Wheat Ridge, Colorado police took a 50-year-old man into custody Wednesday following a two-month search.
Large rough brings big money for mining cos.
Two smaller mining companies recently reported that large, exceptional rough diamonds recovered from their mines in Africa have sold for millions.
New York--Two smaller mining companies recently reported that large, exceptional rough diamonds recovered from their mines in Africa have sold for millions.
Petra Diamonds Ltd., which operates the Cullinan, Finsch and Koffiefontein mines, among others, sold the 25.5-carat piece of blue rough discovered in April at South Africa’s Cullinan mine for $16.9 million, or $663,144 per carat.
Petra described the sales process for the diamond as “highly competitive.”
“We are delighted to have concluded such a successful sales process for this important blue diamond,” Petra CEO Johan Dippenaar said. “This result further serves to highlight the Cullinan mine’s unique position as the world’s most important source of blue diamonds.”
Over the years, the Cullinan mine has produced some of the world most well-known diamonds, including the 3,106-carat eponymous piece of rough discovered there in 1905 that remains the largest rough diamond on record.
Letšeng Diamonds (Pty) Ltd. sold a 164-carat D color, Type IIa diamond recovered from its Letšeng mine in April into a profit-sharing agreement for $9.0 million, or $54,911 per carat. Letšeng received the rough price upfront and will receive a “significant share” of the money received from the sale of the polished diamonds produced from this piece of rough.
The Letšeng Diamond Mine is in the Maluti Mountains in Lesotho, an independent kingdom located within South Africa. The Government of Lesotho granted Letšeng Diamonds, which is 70 percent owned by Gem Diamonds Limited and 30 percent owned by the government, the mining lease for the property in 1999.
De Beers operated the Letšeng mine from 1977 to 1982. The mine reopened in 2004 and Gem Diamonds acquired it in late 2006 for $118.5 million. The Letšeng mine has produced four of the 20 largest white gem-quality pieces of rough ever found.
The Latest
PGI partnered with four new and seven returning designers for its annual platinum capsule collection.
Nicolosi, president and CEO of The Kingswood Company, previously sat on WJA’s board from 2011 to 2018.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
Karina Brez’s race-ready piece is a sophisticated nod to the horse-rider relationship.
The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.
“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
May’s birthstone is beloved for its rich green hue and its versatility.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
The brand also created a 100-carat lab-grown diamond necklace in honor of its centennial.
Tim Schlick has been promoted from his previous position as COO.
It’s the second year for the event, slated to take place in October in Toronto.
Supplier Spotlight Sponsored by GIA
“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
The retailer is moving to a newly designed space in the same shopping center.
Gifts that are unique and thoughtful are top of mind this year, according to the annual survey.
The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.