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World Diamond News
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Diamond News
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by Diamond News Agency
Exporters of diamonds and other gems watched with delight as the United States announced the election of Barack Obama as its 44th President. |
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by Diamond News Agency
The name Pink Panthers conjure up images of an inept inspector and a suave Peter Sellers and this time the meaning behind the nickname is no different: diamond thievery.
It all started seven years ago with a jar of face cream. Milan Jovetic was part of the group that robbed the Graff store on New Bond Street, London of $30 million worth of diamonds. The Scotland Yard found a $1 million diamond ring hidden in his girlfriend's face-cream jar, the same hiding place used by the thief in the 1963 movie The Pink Panther.
British newspapers called them The Pink Panthers , as the Interpol went after more robberies.
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by Diamond News Agency
On Thursday, a New York City Diamond Broker was robbed of $500,000 worth of diamonds in North Dallas. The broker, a 28 year-old employee of Trapz, LLC, had just gotten into his car when the thieves approached. |
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by Diamond News Agency
Federal prosecutors discovered a scam in which DC tax office manager Harriette Walters created fake property tax refund checks that were cashed by friends and at least one co-worker. Evidence was uncovered that showed the embezzlement was ongoing, and wen |
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by Diamond News Agency
GemEx, a Wisconsin-based company that analyzes the quality diamonds has accused Zales, the jewelry conglomerate, of false advertising and misleading consumers. |
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by Diamond News Agency
Although people are donating less spare change this holiday season, the Salvation Army is still receiving its usual array of strange contributions. In Uniontown, PA, someone wordlessly proposed to the traditional collection kettle, dropping in a diamond r |
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by Diamond News Agency
Bianca Grimaldi, whose fiancee died in the September 11 terrorist attacks, lost the diamond engagement ring he gave her just moments before boarding the plane that eventually struck the Pentagon. |
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by Diamond News Agency
A Chandler, Arizona Diamond Jeweler was robbed Saturday by two armed men. While the store owner was shot and injured, one of the assailants ran and was later caught, and the other drove away and later died of a gunshot wound. |
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by Diamond News Agency
A rare, 5-carat pink diamond will be sold in Hong Kong this December by Christie's. Experts predict that the jewel may reach near world record prices, thanks mainly to the enthusiasm of top Asian jewelry collectors. |
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by Diamond News Agency
It used to be that people shopping for diamond jewelry might go online to check out pricing before they went into the brick-and-mortar stores to buy, but things are quickly changing, according to the Israeli Diamond Portal. Now shoppers are more confident |
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by Diamond News Agency
Due to the global recession, all of the normally exported Indian diamonds, gems, and diamond jewelry are experiencing much less consumer demand. Because of accumulated inventory, this has caused the loss of over 200,000 jobs in the Indian diamond and gem |
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by Diamond News Agency
Aeon Holdings, after entering into a purchase agreement with Green Star Energies to acquire an interest in several mineral leases in Pennsylvania, will no longer continue as an online diamond jewelry retailer. |
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by Diamond News Agency
De Beers Diamond Jewellers is partnering with "Brides" magazine to launch the Duo, an intertwined engagement ring and wedding band, beginning on February 10, 2009. |
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by Diamond News Agency
Rio Tinto's Argyle Diamond Mine is ready to release it's rare blue diamonds in the unveiling of the "Once in a Blue Moon" collection. The Argyle Diamond Mine is known for producing rare pink and champagne diamonds, but is much less known for the very rare |
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by Diamond News Agency
The largest diamond in the universe makes the largest diamond previously known, the 530-carat Star of Africa diamond, seem like a grain of sand. If you were to make it into an engagement ring, you would need all the gold on earth to set it in. |
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by Diamond News Agency
Even in these challenging economic times, people are stilling willing to invest in something that never loses value: diamonds. In Mississauga, Ontario, a customer special-ordered a seven-carat round brilliant stunner. |
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by Diamond News Agency
In Tampa, Florida, even the wealthy are turning to pawn shops as a means to make some extra cash. More and more, Capital Pawn owner Joe Cacciatore is seeing high-end luxury brand jewelry and goods. |
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by Diamond News Agency
A government auction was held on March 20 at the New Yorker Hotel near Penn Station, and the focus of the auction was confiscated diamonds. The US Department of the Treasury used the auction to sell off diamonds seized from money laundering schemes, drug investigations and IRS Tax confiscations—with some of the diamonds coming from dealers within New York’s own Diamond District. |
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by Diamond News Agency
In what’s being hailed as Britain’s biggest jewel heist, two gunmen casually strolled into Graff Jewelers in Mayfair, an upscale London store, and stole gems and diamonds worth £40million on Thursday. The thieves managed to steal 43 bracelets, necklaces, rings and watches in less than two minutes. |
