Category Archives: Diamonds

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 […]

Highlights of Sotheby’s New York December 07, 2021, Magnificent Jewels Sale

Sotheby’s New York December 07, 2021, Magnificent Jewels Sale promises to be a very exciting and memorable auction, given the array of important and distinguished private collections on offer, apart from superb vintage and modern classics by famed jewlery houses such as Van Cleef & Arpels, Cartier, Bulgari, Tiffany, Boucheron, Belperon etc. According to Sotheby’s […]

Highlights of November 11, 2021 Sotheby’s Geneva Magnificent Jewels and Noble Jewels Sale Part II

Highlights of November 11, 2021 Sotheby’s Geneva Magnificent Jewels and Noble Jewels Sale Part II Sotheby’s Geneva Magnificent Jewels and Noble Jewels Sale, live auction to be held in two parts, Part I and Part II on November 10, 2021 and November 11, 2021, featuring 94 lots and 172 lots respectively, offers a broad and […]

Highlights of November 10, 2021, Sotheby’s Geneva Magnificent Jewels and Noble Jewels Live Auction

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, […]

DeBeers Works Out New Plan with Namibia to Extend Life of On-Shore Diamond Mines until 2042

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 […]

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