Huge Diamond Recovered at India's Only Mechanized Mine
September 28, 26
A 27.29-carat gem-quality diamond has been recovered at Majhgawan, India's only mechanized diamond mine. The government's National Mineral Development Corporation (NMDC), which owns the mine, estimates it's worth around Rs 1 crore ($105,000)... Read More...
Moody's Downgrades Botswana Again as Diamond Slump Persists
September 28, 26Moody's Ratings has downgraded Botswana's long-term government credit rating, citing the continuing impact of the diamond-market downturn on government revenues and public finances. It cut Botswana's rating to Baa2 from Baa1 on September 25... Read More...
Brilliant Earth Launches the Elizabeth Taylor LAB GROWN Collection
September 27, 26Brilliant Earth has partnered with the Elizabeth Taylor Estate to launch a 17-piece jewelry collection . . . using lab grown diamonds. Taylor's own jewelry legacy was built around major natural diamonds, historic pearls and colored gemstones, many of... Read More...
"Significant Restructuring": HB Antwerp Scales Back Botswana Operations
September 27, 26
8.03-ct Blue Diamond Could Fetch $2.6m
September 24, 26An exceptionally rare 8.03-carat blue diamond ring is expected to fetch up to £2 million ($2.64m) at auction in London next week. The center stone is a pear modified brilliant cut fancy light blue diamond graded as VS2 clarity by GIA mounted within... Read More...
Memo by John Jeffay
September 24Al Cook says diamond prices are starting to rise. Is he right? "In the last few months, we've seen the price stabilize and begin to grow," said the De Beers Group CEO said in Beijing last week. The headline numbers still look like a market in retreat.... Read More...