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by Diamond News Agency
Benjamin Ben-Eliezer, Israel’s Minister of Industry, Trade and Labor, met with leaders of the Israeli Diamond Industry to discuss extending financial support for a professional training program for diamond polishers. |
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by Diamond News Agency
Despite a serious downturn in the economy, diamonds are selling surprisingly well at auction. Both Christie’s and Sotheby’s have financially suffered due to the recession, but they are both seeing high figures from their diamond sales. In fact, these sales are getting the most buck, so to speak. |
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by Diamond News Agency
Good news for the technologically savvy ladies who want to invest in an elegance cell phone. Stuart Hughes, designer extraordinaire, recently revealed the diamond 3GS iPhone… and it’s something else! |
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by Diamond News Agency
The Gemological Institute of America (GIA) is one of the most respected diamond-grading facilities in the world, took quick action. Investigation led to the arrest of one person so far. The Diamond Dealers Club of South Africa released a statement that, “We join GIA in condemning unscrupulous parties who fraudulently sell treated diamonds without disclosure and sell forged grading reports”. The GIA believes that the problem is not widespread. |
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by Diamond News Agency
Panamanian President Ricardo Martinelli has announced that he will be initiating a session of his country’s National Assembly in the next few weeks in order to finish legislation that grants the diamond exchange free zone status. The President also claimed his government would speed along panama’s membership in the Kimberly Process. |
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by Diamond News Agency
Battle Creek, Michigan – D.NEA is a well-known producer of eco-friendly and completely conflict-free gemstone and diamond jewelry. Their diamonds are all lab-grown, using the same intense heat and pressure that turns carbon into diamonds, but the process takes far less time, has little ecological impact, and the results are far less expensive. Because the diamonds are synthesized in a controlled environment, there are none of the imperfections that natural diamonds can hold. The clarity of a lab-created diamond is always perfect. It has proven relatively easy to grow a colorless diamond, but giving them color has been more difficult. Previously, colored diamonds—blue in particular—were quite small. Now D.NEA has developed a process that has allowed them to create the world’s largest lab-grown blue diamonds. |
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by Diamond News Agency
National Jeweler reports that a fancy 1.77 carat purple-pink diamond has been “reborn” since it failed to sell in Rio Tinto’s 2008 Argyle Pink Diamond bid. The diamond has become a 1.61 carat, radiant-cut, fancy purple-red stone after it was purchased by Scarselli Diamonds of New York. |
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by Diamond News Agency
Fifty individuals, believed to be part of a diamond smuggling ring, have been arrested. |
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by Diamond News Agency
Recently, it has been heavily speculated that the world famous Hope Diamond and the Wittelsbach-Graff Diamond were cut from the same stone. Well, a statement from the National Gem Collection refutes this, claiming the two amazing jewels were not cut from the same stone after all. |
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by Diamond News Agency
At the Sotheby’s Hong Kong Jewels and Jadeite Spring Sale on April 7, a rare blue diamond that was once part of the De Beers Millennium Collection is being sold. The 5.16 carat, pear-shaped, Internally Flawless Vivid Blue diamond was originally presented by diamond giant De Beers to celebrate the Millennium. Bidding is expected to reach close to $6 million. |
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by Diamond News Agency
Dover, Delaware -- DNA2Diamonds, a company that makes diamonds from the cremated remains of people or pets, has recently forged an almost macabre partnership with the Trader Funeral Home of Dover, Delaware. The funeral home will now advertise turning a loved one into diamond jewelry as a possible memorial. Only a small amount of hair or cremated remains is required to create a diamond, so even those who chose burial over cremation can benefit from this option. “Our customers love our memorial diamonds,” says Tom Bischoff, President of DNA2Diamonds, “Not only because they’re a tangible reminder, but because they forever contain the essence of the loved ones and encase the closeness of their memories”. Bischoff has taken what was not long ago a seedling of a company and gone to funeral director trade shows to ply his goods. |
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by Diamond News Agency
Sydney, Australia -- Sotheby’s Australia is planning a landmark auction on April 12. It will be the first time the Australian branch of the well-known auction house has had its own jewellery sale, and it will feature a home-grown red diamond. This will also be the first red diamond offered up for public auction in Australia. Sotheby’s noted in a press release that while the Argyle pink diamonds are considered rare and precious, so few truly red diamonds have been found that diamond connoisseurs consider them to be the most valuable of all colored diamonds. |
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by Diamond News Agency
Diamond-encrusted mobile phones have become almost commonplace. Rose gold, yellow gold, white gold, and platinum are used to make the faces of cellulars all over the world. With the iPhone—in all its incarnations—having been pimped to the highest possible degree, famed cell phone designer Stuart Hughes has chosen to take a step back…in time. |
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by Diamond News Agency
The name Pink Panthers conjures up images of an inept inspector and a suave Peter Sellers and this time the meaning behind the nickname is no different: diamond thievery.
