Petra Sells Kimberley Mine for $22M

Wednesday,11 July 2018 11:100 Comments

Petra Diamonds will offload its majority stake in the Kimberley mine, claiming the deal will ensure a sustainable future for the project and help the company focus on its core assets.   Ekapa Mining has agreed to buy Petra’s 76% interest in the South Africa deposit for $22 million (ZAR 300 million), Petra said Thursday. […]

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Synthetic Diamonds?

Thursday,24 May 2018 03:280 Comments

Some 68% of Americans don’t consider synthetics to be real diamonds, with most citing the fact that they don’t come from the earth, a Diamond Producers Association (DPA) poll showed.   Another 16% of those surveyed said they weren’t sure if a diamond created in a factory was real, while the remaining 16% believed they […]

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Alrosa Sees Spike in Sales

Thursday,15 February 2018 06:260 Comments

Alrosa’s sales surged 38% to $504.5 million in January, as a strong holiday season boosted market sentiment.   “We have seen good demand for the whole assortment of our diamond products,” Yury Okoemov, deputy CEO of Alrosa, said Monday. “[Demand was] supported by positive trends in the major sales markets, backed by good retail sales […]

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GJEPC Predicts Strong Year for Jewelry

Thursday,15 February 2018 06:250 Comments

India’s gem and jewelry exports will grow by a double-digit percentage this year, Pramod Agrawal, the newly elected chairman of the Gem & Jewellery Export Promotion Council (GJEPC), predicted this week.   The high quality of Indian manufacturing and a recovery in US and European markets will drive the growth, Agrawal explained at the Signature […]

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GIA Surat and Antwerp

Saturday,13 January 2018 03:300 Comments

The Gemological Institute of America (GIA) will this year open a laboratory in Surat, and expand its operations in Antwerp to include diamond grading.     The GIA has secured premises for the two locations, and expects to open both in the second quarter, it said Monday.   The Surat laboratory will bring the GIA’s […]

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Red Diamonds

Friday,10 November 2017 03:097 Comments

One of the most remarkable things about diamonds is that they exist in nearly every shade of the rainbow. While colored diamonds are an unusual natural occurrence as a whole, the rarest of them all are red. In fact, only roughly 20 to 30 true red diamonds have been discovered, and the majority of them […]

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$42M Pink Diamond

Monday,06 November 2017 11:474 Comments

A fancy vivid pink diamond will officially be the most expensive piece of jewelry Christie’s Hong Kong has ever auctioned when it goes under the hammer at the Magnificent Jewels sale this month.   The 14.93-carat, VVS1-clarity, type IIa stone, known as the Pink Promise, has an estimate of $28 million to $42 million, Christie’s […]

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Pink Diamonds

Friday,13 October 2017 07:24One Comment

Natural pink diamonds are extraordinarily beautiful, highly valued, rare, and desperately sought after all over the world. Their wonderful shades vary from Fancy Vivid Purplish Pink to Fancy Intense Pink to Fancy Deep Orange Pink. They are nature’s magical creation of perfect beauty and elegance. The value of Pink Diamonds is all in the natural […]

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Princess Cut vs. Radiant

Friday,13 October 2017 07:230 Comments

What’s in a diamond cut? Why is cut so important? Traditionally round brilliant diamonds have been the classic shape. However, in the past ten years we have seen a major shift from round brilliant diamonds to the “fancy shapes”.   Princess Cut Diamonds were very popular in the 80’s because women wanted a non-traditional shape […]

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August and Jewelry in Carmel California

Friday,13 October 2017 07:232 Comments

August in Carmel California is just shy of madness, in a good way. Carmel Jewelry Stores gear up for this 2 week celebration up to 2-3 months in advance. What is the draw you ask??? The draw is the annual convergence of collectors of fine automobiles attending events such as the Pebble Beach Concourse’ de […]

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