The Diamond Trading Company (DTC) today advised all applicants for the DTC’s 2012-2015 Supplier of Choice contract period that there is just one week left to submit their completed Contract Proposal Questionnaires (CPQs). To be eligible for consideration, all CPQs must be submitted via the DTC’s newsightholdercontract.com website by 23.59 (BST) on 7th July 2011. [...]
$300 Million Diamond Class Action Settlement Case To Continue in February
Back in 2001, plaintiffs in several states of the United States filed lawsuits in state and federal courts against De Beers, the largest supplier of rough diamonds in the world, alleging that De Beers unlawfully monopolized the supply of diamonds, conspired to fix, raise, and control diamond prices, and issued false and misleading advertising. While [...]
GIA Reports on a diamond that displayed strikingly different fluorescence behavior between the table and pavilion facets, a clear indication of irradiation
A new GIA Laboratory report called “Using the DiamondView to Detect Irradiation-Induced Defects in a Brown-Orange Diamond”, by Sally Chan and Paul Johnson of the GIA Laboratory in New York reports on using the DTC DiamondView to detect irradiation-induced defects in a brown orange diamond. “Fluorescence is an important property of diamonds, which have characteristic [...]
Everlon Diamond Knot Collection Made a Strong Jewelry Statement at the 62nd Annual Emmy Awards
Dressed in an array of bright and bold solid colored gowns, television’s biggest stars dazzled in brilliant diamonds styles on the red carpet at the 62nd Annual Emmy Awards. Statements were made in classic diamond drop earrings, breathtaking diamond bracelets and diamond cocktail rings. From comedy to drama, scripted to reality, the small screen’s brightest [...]
Entire Court Judgment in EU Decision over De Beers Rough Supply with Alrosa
JUDGMENT OF THE COURT (Grand Chamber) 29 June 2010 () (Appeals – Dominant position – Regulation (EC) No 1/2003 – World market in rough diamonds – Individual commitments by a company to cease purchasing rough diamonds from another company – Decision making a company’s individual commitments binding and terminating the proceedings) In Case C-441/07 P, [...]
Strong Demand Witnessed at Diamdel Diamond Auctions; All 138 Diamond Lots Offered at Auction Sell
Strong demand was witnessed in January to March Diamdel sales, driven by small and medium scale specialist manufacturers. According to a news release, there was a notable increase in the strength of the Israeli market. Alongside traditional, placed sales made during the first sales cycle of 2010, Diamdel sold a full range of De Beers’ [...]
Sotheby’s to Auction 5.02 Carat Alexander Reza Blue Diamond in Geneva
Following the triumphant success of the sale of an important “De Beers Millennium Blue Diamond” from an Important Private Collection (a 5.16-carat Pear-shaped Internally Flawless Fancy Vivid Blue Diamond mounted as a ring) at Sotheby’s Hong Kong for the price of US$6,402,564, Sotheby’s has announced the sale of another spectacular 5.02-carat blue diamond in its [...]
5.16 Carat Blue Diamond from De Beers Millennium Jewels Collection Sells to Moussaieff of London for over $6.4 Million at Sotheby’s Auction (UPDATED)
The Sotheby’s Hong Kong’s Magnificent Jewels and Jadeite Spring Sale 2010, which was topped by a diamond Riviere necklace comprising 50 D-colour internally flawless white diamonds which commanded an extraordinary price of US$6.7 million, saw the 5.16-carat pear-shaped internally flawless fancy vivid blue diamond which was one of the 11 magnificent blue diamonds formerly in [...]
5.16 Carat Blue Diamond from De Beers Millennium Jewels Collection Sells for Over $6.4 Million at Sotheby’s Auction
Previously part of the legendary De Beers Millennium Jewels Collection, a 5.16-carat Pear-shaped Internally Flawless Fancy Vivid Blue Diamond from an Important Private Collection, with an estimate of US$4.6-US$5.9 million, sold for $6.43 million. “Sotheby’s boasts a stellar record of being entrusted with the sale of some of the most important fancy vivid blue diamonds [...]
De Beers Seeks Full Retraction of African Diamonds Statement on Share Disposal
De Beers says it is seeking a full retraction of the statement by African Diamonds that claimed that De Beers failed to notify the company of a disposal of shares. “We take our regulatory obligations extremely seriously and confirm that we made the necessary filings in accordance with the relevant regulations. We are seeking a [...]
Diamdelrsquo;s Auctioning Partner, Curtis Fitch, positioned in the Visionaries Quadrant of the 2010 Magic Quadrant for Strategic Sourcing Suites
pCurtis Fitch, a leading provider of eSourcing solutions, today announced that Gartner, Inc., a leading independent provider of research and analysis on the global information technology industry, has positioned Curtis Fitch in the visionaries quadrant of the latest Magic Quadrant for Strategic Sourcing Suites report. The report evaluated software providers based on their ldquo;Ability to [...]
Seafield signs agreement with De Beers and AngloGold Ashanti
pSeafield Resources has signed a Memorandum of Understanding with a recently established marine exploration and mining joint venture formed by De Beers (DB) and AngloGold Ashanti (AGA)./p pThe DB/AGA joint venture has committed to fund the Seafield prospecting and exploration activities for at least the next three years, or until the initial funding is exhausted, [...]
