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Lucapa to become a niche diamond company, says Wetherall

Lucapa Diamond believes that it will become the only company in the world with multiple diamond mining operations whose average diamond value is in excess of $1,000 per carat, once the Mothae mine is commissioned this year. Company chief executive and...

Today

Zimnisky: Diamonds lack fungibility to be a major investment product

Physical diamonds will never be a viable widespread investment product simply because they inherently lack fungibility, meaning they are all unique, according to Paul Zimnisky, an independent diamond industry analyst and consultant, who is based in New...

12 february 2018

Julien-Vincent Brunie: "Being surrounded by beauty and art is a privilege!"

This last December, shortly before Christmas, the Auction House of Christie's arranged a private display of jewelry in Moscow. The correspondent of Rough & Polished, who had an opportunity to visit this event, was able to admire a luxurious collection...

05 february 2018

Ali Pastorini: We would like meeting Mujeres Brillantes 2018 to be held in Russia

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 500 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

29 january 2018

Diamond Exchanges promote healthy development of the diamond industry, besides safe and basic infrastructures for diamond trade

Prior to joining the Guangzhou Diamond Exchange, Liang Weizhang served as a civil servant of Guangdong Entry-Exit Inspection & Quarantine Bureau as the director of the Kimberley Process Office. He participated in the KP Review missions to South Africa...

22 january 2018

Rio Tinto’s Argyle Pink Diamonds Tender delivers record result

14 november 2017
Rio Tinto’s 2017 Argyle Pink Diamonds Tender collection of 58 rare pink, red and violet diamonds from its Argyle mine has delivered a record result, reflecting strong global demand for these increasingly rare diamonds, says a press note from Rio Tinto.
The 2.11 carat Argyle Everglow became the most valuable diamond in the Tender’s 33-year history and was won by Optimum Diamonds LLC, a New York-based company which also won Argyle Liberte, an exceptionally rare 0.91-carat violet diamond.
David Shara, CEO- Optimum Diamond said “Optimum Diamonds is delighted to have won the Argyle Everglow and the Argyle Liberte. Both fit with Optimum’s quest for the truly exceptional in the world of fancy coloured diamonds.”
The Argyle Avaline was acquired by the international luxury jewellery house, Graff. Its founder and chairman Laurence Graff said “We have always been passionate about pink diamonds, acquiring these incredible miracles of nature is a pleasure and an honour. We will take great care to respect the delicate beauty of Argyle Avaline as we craft a setting for this exquisite and exceptionally rare diamond.”
Rio Tinto Copper & Diamonds Sales & Marketing vice president Alan Chirgwin said “We are delighted with the 2017 Argyle Pink Diamonds Tender results. The market fundamentals for pink diamonds – strong demand for a product that is both limited and finite – continue to support their significant value appreciation.”

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished

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