Rough sales pick up as market begins rebound
Miners have seen “encouraging” signs of recovery in the diamond market as they resume rough sales following an extended period of weak demand. Mountain Province garnered $8.9 million from the sale of 210,661 carats from its Gahcho Kué mine in Canada, at an average price of $42 per carat, at its first tender since the […]
Covid-19 driving move to digital
The emerald-cut, 28.86-carat diamond ring that garnered $2.1 million at Christie’s, marking a new record for the most expensive jewel sold in an online-only auction. (Image: Christie’s) As the diamond industry begins its recovery from the initial impact of Covid-19, its once-lagging progress toward digital is being vastly accelerated. While this will not be […]
Diamond Grading Gets an International Standard
The International Standards Organization (ISO) has approved its first grading guidelines for polished diamonds in an effort to achieve consistency among laboratories. The new ISO 24106 specifies the terminology, classification and methods that labs should use when grading and describing loose stones, the World Jewellery Confederation (CIBJO) said recently. Implementing the instructions is voluntary, unless […]