latest industry news

The famous blue Wittelsbach-Graff diamond sold at a Christie's auction a year ago in London for a record $24.3 million is to go on display at the Smithsonian's National Museum of Natural History in Washington DC for seven months during 2010. The 31.06-carat diamond, bought by London jeweler Laurence...

Continued robustness in the natural fancy color diamond market especially at the upper end. Record auction prices for fancy colored diamonds have continued to be broken over the last two months. At last month’s Sotheby’s Magnificent Jewels sale in Hong Kong an 8.74 carat fancy intense ...

November 30, 2009   American movie and pop stars and celebrities have long been known for their love of diamond jewellery, but America's First Lady Michelle Obama wore rose cut diamond earrings to give a little extra sparkle President Barack Obama's first state dinner.     Held in ...

November 30, 2009   A British designer has produced the world's most expensive iPhone – set with close to 200 diamonds and with a price tag of £1.92 million ($3.2 million).     Designer Stuart Hughes made the casing of the exclusive Iphone 3GS Supreme using 271 grams of ...

Hong Kong: A rare, 5-carat pink diamond was auctioned off for a record $10.8 million in Hong Kong on Tuesday, putting some shine back into the world's rare and large stones market which was badly hit by the financial crisis.   The stone, of a "vivid pink" hue and considered near ...

 Article in "Jewels and Watches"  - autumn 2009

November 29, 2009   Petra Diamonds said it has sold a 168-carat special white diamond recently recovered at the world-famous Cullinan mine in South Africa for $6.28 million, or around $37,400 per carat.     This diamond was described as being of exceptional colour and quality, and was...

 November 30, 2009   Diamond miner Petra Diamonds may receive $31 million from the sale of the chicken-egg-sized diamond it discovered at its Cullinan mine in September, according to a financial analyst at BMO Capital Markets.     The 507.6-carat stone, the size of a medium ...