De Beers diamond grading and inscription facility opened in Surat

The major investment in Surat facility reflects a world class diamond cutting and polishing centre characterised by skill, innovation and the effective use of technology.

De Beers the world’s leading diamond company is considering a diamond auction centre in India.

This laboratory is the second of its kind in the world owned International Institute of Diamond Grading and Research. 

The laboratories primary function will be to select and inscribe Forevermark diamonds with the unique serial number to deliver an accurate and reliable grading for diamonds.

De Beers is the world’s leading diamond company established in 1888  experts in exploration, mining and marketing of diamonds.

Tough rules for De Beers diamond customers

Biggest reforms in a decade from De Beers’s over concerns of the financial stability and transparency of their sightholders.

The world’s largest supplier by value is changing the deal, introducing tougher rules for companies wanting to join its coveted group of sightholders.

De Beers will also insist customers hold a specified proportion of equity in their businesses, making them less reliant on bank borrowing.

Bank finance has receded and no new banks are coming forward after Antwerp Diamond Bank closed to new business in September.  Over the past two years banks have cut credit lines to the diamond trade, causing liquidity problems and a sharp fall in rough diamond prices.

The De Beers group which sells $6bn of unpolished diamonds annually will clarify the financial situation of all the companies. The belief is transparency will benefit the whole sector.

Rare Orange diamond to showcase at Shapiro Auctioneers

Orange / yellow Orange one of the rarest colours found in natural diamond.

In 2014 a spectacular orange fancy vivid pear shape diamond mined in South Africa, weighing 14.82 carats was auctioned for a record price of $2.39 million per carat or $35.54m for the diamond. Setting a new record price per carat for any fancy colour.

The 1.03 ct Intense Fancy yellow Orange Round brilliant is made rarer because of the combination of the size, shape, colour and clarity.

Shapiro’s Auctioneers will auction the diamond at the May 13 Jewellery sale.

Source Fairfax Media Publications FR

Trillions of carats of diamonds from meteorite

A meteorite impact 35 million years ago in Siberian, is said to have brought enough industrial diamonds which could supply the globe for thousands of years.

The discovery of meteorite crater known as Popigai in the early 1970s contains more industrial quality diamonds than all the present known deposits around the world.

The Diamonds crystal formation makes them much harder than gem quality diamonds, and could make them important in high grade industrial uses.

The meteorite crater is 100 kilometres in diameter was kept secret for close to two decades.

The Fascination by Graff

The Diamond Watch that effortlessly turns into an exquisite ring

Created by Graff Diamonds a London based jewellers founded in 1960.

Fascination is a diamond encrusted masterpiece piece which features a 38.13 ct pear shaped diamond which can be worn as a ring or inserted into a diamond encrusted watch bracelet with 152.96 cts of white diamonds.  

Graff uses only the very finest diamonds, resulting in the creation of the most fabulous jewels in the world.

The Fascination will be on show at the BaselWorld watch fair in Switzerland, which begins tomorrow.

IIa Technologies Diamond manufacturer launches greenhouse

IIa Technologies created a 3.04 ct synthetic white diamond, which is the largest polished laboratory grown diamond disclosed.

The company expects 25 to 30 per cent growth in consumer demand for laboratory grown diamonds.

The research centre based in Singapore will use the diamond greenhouse to grow Type IIa colourless diamonds, and will continue an industry wide adoption of advanced technologies like additive manufacturing, lasers and optics, and robotics.

24K Gold Apple iWatch

On Monday Apple unveiled its new smart watch to consumers, it is available in two sizes.

Starting at $350.00 USD for the entry level model, and rising up to $10.000 for the 18K gold version the new iwatch is set to change the way we look at watches.

While 10.000 will get you the standard 18K gold, for the best you will need to add $65.000.

The custom Apple watch has multiple rows of diamonds set around the face and strap.

Is this $75,000 USD diamond Apple iwatch is the ultimate smart watch? 

Coloured diamonds are best investment

Fancy coloured diamonds are fast overtaking the colourless white gems as a safe long term investment option.

The Fancy Colour Research Foundation (FCRF) latest research shows that fancy colour diamonds have outperformed white diamonds prices.

Natural fancy diamonds come in many different colours including the rare blue, orange, pink, red, and greens are achieving higher prices on the international market.

The FCRF has seen striking changes in the value of fancy coloured diamonds over the past. The data revealed patterns between investment and world economies.

Recently an 8.41 carat vivid purple pink diamond was sold for a record $17.10 million, and a 14.82 carat orange diamond sold for a world record $35.5 million.

Diamonds to be auctioned by Rapaport

Rapaport has announced that will be opening its melee auction in the Hong Kong International Diamond show, the auction consists of premium quality diamond parcels in all shapes.

Limited spaces are available and viewing is by appointment only.  Rapaport will auction the record 98,000 carats of diamonds.

Director of Global Trading, Ezi Rapaport, said "all eyes are on the Hong Kong show as it will play a determining role for the trend in Quarter two”.

Brown Diamonds natural or synthetic

Causes of colour in heat treated brown diamonds and synthetic brown diamonds are similar to treated pink diamonds.

In natural diamond the colour is related to a lattice imperfection. This can be mimicked in synthetic or treated diamond by a variety of treatments including annealing, heating or irradiating. The heat and pressure or irradiation can result in the lattice deviation resulting in the brown or pink colour.

Synthetic brown diamond is created by compressing graphite under extreme pressure and heat to above 1500 Celsius. The treatments were perfected in several laboratories in Russia, United States and China.

Lazare Kaplan Internationals Belgium subsidiary Pegasus Overseas Ltd marketed the General Electric processed diamonds under the name GE POL or in the USA as Bellataire.

This led to a technique for creating, or treating brown diamonds into higher valued colours like yellow or colourless diamond.

The disclosure of the treatment is noted by the “GEPOL" inscribed on the girdles of every treated diamond.

Brown diamonds are often marketed with expensive sounding names like Cognac, Champagne or Chocolate diamonds. Natural brown diamonds are a cheap alternative to more expensive colours.