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The diamond miner and marketer purposefully cut back production in South Africa and Botswana.
The gemstone will be on permanent display in the Harry Winston Gallery at the National Museum of Natural History in Washington, D.C.
The company acknowledged, however, that demand for lower-end goods is faltering due in part to the weakening of the Indian rupee.
The trademark and web domain for the famous phrase was auctioned off among other IP and inventory belonging to Firestar Diamond and Fantasy Inc.
It marks the 13th diamond weighing more than 100 carats recovered by the company in 2018.
The discovery of a new mineral and the effort underway to fund a national advertising campaign for jewelry were among last week’s can’t-miss stories.
It came from the Ebelyakh alluvial deposit and is the biggest yellow found by the mining company so far this year.
A researcher announced the discovery of the nickel sulfide mineral at GIA Symposium.
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Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.