The Diamond Certification Laboratory of Australia (DCLA)
Buy and sell diamonds with the help of the experts
Archduke Joseph Diamond will be offered at auction in Geneva in November 2012.
One of the most famous diamonds in the world, the impressive 76.02 carat. D colour, internally flawless diamond. Traces its origin is to Golconda mines in India where some of the best diamond crystals are found.
The Diamond is expected to fetch well over $15 million when it hits the auction block.
Botswana now boasts diamond production, cutting and polishing, jewellery manufacturing and finally rough diamond trade.
The bourse will provide a platform for producers, brokers, valuers and traders, with new tenants having already taken up residence in the building, adding to the diamond industry chain.
This will make Botswana a vibrant market for diamonds. It is expected that government will market its allocation of Debswana production through the new bourse.
The DTP is a private initiative funded by Safdico, a Diamond Trading Company.
The Indian diamond industry’s liquidity crisis – said to be the worst in 50 years – is claimed to be self made as big and medium diamond firms have diverted $5.4 billion in bank finance for diamond operations into real estate, according to a report published in The Times of India.
Some diamond firms reportedly used finance obtained from several high-street lenders to dress up past losses on their books.
With real estate prices now falling, these firms are now caught in a crunch. The situation is compounded by speculative buying of rough diamonds over the past two years. Rough diamond prices also declining.
De Beers Diamond trading Company (DTC) reduced sight prices by an estimated average of 8 % at its week. The sights total value is estimated at $580 million USD and all site boxes were taken.
Price were down across the range with reductions of up to 17 % for better-quality goods.
DTC is said that rough prices have now in line with polished, which have since stabilized.
DTC sales have declined by 23 % year on year to about $4 billion.
Lonrho Mining and joint venture partner Endiama Diamond Company working in the Lulo Diamond Concession located near the Cuango River in northeastern Angola, have recovered Diamonds from the valley of the Cacuilo River within the Lulo Concession.
The larger of the two stones is a 131.5-carat diamond, the biggest diamond recovered since it began treating alluvial gravels at the Lulo project in 2010.
The recovery of the two diamonds comes as Lonrho prepares for the drilling of 61 prioritized kimberlitic targets at the 3000-square-kilometer Lulo Concession.
JewelleryNet Asia will hold the free seminars on digital marketing workshops at the upcoming September Hong Kong Jewellery Fair.
A similar seminar was held during the June Hong Kong Jewellery and Gem Show , Based on the success, organizers UBM Asia decided to repeat the venture. The workshops will take place at the fairground in the morning before opening.
The presentations include know-how and practical tips as well as statistics and data taken from JewelleryNet’s original research and analytics.
Many jewellery professionals have difficulties in keeping up with the fast developments online. But using digital channels as tools to generate new leads and enhancing existing business jewellers can generate a direct advantage.
With the workshops, we intend to break down the challenges of the online environment into simple steps.
The Hong Kong diamond industry has announced its impressions of a new fast and efficient method of manufacturing synthetic diamonds. The CVD process has become more common in recent years.
Chemical vapour deposition (CVD) created diamonds were submitted to the laboratory for expert analysis. All of the CVD synthetic round brilliant polished diamonds submitted to the Laboratory last, had a colour and appearance comparable to top quality natural diamonds.
Though some weak graining and tiny pinpoints were found in the stones, Graders observed no fractures or inclusions.
These qualities earned the stones clarity grades of anywhere from VVS1 to VVS2, with a single stone graded as a VS1.
None of them responded significantly to long-wave ultra-violet radiation.
All IDC Laboratories are able to identify treated and Synthetic stones.
If your diamond is uncertified, or has been graded without being tested. Contact the DCLA for advice.
Botswana produces more gem quality diamonds from sparsely populated country than any other nation. Anglo formally offered the Botswana government a pro-rata share of the Oppenheimer family’s 40% stake under a long-standing pre-emption agreement.
Botswana never exercised the right to raise its shareholding in the company to 25% from 15%. The reason given it, would have cost it $1.3 billion. at a time when it is striving to contain government spending,
De Beers remains the world’s largest Gem quality diamond producer by value.
The new HRD Antwerp lab is located in the heart of the new diamond district.
HRD offers quality certification services in accordance with the IDC that reflect its pledge to ensure compliance with the same stringent quality standards applied in Antwerp, where its parent lab is located. The new facility is staffed with both local and Antwerp expert gemmologists.
De Beers groups sales declined 14%as earnings fell to $386 million in the first half of 2012,
De Beers observed tight liquidity persisted in India although that DTC prices remained stable.
DTC sightholders were seeing high inventories in the cutting centers. De Beers Jewellers saw a decline in the high-end market.
De Beers mining giant expects trading to remain week in the second half of 2012, but anticipates global diamond jewellery sales to see slight growth.
The Us and Europe are expected to remain weak. With China, Japan and the Gulf contributing the bulk of the growth.