Blue Sapphire
507.55 Carat Diamond Found At Cullinan Mine
A 507.55-carat white diamond was recovered September 24 at the Cullinan diamond mine in South Africa. Initial review of the diamond indicated it has exceptionally white color and high clarity. The diamond is currently undergoing expert analysis to document color and clarity grading and to determine if the diamond is Type II (lacking yellow producing [...]
Continue reading...St. Petersburg Initiative Becoming a Reality
Compared with the countless gatherings where people in the diamond business get together simply to assess the scope of “the catastrophe” — either the one that has just happened or the one to come — something serious and of great potential consequence has finally emerged from recent industry meetings. The creation of the International Diamond [...]
Continue reading...BIRKS Proudly Announces Olympic Gold medallist, Jennifer Heil as its New Ambassador
BIRKS is proud to celebrate the achievements of the 2006 Gold medallist and reigning Olympic champion, Jennifer Heil, by naming her the new BIRKS Ambassador. “Jennifer is a fabulous young woman whose spirit, talent, strength and passion is obvious both on and off the ski hill. We are proud to welcome her to BIRKS,” says [...]
Continue reading...Rough diamonds: The beauty of real, raw gems
It is time to redefine one of the best-known clichés in the English language. “A rough diamond” imputes true beauty and value only to the potential polished and finished item – be it the gem or human variety – and not to the dull, gnarled nugget before us. But now rough stones are being sought [...]
Continue reading...Tiffany son created jewels from glass
The name Tiffany is synonymous with the finest of jewelry and a visit to an exhibition at the Luxembourg Museum devoted to Louis Comfort Tiffany is like standing inside a jewel box — without a jewel in sight. The son of the founder of New York-based Tiffany & Co. preferred glass. His creations, from vases [...]
Continue reading...Sri Lanka on the lookout for new opportunities
“One of the main goals for the industry this year is to stay afloat, and aim for better sales next year,” Deshabandu M Macky Hashim, chairman of the Sri Lanka Gem & Jewellery Association, told Jewellery News Asia, adding that the country’s gemstone industry, is aiming to generate exports of about US$1 billion in 2010. [...]
Continue reading...Burma’s gem industry: profit that fills the generals’ pockets
To promote production of gems and jewellery, Burma’s Ministry of Mines said it is allocating six blocks in three states to local entrepreneurs to mine gems, an official at the ministry said. An official at the Ministry of Mines in Naypyitaw said, the six blocks, located in Shan state’s Mongshu and Namhyar, Kachin state’s Moenyin [...]
Continue reading...Gem Industry Seeks Child Labor Ban
Child labour could be ended in the gemstone cutting and polishing industry under recommendations unanimously approved today by international union leaders from the sector. The proposals stem from representatives of the world’s gemstone industry employers and unions, and of governments, meeting in Bangkok this week. Held by the UN’s International Labour Organisation (ILO), the workshop [...]
Continue reading...Ahead of the Bell: Blue Nile downgraded
Shares of Blue Nile Inc., an online jewelry retailer, were downgraded by a Citi Investment analyst due to a recent runnup in its share price. Since the beginning of the year, Seattle-based Blue Nile’s share price has more than doubled, closing at $59.11 on Friday Last month, Blue Nile said second-quarter profit fell 11 percent [...]
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