Manufacturers and Diamond Dealers essentially have two alternatives when it comes to buy rough diamonds. They are either purchased directly from mining companies or can be purchased from other licensed diamond dealers in the secondary trading market. Mining companies or producers sell their diamonds either through a “sight” system or through tenders and auctions. To buy […]
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‘Diamonds’ in Ladysmith, KZN: Quartz stones spark South Africa rush ‘Diamonds’ in KZN: Suspected quartz stones spark South Africa diamond rush Thousands of diamond seekers have flocked to KwaHlathi village near Ladysmith, KZN South Africa, believing the area could contain diamonds. It comes after a man in dug up a crystal-like stone in an open
Rio Tinto’s iconic Argyle Pink Diamonds Tender is being showcased in Singapore to connoisseurs, collectors and investors from across Asia. Headlining the 2019 collection of 64 pink and red diamonds is Lot 1: Argyle Enigma™, 1.75 carat modified radiant Fancy Red diamond. With an unrivalled potency of colour The Argyle Enigma™ is one of three Fancy red diamonds in the
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HRD Antwerp has begun to issue gemological certificates for lab-grown diamonds. According to the Antwerp-based lab, every synthetic diamond tested will be issued its own, green colored certificate, which is different in color than the certificates issued for natural diamonds at the lab. Every synthetic stone will be laser inscribed with the words “Lab Grown” The lab
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ALROSA recovered a unique pink 27.85-carat diamond “Almazy Anabara”, a subsidiary of ALROSA, recovered a large pink rough diamond weighing 27.85 carats. This is a unique discovery: by far the largest company’s pink rough diamond had a weight of about 4 carats. If the company decides to cut this stone, it could become the most
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Diamond Producers Association The World Federation of Diamond Bourses (WFDB) congratulated Stephen Lussier on his appointment as the Chairman of the Diamond Producers Association (DPA), with WFDB President Mr.Ernie Blom saying the Diamond Producers Association (DPA) will benefit from Lussier’s long experience in the diamond industry. “Stephen’s breadth of knowledge of the diamond business
Dominion Diamond Corporation Reports Fiscal 2016 Second Quarter Results Dominion Diamond Corporation, the world’s third-largest producer of rough diamonds by value, reported a 24 percent slump in second-quarter sales amid subdued demand in Asia. The company swung to a loss as it incurred a one-time charge following the departure of its chief executive officer and
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Understanding the Global Standard The diamond industry relies on a standardized diamond price list to maintain transparency and stability. While these lists provide a benchmark, true profitability comes from knowing how to interpret the “spread” and the “discount.” The Rapaport List Since 1978, the Rapaport Diamond Report has been the primary source of diamond prices.
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DIAMONDS DIAMOND REPORT IGI Diamond Reports give an accurate assessment of a diamond’s cut, color, clarity and carat weight according to strict international standards. IGI Diamond Reports are issued for diamonds of any size; a plotted diagram of the characteristics and a graphic representation of proportions appear on many of our documents. IGI Diamond Reports
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