De Beers Enlists Maharaja to Promote Natural Diamonds in India
October 11, 26
De Beers has enlisted Jaipur's titular Maharaja, Sawai Padmanabh Singh, to promote natural diamonds in India, as the company seeks to expand demand in a market it sees as a major source of future growth. Singh, 28, is head of Jaipur's former ruling royal ... Read More...
Princess Saw Her Unique Engagement Ring in Auction Catalog
October 08, 26Princess Firyal Irshaid of Jordan told a court this week that she discovered her unique sapphire-and-diamond engagement ring had been stolen when it was pictured on the front of an auction catalog. The princess, who married Prince Muhammad bin Talal... Read More...
Signet Repositions Blue Nile with Royal Asscher Deal
October 07, 26Signet Jewelers has announced an exclusive North American partnership between Royal Asscher and Blue Nile, which it is repositioning from an online diamond retailer to a luxury jewelry brand. Royal Asscher, the Amsterdam-based, family-run diamond house... Read More...
Pandora Opens World's Biggest Jewelry Factory
October 07, 26Pandora has opened a $150 million jewelry factory in Vietnam, which it describes it as the world's largest fine-jewelry crafting facility. The company's first production facility outside Thailand will eventually account for about one-third of its global production ... Read More...
Thief Cut Courier's Trousers, Stole $15,000 Diamonds
October 06, 26A thief cut the trousers of an angadia (diamond courier) boarding a train in India, and stole the parcel he was transporting, valued at $15,600. The 55-year-old victim was about to travel from Ahmedabad to Mumbai on the express Gujarat Mail service... Read More...
Memo by John Jeffay
October 07Petra Diamonds started life in 1997 as a small diamond exploration company. It went on to acquire five former De Beers mines, extracted considerable value from them and became one of the world's largest independent diamond producers, reaching a peak... Read More...