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Search Results - Diamonds

your search of 'Diamonds' has 289 results.

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The diamond grading process will use QR codes instead of printed certificates, accessible via the institute’s Report Check portal by scanning the code or by inputting the assigned inscription number.

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GIA adopts new method of diamond certification

The Gemological Institute of America (GIA) has announced it will soon issue digital grading reports instead of paper certification and launch an AI-based diamond inscription matching service. Read more »

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Star Diamond finds abundant rare diamonds in Canadian mine

Canadian mining and natural resource company Star Diamond has discovered an “exceptionally high proportion” of rare Type IIa diamonds from samples taken from its Fort a la Corne drilling site located in central Saskatchewan. Read more »

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Man-made diamonds expected to fill current supply gap

As the prevailing sanctions on Russian diamonds continue to worsen the global supply gap, Botswana’s mining and energy minister sees the situation rife for man-made diamonds to fill the void. Read more »

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India sets eyes on strengthening lab-grown diamond share

The proposal to include lab-created diamonds in India’s production-linked incentives scheme looks more likely to succeed after receiving support from Commerce and Industry Minister Piyush Goyal.
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De Beers uncertain to meet rough demand while diamond shortage worsens

As the price of rough diamonds continues to increase due to an existing supply shortage further amplified by the ongoing sanctions on Alrosa, mining giant De Beers is uncertain it can meet the increasing market demand. Read more »
Diamond polishing factory in Surat. Source: Idexonline.com

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Diamond supply worsens as Indian factories close

The disruption to the supply of rough diamonds caused by the ongoing sanctions against Russian mining giant Alrosa has led to much shorter workweeks and the closure of several cut and polish factories in India. Read more »

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Richemont sees all-time high annual sales performance

Swiss luxury goods company Richemont has reported a record “all-time high” full-year sales performance ending 31 March, marked by the progressive easing of COVID-19-related health restrictions in key markets worldwide. Read more »
The Juno

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Legendary 100-carats diamonds highlight Sotheby’s auction

Two notable diamonds each weighing more than 100-carats will take centre stage during the Sotheby’s Magnificent Jewels tender on 16 June. Read more »
The ongoing economic sanctions against Russian mining company Alrosa, installed by the US, EU and UK, has led to a significant shortage of rough diamond product in India. Source: Shreenathji Exports

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Russian sanctions impact Indian diamond workers

An estimated 250,000 members of India’s diamond cutting and polishing industry have been placed on unpaid leave for two weeks. Read more »
De Beers' Tracr aims to offer improved trust in diamond provenance for consumers and traders, and will also be used to identify potential inefficiencies within the value chain.

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New blockchain digital provenance platform launched

De Beers Group has launched a blockchain-backed diamond sourcing platform. Read more »

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Diamond industry at a strange and extraordinary crossroad

Russia’s status as a leader in the jewellery industry has been one of the most talked about issues of 2022 in the wake of the invasion of Ukraine in February. ROBERT BOUQUET provides an update on the current trading environment. Read more »
The world’s largest blue diamond, the De Beers Cullinan Blue, has been sold at auction for $US57.47 million ($AU80.96 million) at Sotheby’s in Hong Kong. Source: De Beers

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World’s largest blue diamond falls short of record at auction

The world’s largest blue diamond, the De Beers Cullinan Blue, has been sold at auction for $US57.47 million ($AU80.96 million) at Sotheby’s in Hong Kong. Read more »
The Fuchsia Rose is an 8.82-carat fancy intense purple-pink pearl shaped diamond that sold for US$6.78 million. Image: Christie's

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Colour diamonds shine at Christie’s; pink diamond fetches $6.7 million

Colour diamonds dominated the Christie’s New York ‘Magnificent Jewels’ auction last week, led by the 8.8-carat pink diamond dubbed ‘The Fuchsia Rose’ which was sold for $US6.7 million ($AU9.1 million). Read more »
The stone – a fancy yellow cushion-shaped diamond – is considered one of the largest in the world, was mined in 1901 by DeBeers in South Africa and originally weighed around 375 carats.

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Red Cross Diamond hoped to fetch $10.7 million at auction

The 205-carat fancy yellow diamond dubbed the “Red Cross Diamond” will be auctioned next month, and is expected to fetch around $US10.7 million ($AUD14.41 million). Read more »
The new sanctions directive also covers companies owned by international conglomerates directly importing rough and polished diamonds from Russia that were previously not explicitly covered by the sanctions by the US issued in March.

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US imposes crippling sanctions on Alrosa; congress asks to close loopholes

In what could be a significant blow to Russia, the US has designated state-run mining company Alrosa in its Specially Designated Nationals (SDN) roster, which increases sanctions that carry substantial economic impacts on Russian companies. Read more »

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