Diamond

French tourist finds 7.46-carat diamond in US national park

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A French tourist struck luck on a visit to a US national park when he found a 7.46-carat diamond in 37 acres of muddy earth.

Julien Navas from Paris was visiting Arkansas‘ Crater of Diamonds State Park for the first time during a trip to the US to see the Vulcan Centaur rocket launch from Cape Canaveral when he made his discovery.

The park is one of the few places in the world where the public can search for real diamonds.

“I got to the park around nine o’clock and started to dig,” Mr Navas said.

“That was back-breaking

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Diamond

Diamond Market Worsens in September

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RAPAPORT PRESS RELEASE, October 12, 2023, Las Vegas… Diamond prices fell further in September as retail sales weakened amid competition from synthetics. Polished inventories were still high relative to sales expectations, despite lower production.

The RapNet Diamond Index (RAPI) for 1-carat diamonds fell 5.2%, making it the worst month for that category since the peak of the Covid-19 downturn in March 2020. The 0.30-carat RAPI dropped 3.5%, while the index for 0.50-carat goods slid 7.1% and 3-carat diamonds declined 2.5%.

The RAPI only reflects D to H colors and IF to VS2 clarities. Prices for 1-carat, DL, SI1-SI2 items on

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Diamond

Diamond Foundry Creates World’s First Diamond Wafer & Largest Diamond on Earth

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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.

The world’s first single-crystal diamond wafer — and also the largest-sized diamond that ever existed on Earth.

No wafer-sized diamond

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Diamond

Top news this week: Diamond Bourse letter, PM Modi reply on Pannun assassination, IPL Auction, MPs suspension and more

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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.

Here are the key news highlights from the week.

PM inaugurates

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