Headlines

Christie’s Sells Winston Pink Legacy For $50M, Record Price Per Carat

Christie’s sold the 18.96-carat Winston Pink Legacy, the largest and finest fancy vivid pink diamond it has ever auctioned, for $50,375,000, a world auction record price per carat for a pink diamond of $2,656,909.

Graff Diamonds Cuts Unveils 60 Stones Cut From 1,109-Carat Lesedi La Rona

Graff Diamonds has unveiled more than 60 polished diamonds that were cut the 1,109 carat Lesedi La Rona stone, the largest rough diamond found in more than a century.

WDC Voices Support For Expanded Definition Of Conflict Diamonds At KP Plenary

The World Diamond Council (WDC) and the Civil Society Coalition (CSC) voiced their strong support for an expanded definition of conflict diamonds at the Plenary Session of the Kimberley Process (KP) in Brussels.

World Diamond Council AGM Reaches Consensus on Key Reforms

The World Diamond Council (WDC) held its 14th Annual General Meeting (AGM) in Mumbai, reaching consensus on critical areas of reform for both the Kimberley Process and the WDC System of Warranties (SoW).

Alrosa to Piloting GIA's M2M Provenance Program

The GIA announced that Alrosa, the world’s largest producer of rough diamonds, is piloting the Institute’s M2M program.

Blue Nile Opens New Diamond and Jewelry Expert Facility

Blue Nile, Inc. the largest online retailer of certified diamonds and fine jewelry, has opened a new facility for its Diamond and Jewelry Consultants, continuing the brand's commitment to providing the industry's most advanced service.

Yoram Dvash to Head New WFDB Strategic Initiatives Committee

Yoram Dvash, President of the Israel Diamond Exchange (IDE), has been appointed to head a new committee of the World Federation of Diamond Bourses (WFDB) to undertake strategic initiatives to advance the global industry, the IDE said in a statement.

Petra Diamonds Appoints Former DTC CEO Varda Shine To Board

Petra Diamonds has appointed former Diamond Trading Company CEO Varda Shine as an independent non-executive director with effect from 1 January 2019.

The mining firm also appointed Bernard Pryor to the same position, saying that the appointments were made in accordance with the Nomination Committee’s three year Succession Plan which is in line with Petra’s development "from a phase of intensive capital expenditure and expansion to a focus on steady-state operations".