An internally flawless bubble gum pink diamond weighing 3.44 carats was the colorful star of Christie's Hong Kong auction on Tuesday as it sold for $7.5 million, or $2.2 million per carat. The cushion modified brilliant-cut diamond — aptly dubbed "The Bubble Gum Pink" — is set in a ring by luxury jeweler Moussaieff. The […]
The chairman of Lucapa Diamond Company told stockholders Monday that his exploration team is closer than ever to striking the mother lode at the flagship Lulo site in Angola. While Lulo already has a reputation for turning out large, high-quality diamonds at its alluvial deposit, chairman Miles Kennedy believes the prospect of "huge wealth" is […]
A fluffy pink fungus that thrives on gold is the latest in a series of low-impact exploration tools available to Australian miners. Geologists from Australia’s national science agency, CSIRO, reported that a thread-like fungus found 130 km southeast of Perth, has the ability to draw gold from the soil. What's special about the fungus, called […]
Welcome to Music Friday when we bring you fun songs with jewelry, gemstones or precious metals in the title or lyrics. Today, Youtube sensation Vidya Vox merges Indian classical music with Western pop, hip-hop and electronica in her 2017 release, "Diamonds." This high-energy track opens with the description of a bedazzled Indian dancer. Vox sings, […]
Eileen Korey, a former reporter, used her sleuthing skills to solve the mystery of a diamond engagement ring that unexpectedly appeared in the tray of her Subaru after a technician replaced the car's airbag. "I literally got in the car and there was this tiny little diamond ring sitting on the tray by the cupholders," […]
A Swiss gem lab used radiocarbon age-dating to affirm the 16th century origins of a 30.24-carat natural saltwater pearl once owned by a Spanish princess. It was the first time such a procedure had been conducted on a natural pearl. The Swiss Gemmological Institute (SSEF) used the cutting-edge science to date the historic "Ana Maria […]
Debmarine announced it will be investing $468 million on the world's first-ever custom-built diamond recovery vessel. When it joins the Debmarine fleet in 2022, the new ship will have the capacity to extract 500,000 carats annually from the coastal waters off Namibia — boosting the country's annual diamond output by 35%. Debmarine is a 50/50 […]
Welcome to Music Friday when we bring you fun tunes with jewelry, gemstones or precious metals in the title or lyrics. Today, country star Don Williams sings about how marital stress can be a good thing in his 1983 tune, "Pressure Makes Diamonds." In the song, Williams admits that he and his wife have endured […]
The massive 425-carat gem-quality diamond discovered in March at the Cullinan mine in South Africa has a new name and new owners. Petra Diamonds announced that it sold the D-color rough stone to Dubai-based Stargems Group and Belgium-based Choron for just under $15 million. Before it was sold, Petra named the gem "Legacy of the […]
An art deco-style emerald necklace from the collection of American socialite Helene Beaumont and a 36.57-carat near-flawless diamond shared the spotlight at Sotheby's Magnificent Jewels and Noble Jewels sale in Geneva yesterday. These top two items sold for $3.6 million and $5 million, respectively, accounting for more than 20% of the auction's total sales of […]