New record-breaking diamond discovered: 1,758 carats
Lucara Diamond has unearthed a whopping 1,758 ct. diamond at its Karowe mine in Botswana, which is now considered the second largest piece of rough ever found.
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The Shirley Temple bue diamond is back
The Shirley Temple Blue Diamond failed to sell at auction in 2016, but now it’s found a new life.
Brexit continues to buoy Swiss watch growth
Swiss watch exports rose 4.4% to CHF 1.74 billion ($1.72 billion) in March as UK retailers continued to stockpile in preparation for Brexit.
Jewelry sales solid for Kering in first quarter
Kering noted strong sales in its jewelry-and-watch division in the first quarter, amid growing Asian demand and a positive reception at the Salon International de la Haute Horlogerie (SIHH) fair in Geneva.
State Department warns of coming jewelry industry crackdown
[On 15th April], U.S. State Department officials delivered a blunt message to industry groups and companies at a meeting in New York City: Jewelry businesses must know and declare where all their materials originate from or they will be subject to new regulations.
WDC presents its revised System of Warranties at OECD Responsible Mineral Supply Chain Forum in Paris
Press release – Senior officials of the World Diamond Council (WDC) have provided an overview of the organization’s revised System of Warranties (SoW), during two sessions on April 24 at the 13th Forum on Responsible Mineral Supply Chains of the Organization for Economic Cooperation and Development (OECD) in Paris.
Gemfair expands to create more opportunities for artisanal and small-scale miners in Sierra Leone
Press release – GemFair, a pilot project developed by De Beers Group, that aims to create a secure and transparent route to market for ethically sourced artisanal and small-scale mined (ASM) diamonds, is scaling up its operations in Sierra Leone
RJC makes changes to its Code of Practices
RJC has launched its new Code of Practices (COP).The COP defines responsible, social and environmental business practices for companies in the jewelry supply chain and commits members to adhere to a robust set of comprehensive auditable standards.
WDC takes part in OECD Forum and hightlights the importance of the KP reform
Press release – WDC is traveling to Paris, and in its spotlight the OECD’s Responsible Mineral Supply Chain Forum and Kimberley Process reform.
Twin-Stone ring fetches $7M at Christie’s
Christie’s New York Magnificent Jewels auction garnered $30.3 million on Tuesday, with a twin-stone ring leading the sale.
Largest CVD synthetic diamond identified in France
The Laboratoire Français de Gemmologie (French Gemmological Laboratory in Paris, LFG) detects some synthetic diamonds on the French market. These synthetic diamonds are generally small diamonds (between 7/10 mm and 20/10 mm) mixed in batches of natural melees diamonds for use in paving jewelry.
Sotheby’s garners $21.5M at New York auctions
Two Sotheby’s New York auctions brought in a combined $21.5 million Wednesday, with a blue-diamond ring achieving the top price.
