The biggest and priciest diamonds of 2018
As the year comes to a close, Rapaport News takes a look back at the largest rough stones miners unearthed in 2018, and the diamonds that fetched the highest prices at auction.
The R&M “Lettre”
Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below
We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.
Dubai Diamond Exchange joins GJEPC’s MyKYCBank platform
The Dubai Diamond Exchange (DDE) is to join the MyKYCBank platform of India’s Gem & Jewellery Export Promotion Council.
De Beers ready to relax its provenance rules
De Beers is planning to loosen its source-disclosure restrictions for sightholders following requests for increased transparency, Rapaport News has learned.
The Kimberley Process mulling over broader definition of “conflict diamonds”
The participants of the recent Kimberley Process Plenary Meeting hosted by the European Union in Brussels carried their work to completion on November 16, 2018 but were left with a home work on their hands to be done before the next convention under the chairmanship of India.
HRD to open first middle east jewelry lab
HRD Antwerp will open a diamond-jewelry grading laboratory in Dubai’s Almas Tower through a partnership with retailer Stargems Group.
This is the largest diamond ever found in North America
Dominion Diamond Mines announced that a 552 ct. yellow diamond (pictured) has been discovered at the Diavik mine in Canada’s Northwest Territories. The mine says the stone is the largest gem-quality diamond ever found in North America.
Worldwide jewelry sales rise by 4% in Q3
Press release – ALROSA presented the results of its global luxury and jewelry market research for Q3 of 2018.
Gem Diamonds unearths 101ct. and 71ct. diamonds
Gem Diamonds has recovered two large diamonds within a 24-hour period at its Letšeng mine in Lesotho, the company said Wednesday.
De Beers rough diamond sales Cycle 10, 2018
Press release – Bruce Cleaver, CEO, De Beers Group, said: “De Beers Group’s rough diamond sales during the final cycle of the year continued to be in line with expectation ahead of the all-important retail selling season as cutting and polishing factories in India restarted their operations following the Diwali holiday.”
Pink synthetic displays rare treatment, lab says
A pink diamond recently submitted to the Central Gem Laboratory (CGL) in Tokyo was found to be a chemical vapor deposition (CVD) synthetic stone, treated only with Low Pressure-High Temperature (LPHT).
India strengthens position in diamond cutting
India increased its dominance in cutting and polishing last year due to relatively low costs that gave it a competitive advantage over China, according to Bain & Company.
Tiffany scores with wealthier immigrants
Tiffany & Co., Swarovski and Pandora are the preferred jewelry brands among more affluent immigrants in the US, according to a survey by MVI Marketing.