Petra Diamonds sold a 425-carat D color Type IIa white diamond, the ‘Legacy of the Cullinan Diamond Mine’, for just under $15 million, or approximately $35,295 per carat. Unearthed from its Cullinan mine in South Africa, the 424.89 carat gem was purchased by a partnership combining Belgium-based Choron and Dubai-based Stargems. It is expected to be polished in Antwerp. In a news release, Petra chief executive officer Richard Duffy called it a “significant sale” for the company.
A spectacular and comprehensive trove of nearly 400 diamonds, colored stones and the finest jeweled objects from the Mughal Empire (1526-1857) to the present day, with provenance including the royal and noble families of India, will be offered in a landmark auction this June at Christie's in New York. Christie’s anticipates the Maharajas & Mughal Magnificence jewelry auction could rank as one of its most high-profile and high-value jewelry auctions ever, featuring some incredible dia
"Meet Argyle Octavia" writes Rio Tinto on its Twitter account, referring to a rare 28.84-carat diamond discovered at the Argyle mine in east Kimberley, Western Australia. Named for her octahedral shape, the Argyle Octavia is one of the largest gem quality white diamonds ever found at Argyle, and may be one of the final significant finds from the famous diamond mine, which is scheduled to close in 2020. The 28.84-carat stone was discovered in March and will be sold by tender in Antwerp later this year.
The Graff Lesedi La Rona weighs an awe-inspiring 302.37 carats and is a top D color, with exceptional clarity and both excellent polish and symmetry. The 302.37 carat Graff Lesedi La Rona is touted as the largest highest color, highest clarity diamond ever certified by the GIA, and the world’s largest square emerald cut diamond, expertly cut and polished by Graff’s world leading team of gemmologists and master polishers - a group from Antwerp.
Firestone Diamonds recovered of a 72 carat yellow, makeable diamond from its Liqhobong Mine in Lesotho, during the past weekend. The 72 carat diamond was recovered together with a 22 carat makeable white stone, followed by an 11 carat fancy light-pink stone. These diamonds will go on sale via First Element tender house at the next tender in Antwerp, which is scheduled to take place from May 8-14 2019 (see the entire Antwerp tender schedule here).
Gem Diamonds has recovered an exceptional, 134-carat Type I yellow diamond from Letšeng Mine in Lesotho, the miner's third important find in recent weeks and its second remarkable colored stone this year. It has been nearly two years since Gem Diamonds recovered a yellow stone of that magnitude.
Gem Diamonds unearthed a 161-carat top-quality Type II white diamond at the Letseng mine in Lesotho on 21 March 2019. It is the first recovery announced of a diamond weighing more than 100 carats in 2019, but not their first major find of the year. Last month, Gem recovered a high-quality 13.33-carat Type I pink diamond, which sold for $8,750,360 in Antwerp.
Canadian junior miner Star Diamond Corp. has reported "unusually high proportions of Type IIa diamonds" at its kimberlite diamond project in Saskatchewan, and investors did not fail to notice, sending its shares soaring almost 15% on the news, closing at 24 Canadian cents.
At the 2019 Oscars, Lady Gaga wore a necklace featuring a 128.54-carat, 141-year old "Tiffany diamond", dubbed "one of the largest yellow diamonds in the world." It is reportedly worth over $30 million. Audrey Hepburn was the last lady to wear the incredibile, yellow, cushion-cut diamond it back in 1962 for publicity posters for Breakfast At Tiffany's. Last night marks only the third time in history that the Tiffany diamond was worn in public; before Hepburn's spin, the diamond was first worn by Mrs. Sheldon Whitehouse at the 1957 Tiffany Ball held in Newport, Rhode Island.
Exceptionally large diamond recoveries are, as a rule, an exception, but today we had two announcements of some very impressive stones: Lucara Diamond unveiled 223-carat stone from its Karowe mine in Botswana, while Lucapa Diamond Co. added a 128-carat find from its Lulo diamond field in Angola.
Alrosa has recovered a unique rough diamond weighing almost 200 carats, which was mined at the Udachnaya kimberlite pipe in mid-January 2019. It is one of the largest diamonds recoverd by the Russian miner in recent years.
