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Search Results - Diamonds

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For every 500 or more pink diamonds unearthed, only one would emerge as violet. And of all the violets discovered, less than five per cent are considered fully-saturated violets, and classified as BL3, the deepest violet classification.

Diamonds
All about Argyle Violet Diamonds: One of Earth’s rarest gifts

Rarest of rare, Argyle violet diamonds stand out from the rest of Argyle's colour diamonds, including the highly coveted pink diamond. But just what is it that makes it one of Earth’s most beautiful gifts? Explore everything there is to know about the Argyle violet. Read more »
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 »
India’s GST Council approved the increase from 0.25 per cent to 1.5 per cent.

News
India takes action on diamond industry

The Indian government has announced an increase in its Goods and Services Tax (GST) on cut and polished diamonds in an effort to cushion the impact of accumulating tax credits in the diamond industry. Read more »
In 2020, IBDH also unearthed unique yellow diamonds with a rare purple fluorescence in the same area. Source: IBDH

News
Possible new colour diamonds discovery at Ellendale mine

India Bore Diamond Holdings (IBDH), one of two Australian companies currently operating at the Ellendale site in Western Australia – has confirmed two separate layers of diamondiferous gravel deposits at its site. 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 »
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.

News
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 »

News
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 »

News
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 »

News
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

News
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 »

News
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

News
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

News
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.

News
New blockchain digital provenance platform launched

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

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