Largest Yellow Diamond Sale
Forbes reported a collection of 15-carat yellow diamond rings is on display for sale at Birks in Toronto.
Articles Tagged "Diamond Market News"
Mughal Mirror Diamond Necklace For Sale
Reuters reported a"Mirror Diamond" necklace bearing five Mughal empire pendant diamonds with emerald drops has been offered for private sale at a price of $20 million.
Diamond Transfer Perfectly Timed
Mining Weekly reported De Beers’ planned transfer of sales and aggregation activities from London to Botswana is perfectly timed, according to Varda Shine.
Lucara Recovers First Diamonds From Karowe
Mining Weekly reported Lucara Diamond (TSX:LUC,TSXV:LUC) closed a $25-million revolving credit facility to fund development and operations at its Karowe diamond mine in Botswana.
Christie’s Sells 9-Carat Pink Diamond for $15.7 Million
Forbes reported on Tuesday a 9-carat pink diamond from the estate of Huguette M. Clark, sold for more than $15.7 million, after intense, competitive bidding.
Is It Time To Treat Diamonds Like Gold?
CNBC reported there is a move to create a diamond back exchange traded fund which will allow investors to purchase diamonds like gold as an investment, not just jewelry.
Analysts Predict Rio Tinto, BHP Pursuit of Diamond IPO
Globe and Mail reported analysts are predicting BHP Biliton (ASX:BHP) and Rio Tinto (ASX:RIO) may consider spinning off their diamond assets as private companies if buyers can't be found.
Paragon Diamond Announces Exploration Results
Mining Weekly reported Paragon Diamonds (LSE:PRG) on Friday reported micro-diamond grades at its Motete dyke project, in Lesotho.
Bain Predicts Diamond Shortage
Bloomberg reported Bain & Co. said the diamond jewelry industry may face a shortage on increased demand from China and India.
Reassessment of Diamond Properties: A Trend?
With dwindling supply touted as a positive fundamental for the industry, is it just a coincidence that major players want out?
