Barely a month after the grand inauguration of the Surat Diamond Bourse (SDB), promoters of Kiran Gems and Diamonds, one of the largest diamond companies in India, have chosen to return to Bharat Diamond Bourse (BDB) in Mumbai for now. Officials at SDB have said this is a temporary arrangement and the decision is grounded in the anticipation of a fully operational Surat bourse later this year.
Kiran Gems and Diamonds is chaired by Vallabh Lakhani, who also serves as the chairman of
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A lucky youngster got the birthday gift of a lifetime when he discovered a 2.95-carat golden brown diamond in Arkansas.
The budding gemologist discovered the diamond while celebrating her seventh birthday at the Crater of Diamonds State Park in Murfreesboro, Arkansas, according to a news release from the park.
Aspen Brown’s September 1 discovery “was the second-largest registered by a park guest this year, topped only by a 3.29-carat brown diamond discovered in March,” said the release.
“Brown was visiting the park with her father and grandmother to celebrate her birthday,” the release reads. “Brown picked up a
Geneva — An exceptionally rare blue diamond went under the hammer in Geneva Tuesday, selling for almost $44 million, making it one of the most expensive diamonds ever sold at auction, Christie’s said. Weighing 17.61 carats, the Bleu Royal is the largest internally flawless fancy vivid blue gem ever to appear for sale in auction history.
It was the star lot in a series of luxury sales in Geneva this month, which also featured items from film history including pearls worn by Audrey Hepburn and Marlon Brando’s self-engraved watch.
The Bleu Royal had been expected to fetch between $35 million
As per a report in The Times of India, rumors began to circulate around 9 am on Sunday, with whispers that an unlikely trader had tossed CVD (a type of lab-grown diamond) gems onto the road after they reportedly plummeted by a staggering price 30%.
Word of this potential windfall quickly spread, prompting a rush of people eager to collect the diamonds. However, it was later
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Pink diamonds are extremely rare and coveted — a now-closed mine in Australia has been the source of 90% of the colored gemstones. Polished pink specimens of the highest grade can sell for tens of millions of dollars. But a discovery made in the same area may help reveal new deposits of the jewels, researchers say.
Scientists studying Western Australia’s Argyle diamond deposit, where the mine was located, say they now have a better understanding of the
Diamond factories of Surat have resumed operations from Monday after a recession-induced Diwali vacation of 36 days — the longest ever. All diamond factories are expected to become fully operational by the first week of December, say traders and businessmen.
The office of the Surat Diamond Association also reopened on Monday.
Generally, Diwali vacation in the diamond industry lasts for 20 days. However, due to the poor demand for diamonds in the international markets, especially in the US, the workers were sent on vacations early this year; October 21 was the last working day for the Surat factories.
“There is
A Milestone in the History of Technology
SAN FRANCISCO, Nov. 6, 2023 /PRNewswire/ — Diamond Foundry Inc. (“DF”) today announced that it has created the world’s first (100mm) single-crystal diamond wafer.
A culmination of work that DF team members started three decades ago, creating the first diamond wafer required an entire stack of technologies to be developed including the creation of single crystal lattice on scalable substrates, large area diamond ingot growth, diamond singulation technology, and precision -surface processing.
The world’s first single-crystal diamond wafer — and also the largest-sized diamond that ever existed on Earth.
No wafer-sized diamond
This week witnessed the inauguration of the Surat Diamond Bourse, the world’s largest and most modern center for international diamond and jewelry business. A total of 146 MPs — 100 from Lok Sabha and 46 from Rajya Sabha were suspended for creating a ruckus and disrupting proceedings in both Houses, while they were demanding a statement from Union Minister Amit Shah about the Parliament security breach incident. In other news, the South Tamil Nadu districts particularly Tirunelveli and Tuticorin witnessed record rainfall and flooding that was unprecedented and historic.
