Diamond
Diamonds remain the cornerstone of the global jewellery trade, shaping trends and driving consumer demand across all market segments. For UK jewellers, designers, wholesalers, and manufacturers, staying informed about developments in the diamond sector is critical to navigating supply chain dynamics, pricing fluctuations, and shifting consumer preferences. Jewellery Focus provides comprehensive coverage of the diamond industry, including market analysis, ethical and lab-grown alternatives, regulatory changes, and insights into sourcing and sustainability. From the latest trends in diamond jewellery to updates from major producers and distributors, our reporting equips trade professionals with the knowledge to make informed commercial decisions.
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May- 2016 -18 MayAuctions
Pink diamond sells for record-breaking £21.8m
The seller of the most expensive polished diamond ever sold at auction has broke another record with the sale of the largest fancy vivid pear-shaped pink diamond. The 15.38-carat diamond – named ‘Unique Pink’ – sold for $31.56m (£21.8m) at Sotheby’s Geneva on Tuesday 17 March and became the most…
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17 MayCurrent Affairs
De Beers and Namibia sign long-term sales agreement
The Government of the Republic of Namibia and the De Beers Group of Companies has signed a 10-year sales agreement. The agreement – the longest-ever signed between the two partners – will include the sorting, valuing and sales of Namdeb Holdings’ diamonds. Namibia will see a significant increase in rough…
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9 MayCurrent Affairs
Leicester jewellers creates £225,000 Premier League trophy ring
Leicester-based Lumbers Jewellers has created a one-of-a-kind Premier League trophy ring, following the shock title triumph from underdogs Leicester City. The handcrafted ring – featuring a brilliant-cut diamond in excess of 5.01-carats and certificated as G colour and VS clarity – has been designed to represent the Premier League trophy.…
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9 MayCurrent Affairs
Lucara sells rough diamond for record-breaking £43.5m
Diamond production firm Lucara has announced it has achieved the highest price ever achieved for the sale of a rough diamond. The 812.77-carat type IIa rough diamond, which was recovered from the Karowe mine in Botswana in november last year, has been sold by the company for $63m (£43.5m). As…
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5 MayAuctions
Largest rough diamond discovered in 100 years could fetch £48m at auction
The largest rough diamond to be discovered in over a century could sell for more than $70m (£48m) at a Sotheby’s auction. The 1109-carat ‘Lesedi la Rona’ – the largest gem-quality rough diamond to be discovered in over a century and the largest rough diamond in existence today – will…
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3 MayEconomy
Polished diamond prices dip in April
Polished diamond trading slowed in April due to sluggish demand at the start of a seasonally-quiet period, according to the Rapaport Group. The group’s RapNet Diamond Index (RAPI) found the price of 1ct, GIA-graded diamonds, slipped 0.3% in April, while the price of 0.3ct and 0.5ct diamonds fell by 1.3%…
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Apr- 2016 -29 AprilRetailers
Allum & Sidaway appoints new jewellery design director
Jewellery retailer Allum & Sidaway has announced the appointment of Ivonna Poplanska as its new jewellery design director. A multi-award winning designer, Poplanska has had a 10-year career working on numerous bespoke commissions including the creation of the ‘The Eternal Dove’ brooch for Queen Elizabeth II, which was presented in…
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27 AprilEvents
Industry financing to top agenda at World Diamond Congress
“Critical” information on financing for the diamond industry will be at the top of the agenda at the 37th World Diamond Congress to be held in Dubai on 16-19 May. The biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) will have…
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26 AprilCurrent Affairs
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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21 AprilAuctions
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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