The final payments from the De Beers class action settlement should be made in the coming weeks, with the case – beginning more than 10 years ago – expected to close by the end of 2013.
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Jewellery sales at auction houses Christie’s and Sotheby’s have continued to break records as buyers are prepared to pay top prices to own must-have items.
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Locally-based diamond experts are convinced that China’s new-found obsession with diamonds, combined with a burgeoning middle class, are forcing up prices globally.
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Police have arrested 17 people as well as recovered diamonds and cash in connection with the daring $50 million diamonds heist that occurred at Brussels airport earlier this year.
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US-based Gemesis Diamond Company claims that is has produced the largest and whitest lab-created diamond – weighing 1.29 carats – in the world.
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Enrolments are now open for two of the Gemmological Association of Australia’s (GAA) diamond courses.
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Dominion Diamond Corporation (formerly Harry Winston Diamond Corp) has completed the purchase of Ekati mine, meaning it now officially owns an 80 per cent stake in the Canadian diamond deposit.
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A D-colour flawless diamond has made history by setting a new per-carat auction record for a round white diamond.
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De Beers Group has released the company names of its five new sightholders, four of which are based in Mumbai, India.
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The technology for lab-created diamonds has officially arrived – heralded by companies like Gemesis Diamond Company – and although presenting new opportunities for the jewellery industry, it also raises a number of ethical and control issues.
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Harry Winston Diamond Corporation has announced that the sale of its luxury brand diamond jewellery and timepiece division to the Swatch Group has been cleared to proceed.
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De Beers Group has announced the addition of five new sightholders, taking the total number globally to 82.
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