Diamond Topics

Sotheby’s HK to auction rare, blue diamond in April

The Editor — Tue, 02 Mar 2010 10:41:35 +0000

Sotheby’s will auction next month a rare, large blue diamond that was once part of the legendary De Beers Millennium collection, with fierce bidding expected on the $4.6-$5.8 million estimate price.

(more…)

Diamond Commission Approves CIBJO’s Use of Additional Descriptors for Synthetic’s

The Editor — Mon, 01 Mar 2010 16:10:31 +0000

CIBJO’s Diamond Commission made a momentous decision today, by voting to accept descriptive terms other than “synthetic” for diamonds grown in a non-natural setting. The decision, which was made at the 2010 CIBJO Congress in Munich, brings the organisation in line with the position adopted earlier by other major industry groups.

(more…)

Diamond Price Gains to Slow This Year

The Editor — Mon, 01 Mar 2010 16:08:48 +0000

London: Gains in rough diamond prices may slow in 2010 after surging in the second half of last year as producers increase output of the gems, according to Petra Diamonds Ltd. Chief Executive Officer Johan Dippenaar.

(more…)

“Baron” Baretzky appointed as CEO of DiaLab South Africa.

The Editor — Fri, 08 Jan 2010 08:24:44 +0000

“Baron” Baretzky, the former Chairman of CozDia International who has resigned in June last year has accepted the post as CEO of DiaLab South Africa. He said in an interview that this is to maintain an objective view of diamond grading as it would be a conflict of interest to be directly related to any sales or trade in Africa. He explaines that Africa needs an objective view and therefore he has no interest in participating in any sales or deals in Africa. This brings a surety to the dealers and interest of many whom has perhaps spread some anecdote about this issue.

(more…)

Antwerp Diamond Bourse to Launch By-Invitation-Only Diamond Trade Fair

The Editor — Sat, 12 Dec 2009 06:31:10 +0000

The 105-year-old Antwerp Diamond Bourse - Beurs voor Diamanthandel - is to launch a revolutionary initiative with an exclusive, by-invitation only diamond trade fair in the bourse trading hall, February 7-9, 2010.

(more…)

Christie’s 39-carat ‘Star’ Diamond shoots off at $5.4M

The Editor — Sat, 12 Dec 2009 06:12:44 +0000

A 39-carat, D color diamond from India’s famed Golconda mines called the “Evening Star” fetched $5.4 million at Christie’s, the latest in a line of remarkable diamonds to dazzle at auction.

(more…)

New Diamond Laboratory for South Africa.

The Editor — Sat, 05 Dec 2009 08:22:32 +0000

DiaLab Pty Limited is the first Forensic Diamond Laboratory in South Africa to focus on Carbon Fingerprinting of Diamonds in their certification. They officially opened in September this year and the word already has its place that they are “too strict” or lets us rephrase, “too correct” in their grading of Diamonds.

(more…)

Diamond Council Slams South Africa’s State Diamond Trader

The Editor — Sat, 05 Dec 2009 07:16:22 +0000

The State Diamond Trader is not delivering and the State Diamond Trader’s team is ineffective, the Diamond Council of South Africa says in a hard-hitting statement. The State-owned State Diamond Trader was created by the South African government to add value in South Africa to 10% of the diamonds mined in South Africa.

(more…)

“Vivid pink” Diamond Sells for Record $10.8 Million

The Editor — Sat, 05 Dec 2009 07:10:59 +0000

A rare, 5-carat pink diamond was auctioned off for a record $10.8 million in Hong Kong on Tuesday, putting some shine back into the world’s rare and large stones market which was badly hit by the financial crisis.The stone, of a “vivid pink” hue and considered near perfect, but not quite flawless, triggered brisk bidding in Christie’s autumn sales of Asian and Chinese art in Hong Kong.

(more…)

The “Forevermark” , A Genuine or Natural Diamond.

The Editor — Tue, 21 Jul 2009 11:17:46 +0000

The “Forevermark” from De Beers raise questions about the actual grading of these diamonds sold into the markets. A diamond that is laser imprinted other than the girdle of the diamond cannot be concluded as a natural diamond.

(more…)