(IDEX Online) - Get-Diamonds, the official B2B e-commerce platform of the Israeli diamond industry, has signed an official partnership agreement with Rock & Trade, a diamond website especially for Chinese jewelers and suppliers. Through this agreement all goods offered on Get-Diamonds will automatically be offered on the Chinese language site. The Israel-based Rock & Trade...Read More
(IDEX Online) - ALROSA's Supervisory Board in the course of absentee voting that took place on 21 March 2018 has considered and recognized the advisability of increasing share of ALROSA in share capital of PJSC Alrosa Nyurba up to 97.49 per cent. Currently, ALROSA owns 87.48 per cent of Alrosa Nyurba's shares, 10 per cent belong to the JSC RIK-Plus owned by the Republic of Sakha (...Read More
Lalita Shinde, a member of the trust that is in charge of managing operations at the Trimbakeshwar temple in northwestern India, approached her country's National Archives this week and presented a memorandum demanding the repatriation of the blue Nassak diamond, which reportedly once graced the crown of Lord Shiva idol.The trustee has been in this quest for a few years now. According to local med...Read More
When Britain's Prince Harry marries Meghan Markle in May he is expected to follow a royal tradition started nearly 100 years ago of using a wedding band of Welsh gold.His great-grandmother, Queen Elizabeth the Queen Mother, was the first to use gold from Wales in a wedding ring when, as Elizabeth Bowes Lyon, she married the future King George VI in 1923.Her example was followed by the current Quee...Read More
RAPAPORT... Christie's New York spring sale will feature an8.42-carat, fancy intense pink diamond ring, estimated at between $4 millionand $6 million, the auction house said Friday. The cut-cornered rectangular modified brilliant-cut, VVS1-claritystone has the potential to be recut to internally flawless, according toChristie's. Two tapered baguette-cut diamonds surround it on either side. Otherno...Read More
(IDEX Online) - The Gem & Jewellery Export Promotion Council (GJEPC) has signed a cooperation agreement with UBM Asia Ltd, to organize the India pavilion at UBM's Hong Kong Jewellery & Gem Fair held during June and September 2018. Both shows are leaders in the gem and jewelry industry. GJEPC Chairman Mr. Pramod Agarwal said, "Hong Kong is the second largest export market fo...Read More
RAPAPORT... Tango Mining achieved an average price of $864 per carat atits March tender, driven by the sale of an 8.47-carat diamond, the company saidFriday. The stone, which fetched $2,896 per carat, was among 106 roughdiamonds - weighing a combined 159.34 carats - that Tango put up for sale. Tango sources its diamonds from the Oena mine in SouthAfrica. The company has recovered 1,660...Read More
(IDEX Online) - The organizers of the CARAT+ show said that GIA Executive Vice President and Chief Laboratory and Research Officer Tom Moses will speak at a GIA GemFest during the May 6 to 8 show in Antwerp. GIA will participate at CARAT+ with information about its research programs, educational offerings, and gemological laboratory services and instruments. On May 7, Moses will spea...Read More
RAPAPORT... The Jewelers Board of Trade (JBT) has appointed RichardWeisenfeld as president, the industry group said Friday. Weisenfeld (pictured), who previously held executive positions at RivaPrecision Manufacturing, as well as at Pranda North America, has been actingpresident since Anthony Capuano retired in February. He has served on the JBT boardfor 17 years, and was chairman from 2014...Read More
RAPAPORT... Jewelers of America (JA) has promoted Annie Doresca to chieffinancial officer, the trade organization said last week. Doresca (pictured) has been director of finance and administration for JA since 2008. In the larger role, she will handle matters related to JA, its publishing unit National Jeweler, and the DiamondCouncil of America (DCA), which became an affiliate of JA in A...Read More
RAPAPORT... Lucara Diamond Corp. has appointed Zara Boldt as its chieffinancial officer and corporate secretary, as part of an effort to consolidateits management team, the miner said last week. "[Zara] will be focused on maximizing the value of Lucara'score diamond-mining business at Karowe, and will support the development ofClara, our new secure, digital diamond-sales platform," said CEO...Read More
RAPAPORT... Alrosa has encouraged its long-term clients to disclose theRussian origin of diamonds they buy from the miner. The company has urged its Alrosa Alliance members - clients thathaved a rough-buying contract with the miner - to be open about where they get their diamonds from when selling them on to others. This includes "highlighting the exclusively Russian,natural and non-conflict origi...Read More
RAPAPORT... The Jewelers Board of Trade (JBT) has appointed RichardWeisenfeld as president, the industry group said Friday. Weisenfeld (pictured), who previously held executive positions at RivaPrecision Manufacturing, as well as at Pranda North America, has been actingpresident since Anthony Capuano retired in February. He has served on the JBT boardfor 17 years, and was chairman from 2014...Read More
RAPAPORT... Lucara Diamond Corp. has appointed Zara Boldt as its chieffinancial officer and corporate secretary, as part of an effort to consolidateits management team, the miner said last week. "[Zara] will be focused on maximizing the value of Lucara'score diamond-mining business at Karowe, and will support the development ofClara, our new secure, digital diamond-sales platform," said CEO...Read More
RAPAPORT... Tango Mining achieved an average price of $864 per carat atits March tender, driven by the sale of an 8.47-carat diamond, the company saidFriday. The stone, which fetched $2,896 per carat, was among 106 roughdiamonds - weighing a combined 159.34 carats - that Tango put up for sale. Tango sources its diamonds from the Oena mine in SouthAfrica. The company has recovered 1,660...Read More
RAPAPORT... Christie's New York spring sale will feature an8.42-carat, fancy intense pink diamond ring, estimated at between $4 millionand $6 million, the auction house said Friday. The cut-cornered rectangular modified brilliant-cut, VVS1-claritystone has the potential to be recut to internally flawless, according toChristie's. Two tapered baguette-cut diamonds surround it on either side. Otherno...Read More
A 6.16-carat diamond called Farnese Blue will appear on the market for the first time in history this spring, after having remained in the same family for over three centuries.Sotheby's will be offering the gem at its Magnificent Jewels and Noble Jewels sale taking place in Geneva on May 15, 2018. The stone's value is calculated between $3,690,000 and $5,270,000. According to a press release issue...Read More
JSE-listed raiseboring and drillingservices provider Master Drillingfeatured its horizontal raiseboring (HRB) technology and its advantagesfor mechanised mining at the latestSouth African National Committee on Tunnelling (SANCOT) breakfast, heldin Woodmead last month. Master Drilling mechanical engineer Willem Roothman, who presented the technology for mining and civilengineering applications, hig...Read More
22 March 2018 - De Beers Group today announced that its Forevermark diamond brand will enter the German market for the first time after signing with an exclusive licensee partner, and is in advanced-stage discussions with potential partners in France and Italy. The expansion into new European markets comes on the back of successful global performance throughout 2017 and in 2018 to date.In Germany,...Read More
VANCOUVER (miningweekly.com) – An analysis from independent New York-based diamond analyst Paul Zimnisky has shown that prices for synthetic laboratory-created diamonds are falling at an accelerating pace.Lab-created diamonds have enjoyed a 71% year-on-year improvement of its discount to natural equivalents over the past 12 months. Today, synthetic diamonds sell about 30% to 40% cheaper to t...Read More