Gem Diamonds brought 2018 to a close much in the same way that it opened the miner's banner year - with the unearthing of a 125-carat high quality white, Type IIa diamond - recovered from the Letšeng mine in Lesotho. It was the fifteenth diamond greater than 100 carats the London-based miner recovered in 2018. The recovery, which took place on December 20, following the December 19 announcement of the recovery of high quality 101 carat and 71 carat white Type IIa diamonds, both recovered within a twenty four hour period.
The 24-carat pear-shaped, fancy yellow Moon of Baroda diamond famed for its association with Marilyn Monroe sold for $1.3 million at the Christie’s Hong Kong jewelry auction on Tuesday, easily beating estimates of $500,000 to $750,000.
Christie's has announced that the 18.96-carat Pink Legacy – the largest and finest Fancy Vivid Pink diamond the auctioneer has ever put on the block – will be offered for sale at their Magnificent Jewels auction in Geneva on 13 November. With an estimated price of $30 million to $50 million, it has the potential to break the record price per carat for its color category. That record is currently held by ‘The Pink Promise’, an oval-shaped Fancy Vivid Pink diamond of just under 15 carats, which Christie's sold in Hong Kong last year for $32,480,500 - an incredible $2,175,519 per carat.
From the Martian Pink from the Perfect Pink, the Sweet Josephine to the Pink Promise, Christie’s jewelry specialist Marie-Cécile Cisamolo tells the stories of the ten most prized pink diamonds the auction house has ever sold. Prices for top-quality, large pink diamonds have increased exponentially in recent years, driven by collector demand and increasingly limited supply. Pink diamonds gain their highly desirable color as a result of a rare, naturally occurring slippage of the crystal lattice in the stone while it is forming deep within the Earth’s crust.
Russian diamond mining giant ALROSA is planning to showcase a unique collection of large, fancy-colored diamonds at the Hong Kong Gem & Jewelry Fair in September, reports Rough & Polished. The collection of diamonds the miner will showcase includes 250 stones of different shapes and colors (including very rare colors) - purple, pink, orange and vivid-yellow - and is said to be the largest collection of fancy-colored stones the company has ever presesnted.
Namakwa Diamonds, the majority owner of the KAO mine in Lesotho, has announced the discovery and upcoming sale of its latest exceptional find, a 29.59 carat Fancy Pink diamond, named ‘The Rose of KAO’. The Rose was found on 12 June this year at Namakwa Diamond’s flagship mine KAO in Lesotho (owned 74.99% by Namakwa Diamonds, the rest by the government of Lesotho). The Rose will be shown and tendered in Antwerp with Bonas-Couzyn NV during KAO's fourth sale of the year (KAO-1804) from late September to early October.
Gem Diamonds has recovered a 138 carat, top white color Type IIa diamond from the Letšeng mine in Lesotho. This recovery is now the twelfth diamond of over 100 carats in 2018, and a record for the Company in terms of the number of diamonds of over 100 carats recovered in a year.
Canadian diversified junior mining company Tango Mining has sold a 42.26 carat diamond recovered from run of mine (ROM) gravel in the alluvial Oena Diamond Mine in the Republic of South Africa for $476,143, or $11,267 per carat, on tender at the Kimberley Diamond Exchange.
Gem Diamonds Limited (LSE: GEMD) recoverd a 100.5 carat, top white color Type IIa diamond from the Letšeng mine in Lesotho, the eleventh diamond of over 100 carats in 2018. Just past the halfway mark of the year, Gem Diamonds has already surpassed its large diamond recovery from 2017 (8), more than doubles that of 2016 (5) and is the first time they have recovered 11 such stones since 2015. It is the first in +100 recovery in H2 of 2018, following a remarkable string of recoveries in the first half of the year. The miner dug up its 10th massive gem in early June: a 102-carat diamond.
Australian-listed Lucapa Diamond Company Limited recovered an 89.75-carat yellow diamond from the Mothae Diamond Project in Lesotho. The diamond was recovered from the current bulk sampling program at Mothae as construction of the new 150 ton-per-hour commercial diamond plant continues on schedule for H2 2018 commissioning, the company said.
