The Diamond Certification Laboratory of Australia (DCLA)
Buy and sell diamonds with the help of the experts
De Beers reported steady demand for rough diamonds at its December sight as sales showed an increase over the equivalent period last year.
The miner sold $450 million worth of rough in its final sales cycle of the year, including last week’s sight in Gaborone and its auctions, it reported Tuesday. Provisional proceeds rose 6.6% compared with actual sales for the same period last year, though they slipped 3.4% from November sales.
Read More: diamonds.net
In 1940 when R.V. Cullinan the son of the renowned diamond magnate Sir Thomas Cullinan asked De Beers director Pierre De Villiers to buy him some diamonds on his next visit to Kimberley.
A collection of Fancy Vivid Yellow Diamonds owned by South Africa’s mining elite has sold at a Bonhams auction for well above its expected price.
The collection sold as two separate lots at the for a total of $773,350.
A crossover ring with two fancy vivid blue diamonds designed by Graff Jewellers has smashed its pre-sale estimate.
The ring has sold at the Christie’s New York Magnificent Jewels auction fetching more than $12.5 million USD.
Fancy colour diamonds will lead Magnificent Jewels sale on Wednesday.
Topping the sale is a Fancy Vivid Blue Diamond ring designed by Graff Jewellers. Estimated price is $6.5 million – $8.5 million USD.
The two Vivid blue Diamonds weighing approximately 3.36 and 2.71 carats with VVS2 and VS1 clarity grades are set in a crossover design, In a platinum setting.
Named the Peace Diamond the 709 carat rough diamond is the 14th largest ever recovered.
The rough diamond has sold for $6.5 million at an auction in New York, with all proceeds going to the impoverished Sierra Leone diggers who discovered it.
Sierra Leone will now be watched closely to make sure they see the social benefits from the sale of the diamond as the government promised.
The buyer of the Rough Diamond is Laurence Graff. One of the world’s top jewellers and founder of Graff Diamonds.
A new innovative e-learning platform designed to increases knowledge and productivity for professionals in the diamond and jewellery industry.
The Rapaport Group is pleased to announce the launch of Rapaport Academy. This new innovative e-learning platform increases knowledge and productivity for professionals in the diamond and jewelry industry. Written and delivered by Rapaport and independent industry experts, the Rapaport Academy’s online courses are a springboard to career success in the diamond industry.
Rapaport Academy’s first course “Fundamentals of Diamond Trading,” focuses on the commercial and practical aspects of the diamond trade, with the goal of improving participants’ skills and confidence to trade diamonds. The course helps students understand how diamonds are traded in the global marketplace, including trading rules, customs, traditions, and terminology. Topics include: best practices, legal and ethical responsibilities, diamond pricing, online diamond trading, technological innovation, market trends and tips for professional trading.
The online format of the Rapaport education platform enables students to study at their own pace, anywhere and at any time. This new course is ideal for both diamond professionals and newcomers to the industry.
Additional information is available at www.rapaportacademy.com.
Christie’s Magnificent Jewels auction was held on November 28th in Hong Kong.
The Stand out diamond was the incredibly rare 14.93 carat Fancy Vivid Pink Diamond with a VVS1 Clarity.
The Vivid Pink Diamond described by Christie’s as the “Picasso of the Pink Diamond world,” sold for an incredible $31,861,000 approximately $2.13 million per carat.
Only one in every Thousand diamonds mined is classified as Fancy Colour.
The Pink Promise Diamond is Fancy Vivid which is the highest possible colour grade for Fancy Colour Diamond.
Prince Harry and Meghan Markle confirmed after 16 months of dating that they are engaged to be married.
Set in yellow gold the three stones diamond ring features the central stone from Botswana Southern Africa, a country Prince Harry has visited many times over his life, and where Prince Harry and Meghan Markle have spent time together.
The two side stones come from the personal collection of the Prince’s late mother Diana Princess of Wales.
Diamond Miner Gem Diamonds has found a 202 carat rough diamond at its Letšeng mine in Lesotho, Sothern Africa. The rough diamond is the latest of seven recovered over 100 carats this year.
The D colour type IIa diamond was recovered when they mine switched to the higher grade K6 section of the main pipe earlier this year.
The Letšeng mine is one of the highest diamond deposits by value in the world with the an average price of $2,397 per carat for the July tender.
De Beers is planning to add the world’s largest custom built diamond mining vessel to its fleet at a cost of $142 million.
The ship will be the sixth belonging to Debmarine Namibia, a 50/50 joint venture between the miner and the Republic of Namibia, De Beers said Tuesday. Expected to begin operations in 2021, it will enhance the company’s ability to recover diamonds off the southern African country’s Atlantic coast, the rough producer added.
“There is a great amount of potential in Namibia’s marine diamond deposits, and this new vessel will support our strategy to continue to grow our offshore operations,” said De Beers CEO Bruce Cleaver.
Earlier this year, De Beers launched the MV SS Nujoma, the world’s largest diamond sampling and exploration vessel. Acquiring the new ship will help the company capitalize on that vessel’s work, and support the long-term future of Namibia’s diamond sector, Cleaver added.
Kleven Verft, a Norwegian ship-building company that constructed the Nujoma, will also build the new vessel, and has signed a memorandum of understanding with De Beers.
Source: Diamonds.net