Archive

  • Gem Diamonds, who owns 70% of the Letšeng mine in Lesotho, has released its Q1 2024 Trading Update, which showcases robust operational and sales performances from January 1st to March 31st, 2024.

     

    Key Highlights from Q1: 

  • Phillips auction house in Hong Kong has announced that it will hold its Jewels and Jadeite sale on Nov. 27. The event will be putting some of the rarest diamonds (both colored and colorless), Burmese rubies, vivid yellow diamonds along with other items on the ballot. The highlight of the auction is a brilliant-cut 26.12 ct. unmounted diamond that’s expected to fetch between $2.3 million and $3 million. Not only is the stone considered the most chemically pure of all diamonds as a type IIa, it’s D flawless, which is regarded as the most coveted of the colorless diamond spectrum.

  • Auction house Sotheby’s announced they will auction ‘The De Beers Cullinan Blue’ - one of the most valuable blue diamonds ever - in April.