total of HKD 141,840,540 (USD 18.1 million), 99 Lots out of 136 lots selling at the auction, working out to 73%. Top Lot of the sale based on price realized […]

Christie’s Paris Online Jewelry Sale Held from June 23 to July 07, 2022 Realizes USD 9.3 Million, Selling 78% of the Lots

Christie’s Paris online Jewelry Auction, Sale 21068, held from 23 June 2.00 PM to 07 July 12.00 PM, christened “Joaillerie Paris” featuring a total of 298 Lots, realized a Sale Totaal of EUR 9,301,001 (USD 9,340,530), selling 78% by Lots. Top Lot of the Sale based on prices achieved and as anticipated was LOT NO. […]

Highlights of Christie’s Paris Joaillerie Online Auction Taking Place from June 23 to July 07

Christie’s Paris online Jewelry Auction taking place from 23 June 2.00 PM to 07 July 12 PM, christened “Joaillerie” features a total of 298 Lots, consisting of a broad selection of diamonds, colored diamonds and colored gemstones including a 7.25 carats, E-color, VVS2-clarity, rectangular-cut diamond ring by Van Cleef & Arpels, a 5.28 carats, E-coloir, […]

Largest White Diamond Ever to Come up for Auction Sells for USD 21.9 million

The largest white diamond ever to come up for auction, the 228.31-carat, pear-shaped, G-Color gemstone, christened “The Rock” sold for 21,681,000 CHF (US$21.9 million) at a Christie’s Magnificent Jewels Auction held in Geneva held on May 11, 2022. The diiamond assigned Lot No 26 and titled “The Rock, A Sensational Diamond” sold within its estimate […]

Results of Sotheby’s Geneva Magnificent Jewels and Noble Jewels Live Auction Held on May 10, 2022

Sotheby’s Geneva Magnificent Jewels and Noble Jewels May 10, 2022, live auction featuring a total of 200 lots consisting of iconic designs from the world’s most prestigious jewellery houses, such as Van Cleef & Arpels, Cartier, Bulgari, Oscar Heyman & Bros, Jar and others and also featuring beautiful colored diamond lots, exceptional coloured stone lots […]

De Beers Cullinan Blue Diamond Sells for Staggering USD57.4 million at Sotheby’s Hong Kong Auction

The De Beers Cullinan Blue , an extraordinary 15.10-carat, fancy-vivid blue, step-cut natural treasure and one of the most valuable blue diamonds ever to be offered at an auction, sold for a staggering amount of more than US$57 million at a Sotheby’s Hong Kong Standalone Auction, held on April 27, 2022 at Sotheby’s Pacific Gallery […]

US Imposes Further Crippling Sanctions on Alrosa

Alrosa, the World’s largest diamond mining company in which the Russian Government has a 33% stake, with headquarters in Russia, accounting for 95% of the diamonds produced in the country and 30% of diamonds extracted worldwide, ran into deep trouble on February 24, 2022, when Russia invaded Ukraine, with several countries like UK, Canada, New […]

Debmarine Namibia Launches Benguela Gem its Most Advanced Diamond Mining Vessel on March 18, 2022

Debmarine Namibia, a 50-50 joint venture between De Beers Group and the Goverment of the Republic of Namibia, prospecting for marine diamonds in the Ocean off the Namibian Coast, produces around 1.4 million carats of marine diamonds annually, bringing in a revenue of more than NAD 10 billion (US$669.5 million) every year. Hitherto Marine diamond […]

Angola Plans to Setup a Diamond Bourse at its Capital Luanda

Angola’s State-Owned Diamond Company, SODIAM, has selected Dubai-based Trans Atlantic Gem Sales (TAGS) to manage its diamond tenders, while the country has embarked on a process to reform its mining industry. SODIAM also announced last week that it has chosen the Company “First Element” to carry out diamond cleaning by boiling, after a prolonged selection […]

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