Monday 9 July 2018

Alrosa Finds Diamond Shaped Like Soccer Ball



Alrosa has unearthed a rough diamond bearing an uncanny resemblance to a soccer ball, and with flawless timing: bang in the middle of the World Cup taking place in Russia.

The miner discovered the 0.50 carat stone at its Karpinskaya 1 pipe in the Arkhangelsky region last Wednesday, three days before the Russian national soccer team’s quarterfinal against Croatia. Alrosa CEO Sergey Ivanov said he hoped it was a good omen ahead of the game, though it didn’t work: Russia lost in a penalty shoot-out and exited the tournament.

“Nature creates a lot of different shapes, sometimes unexpected, but it is the first time we see something looking like a football,” a spokesperson for the Russian miner told Rapaport News Sunday.

The producer will name the diamond after Igor Akinfeev, Russia’s goalkeeper.

Alrosa, one of the World Cup’s sponsors, has made the most of the marketing opportunity, releasing a collection of 32 round, 0.3 carat polished diamonds in honor of the sports event one for each of the countries taking part in the tournament. It also launched a competition for fans to choose a soccer-related name for a 76.53 carat rough stone. However, none of those diamonds had the distinction of actually looking like a soccer ball.


Image: Alrosa

Source: DCLA

Alrosa Finds Diamond Shaped Like Soccer Ball



Alrosa has unearthed a rough diamond bearing an uncanny resemblance to a soccer ball, and with flawless timing: bang in the middle of the World Cup taking place in Russia.

The miner discovered the 0.50 carat stone at its Karpinskaya 1 pipe in the Arkhangelsky region last Wednesday, three days before the Russian national soccer team’s quarterfinal against Croatia. Alrosa CEO Sergey Ivanov said he hoped it was a good omen ahead of the game, though it didn’t work: Russia lost in a penalty shoot-out and exited the tournament.

“Nature creates a lot of different shapes, sometimes unexpected, but it is the first time we see something looking like a football,” a spokesperson for the Russian miner told Rapaport News Sunday.

The producer will name the diamond after Igor Akinfeev, Russia’s goalkeeper.

Alrosa, one of the World Cup’s sponsors, has made the most of the marketing opportunity, releasing a collection of 32 round, 0.3 carat polished diamonds in honor of the sports event one for each of the countries taking part in the tournament. It also launched a competition for fans to choose a soccer-related name for a 76.53 carat rough stone. However, none of those diamonds had the distinction of actually looking like a soccer ball.


Image: Alrosa

Source: DCLA

Wednesday 4 July 2018

Sierra Leone Recovers 144 Carat Rough Diamond



A company in Sierra Leone has obtained and exported a 144.12 carat rough diamond worth at least $600,000, authorities in the west African nation said Tuesday.

The NMA carried out a valuation process based on estimates from three parties, in line with the Kimberley Process Certification Scheme.

The NMA valued the stone at $648,540, while the diamond’s owner said it was worth $601,701. A third, independent appraiser put the price at $659,925, the NMA said.

A licensed diamond exporter brought the stone to the precious minerals trading department of the National Minerals Agency last week for valuation, the and the Ministry of Mines and Mineral Resources reported.

The NMA uses the highest of the three figures to calculate the taxes and 15% royalty due to the government, meaning the exporter paid $98,989 as royalty, the agency said. The company then received the Kimberley Process certificate to export the stone. The government did not provide details on where or how the diamond was recovered.

Source: DCLA

Sierra Leone Recovers 144 Carat Rough Diamond



A company in Sierra Leone has obtained and exported a 144.12 carat rough diamond worth at least $600,000, authorities in the west African nation said Tuesday.

The NMA carried out a valuation process based on estimates from three parties, in line with the Kimberley Process Certification Scheme.

The NMA valued the stone at $648,540, while the diamond’s owner said it was worth $601,701. A third, independent appraiser put the price at $659,925, the NMA said.

A licensed diamond exporter brought the stone to the precious minerals trading department of the National Minerals Agency last week for valuation, the and the Ministry of Mines and Mineral Resources reported.

The NMA uses the highest of the three figures to calculate the taxes and 15% royalty due to the government, meaning the exporter paid $98,989 as royalty, the agency said. The company then received the Kimberley Process certificate to export the stone. The government did not provide details on where or how the diamond was recovered.

Source: DCLA

Tuesday 3 July 2018

95 carat diamond is company’s record sale



Mountain Province Diamonds sold the 95 carat rough diamond but declined to release the sale price.

Zimnisky estimates the 95 carat diamond value at US $2.5 to $3 million dollars. He based this estimate on the selling prices for similar diamonds.

The rough diamond sold for three times the previous highest price it’s ever gotten for a single gem.

The 95 carat diamond was recovered at the Gahcho Kue mine in May, which is located 280 kilometres northeast of Yellowknife.
 
Source: DCLA

95 carat diamond is company’s record sale



Mountain Province Diamonds sold the 95 carat rough diamond but declined to release the sale price.

Zimnisky estimates the 95 carat diamond value at US $2.5 to $3 million dollars. He based this estimate on the selling prices for similar diamonds.

The rough diamond sold for three times the previous highest price it’s ever gotten for a single gem.

The 95 carat diamond was recovered at the Gahcho Kue mine in May, which is located 280 kilometres northeast of Yellowknife.
 
Source: DCLA

Monday 2 July 2018

Floyd Mayweather bought an $18 million watch



Floyd Mayweather retired boxer broke numerous pay per view records during his fighting days.

He is said to have made a over billion dollars in prize money, according to Forbes.

The boxer is renowned for extravagant purchase, so breaking that billion dollar barrier may have been the inspiration behind his latest purchase.

A $US18 million dollar watch known as The Billionare created by jeweller Jacob&Co.

The watch which is made of 18k white gold is set with 1.5 carat diamonds,  total weight 260 carats.

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...