latest industry news

(Rapaport) Luxury jeweler Mouawad is showcasing its L'Incomparable Diamond necklace from March 22 to April 6 at its boutique in the Dubai Mall. The Guinness World Records in London told Rapaport News that this piece was recorded as the ''Most Valuable Necklace'' in the world on January 9 and ...

(IDEX Online News) – The engagement ring Napoleon Bonaparte gave to Josephine de Beauharnais sold at auction for €730,000 ($935,000), far exceeding the original €15,000 estimate. The gold ring is set with pear shape diamond and sapphire, each weighing about 1 carat. The purchase...

(Rapaport) The closing day of the March 17 to 20 U.S./International Diamond Week at the Israel Diamond Exchange (IDE) ended with an exceptionally well-attended auction of spectacular white and colored diamonds and gemstone jewelry by Tzoffey's 1818. Reportedly, more than 30 lots were sold. IDE'...

(Rapaport) Graff Diamonds unveiled a unique diamond peacock brooch at the TEFAF luxury art and antiques fair being held in Maastricht, The Netherlands. The brooch, which has a total carat weight of 120.81 is valued at $100 million, measures a little more than 10 centimeters in height and ...

(Rare Investment Report) Mining conglomerate Rio Tinto announced in early February that it was initiating cost-cutting measures to shore up profitability for its shareholders. Rio Tinto, parent company of the Argyle Mine, is determined to exit the Diamond industry, reducing expenses by US$5 ...

(Rapaport) Skinner Inc. garnered more than $2.5 million from a fine jewelry auction on March 12 in Boston. The auction's cover lot, an early 20th century fine Edwardian carved agate and enamel pendulette by Cartier smashed its presale estimate high of $20,000 to sell for $174,000. The clock ...

(IDEX Online News) – The big finds keep coming for Lucara Diamond Corp. The latest notable discovery is a 239.2-carat diamond from the Karowe Mine in Botswana. In addition, two more large stones weighing 124 carats and 71.1 carats have also been recovered. The diamonds will be sent to ...

(IDEX Online News) – A 101.73-carats D Flawless diamond will be on the auction block this May. The rare diamond was polished from a 236 carats rough diamond mined at De Beers' Jwaneng mine in Botswana. The exceptionally rare pear-shaped diamond is a Type IIa, making it an even rarer. ...

(Rapaport) Press Release: In mid-March, trusted information on gems and jewelry will be available in a content rich format with the re-launch of the Gemological Institute of America's (GIA) website and through the introduction of a revised format for its global-standard gem grading and ...