“The Lesotho Legend” sells for $40 million

Gem Diamonds recovered the 910 carat rough diamond in January.
The world’s fifth biggest gem quality diamond ever found has sold for $40 million , the company that found the massive rough diamond reported.

Gem Diamonds mined the D colourType IIa rough diamond at its flagship Letšeng mine in Lesotho.
The Lesotho Legend was purchased by an anonymous buyer in Antwerp, the company said.

Prior to “The Lesotho Legend,” the largest rough diamond recovered at Letšeng was a 603 carat named Lesotho Promise.

Source: DCLA 

“The Lesotho Legend” sells for $40 million

Gem Diamonds recovered the 910 carat rough diamond in January.
The world’s fifth biggest gem quality diamond ever found has sold for $40 million , the company that found the massive rough diamond reported.

Gem Diamonds mined the D colourType IIa rough diamond at its flagship Letšeng mine in Lesotho.
The Lesotho Legend was purchased by an anonymous buyer in Antwerp, the company said.

Prior to “The Lesotho Legend,” the largest rough diamond recovered at Letšeng was a 603 carat named Lesotho Promise.

Source: DCLA 

Lucapa recovers more diamonds at Lesotho mine

Australia’s Lucapa Diamond has announced workers at its 70% owned Mothae mine in Lesotho have recovered diamonds sourced from residual material and kimberlite stockpiles.

The company said the rough diamonds were recovered through the existing bulk sampling plant and infrastructure at Mothae, which has been refurbished ahead of schedule as part of a previously announced bulk sampling program.
According to the statement the largest rough diamond recovered in the test run is 6.6 carats.

Source: DCLA

Lucapa recovers more diamonds at Lesotho mine

Australia’s Lucapa Diamond has announced workers at its 70% owned Mothae mine in Lesotho have recovered diamonds sourced from residual material and kimberlite stockpiles.

The company said the rough diamonds were recovered through the existing bulk sampling plant and infrastructure at Mothae, which has been refurbished ahead of schedule as part of a previously announced bulk sampling program.
According to the statement the largest rough diamond recovered in the test run is 6.6 carats.

Source: DCLA

De Beers Will Start Auctioning Other Mines Goods

De Beers  will begin auctioning rough diamonds from other mining companies to provide a broader range of goods.

The company will pilot the new program this year, making it easier for customers to buy their entire supply in one place, Neil Ventura, De Beers executive vice president of auction sales, said on Monday.

“One message that’s come through from our recent customer engagements is a desire for us to develop our supply offering in certain areas, so that there is a fuller and broader range of material available for purchase,” Ventura said.

“Based on this customer feedback, in 2018 we will be testing the potential to grow our core rough-diamond sales business through making some purchases from third-party sources,” he added.

The diamonds will come from miners which De Beers has carried out due diligence, and will only be a small minority of the goods De Beers offers.

Source: DCLA

De Beers Will Start Auctioning Other Mines Goods

De Beers  will begin auctioning rough diamonds from other mining companies to provide a broader range of goods.

The company will pilot the new program this year, making it easier for customers to buy their entire supply in one place, Neil Ventura, De Beers executive vice president of auction sales, said on Monday.

“One message that’s come through from our recent customer engagements is a desire for us to develop our supply offering in certain areas, so that there is a fuller and broader range of material available for purchase,” Ventura said.

“Based on this customer feedback, in 2018 we will be testing the potential to grow our core rough-diamond sales business through making some purchases from third-party sources,” he added.

The diamonds will come from miners which De Beers has carried out due diligence, and will only be a small minority of the goods De Beers offers.

Source: DCLA

Two 100 carat plus rough diamonds recovered at Lesotho mine

The two Rough diamonds  each weighing more than 100 carats were recovered by Gem Diamonds at the Lesotho mine in southern Africa.

Both rough Diamonds weight 117 carats and 110 carats are D color Type IIa diamonds.

Type IIa diamonds carbon bonds contain little or no nitrogen atoms making them very white and rare. These are the most expensive white diamonds.

Source: DCLA

Two 100 carat plus rough diamonds recovered at Lesotho mine

The two Rough diamonds  each weighing more than 100 carats were recovered by Gem Diamonds at the Lesotho mine in southern Africa.

Both rough Diamonds weight 117 carats and 110 carats are D color Type IIa diamonds.

Type IIa diamonds carbon bonds contain little or no nitrogen atoms making them very white and rare. These are the most expensive white diamonds.

Source: DCLA

Ideal Diamonds

Prefect in every way !

DCLA diamonds are professionally selected to be a cut above the rest.

Ideal Cut Triple Excellent 

Ideal Diamonds

Prefect in every way !

DCLA diamonds are professionally selected to be a cut above the rest.

Ideal Cut Triple Excellent 

$33.8 Million For The 163 Carat Flawless Diamond At Geneva Auction

The largest diamond offered at an auction went under the hammer in Geneva Tuesday setting  a world record for a diamond of its shape. 

The  D colour 11A type flawless diamond was Polished from a 404 carat rough diamond which was recovered in February 2016 in the Lulo mine in Angola.

The 163.41 carat called The Art of Grisogono, sold for $33.8 million, after taxes and commissions, at the Christie’s autumn jewellery auction.

$33.8 Million For The 163 Carat Flawless Diamond At Geneva Auction

The largest diamond offered at an auction went under the hammer in Geneva Tuesday setting  a world record for a diamond of its shape. 

The  D colour 11A type flawless diamond was Polished from a 404 carat rough diamond which was recovered in February 2016 in the Lulo mine in Angola.

The 163.41 carat called The Art of Grisogono, sold for $33.8 million, after taxes and commissions, at the Christie’s autumn jewellery auction.

CIBJO and the IDC Agree

The World Jewellery Confederation (CIBJO) and the International Diamond Council (IDC) have decided to use the same terminology for describing diamonds, making it easier for consumers to understand grading.

CIBJO agreed to make amendments to its Diamond Book — a guide to grading standards and terminology — following requests by the IDC, an organization that works to ensure consistency in grading across the industry. The IDC’s language will now be “harmonized” with that of the Diamond Book, CIBJO said Tuesday.

“The true beneficiaries of this agreement are the diamond consumers, who will now be able to refer to a single set of rules for describing diamonds,” said CIBJO president Gaetano Cavalieri.

The two organizations finalized the agreement at the CIBJO Congress in Bangkok this week. The International Diamond Manufacturers Association (IDMA), one of the IDC’s founding bodies, has also endorsed the new Diamond Book.

IDC http://www.internationaldiamondcouncil.org

Source: diamonds.net

CIBJO and the IDC Agree

The World Jewellery Confederation (CIBJO) and the International Diamond Council (IDC) have decided to use the same terminology for describing diamonds, making it easier for consumers to understand grading.

CIBJO agreed to make amendments to its Diamond Book — a guide to grading standards and terminology — following requests by the IDC, an organization that works to ensure consistency in grading across the industry. The IDC’s language will now be “harmonized” with that of the Diamond Book, CIBJO said Tuesday.

“The true beneficiaries of this agreement are the diamond consumers, who will now be able to refer to a single set of rules for describing diamonds,” said CIBJO president Gaetano Cavalieri.

The two organizations finalized the agreement at the CIBJO Congress in Bangkok this week. The International Diamond Manufacturers Association (IDMA), one of the IDC’s founding bodies, has also endorsed the new Diamond Book.

IDC http://www.internationaldiamondcouncil.org

Source: diamonds.net