Shanghai Bourse to Promote Natural Diamonds
May 16, 24
Shanghai Diamond Bourse is to promote natural diamonds in China, in cooperation with the World Federation of Diamond Bourses (WFDB). Both sides have signed a memorandum of understanding (MOU) over ... Read More...
6.2-ct Fancy Vivid Pink Fetches $12m
May 16, 24A 6.21-carat fancy vivid pink diamond sold for $12m at Philips Geneva. The pre-sale estimate for the VS1 clarity, Type IIa gem, set in a ring, was $10.5m to $15m. It was the highlight of The Geneva Jewels Auction: Two... Read More...
101-ct Yellow Allnatt Diamond Pulled from Sale
May 16, 24The 101.29-carat Allnatt diamond was pulled from a Sotheby's auction in Geneva on Tuesday (14 May) where it had been expected to fetch up to $7.2m. The gem, described as one of the world's most significant fancy... Read More...
Frequent Flier "Took 200 Flights to Steal Jewelry"
May 16, 24Police in India have arrested a frequent flier suspected of stealing jewelry and other valuables from passengers' carry-on luggage after boarding at least 200 flights last year. They say he took advantage of the commotion ... Read More...
Anglo Considering a De Beers IPO
May 15, 24Anglo American is considering an initial public offering (IPO) to dispose of De Beers, its loss-making diamond division, according to a Reuters' report. Duncan Wanblad, CEO of the UK-based miner, announced plans ... Read More...
Memo by Noam Taube, CEO at IDEX Online
May 15Change is coming, and it's coming faster than you think. Rather than fear it, we should embrace it as a gateway to opportunity. The key is being ready and willing to embrace change and to accept you don't know it all. Collaboration is key for the future of our industry.... Read More...