What other security measures does the DCLA offer ?

You can have your certified diamond sealed in a DCLA Certicard ® Seal which will provide a further safeguard against your stone being substituted. The seal has a number of security features including electrostatic security bars, pressure-sensitive transparent adhesive and Cryptoprint® text which becomes visible after opening the seal. It is therefore very difficult to tamper with the seal. This sealing will also protect your diamond against damage and dirt.

How do I know that my diamond certificate or diamond grading report is from an independent laboratory ?

Ask the jeweller if the diamond certificate comes from an independent diamond laboratory or if it produced by a diamond merchant or retailer, then do your research. Make sure the certificate is issued by the DCLA or another highly respected diamond grading laboratory; DCLA is the only diamond grading laboratory worldwide to offer a full-replacement Diamond Grading Guarantee.

Gem Diamonds recovers 80 carat rough diamond

Another D colour Type II diamond weighing 80 carats has been recovered.

Shares in Gem Diamonds spiked on Thursday after the miner announced it had recovered one of the highest quality stones to come out of its Letseng mine in Lesotho.

The discovery of this 80 carat diamond comes less than a month after the miner announced the recovery of a 114 carat rough diamond. And two years after Gem Diamonds found a 357 carat rough diamond, which sold for $19.3 million.

Gem Diamonds has recovered four of the 20 largest white gem quality diamonds ever recovered, which makes of the Lesotho mine the world’s highest dollar per carat kimberlite diamond operation.

Blue Moon Diamond

The Blue Moon Diamond has been sold for a record US$48.26m at Sotheby’s in Geneva.

The sale price is a record per carat and for total value for any gemstone.

Blue Moon Diamond has no inclusions and has been officially declared flawless.

The 29.62-carat diamond was found at the Cullinan Mine in South Africa in January last year, blue diamonds make up only 0.1% of diamonds unearthed at the mine.

It was then cut and polished in New York, a process which took six months and eventually produced the 12.03 carat vivid blue gem.

De Beers sightholders refuse boxes Update

De Beers’s sightholders.

De Beers’s the world’s largest rough producer felt the pain, when only $300 million of the $450 million estimated sight was taken up by their sightholders. This leaves 30 percent of the rough on offer  on the table.

Anglo has previously counted on diamond revenues to offset a collapse in the price of other metals and minerals it mines. Anglo may cut the company’s dividend for the first time since 2009 according to analysts.

This is an indication of turmoil in the $80 billion diamond industry as traders, cutters and polishers suffer from a poor liquidity and weaker demand for jewellery.

Producers in India, where 90 percent of rough diamonds are cut and polished, may halt imports over the supply glut.

Update: Report sightholders may have refused 35%-50% at July sight which may be as low as $200M.

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.

Gemmological Institute of America seven week graduate diamond diploma

Gemmological Institute of America

The GIA a gemmological organisation will be conducting a seven week graduate diamond diploma from January 8.

The programme combines theory lessons with practical hands on learning and will be held in Jaipur.

Students will learn how to grade in accordance with the GIA’s 4Cs colour, cut, clarity and carat weight of diamond in the D-Z colour range.  

As well as how to grade diamonds and detect simulants and treatments like fracture filled diamonds using gemmological equipment.

The course will be taught by instructors from the Mumbai campus.

$2.1 billion in diamonds from Russia for Indian companies

Twelve Indian diamond companies including Kiran Gems, Asian Star and Rosy Blue India, have signed three year contracts with ALROSA at the World Diamond Conference,

Each of the companies signed separate contracts with ALROSA and will buy rough diamonds worth USD 2.1 billion or about USD 700 million per year for a period of three years. This will assist the companies save considerable amount of commissions.