Lucara Names World's Second Biggest Diamond
December 19, 24
Lucara has announced a name for its 2,488-carat diamond - the world's second biggest - which was recovered in Botswana in August. It will be known as Motswedi, which means a water spring or the flow of underground water that emerges to the... Read More...
EU's $85m for Diamond Foundry's Spanish Factory
December 19, 24The US-based Diamond Foundry is to receive $85m of European Union cash to fund the building of its new lab grown factory in western Spain. The EU said the grant, agreed earlier but only now formally announced, would have an incentive... Read More...
BDB Session on Challenges of Diamond Identification
December 19, 24Bharat Diamond Bourse (BDB) hosted a session on the latest developments and challenges in distinguishing lab growns from natural diamonds, as part of its ongoing Leadership Series. Dr. Wuyi Wang, vice president of research and development at GIA... Read More...
Yellow Diamond Toi et Moi Fetches $240,000
December 18, 24A "toi et moi" ring featuring a 3.61 carat fancy vivid yellow, internally flawless, pear-shaped diamond sold for $254,000 at the Phillips New York Jewels Auction. It beat its low estimate of $240,000 but fell short of its $300,000 high estimate. The platinum... Read More...
Customs Staff "Bored" at Near-Empty Bourse
December 18, 24Customs officials at Surat Diamond Bourse have complained they're bored and have nothing to do, because there is so little activity at the world's largest office building. Staff say they're handling just one or two diamond parcels for export each day... Read More...
Memo by John Jeffay
December 19Mother nature hides her diamonds well . . . and artificial intelligence (AI) is now learning how to find them. AI processes mountains of existing data in a fraction of the time it would take an army of geologists and other experts, and it makes connections... Read More...