It all started seven years ago with a jar of face cream. Milan Jovetic was part of the group that robbed the Graff store on New Bond Street, London of $30 million worth of diamonds. The Scotland Yard found a $1 million diamond ring hidden in his girlfriend's face-cream jar, the same hiding place used by the thief in the 1963 movie The Pink Panther.
British newspapers called them The Pink Panthers , as the Interpol went after more robberies.
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by Diamond News Agency
The World Federation of Diamond Bourses and the International Diamond Manufacturers came together for a ceremony to mark the opening of the 34th World Diamond Congress in Moscow with special guests of honor that included Russia's Deputy Prime Minister and Minister of Finance Alexei Kudrin and President of Alrosa Fyodor Andreev.
WFDB president Avi Paz said that the diamond industry is hanging in there, despite the effects of the worldwide economic crisis, but that the industry will always take challenges in stride. He remarked that their purpose continues to be to sustain the viability and stability of rough supplies, as well as to continue manufacturing and marketing polished diamonds.
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by Diamond News Agency
Diamonds weren't this man's best friend.
A young diamond polisher named Sumit Sevanti was found on the fourth floor terrace of a diamond polishing unit in the Sneh Mudra Society of Surat, India early Tuesday morning. He had severe head injuries and died of bleeding.
Police quickly ruled out suicide though the murderers dragged the body from the room and tried to throw the body to the fourth floor to make it look like Sevanti killed himself.
Police said Sevanti and his murderers were probably friends and consumed liquor together after work in the polishing unit. Neighbors nearby confirmed hearing sounds of a loud gathering.
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by Diamond News Agency
Just as the world's largest diamond producer, De Beers, has landed back on its feet with a big jump in half-year sales, CEO Gareth Penny has announced that will step down from his position later this year.
No word on why exactly Penny has decided to leave the company, but it's a surprising development as the group is heading into a better period since the global economic crisis harshly affected the world.
Penny would only say to the media, "I feel it's the right time" and "We've come out of a difficult period."
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by Diamond News Agency
United Kingdom Prime Minister David Cameron was asked in an interview India's NDTV channel if the 105-carat Koh-i-noor Diamond currently in Britain would be returned to India any time soon. The Koh-i-noor Diamond is one of the largest diamonds in the world to date.
The First Lord of the Treasury and Leader of the Conservative Party said no after an awkward silence. Then he later he mentioned that returning the diamond to India would "set a dangerous precedent for other priceless cultural items held in British museums," the Daily Mail reports. He said it will stay put.
The head of Parliament is in India for a two-day stay with the purpose of strengthening relationships and creating jobs in the United Kingdom.
Hindu academic scholars say that the Koh-i-noor diamond was discovered in India at least 700 years ago and possibly even 5,000 years ago. Koh-i-noor means "Mountain of Light" in Persian.
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by Diamond News Agency
Winnsboro, Texas resident Angela Vickers has found a 2.93-carat yellow diamond at the Crater of Diamonds State Park in Arkansas. She was on her first family vacation with her husband and three children.
The family went searching for diamonds in the 37 1/2-acre diamond search area after a friend told Vickers of the park. They searched for three hours until she found the diamond stone. It was a bright yellowish color, the size of a pea, and it’s a round diamond with a pyramid shape on top. She named it God's Blessing Diamond because she felt that God led her to it, right in the shade.
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World Diamond News keywords: Diamond News
Canada Introduces The Saskatoon Research Council
Monday, Oct 15 2007 2:41PM Abazias - Diamond Industry News,
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Canada Introduces The Saskatoon Research Council The improvements in the diamond industry are being seen on many different levels all over the globe Africa has seen much improvement in their diamond industry with the recent shipment of diamonds from Liberia under the Kimberley Process and Canada is making diamond news as well with their Saskatoon Research Council The SRC is opening its doors to the public so all can see their state of the art laboratory which is considered one of the largest labs for gemstones The SRC in Canada is proof that Canada is indeed rich in diamonds and ready to show the world the stones from their land
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