Hatton Garden Safe Deposit robbed

According to the police, robbers used heavy cutting equipment to break into the vault at Hatton Garden. 

The vault founded in 1954 is in use by almost 300 diamond and gold dealers and more than 50 stores.

Read more: DCLA

Tiffany & Co launches CT60 watch line

 

Swiss made CT60 collection is a tribute to founder Charles Lewis Tiffany.

The traditional Tiffany design fused with modern high tech watchmaking includes men’s and women collection in stainless steel or gold.

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How often do you see an orange diamond?

The Australian Financial Review | Magazine | April Issue 2015

A sparkle of what's to come in Shapiro's forthcoming Fine Jewellery and Luxury Design Auction on Tuesday 19 May 6pm.
Catalogue available online two weeks prior to auction date.

De Beers’s diamond grading and inscription facility opened in Surat

The major investment in Surat facility reflects a world class diamond cutting and polishing centre characterised by skill, innovation and the effective use of technology.

De Beers the world's leading diamond company is considering a diamond auction centre in India.

Read more: DCLA

Zim recovers seized diamonds

Diamonds seized during an tender at the Antwerp World Diamond Centre (AWDC) last year, have been recovered by Zimbabwe.

A South African company Amari secured a temporary freeze the proceeds from the tender claiming ownership by the Zimbabwe Mining Development Corporation.

In a notice yesterday, the ruling has now made it through the appeals process and has been implemented in full. AWDC said the final installment of 500 000 carats of seized diamonds worth a little under $29 million will be returned to Zimbabwe ending the dispute.

Tough rules for De Beers diamond customers

 

Biggest reforms in a decade from De Beers’s over concerns of the financial stability and transparency of their sightholders.
 
The world’s largest supplier by value is changing the deal, introducing tougher rules for companies wanting to join its coveted group of sightholders.

Read more: DCLA

Rare Orange diamond to showcase at Shapiro Auctioneers

Orange / yellow Orange one of the rarest colours found in natural diamond. 
 

In 2014 a spectacular orange fancy vivid pear shape diamond mined in South Africa, weighing 14.82 carats was auctioned for a record price of $2.39 million per carat or $35.54m for the diamond. Setting a new record price per carat for any fancy colour. 

The 1.03 ct Intense Fancy yellow Orange Round brilliant is made rarer because of the combination of the size, shape, colour and clarity. 

Shapiro’s Auctioneers will auction the diamond at the May 13 Jewellery sale.

Source: Fairfax Media Publications FR