Login

Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

Yesterday

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

Our first priority is to better understand artisanal and small-scale mining - Elodie Daguzan

The Diamond Development Initiative (DDI), the organization dealing with the traditional diamond mining, recently announced the appointment of Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as head of communication...

04 june 2018

Zimnisky on De Beers’ Lightbox: It’s a strategic, bold move that will benefit the entire natural diamond industry

De Beers shocked all and sundry end of May when it announced the launch of a new company called Lightbox Jewelry, which will market a new brand of laboratory-grown diamond jewellery in September. This effectively meant that the group had departed from...

01 june 2018

Tracking the provenance and lifecycle of a product is a natural and necessary evolution in our industry

A senior executive with a demonstrated history of working globally at management and board levels, Marcus ter Haar has been the Managing Director at Okavango Diamond Company (ODC), Botswana for about 10 months now, prior to which he held the...

28 may 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

Comments

Only registered users can add comments (Register, Login)