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553 Carat Rough Diamond Recovered by Gem Diamonds

By Erika W. Gem Diamonds Ltd. has recovered the 15th largest colorless diamond in the world. The 553 carat rough D color Type II diamond was unearthed at the company's Letseng Mine in Lesotho. The massive diamond has not yet been named and is undergoing further assessment in Antwerp. The Letseng Mine is kn...

553 Carat Rough Diamond Recovered by Gem Diamonds CLICK HERE TO VIEW POST

Gold Price Hits New High Near $1,900

By Erika W. The price of gold edged closer to $1,900 an ounce on August 22 with a record spot price of $1,894. In a July interview with Bloomberg, John Taylor, founder of FX Concepts LLC, predicted gold prices will reach $1,900 an ounce by October. Read more about rising gold prices. P.M. Kitco Metals ...

Gold Price Hits New High Near $1,900 CLICK HERE TO VIEW POST

Diamond and Jewelry News Roundup – August 17, 2011

By Erika W. Some of the latest stories in diamond and jewelry news... BBC News Video: Making diamonds with a blowtorch DIY Diamonds Natural diamonds are formed in the intense pressure and heat of the Earth's mantle at depths of over 100km. Jem Stansfield attempts to grow diamond crystals, using th...

Diamond and Jewelry News Roundup – August 17, 2011 CLICK HERE TO VIEW POST

ABC News Video: Following Lead of Celebrities, Ordinary Women Sell Break-up Bling

By Erika Winters Breaking up is hard enough, but what to do with the jewels? If you're Jennifer Lopez or Ellen Barkin, it's Harry Winston or Christie's to the rescue, but what about the rest of us? Rather than pawning or trying ebay, many folks are gravitating to websites designed to sell "break-up bling." Wat...

ABC News Video: Following Lead of Celebrities, Ordinary Women Sell Break-up Bling CLICK HERE TO VIEW POST

Kimberley Process News Roundup – August 2011

By Erika W. The latest in Kimberley Process news... Rapaport - After Kimberley… Now What? By now it should be clear that a Kimberley Process (KP) certificate does not ensure a diamond is free of human rights violations or other serious ethical problems. In fact, a KP certificate does not even ensure that...

Kimberley Process News Roundup – August 2011 CLICK HERE TO VIEW POST

Gold Price Soars Past $1,700

By Erika W. The price of gold soared to a record high of $1,722.40 per ounce on August 8, 2011. The gold price is now on par with platinum, which was trading at a spot price of $1,712 per ounce today. In a recent Bloomberg interview, John Taylor, founder of FX Concepts LLC, predicted gold prices will reach $...

Gold Price Soars Past $1,700 CLICK HERE TO VIEW POST

$15K Diamond Contact Lenses – Need some twinkle in your eyes?

By Erika W. Are your eyes lacking that extra sparkle? These $15,000 diamond contact lenses could do the trick...especially if you're going for that twinkly Un-Dead look. Or maybe you're tired of people not noticing your diamonds? Well, then stick them in your eyes! (..in the form of a protective contact l...

$15K Diamond Contact Lenses – Need some twinkle in your eyes? CLICK HERE TO VIEW POST

Video: Rapaport Fair Trade Diamond, Jewelry Panel Discussion

By Erika W. Click on the link below to watch Rapaport's Fair Trade Conference, which was held at JCK 2011. Panel guests included Toby Pomeroy, board member of the Alliance for Responsible Mining, (ARM) Eric Braunwart, CEO of Columbia Gem House, and John Hall, Manager of Corporate Relations with Rio Tinto and Vi...

Video: Rapaport Fair Trade Diamond, Jewelry Panel Discussion CLICK HERE TO VIEW POST

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