Diamond

Petra Diamonds revenue soars 25% in Q3 results

Petra Diamonds has announced its revenue rose 25% to $120.5m (£82.9m) in the third quarter (Q3) of the 2016 financial year, when compared with the same period in 2015. In its latest trading update for the period from 1 January to 31 March, Petra said its revenue was pushed up…

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Diamond and sapphire prices soar for Bonhams

Sapphire and diamond jewellery designs achieved top prices when they went under the the hammer at Bonhams Fine Jewellery sale in London yesterday. Bidders in the New Bond Street saleroom, online and on the telephones, competed for 129 lots at the auction on Wednesday, 20 April, which achieved £4.98m with…

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Shirley Temple’s blue diamond ring fails to sell

The blue diamond ring previously owned by former child-star Shirley Temple has failed to sell at an auction in New York. The Sotheby’s auction opened bidding for the ring at $19m (£13m) and closed it at $22m (£15m), which was below the ring’s reserve price. The 9.54-carat ‘fancy deep blue…

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De Beers reports stable rough diamond demand

The De Beers Group has reported stable rough diamond demand, following its third sales cycle of 2016. The company reported rough diamond sales of $660m (£465m) compared with the $617m (£434m) realised in its second sales cycle earlier this year. The company said continued stability in polished diamond prices and…

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Record-breaking pink diamond could fetch £27m at auction

The largest fancy vivid pink pear-shaped diamond to ever be offered at auction is expected to go under the hammer for $28m to $38m (£19.9m to £27m). The 15.38-carat ‘Unique Pink’ diamond – unveiled in London today – received the highest possible colour grading for a pink diamond from the…

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VOHS: Winsor Bishop

Name: Winsor Bishop Location: Norwich Years established: 1834 Number of staff: 36 Website: www.winsorbishop.co.uk When was Winsor Bishop founded? The company was founded in 1834 and we have been on the same site since, although in 2010 we did expand into next door’s premises. You’re on track for record sales…

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BRAND Q&A: Anakao Jewellery

A new jewellery brand, Anakao, is named after a small fishing village in the south of Madagascar, which remains virtually untouched by modernity. For Vinay Soudakar and his wife, the website says, it holds a special place in their heart. MICHAEL NORTHCOTT spoke to Vinay to find out more about…

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VOHS: Banks Lyon

Name: Rodney Banks Lyon Location: Lancaster Year Established: 1985 Number of Staff: 12 Website: www.bankslyon.co.uk When was Banks Lyon founded? Banks Lyon Jewellers was founded by myself in 1985. Having served various apprenticeships at H. Samuel, Mappin & Webb and Goldsmiths alongside gaining a distinction in my FGA, my father was…

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Rare blue diamond sells for £22.5m

The world’s largest oval fancy vivid blue diamond to ever go under the hammer has been sold for $31.8m (£22.5m). The De Beers ‘Millennium Jewel 4’ was auctioned at the Sotheby’s Magnificent Jewels and Jadeite Spring Sale on 5 April, selling for the highest price ever paid for a jewel…

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Polished diamond prices remain stable in March

Prices of polished diamonds remained stable in March, according to the latest RapNet Diamond Index (RAPI) from the Rapaport Group. The company said prices were supported by steady dealer trading even though the outlook for consumer demand remains uncertain. It added, in the first quarter, sentiment improved as polished prices…

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