Announcements and intelligence from IGI Worldwide

The Argyle mine closes. Goodbye, Dear Friend.
Photo credit: Rio Tinto

The Argyle mine closes. Goodbye, Dear Friend.

Yesterday, while Americans woke to cast their votes for president of the USA, a quiet retirement took place in the land down under. Australia’s famous Argyle Mine, which has produced 90% of the world’s pink diamonds since 1983, officially closed her doors on November 3.

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Lab-grown diamonds in rainbow colors
Photo credit: Diamond DNA

Lab-grown diamonds in rainbow colors

Do you remember when our friends at Diamond DNA had us grade that incredible 10-carat lab-grown diamond transformed from intense yellow to vivid pink using an electron beam? This time…

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‘Spirit of the Rose’ dances to auction Nov 11
Photo credit: Sotheby's

‘Spirit of the Rose’ dances to auction Nov 11

In just 20 days this 14.83 carat Fancy Vivid Purple-Pink diamond will find a new home, when it's offered via live auction by Sotheby's Geneva. The auction house estimates this incredibly rare find could command up to $38 million.

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Diamond jewelry sales rising in USA and China
Photo credit: Shutterstock

Diamond jewelry sales rising in USA and China

The easing of COVID-19 restrictions, combined with growth in online shopping, has seen a steady rise in diamond jewelry sales across the USA and China. This marks several months of improvement across a broad spectrum of shoppers.

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Diamond journalist Rob Bates turns author
Image credit: National Jeweler and Amazon

Diamond journalist Rob Bates turns author

Rob Bates is a highly regarded diamond and jewelry industry journalist. Now, drawing on his wealth of knowledge and experience involving the worldwide trade of gemstones and jewelry, Rob has created a fun, fictional work... A mystery novel entitled "A Murder Is Forever."

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DeBeers’ diamond sales surge by 57% in September
Photo credit: De Beers

DeBeers’ diamond sales surge by 57% in September

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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102 carat diamond sells for $15.7 million, breaking records
Photo credit: Sotheby's

102 carat diamond sells for $15.7 million, breaking records

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.

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IGI publishes ‘New Normal’ advice via JCK online

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.

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DeBeers ‘ReSet Collective’ launches with 5 prominent jewelry designers

DeBeers has launched an initiative titled ReSet; a series of collaborations with jewelry designers spotlighting the positive impact of natural diamonds and stimulating conversations about sustainability.

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9.07 carat diamond found on 9/07 in Arkansas
Photo credit: Arkansas Department of Parks, Heritage, and Tourism

9.07 carat diamond found on 9/07 in Arkansas

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.

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