Diamonds & Gemstones articles

MarciaLanyon

Marcia Lanyon announces retirement plans

Marcia Lanyon announces retirement plans

Marcia Lanyon, founder of wholesale coloured gemstone company, has announced she will be retiring from the company at the end of the year. Lanyon started her career in London’s Hatton Garden, working for the gemstone dealer George Lindley Ltd and becoming responsible for stock and grading gemstones. In the evenings she studied for her Fellowship of the Gemmological Association, which

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Rio Tinto unveils its largest ever red diamond

Rio Tinto has unveiled its largest fancy red diamond in the history of its Argyle Pink Diamonds Tender, which is also the second biggest stone of this colour to ever be discovered. During a world exclusive preview in New York, Rio Tinto showcased the rare 2.11carat, polished radiant cut diamond, known as The Argyle Everglow.

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Petra Diamonds reports record production and revenue levels

Petra Diamonds has revealed a production and revenue increase for the year ended 30 June 2017. In its Trading Update ahead of its preliminary results for the year, Petra has reported a 8% increase in production to four million carats, while revenue is up 11% for $477 (£366m). Both of these growths represent record levels

Diamond

Car-boot diamond ring fetches £656,750 at auction

The 26ct diamond ring bought at a car-boot sale for £10 sold at Sotheby’s in London for £656,750. When the news first broke about the diamond ring being mistaken for a piece of costumer jewellery, it was predicted that it would fetch £350K at auction, after L Guess Watchmark & Jewellers advised the owners of

Rachel McAdams sporting Niwaka jewels. At the 88th Academy Awards ceremony diamonds dazzled on the red carpet as celebrities wore statement earrings, bold necklaces and multiple rings crafted with the white, sparkly stone. Tiffany & Co. adorned several stars for the glamorous evening including Reece Witherspoon, Elizabeth Banks and Cate Blanchett, while Charlize Theron wore $3.7million worth of Harry Winston jewellery. Although other colourful gemstones were spotted at the Oscars, which took place at the Hollywood & Highland Center on February 28, it was diamonds that attracted the most attention.

Global diamond jewellery demand bounces back

Worldwide diamond jewellery sales hit $80bn (£62bn) in 2016, reveals the De Beers Group. Reversing a dip the year before when demand from China and India slumped, global diamond jewellery sales bounced back, with marginal growth predicted for 2017. Global sales were largely bolstered by rising demand in the US, where according to industry insight

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Forevermark inscribes two millionth diamond

The De Beers Group today announced its Forevermark diamond brand has inscribed its two millionth diamond. The diamond is a 3.48 carat round brilliant and bears the unique inscription of ‘2,000,000’. It was mined, cut and polished in Namibia and inscribed at the Forevermark Diamond Institute in Surat, India. The diamond will now be set into

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