Diamonds & Gemstones articles

GCDC introduces new diamond design award for 2019 contest

GCDC introduces new diamond design award for 2019 contest

The Goldsmiths’ Craft & Design Council (GC&DC) has partnered with London-based diamond dealer, Yves Frey Diamonds, on a new award for the Goldsmiths’ 2019 contest. The annual competition organised by the GC&DC, is open to all jewellery designers and makers, and has often been described as the ‘Jewellery Oscars’. Yves Frey’s passion for coloured diamonds


Gemfields launches new campaign to raise awareness of responsible sourcing

Gemfields has launched a global advertising campaign to raise awareness of responsible sourcing in the coloured gemstone industry and promote Zambian emeralds and Mozambican rubies. Gemfields believes that coloured gemstones should be mined and marketed by championing three key values – transparency, integrity and legitimacy – and seeks to challenge itself and the sector by

Bonhams sets new auction world record with 5ct fancy pink diamond sale

An exceedingly rare fancy pink diamond, weighing 5.03ct, set a new auction world record at Bonhams London Fine Jewellery sale this week. Going under the hammer on September 26, the pink VS1 clarity diamond sold sold for £2,228,750 ($583,551 per carat), breaking the record for a fancy pink diamond per carat. The previous auction record

Christie’s prepares to sell largest fancy vivid pink diamond in its history

In November, Christie’s Geneva will present the largest and finest fancy vivid pink diamond ever offered at auction by the company. Weighing just under 19 carats (18.96 carats), ‘The Pink Legacy’ will go under the hammer on November 13, offering jewellery enthusiasts the chance to purchase an exceptional rectangular-cut gem. The Pink Legacy will lead Christie’s Magnificent Jewels auction, held at

GUEST COLUMN: Supporting millennial demand across the Forevermark network

Words by Forevermark chief operating officer, Nancy Liu Millennials represent the largest consumer market for diamond jewellery globally, spending more than US$25 billion on diamond jewellery in 2015 in the four largest consumer markets of the US, China, India and Japan. Most importantly, while millennials already express very strong demand for diamond jewellery and acquire

IIDGR streamlines diamond testing process with new device launch

The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, has introduced an advanced synthetic screening device which allows users to test greater volumes of jewellery simultaneously.  The new device – the SYNTHdetect XL – is an advanced version of the company’s highly successful SYNTHdetect synthetic screening device launched last year.

OPINION: De Beers CEO highlights subtle shifts in the consumer landscape

In De Beers’ 2018 Diamond Insight Report, Bruce Cleaver reflects on what has changed since the annual report launched five years ago, and what’s needed for the diamond industry to keep on sparkling… Diamonds have been the ultimate representation of life’s most meaningful demonstrations of love and commitment for generations. However, with younger consumer groups

Chinese Group acquires majority stake in International Gemological Institute

Chinese conglomerate Fosun International Ltd. has acquired 80% of diamond grading lab International Gemological Institute (IGI). The transaction was done through Yuyuan Inc., Fosun’s holding company for the consumer sector. IGI, headquartered in Belgium and established in 1975, is a well-known gemological training and diamond grading organization, which has been managed by family stakeholders since its establishment. Keeping it in the

REVEALED: Key buying habits of young diamond jewellery consumers

Gen Z and millennials present wide-ranging opportunities for the diamond industry, but their buying habits are unlike the generations before them. According to De Beers’ Diamond Insight Report, which was released this morning, the millennial and gen z generations combined accounted for two-thirds of global diamond jewellery sales in 2017, with the future of this