Sotheby’s launches new sales in Paris

The sale on October will present evening bag

Sotheby’s announces a new sale dedicated to Jewellery and Watches in Paris this autumn. This new date in the auction calendar, entitled Joaillerie Paris, will coincide with a double-anniversary this year for Sotheby’s in France: the auction house’s 50 years on French soil, and 20 years in the historic Galerie Charpentier.

To mark the occasion, we will present Jewels and Watches from the late 19th and 20th century, alongside a small selection of contemporary creations, thus combining the emblematic with the original. Among the designs on offer will be pieces by France’s most illustrious jewellery houses such as Boucheron, Boivin, Cartier, M. Gérard, Sterlé, Van Cleef & Arpels and Chaumet, including jewels set with important diamonds, Kashmir sapphires and Burmese rubies.

Cabinet approves amendment to NID Act

Institutions of National Importance declared!

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval for introduction of Bill in Parliament for amendment of NID Act, 2014 to include the four new National Institutes of Design (NID) viz. National Institute of Design, Amaravati/Vijayawada, Andhra Pradesh; National Institute of Design, Bhopal, Madhya Pradesh; National Institute of Design, Jorhat, Assam and National Institute of Design, Kurukshetra, Haryana within the ambit of the National Institute of Design Act, 2014 and to declare them as Institutions of National Importance (INIs) at par with the National Institute of Design, Ahmedabad.

Alrosa to auction True Colours!

True Colours auction scheduled for 19^th

Alrosa scheduled True Colours auction!

Alrosa has launched the first

True Colours auction of large coloured diamonds

Alrosa, the largest diamond mining company in the world, presented the first of its kind collection of large coloured diamonds at the Hong Kong Jewelry & Gem Fair. This is a stepping stone of a new strategy, executed by Alrosa to become the world leader in the production of coloured polished diamonds.

"Alrosa polished branch now focuses on the processing of large and coloured diamonds and the subsequent sales. We are the world's largest producer of diamonds, and that gives reason to believe that we are also ahead in terms of coloured rough diamond production.

De Beers acquires peregrine diamonds

De Beers Group completes acquisition of peregrine

De Beers purse peregrine completely

Strengthens global resource portfolio and supports production potential

De Beers Group announces the completion of the previously announced Plan of Arrangement pursuant to which De Beers Canada has acquired all of the outstanding securities of Peregrine Diamonds Ltd at a purchase price of C$0.24 per share, for a total cash consideration of C$107 million. The acquisition includes the high quality Chidliak diamond resource located in Canada’s Nunavut Territory and other properties elsewhere in Nunavut and the Northwest Territories.

A new DPA member, RZ Murowa

The Diamond Producers Association (DPA) has announced that RZ Murowa Holdings Ltd, majority owner and operator of Murowa Diamonds Private Ltd (Murowa Diamonds), has joined the DPA, effective 1 July. 

Murowa Diamonds operates the Murowa mine in Zimbabwe, which was purchased from Rio Tinto in 2015 and expanded significantly under its new leadership. Manit M. Shah, Chief Operating Officer of Murowa Diamonds, will join the Board of Directors of the DPA in September 2018. Mr. Shah has considerable experience driving business performance and managing international operations.

Diamcor realizes US$278.76 per carat!

Diamcor bags US$278.76 per carat!

Diamcor earns US$278.76 per carat!

Diamcor Mining Inc. (TSX-V.DMI / OTCQB-DMIFF), (the “Company”) is pleased to announce the results of the tender and sale of the previously announced rough diamonds recovered as part of initial resumed processing exercises performed following the recent screening modifications at the Company’s Krone-Endora at Venetia Project (the “Project”).  The Company sold a total of 2,606.50 carats of rough diamonds for gross proceeds of USD $726,588, resulting in an average price of USD $278.76 per carat. Included in the rough diamonds tendered and sold were three individual gem quality diamonds’ in the special (+10.8 carats) category including one high quality 18.44 carat gem octahedron, and two gem quality diamonds weighing 18.57 and 14.70 carats respectively. These special diamonds sold for gross proceeds of USD $195,810, or USD $3786.70 per carat. Net of these special category rough diamonds, the balance of the rough diamonds tendered and sold achieved an average price of USD$207.76 per carat.   

Priyanka Chopra and Gigi Hadid Wearing Necklaces from Born Brand in NY City

Priyanka Chopra and Gigi Hadid looked stunning in Platinum necklaces from the newly launched “Platinum Born” brand while out in New York City on September 4th and 5th.

Priyanka Chopra at the US 2018 US Open Tennis Championships on September 4th

Style: Platinum Born’s Star Light necklace,

Description: This platinum necklace is assembled by hand and features the delicate beauty of petal-like chains. It can be worn as a 3-strand layered look (as Priyanka Chopra is wearing it) or as a double stranded, longer necklace.

Exim Bank to research on Blockchain

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) on Collaborative Research on Distributed Ledger and Block chain Technology in the context of Development of digital economy by Export-Import Bank of India (Exim Bank) with the participating member banks, under the BRICS Interbank Cooperation Mechanism namely Banco Nacional de DesenvolvimentoEconomico e Social (BNDES, of Brazil), China Development Bank (CDB), State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank, of Russia) and Development Bank of Southern Africa (DBSA).

GJEPC with India Pavilion rocks over September HK Fair!

94 leading gem & jewellery manufacturers showcase from India;

GJEPC unveils the International Corporate Campaign at the show

India Pavilion at the September Hong Kong Jewellery & Gem Fair is being represented by 94 leading Indian manufacturers/exhibitors showcasing their strength and skill in manufacturing world class gems and jewellery. Hong Kong has been the largest export market for the Indian Gem & Jewellery industry, and this platform has provided the requisite opportunity to take its exports further over the years.

Location for the Diamond and Gemstones sections of the India Pavilion is at Hall no. 11 and 10 respectively at the AsiaWorld-Expo from 12th-16th September; and Jewellery section will be at Hall 3E at Hong Kong Convention & Exhibition Centre (HKCEC) from 14th- 18th September 2018.

Focus Gen Z & Millennials! De Beers publishes The Diamond Insight Report 2018!

Gen Z and Millennials now account for two-thirds of

Global diamond jewellery demands as sales reach record high

Millennials already represent majority of

Global demand while Gen Z is set to be even bigger

The Millennial and Gen Z generations combined accounted for two-thirds of global diamond jewellery sales in 2017, as diamond jewellery demand reached a new record high of US$82 billion, according to data published today by De Beers Group in its latest Diamond Insight Report.