The indelicate balance of ethics against profit

I am slightly pained to write this blog, as over the years I've made many close friends and contacts in Switzerland, not to mention worked very closely with several Swiss-based companies as part of our recently launched DMCC Crypto Centre, including...

Today

Yakut diamonds, the symphony of permafrost

The Yakutia-based Kierge company, one of the Top 100 of the leading jewellery brands in Russia, opened its showroom in Moscow this autumn, which is gaining popularity in the capital of Russia. “Kierge” is the Yakut for a “finery, decoration” in a broad...

22 november 2021

Vladislav Zhdanov - “The use of diamonds in high technologies is the main and key target of the diamond synthesis technologies”

Vladislav Zhdanov, Professor at the Higher School of Economics, Advisor to Director General - Chairman of the Management Board of the Russian Railways company, and former Vice President of ALROSA (2015-2018). He is a physicist by background...

15 november 2021

Ali Pastorini: The white diamond is the equivalent of a white shirt for a woman

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association that brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

08 november 2021

“As a purist and old school diamantaire, I don't believe in LGD,” says Vin Lee, CEO Grand Metropolitan

Vin Lee, the King of Luxury, doesn’t need any introduction. He is a self-made billionaire CEO of Grand Metropolitan. The Beverly Hills' family office Grand Metropolitan is $7 billion AUM privately-held luxury goods holding company with a 60-brand...

01 november 2021

Hong Kong’s Kunming Diamonds wins Rio Tinto’s final rare Argyle™ blue diamonds

28 october 2021
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Image credit: Rio Tinto

Rio Tinto’s entire 2021 ‘Once in a Blue Moon’ Tender collection of 41 lots of carefully curated Argyle blue and violet diamonds, has been won by a single bidder, the Hong Kong fancy coloured diamond specialist, Kunming Diamonds, as per a press release.
Kunming Diamonds’ history making global bid for the 24.88 carats of final ‘beyond rare’ blue jewels from the East Kimberley region of Western Australia, is a significant moment in the history of the Argyle mine and the coloured diamond industry.
Harsh Maheshwari, Executive Director of Kunming Diamonds said "We are delighted to be part of Argyle's legacy in this historical moment, acquiring the Once in a Blue Moon collection. We cherish becoming the custodians of the final Australian treasures from this iconic and industry-defining mine and look forward to unearthing the incredible possibilities in the years to come."
The Argyle mine sporadically produced small blue and violet diamonds in a beautiful array of shades and with the closure of Argyle it is extremely unlikely that there will ever be another collective offering of iconic gems in this colour spectrum from a single mine.
Sinead Kaufman, Chief Executive of Rio Tinto Minerals said the rarity and beauty of the Once in a Blue Moon diamonds speaks volumes. “They are highly coveted, the ultimate limited edition and we congratulate Kunming Diamonds on their global bid,” she added.
Over the past decade Kunming Diamonds has worked closely with Argyle, becoming an Authorised Partner™ for Argyle Pink Diamonds™ and growing its global expertise in certified fancy coloured diamods. 

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