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Apr- 2016 -1 AprilCurrent Affairs
Bizarre ‘talking diamond’ alarms miners
A rough diamond with bizarre auditory qualities has been uncovered in a mine in Botswana. The 4.23-carat gemstone, which was found by miners working in Jwaneng diamond mine last night, reportedly began issuing a ‘gargling’ sound shortly after it was dusted off. It is thought the type IIa D-colour stone…
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Mar- 2016 -31 MarchCurrent Affairs
GIA predicts more synthetic diamonds to be introduced to the industry
Research published by the Gemological Institute of America (GIA) has predicted a “significant” rise in the number of high-pressure, high-temperature (HPHT) synthetic diamonds to enter the market. The announcement follows a visit in early March 2016, where researchers visited a diamond factory in China and obtained 50 crystals ranging from…
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31 MarchInternational
RJC to consider adding coloured stones to remit
The Responsible Jewellery Council (RJC) has announced it is considering adding coloured gemstones to its purview. The body announced at Baswelworld that it has embarked on “a major new area of work on coloured gemstones and their potential inclusion into RJC’s material scope” which currently includes diamonds, gold and platinum…
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31 MarchAuctions
Largest ever fancy vivid blue diamond could fetch £31.4m
Christie’s has announced the ‘Oppenheimer Blue’ is to go under the hammer, the largest fancy vivid blue diamond ever offered at auction. Weighing 14.62 carats, the stone will lead Christie’s auction of ‘Magnificent Jewels’ held at held at the Four Seasons Hotel des Bergues in Geneva, on 18 May. The…
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30 MarchCrime
Diamond firm ordered into liquidation after £1.2m scam
A london diamond broker targeting “vulnerable” investors and mis-selling them fancy coloured diamonds has been ordered into liquidation by the High Court. The company, which the High Court said was mis-selling investors fancy coloured diamonds at inflated prices, was ordered into liquidation following a petition presented by the Secretary of…
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29 MarchRetailers
boutique.Goldsmiths stocks five new brands
boutique.Goldsmiths has announced it has stocked five new brands as part of its Spring Summer 2016 (SS16) collection. The retailer, which is owned by Aurum Holdings, said jewellery brands Chrysalis, Chlobo, Daisy London, Virtue London and Nordahl were launched across the company’s stores and online nationwide on 21 March. The…
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24 MarchRetailers
Signet reports “excellent” full-year results
Jewellery giant Signet Jewelers has reported an “excellent” full year in its latest results for the 52 weeks ending 30 January, 2016. Same-store sales across the year were up 4.1% with annual total sales of $6.55bn (£4.63bn) – an increase on the previous year of 14.2%. The results were boosted…
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24 MarchCurrent Affairs
Petra Diamonds sells ‘exceptional pink’ diamond for £10.7m
Petra Diamonds has announced the sale of an ‘exceptional pink’ diamond for $15m (£10.7m). The diamond, which was recovered from the firm’s Williamson mine in Tanzania and weighs 32.33-carats, was purchased by Golden Yellow Diamonds on behalf of M.A. Anavi Diamond Group, a leading diamond manufacturer and specialist in large…
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23 MarchCrime
£400,000 worth of watches stolen in Stoke-on-Trent jewellery store raid
Some £400,000 worth of watches have been stolen in a raid on a Beaverbrooks store in Stoke-on-Trent. Staffordshire Police said they believe 10 people were involved in the burglary, which happened just after 2:35am on Thursday, 10 March, at the Intu Potteries shopping centre in Hanley. The offenders, who were…
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22 MarchWatch Focus
Swiss watch exports fall for eighth consecutive month
Swiss watch exports fell for the eighth consecutive month in February, recording a total value of 1.7bn francs (£1.23bn). That’s according to new data from the Federation of the Swiss Watch Industry (FH), which found the total value represented a decline of 3.3% compared with the same month last year.…
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