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Search Results - Samuel Ord, Diamonds

your search of 'Samuel Ord, Diamonds' has 7 results.

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The Fortune Pink is an 18.18-carat pear-shaped fancy vivid pink diamond that is expected to sell for US$35 million at Christie’s in November. Image: Christie's

News
Fortune Star expected to shine at upcoming auction

A remarkably rare giant pink diamond is set to be auctioned in Geneva in November, commanding a hefty presale estimate of $US35 million ($AU54 million). Read more »
Image source: Anabela Chan

Diamonds
The Perfect Storm: Lab-created diamond jewellery report

With the crisis in Ukraine causing significant issues to the international supply of natural diamonds, the door has been opened for lab-grown diamonds to capture a larger share of the market. SAMUEL ORD investigates the circumstances leading to this opportunity and speaks with retailers about consumer preferences. 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.

News
New blockchain digital provenance platform launched

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

News
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 World Federation of Diamond Bourses (WFDB) is deeply concerned over the loss of life and suffering that is inflicted on so many as a result of the conflict in Ukraine” – WFDB Statement

News
Moscow out of World Federation of Diamond Bourses

The Moscow Diamond Bourse has suspended its membership of the World Federation of Diamond Bourses. Read more »
The key causes for this dip in pricing for rough remains open to investigation. It may indicate a steady flow of non-Russian product being made available to the market as economic sanctions are placed on Alrosa from European and US sources. Source: Alrosa

News
Rough diamond prices dropping

Rough diamond prices have reportedly fallen after months of frenzied purchasing. The diamond industry was considered a surprise winner as the global economy rebounded from the COVID-19 pandemic and in 2021, rough diamond prices rose by more than 20 per cent after copping significant hits in 2019 and 2020. Read more »
Last week, the UK revealed a list of 65 new sanctions put in place against organisations and individuals identified as contributors to Russian military efforts. A list of ten key individuals or businesses were highlighted and second on that list was diamond mining company Alrosa.

News
UK government announces direct sanctions on Alrosa

Russian diamond mining juggernaut Alrosa has been directly sanctioned by the UK government in the latest round of economic sanctions imposed in response to the invasion of Ukraine. Read more »

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