Lucara Diamond Corp.,a leading producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Mine in Botswana, achieved $32.48 million at its 12th Exceptional Stone Tender which concluded yesterday. The tender consisted of 10 single stone lots, ranging from 472.37 to 40.4 carats in size, totaling 1,453.06 carats and included two diamonds greater than 300 carats.
Lucara Diamond Corp. will be holding its first Exceptional Stone Tender of 2018, faciliated by tender house Bonas, on June 19. Viewings will take place starting June 10 in Gabarone, Botswana. The tender consists of 10 single stones ranging from 40.40 carats to 472.37 carats in size, including a 327 carat diamond, alongside other qualifying diamonds that have been recovered since the start of the year. Click through to view the catalogue of superior stones.
Sotheby's Magnificent Jewels and Noble Jewels auction held in Geneva yesterday, May 15, certainly lived up to its name, as the historic Farnese Blue diamond - given in 1715 by the Philippines to the Queen of Spain Elisabeth Farnese, wife of King Philip V of Spain - smashed its pre-sale estimate of $3.7 to $5.3 million, earning $6.7 million at the fall of the hammer. It was the first time the exceptional 6.16-carat, pear-shaped, fancy dark grey-blue, SI1-clarity stone had ever appeared on the market, after having remained in the same family for over three centuries.
Lucara Diamond Corp. has recovered a 327 carat, top white gem diamond from its 100% owned Karowe Diamond Mine located in Botswana. Eight diamonds greater than 100 carats have now been recovered at Karowe since the beginning of the year, including the 472 carat diamond announced earlier this month.
Lucara Diamond Corp. today announced the recovery of a 472 carat, top light brown gem diamond, the third largest diamond ever recovered from its 100% owned Karowe Diamond Mine located in Botswana. CEO, Eira Thomas comments, “In 2018, mining at Karowe is focused in the high value south lobe, which consistently delivers large, high quality diamonds in excess of 10.8 carats in size.
Sotheby's Magnificent Jewels and Noble Jewels auction to be held in Geneva on 15 May will feature some remarkable diamonds, most notably two large D flawless diamonds, each weighing over 50 carats, and the historic and highly important Farnese Blue, a Fancy Dark Grey-Blue diamond weighing 6.16 carats. Both of the diamonds belong to the highly rarefied sub-category of Type IIa diamonds, which make up just 2% of gem diamonds and boast the highest optical transparency. The first
One of the foremost historic diamonds – The Farnese Blue – will appear on the market for the first time in history this spring, after having remained in the same family for over three centuries, according to a press release from Sotheby's auction house. The existence of the diamond was apparently unknown until recently, except for the relatives of the family and its jewellers.
Gem Diamonds this morning announced the sale of the "Lesotho Legend": the exceptional quality 910 carat D colour Type IIa diamond recovered from the Letšeng mine in January 2018 achieved a price of US$40 million on tender in Antwerp on 12 March, 2018. It is the fifth largest gem-quality diamond ever recovered in history and the third largest in a century.
Diamonds and other precious stones forming part of a Czech National Museum collection in Prague, assumed to be worth millions of dollars, were discovered during a routine audit to be fakes and synthetics. The cheap imitations include a 5-carat diamond, which is just a piece of glass, and a 19-carat sapphire which turned out to be synthetic. As told by Radio Praha, "The major reconstruction of the headquarters of the National Museum in Prague has revealed more than just peeling paint and cracks in the walls.
The run of large diamond finds by London-based miner Gem Diamonds keeps going, as the company has announced the recovery of yet another huge diamond of exceptional quality, this time a 152 carat, D color Type IIa diamond from the Letšeng mine in Lesotho, the highest dollar per carat kimberlite diamond mine in the world. This is the sixth diamond of over 100 carats recovered in 2018. The third of which was the recovery of the massive 910 carat diamond announced on 15 January, 2018, the fifth biggest diamond find in history.
