What is Diamond ‘Quality?’

How do you define diamond quality? We value diamonds according to the 4Cs but the sticker price doesn't necessarily reflect quality. What are the fundamental reasons people cherish diamonds? What makes diamonds "great"?

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Read more about the article IGI Argyle Pink Program reported by Gold and Time
Courtesy Gold and Time.

IGI Argyle Pink Program reported by Gold and Time

Gold and Time, the NEXO Group's digital platform for professional information on jewelry and watches, based in Madrid, Spain, recently reported on the IGI certified collection of pink diamonds unearthed…

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Read more about the article Rough Diamond Sales Continue Climbing
Photo Credit: Alrosa

Rough Diamond Sales Continue Climbing

Lucara, Lucapa, DeBeers, now Alrosa. Improving jewelry demand in the USA and China, coupled with low stock in the midstream, is credited for continued strong sales of rough diamonds through the first month of 2021.

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Read more about the article DeBeers Encouraged by first sales of 2021
Photo credit: DeBeers

DeBeers Encouraged by first sales of 2021

Citing demand ahead of the Chinese New Year, which begins February 12, and Valentine’s Day two days later, DeBeers' reported high sales for the first cycle of 2021. Total sales…

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Read more about the article IGI President appointed to the Board of Diamonds Do Good
Image Credit: Diamonds Do Good

IGI President appointed to the Board of Diamonds Do Good

IGI North America President Avi Levy is one of 10 new members appointed. Founded Diamonds in 2007, Diamonds Do Good's mission is supporting programs that develop and empower people in countries with significant economic dependence on the natural diamond trade.

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Read more about the article Lucara begins 2021 with a 341 carat stunner
Photo Credit: Lucara

Lucara begins 2021 with a 341 carat stunner

The hits keep on coming for Lucara at their Karowe mine in Botswana. The Vancouver based company has kicked off the new year with a 341 carat top white gem quality diamond, recovered from the mine's South Lobe over the holiday period.

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Read more about the article First Mothae rough sale in 2021 yields $5.6 million
Photo Credit: Lucapa

First Mothae rough sale in 2021 yields $5.6 million

4,676 carats of rough diamonds from Lucapa's Mothae kimberlite mine in Lesotho have been sold in Antwerp. Commanding a record price of $1,198 per carat, the parcel contained a number of larger pieces, including the 101 carat D colored crystal unearthed at the end of 2020.

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Read more about the article 25 Year Extension for Lucara in Botswana
Photo credit: Lucara

25 Year Extension for Lucara in Botswana

If you watched the documentary "The Diamonds of Botswana" you know how diamonds benefit the citizens of that country. Lucara's Karowe Mine has just received a license renewal and extension from Botswana's Ministry of Mineral Resources, Green Technology and Energy Security into January, 2046.

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Read more about the article Ekati Mine has sold and will Restart in early 2021
Photo credit: Dominion Diamond Mines

Ekati Mine has sold and will Restart in early 2021

America's neighbor to the north will resume some sparkle in early 2021. Canada's Ekati diamond mine, closed since March due to the pandemic, has been acquired and is set to restart operations by January 29, 2021.

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Read more about the article See the Asteroid worth more than our global economy
Image credit: Maxar/ASU/P. Rubin/NASA/JPL-Caltech

See the Asteroid worth more than our global economy

The valuable asteroid composed entirely of iron and nickel drew to within 1.6 astronomical units (AU) of Earth over the weekend. If you're in the USA grab your telescope, escape light-pollution, find an elevated position and look to the north. 16 Psyche will be in the constellation of Taurus tonight.

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Read more about the article Lulo Pink cut into 15.2 carat Heart Shape
Photo credit: Lucapa Diamond Company

Lulo Pink cut into 15.2 carat Heart Shape

The enormous 46.7 carat pink rough diamond recovered at the Lulo Diamond Project in Angola earlier this year has been cut and polished into three diamonds, the largest of which is a Fancy Intense Orangy Pink heart-shape.

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Read more about the article 998 carat diamond unearthed by Lucara
Photo credit: Lucara

998 carat diamond unearthed by Lucara

Lucara's Karowe Diamond Mine in Botswana just produced one of the five largest diamonds ever found, continuing a series of noteworthy diamond recoveries on those premises.

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Read more about the article 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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Read more about the article ‘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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Read more about the article 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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