5-Carat ‘Ai’ Fancy Vivid Blue diamond goes for $13.8M
The 5-carat fancy vivid blue ‘Ai’ diamond was named after the Chinese word for love, and one buyer certainly fell for the stone at auction Wednesday—to the tune of $13.8 million, to be precise.
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Richemont could buy Buccellati, report says
Richemont is looking into buying Italian jeweler Buccellati, an unexpected turn given its current owner purchased it just a little more than a year ago, according to a Reuters report quoting Italian newspaper Corriere della Sera‘s supplement L’Economia.
Responsible Jewellery Council announces Code of Practices review
The Responsible Jewellery Council (RJC) announced it is reviewing its Code of Practices (COP) standard.
5ct. pink sets world ecord at Bonhams
Bonhams has sold a pink diamond for $583,551 per carat, a world-record price for its color category, the company reported.
Andrew Bone to leave RJC
Andrew Bone will step down as executive director of the Responsible Jewellery Council (RJC), the organization said Tuesday.
India raises import tax on cut and polished diamonds
The Indian government has raised the import duty on cut and polished diamonds and processed colored gemstones to 7.5 percent from 5 percent.
De Beers marks first year anniversary of partnership with UN women
The program is part of De Beers Group’s three-year partnership with UN Women, which includes a US$3 million investment to advance women and girls in De Beers Group’s diamond producing countries, announced in September last year.
19ct. pink diamond could set records
Christie’s expects to sell a rare fancy-vivid-pink diamond for between $30 million and $50 million, potentially setting a new world auction record price for the color category.
The Diamond Industry – Is 2018 shaking up the diamond industry?
Will the year 2018 be a watershed movement for the diamond industry? Neither better nor worse than any other, it does however seem to be bringing great changes or renewal. With De Beers leading the way—and that is certainly not revolutionary—the diamond industry is taking its destiny in its hands. Half way through the year, […]
Diamond Empowerment Fund awards $130,000 to Botswana Top Achievers
The Diamond Empowerment Fund (D.E.F) donated $130,000 to the Botswana Top Achiever Program during a dinner reception with President Mokgweetsi E.K. Masisi of Botswana.
Here’s what Tiffany’s new engagement ring looks like
Tiffany & Co.’s CEO teased an “innovative diamond ring concept” during the company’s second quarter earnings call last month, and now it’s here.
Worldwide jewelry sales increase by 5% in Q2
Press release – ALROSA presented the results of its global luxury and jewelry market research.
