Anglo American is reporting that DeBeers' rough diamond sales during the eighth cycle of 2020 brought in $467 million USD. Not only is this is a significant surge over 2020's seventh cycle, which brought in $334 million, it's a noteworthy increase of 57% over the $297 million realized during the same cycle in 2019.
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A private, anonymous collector bidding by phone from Japan is the new owner of the first high-value item of its kind ever offered "without reserve" by Sotheby's. Originally a 271 carat rough diamond unearthed in 2018 at the Victor Mine in Ontario, Canada, it was cut into this 102.39 carat D Flawless oval shape by Diacore.
Today we turn our attention to the optical phenomenon of iridescence, that is the display of dispersive prismatic colors caused by the interference of light - generally due to thin films of gas or liquid - like Iridescent Quartz, Iridescent Agate and Ammolite.
IGI has provided insight and advice to diamond, gem and jewelry industry professionals in tandem with JCK Online's sponsored-content initiative: "Solving New Trends in the New Normal" addresses explosive growth in two disruptive industry areas.
Kevin Kinard visited Crater of Diamonds State Park regularly for more than 25 years, but never found a diamond until Labor Day 2020. Now he has the distinction of discovering the second largest diamond to ever come from the popular Arkansas tourist site, at just over nine carats.
Following a 40 day period of submissions and evaluation, IGI’s international panel of prestigious judges has advanced 30 design concepts to the final round of the 2020 IGI JEWEL Jewelry Design Contest. These creative works, which can be seen here, were selected for creativity, use of materials, budget, feasibility of production and wearability.
Can we call them the Blues Brothers? Individually weighing 25.75 carats, 21.25 carats, 17.57 carats, 11.42 carats and 9.61 carats, Petra Diamonds reports that these spectacular siblings were assessed to be individual stones, not originally part of a larger diamond.