Tuesday 28 November 2017

The Pink Promise Has Sold For Nearly $32 Million




Christie’s Magnificent Jewels auction was held on November 28th in Hong Kong.

The Stand out diamond was the incredibly rare 14.93 carat Fancy Vivid  Pink Diamond with a VVS1 Clarity.

The Vivid Pink Diamond described by Christie’s as the “Picasso of the Pink Diamond world,” sold for an incredible $31,861,000  approximately $2.13 million per carat.

Only one in every Thousand diamonds mined is classified as Fancy Colour.

The Pink Promise Diamond is Fancy Vivid which is the highest possible colour grade for Fancy Colour Diamond.

Source: DCLA

The Pink Promise Has Sold For Nearly $32 Million




Christie’s Magnificent Jewels auction was held on November 28th in Hong Kong.

The Stand out diamond was the incredibly rare 14.93 carat Fancy Vivid  Pink Diamond with a VVS1 Clarity.

The Vivid Pink Diamond described by Christie’s as the “Picasso of the Pink Diamond world,” sold for an incredible $31,861,000  approximately $2.13 million per carat.

Only one in every Thousand diamonds mined is classified as Fancy Colour.

The Pink Promise Diamond is Fancy Vivid which is the highest possible colour grade for Fancy Colour Diamond.

Source: DCLA

Monday 27 November 2017

Prince Harry Designs Meghan Markle’s Engagement Ring




Prince Harry and Meghan Markle confirmed after 16 months of dating that they are engaged to be married.

Set in yellow gold the three stones diamond ring features the central stone from Botswana Southern Africa, a country Prince Harry has visited many times over his life, and where Prince Harry and Meghan Markle have spent time together.

The two side stones come from the personal collection of the Prince’s late mother Diana Princess of Wales.

Source: DCLA 

Prince Harry Designs Meghan Markle’s Engagement Ring




Prince Harry and Meghan Markle confirmed after 16 months of dating that they are engaged to be married.

Set in yellow gold the three stones diamond ring features the central stone from Botswana Southern Africa, a country Prince Harry has visited many times over his life, and where Prince Harry and Meghan Markle have spent time together.

The two side stones come from the personal collection of the Prince’s late mother Diana Princess of Wales.

Source: DCLA 

Thursday 23 November 2017

Letšeng Finds Seventh Big Diamond of the Year




Diamond Miner Gem Diamonds has found a 202 carat rough diamond at its  Letšeng mine in Lesotho, Sothern Africa. The rough diamond is the latest of seven recovered over 100 carats this year. 

The D colour type IIa diamond was recovered when they mine switched to the higher grade K6 section of the main pipe earlier this year.

The Letšeng mine is one of the highest diamond deposits by value in the world with the an average price of $2,397 per carat for the July tender.

Source: DCLA 

Letšeng Finds Seventh Big Diamond of the Year




Diamond Miner Gem Diamonds has found a 202 carat rough diamond at its  Letšeng mine in Lesotho, Sothern Africa. The rough diamond is the latest of seven recovered over 100 carats this year. 

The D colour type IIa diamond was recovered when they mine switched to the higher grade K6 section of the main pipe earlier this year.

The Letšeng mine is one of the highest diamond deposits by value in the world with the an average price of $2,397 per carat for the July tender.

Source: DCLA 

Wednesday 22 November 2017

Debmarine Splashes $142M on Diamond Ship


De Beers is planning to add the world’s largest custom built diamond mining vessel to its fleet at a cost of $142 million.
The ship will be the sixth belonging to Debmarine Namibia, a 50/50 joint venture between the miner and the Republic of Namibia, De Beers said Tuesday. Expected to begin operations in 2021, it will enhance the company’s ability to recover diamonds off the southern African country’s Atlantic coast, the rough producer added.
“There is a great amount of potential in Namibia’s marine diamond deposits, and this new vessel will support our strategy to continue to grow our offshore operations,” said De Beers CEO Bruce Cleaver.
Earlier this year, De Beers launched the MV SS Nujoma, the world’s largest diamond sampling and exploration vessel. Acquiring the new ship will help the company capitalize on that vessel’s work, and support the long-term future of Namibia’s diamond sector, Cleaver added.
Kleven Verft, a Norwegian ship-building company that constructed the Nujoma, will also build the new vessel, and has signed a memorandum of understanding with De Beers.

Source: DCLA 

Petra Sales Up, Prices Down

Petra Diamonds Operations Petra Diamonds reported increased sales for FY 2024, despite weak market conditions. The UK based miner said it ha...