To celebrate the one-year anniversary of its bijoux boutique on Bond Street in London, Sotheby's Diamonds revealed its most exceptional gem to date: a 102.34-carat, D-Flawless, Type IIa round brilliant diamond, which the auction house describes as “the rarest and most valuable white diamond ever to come to market”. The stone bears the highest possible ratings in terms of color (a D grade representing the purest, whitest hue), clarity (Flawless, meaning there are no internal or external blemishes even when viewed under a microscope) and has excellent cut, polish and symmetry, making it the l
London-based miner Gem Diamonds recently rocked the diamond world with the announcement of its latest remarkable recovery from the Letšeng mine in the Kingdom of Lesotho: a 910-carat, D color Type IIa diamond. It is the fifth-largest gem quality diamond ever recovered and is of the highest quality. The Diamond Loupe had the opportunity to sit down with Gem Diamonds CEO Clifford Elphick and Commercial Director Glenn Turner at the Gem Diamonds office in Antwerp. (see a photo of the diamond in annex below)
London-based miner Gem Diamonds has announced the recovery of an exceptional quality 149 carat, D color Type IIa diamond, with excellent shape, from the Letšeng mine in Lesotho, the highest dollar per carat kimberlite diamond mine in the world. This is the fourth high quality diamond of over 100 carats recovered so far this year, and follows closely upon the recovery of the exceptional 910 carat diamond announced on 15 January, 2018.
Gem Diamonds this morning announced the recovery of an exceptional quality 910-carat, D color Type IIa diamond from the Letšeng mine in Lesotho, making it the fifth largest gem-quality diamond ever recovered in history and the third largest in a century, behind only Lucara Diamonds' 2015 discovery of the 1,009-carat Lesedi La Rona.
Gem Diamonds has announced the recovery of high-quality 117 and 110-carat, D colour Type IIa diamonds from the Letšeng mine in Lesotho, famed for its large, Type IIa stones that often achieve the highest dollar per carat rough prices in the world. The London-based company recovered seven such stones in 2017 after unearthing only five in 2016.
At their summer tender in 2017, Gem Diamonds achieved an average price of $2,397 per carat, making it the highest achieved dollar value per carat for a tender since September 2015.
Australia's Lucapa Diamond Co. and its Angolan partners, Endiama and Rosas & Petalas, have decided to schedule the next diamond sale for early 2018. The timing of this sale is designed to maximise sale proceeds by selling into a usually stronger demand period at the beginning of the year. The next sale parcel of alluvial diamonds from the Lulo Diamond Project in Angola will total 2,160 carats. This includes the exceptional 129 carat and 78 carat Type IIa D-colour Lulo diamonds recovered from Mining Block 6 in November 2017.
Renowned jeweler Laurence Graff has bought the 476-carat Meya Prosperity Diamond from Sierra Leone for $16.5 million. It is the second major rough diamond Graff has purchased from Sierra Leone this month, having previously purchased the 709-carat 'Peace Diamond' for $6.5 million. The Type IIa, D color 476- rock was unearthed in the Kono District back in November by Meya Mining, a company jointly owned by Namibia-based conglomerate Trustco Group and Germinate Sierra Leone.
The 709-carat "Peace Diamond", considered the 14th-largest rough diamond in history and recovered by artisanal miners in Sierra Leone’s Kono district in March, sold at Rapaport's auction in New York for $6.5 million, approximately $1.2M less than was originally offered for the stone. This despite - or perhaps because of - its tour through the major diamond trading centers. Renowned jeweler Laurence Graff was the buyer. Martin Rapaport, surrounded by Sierra Leonean officials at their press conference in New York, apologized that his efforts did not yield what they had hoped.
An incredibly rare 14.93-carat Fancy Vivid VVS1 pink diamond, which Rahul Kadakia, International Head of Jewellery at Christie’s, described as the "Picasso of the Pink Diamond world," sold for $31,861,000 (HKD 250 million), or approximately $2.13 million per carat, at Christie’s Magnificent Jewels Hong Kong auction on November 28. The diamond, referred to as The Pink Promise Diamond, is an oval-shaped fancy vivid pink Type IIa diamond, weighing approximately 14.93 carats, set within a circular-cut diamond surround, gallery and hoop. Its Fancy Vivid Pink color (as opposed to Fancy Intense Pink) is a designation given by the GIA and represents the most prized color grading in a pink diamond.