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GIA’s Shigley Gets AGS Lifetime Achievement Award

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The American Gem Society (AGS) has conferred GIA distinguished research fellow James Shigley with its 2017 Lifetime Achievement Award. Shigley’s significant contributions to the industry were honoured at the organisation’s annual Circle of Distinction dinner held on July 25 in New York City. Introducing Shigley, John A. Green, president and CEO of Lux Bond & […]

Largest Fancy Red Ever In Argyle Pink Diamond Tender

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Rio Tinto has unveiled the largest fancy red diamond in the history of its Argyle Pink Diamonds Tender, during a world exclusive preview in New York. The 2.11-carat polished radiant cut diamond, known as The Argyle Everglow, is the dazzling centrepiece of the 2017 Argyle Pink Diamonds Tender — an annual showcase of the rarest […]

Dubai To Host World Diamond Council AGM In October

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The World Diamond Council (WDC) will hold its 13th Annual General Meeting (AGM) in Dubai, United Arab Emirates, from October 15 to 17. The meeting will be hosted by the Dubai Multi Commodities Centre (DMCC). Among the items to be discussed are industry recommendations for the Kimberley Process Certification Scheme (KPCS) review cycle and a […]

Bonhams To Auction Andrew Grima Collection In September

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Bonhams has announced that it will auction the largest private collection of jewels by Andrew Grima ever to go under the hammer this September. Charismatic Anglo-Italian jeweller Andrew Grima was counted among the 20th century’s most daring and imaginative designers. He was the go-to society jeweller for royals, celebrities, socialites and artists throughout the ‘swinging […]

Two Indians Attempting To Steal Sarine Tech Secrets Held In Tel Aviv

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Diamond processing technology provider Sarine Technologies Ltd issued a statement saying two Indian nationals have been arrested in Tel Aviv on suspicion of attempting to illegally obtain Sarine’s confidential intellectual property. According to Sarine, a couple of months ago, its employees reported to company management that they had been approached by a third party offering […]

De Beers Q2 Production +36% To 8.7M Carats; H1 +21% To 16.1M Carats

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De Beers reported that in a year-on-year comparison, Diamond production increased 36 per cent in the second quarter of this year to 8.7 million carats. The increase is in line with higher production forecast for 2017 and reflecting stable trading conditions as well as the contribution from the ramp-up of Gahcho Kué in Canada, the […]

ALROSA Recovers 75-Carat & 110-Carat Rough Diamonds In Yakutia

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Russian state-controlled Diamond miner ALROSA said it had recovered two large rough diamonds — a 75-carat stone on July 16 at its Aikhal mine and a 110-carat one on July 18 at its Mirny mine, both in the Yakutia region. Preliminary estimates indicate that both rough diamonds are gem-quality. They are octahedron crystals with small […]

Argyle H1 Rough Diamond Output Drops While Diavik Rises

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Rio Tinto reported a production of 3.2 million carats from its Argyle mine in Australia for the second quarter of this year. This is an eight percent drop from the second quarter production in 2016. The share of production from the Diavik mine in Canada, in which Rio Tinto holds a 60 percent stake, was […]

India Will Become Second Largest Market For Forevermark This Year

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India is expected to elbow the US aside this year to become the second largest market after China for De Beers brand Forevermark, according to the brand’s chief executive Stephen Lussier. Currently, China accounts for 50 per cent of sales, with the US and India accounting for 15 percent each. This year, however, India’s share […]

Virginia Drosos Appointed Signet CEO As Mark Light Departs

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Signet Jewelers Limited, which has recently been dogged by controversy over sexual harassment discrimination accusations by employees of its Sterling Jewelers brand, announced that its board of directors has appointed Virginia “Gina” Drosos, who has served as an independent director on the board since 2012, as the new Chief Executive Officer effective August 1. The […]

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