DiamondsTop Story
Sotheby's puts 'Millennium' blue diamond on blockA 5.16-carat fancy vivid blue diamond that is internally flawless and was once part of the De Beers' famed "Millennium Jewels Collection" will lead the spring sale for Sotheby's Hong Kong.Read More Diamond NewsSupplyIDEX Online: Case against DDC dismissedNew York State Supreme Court Justice Michael Stallman has dismissed a lawsuit initiated by David Abraham against New York's Diamond Dealers Club (DDC), the DDC announced Thursday. Read More Four diamantaires among world's billionairesWho's the wealthiest diamond tycoon in the world? According to Forbes' 2010 list of the World's Richest People, that would be De Beers Chairman Nicky Oppenheimer, with an estimated net worth of $5 billion, the fruits of an inherited fortune. Read More Canada to open first diamond bourse in late MarchThe Diamond Bourse of Canada, a first for the country, will be fully operational by the end of the month in Toronto, bourse officials announced earlier this week. Read More Pricing
Giant Cullinan rough diamond sells for record $35MPetra Diamonds Ltd. announced today that a 507-carat piece of rough unearthed at its Cullinan mine in September sold for $35.3 million, the highest sale price on record ever achieved for a rough diamond. Read More Survey: Rings No. 2 expense for more frugal bridesThe Knot Inc.'s fourth annual Real Weddings Survey revealed that the economy had 2009 brides trimming back on their budgets, albeit only slightly, and that engagement rings remained the second most costly part of the average wedding. Read More Rough diamond prices recoveringAfter tumbling during the economic crisis, rough diamond prices are seeing a recovery, aided by the return of consumer demand, according to analysts. Read More GradingGIA expands its educational kingdom into BahrainThe Gemological Institute of America (GIA) recently extended its educational services in the Middle East, with the recent wrap-up a series of gem identification and colored stone grading lab classes for students in the Kingdom of Bahrain. Read More CIBJO relents on lab-grown diamond terminologyCIBJO, the World Jewellery Confederation, which had previously only approved the use of the word "synthetic" in reference to diamonds created in a lab, has now expanded the number of terms it deems acceptable to use in reference to the stones. Read More CIBJO issues diamond, pearl reportsCIBJO's diamond commission has revealed that its annual report calls for a renewed effort on coming up with industry-wide nomenclature that accurately distinguishes between natural and lab-grown diamonds. Read More |
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