A tiara encrusted with 178 Rio Tinto’s rare Argyle pink diamonds is one of the rare exhibits at the Masterpieces London Fair, a showcase of such unique pieces. The tiara is displayed by jeweller Asprey. Its design sensibilities narrate art from the bygone era shaped in contemporary style, and shows off the varied colours, sizes [...]
The ‘Emerald for Elephants’ exhibition, part of the ‘London Elephant Parade’ public art exhibition to raise funds for World Land Trust and Wildlife Trust of India’s initiative to save critically endangered Asian elephants, concluded with the sale of the most valuable elephant of the parade. The piece, called the ‘Emerald Queen’ elephant featuring 678ct emerald [...]
Harry Winston Diamond Corporation secured a $100 million revolving credit facility, the company said on Thursday. According to Chairman Robert Gannicott, there is “no ‘normal-course’ need” for the debt facility. The three year facility with Standard Chartered Bank bears a 3.5 percent interest rate and has two one-year extensions. The credit line is available to [...]
Last December Rachel Bilson traveled to Botswana and South Africa to see the work being done by Russell Simmons’ Diamond Empowerment Fund. Now the actress has created a new bracelet to benefit the cause. The leather bracelet features a 1/6 carat diamond in an Everlon Diamond Knot setting (the latest design from De Beers). The [...]
Lucara Diamond recovered a 53.5 carat, white Type IIA diamond at the company’s Mothae mine in Lesotho. The find is a big surprise, as Lucara started initial production just a few days ago. The Mothae mine goods were give a high valuation that was not based on the finding of large high value goods. The [...]
The U.S. imported $40.5 million worth of rough diamonds in April at an average value of $3,434.11 per carat, a 96.7 percent and 112.7 percent respective increase compared to April 2009. Net imports of $15 million are a 73.9 percent increase compared to last year, based on figures released by the U.S. Commerce Department. The [...]
U.S. net polished diamond imports totaled $374.4 million in April, according to figures released by the U.S. Department of Commerce. Gross imports of $1.35 billion are a 69.6 percent year-over-year increase, yet still 10.8 percent below the value of imports in April 2008 While the diamond industry is expressing its satisfaction from the Las Vegas [...]
Las Vegas–Jewelry manufacturing company Brilliant Stars and the non-profit organization Fair Fund have partnered to debut a new jewelry program that is helping to fight human trafficking. Through the Jewelgirls program, survivors of human trafficking are given the opportunity to participate in therapeutic jewelry-making and also sell their creations, using revenues to support themselves and [...]
May 2010 turned out to be the fifth consecutive month when Belgium’s exports of rough and polished diamonds have increased, according to the Antwerp World Diamond Centre. Polished exports in the month rose 4.0 percent to 629,984 carats, and 39.0 percent in value to $920.5 million, as compared to May 2009. In the first five [...]
L Gopal Jewellers a leading Indian manufacturer and wholesaler of gold and diamond-studded jewellery, recently launched a new flagship showroom in Assam, on the occasion of completing its 25 years in the industry. The celebrations of the event included a fashion show with four renditions, namely, ‘The L Gopal Story : A journey with many [...]