Indian jewellers set dazzling record with ring containing 6,690 diamonds

Two jewellers from India have broken the record of Most diamonds set in one ring, by setting a staggering 6,690 diamonds into an 18 karat rose gold structure, shaped like a lotus flower.

Vishal Agarwal and Khushbu Agarwal, both based in Surat, Gujarat, constructed the ring using a base component and 48 individual diamond encrusted petals.
The lotus ring weighs more than a golf ball, with a total weight of just over 58 grams.

It took six months to design and craft the intricate ring, which has been valued at $4,116,787 USD.

Vishal created the design for the ring, and Khushbu, who owns Hanumant Diamonds, funded and provided the resources for the ambitious project.

The ring was manufactured by Hanumant Diamonds artisans, based in Mahidarpura, Surat.

The lotus ring took the record from Savio Jewellery’s Peacock Ring which earned the record in 2015, with 3,827 cut diamonds.

The idea for Vishal and Khushbu’s creation came from them wanting to raise awareness about importance of water conservation.

They decided to use their work to generate awareness and settled on a lotus flower design because it is the national flower of India, and because it depicts “the beauty growing in the water-world”.

Source:DCLA 

Indian jewellers set dazzling record with ring containing 6,690 diamonds

Two jewellers from India have broken the record of Most diamonds set in one ring, by setting a staggering 6,690 diamonds into an 18 karat rose gold structure, shaped like a lotus flower.

Vishal Agarwal and Khushbu Agarwal, both based in Surat, Gujarat, constructed the ring using a base component and 48 individual diamond encrusted petals.
The lotus ring weighs more than a golf ball, with a total weight of just over 58 grams.

It took six months to design and craft the intricate ring, which has been valued at $4,116,787 USD.

Vishal created the design for the ring, and Khushbu, who owns Hanumant Diamonds, funded and provided the resources for the ambitious project.

The ring was manufactured by Hanumant Diamonds artisans, based in Mahidarpura, Surat.

The lotus ring took the record from Savio Jewellery’s Peacock Ring which earned the record in 2015, with 3,827 cut diamonds.

The idea for Vishal and Khushbu’s creation came from them wanting to raise awareness about importance of water conservation.

They decided to use their work to generate awareness and settled on a lotus flower design because it is the national flower of India, and because it depicts “the beauty growing in the water-world”.

Source:DCLA 

De Beers rough diamond sight grows to $575m

Anglo American’s De Beers the world’s largest rough diamond producer by value, sold $575 million worth of rough diamonds at the fifth sight of this year.

The value is a 6% increase from the $541m sight in the same period last year and 3.7% higher than the $554m sight last month.

De Beers has increased efforts in recent months to find a way to verify the source of diamonds and ensure they are not from conflict area where rough diamonds may have been used to finance violence.

Last month De beers announced it would start selling jewellery made with laboratory grown diamonds.

Source: DCLA

De Beers rough diamond sight grows to $575m

Anglo American’s De Beers the world’s largest rough diamond producer by value, sold $575 million worth of rough diamonds at the fifth sight of this year.

The value is a 6% increase from the $541m sight in the same period last year and 3.7% higher than the $554m sight last month.

De Beers has increased efforts in recent months to find a way to verify the source of diamonds and ensure they are not from conflict area where rough diamonds may have been used to finance violence.

Last month De beers announced it would start selling jewellery made with laboratory grown diamonds.

Source: DCLA

CNN not worth watching

CNN not worth watching

CAR Welcomes Progress Made At KP Intersessional Meeting

During the Intersessional Meeting of the Kimberley Process which took place from 18 to 22 June in Antwerp, the Central African Republic made substantial progress with the European Union Chair Hilde Hardeman and South Africa, Chair of the Working Group of the Monitoring Team, the CAR said in a statement. 

Notably, the Monitoring Team of the Central African Republic has agreed on shorter clearance deadlines for the export of diamonds. The approval procedures in the CAR must now be concluded within 7 days while still securing compliance with the Kimberley Process.

Sipho Manese, Chair of the Working Group of the Monitoring Team, declared at the closing ceremony of the intersessional meeting: “We are happy to announce that thanks to the expertise of the CAR Monitoring Team and all of its members, we have been able to agree on procedures for the processing of shipments which will only take place over a period of 7 days. […] We were therefore successful in cutting down the clearance time from 2 weeks to 7 days.”

Manese further noted that all parties involved will have to strictly adhere to these procedures.
Leopold Mboli Fatran, CAR Minister of Mines and Geology attended the meeting as a representative of the sector for his country and said “I am very satisfied with the progress made at the intersessional meeting. The discussions were very fruitful and so were the solutions agreed upon.” The Minister added that “2018 is a crucial year for the Kimberley Process and for the Central African Republic as the country is at a deciding stage in the reform of its diamond sector.” 

The CAR Delegation was reinforced by the presence of Peter Meeus, special advisor to the President and to the Minister of Geology and Mines, whose mandate is to assure proper due diligence processes within the CAR mining sector. This mandate was conferred to him with a presidential decree dated June 2, 2018. 

The Minister of Mines and Geology also indicated his willingness to host an Expert Mission in the CAR so that the controls that have been put in place in the country in compliance with the Kimberley Process can be properly assessed.

The Central African Republic will continue to improve compliance with the Kimberley Process in close collaboration with the EU KP Chair, South Africa who leads the Monitoring Working Group as well as with the United States which leads the CAR Monitoring Team.

Source:DCLA