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Lucapa
Lucapa Revenue Plummets in Second Quarter
Sales of rough from Lucapa Diamond Company’s Lulo mine in Angola plunged in the second quarter, as both the average price and carats sold fell sharply due to the coronavirus pandemic.Revenue slid 80% year on year...
Mining Jul 13, 2020 Rapaport News
Christie's
29ct. Diamond Sets Online Record at Christie’s
Christie’s brought in more than $4 million at its latest digital sale, with a 29-carat diamond earning the highest online price ever for a jewel.The emerald-cut, 28.86-carat, D-color, VVS1-clarity, type IIa diamond ring garnered $2.1...
Polished Markets Jul 01, 2020 Rapaport News
Sotheby's
Graff Pieces Sell Out at Online Sotheby’s Auction
Sotheby’s achieved $3.3 million at its online Fine Jewels auction, driven by proceeds from its sold-out collection of Graff pieces.The total beat the company’s high estimate of $2.8 million for the sale, the auction...
Polished Markets May 04, 2020 Rapaport News
Christie's online sale
Christie’s Online Jewelry Auction Sells Out
Christie’s garnered $1.4 million from its Jewels Online sale, selling 100% by value.An emerald and diamond necklace from Graff’s Icon collection was the top lot, fetching $52,500, against a high estimate of $15,000,...
Polished Markets Apr 26, 2020 Rapaport News
Lucapa
Lucapa Inks Polishing Partnership for Mothae
Lucapa Diamond Company has created a partnership with a high-end diamantaire to cut and polish a portion of rough from the Mothae mine in Lesotho.The miner sought the deal after coronavirus lockdowns halted sales of its diamonds...
Mining Apr 16, 2020 Rapaport News
Graff
Graff Donates $1M to Fight Pandemic
Diamond jeweler Graff will contribute $1 million to help at-risk countries stem the spread of the coronavirus.The company will give the money through its charity foundation to the COVID-19 Solidarity Response Fund, which was...
Retail Apr 13, 2020 Rapaport News
Stuller
More Jewelers Close Up Shop Due to COVID-19
A number of jewelers and manufacturers are shutting temporarily following government orders amid the coronavirus outbreak.Stuller has closed its Louisiana headquarters and suspended all on-site operations in accordance with Governor John Bel Edwards’s...
Retail Mar 24, 2020 Rapaport News
Lucapa
Lucapa Nets First Funds from Graff Partnership
Lucapa Diamond Company has garnered $4 million in revenue from the first share of proceeds through its manufacturing partnership with Graff unit Safdico, it said Tuesday.Under the partnership, which Lucapa announced in January, Safdico has...
Mining Mar 24, 2020 Rapaport News
Gem Diamonds
Gem Diamonds Retrieves Another Five Big Stones
Gem Diamonds has recovered five large, high-quality stones at its Letšeng mine in Lesotho, continuing a strong first quarter for the company’s production.The company unearthed four white diamonds weighing 88, 56, 53 and 33 carats...
Mining Mar 08, 2020 Rapaport News
Lucapa
Graff Unit Signs Polishing Deal with Lucapa
Graff-owned diamond manufacturer Safdico will cut and polish a portion of rough from the Lulo mine through a partnership with Lucapa Diamond Company.Safdico will have the rights to buy up to 60% of Lulo’s annual rough production...
Mining Jan 29, 2020 Rapaport News
Graff
Graff Hires US Chief to Help Expand Business
Graff has appointed Marc Hruschka CEO of its US operations as part of its efforts to reach new customers and grow its business.“We aim to become more dynamic, broadening our product offering to include everyday diamonds and...
Retail Jan 15, 2020 Rapaport News
Top Diamonds of 2019
Diamonds That Created a Buzz in 2019
It was another big year for big diamonds, with several stones that raked in big bucks, set records, or otherwise made headlines. These were the stones that caught our attention in 2019.Biggest money makers1....
Polished Markets Dec 31, 2019 Leah Meirovich
Alrosa Firebird
Graff Buys 21ct. Polished Yellow from Alrosa
Alrosa has sold its celebrated Firebird diamond to Graff, achieving one of the highest per-carat prices for a stone of its type in recent years, the miner said.Alrosa did not disclose the final sale price...
Polished Markets Dec 24, 2019 Rapaport News
Phillips
Phillips Garners Nearly $10M at Hong Kong Auction
Phillips’s Hong Kong sale brought in $9.6 million, with a ruby ring standing out as one of the top-selling items, the auction house said Tuesday. The 5.22-carat pigeon’s blood Burmese ruby and diamond ring...
Polished Markets Nov 26, 2019 Rapaport News
Christies
7ct. Blue Fetches $12M at Christie’s Geneva
A fancy-deep-blue diamond ring by Moussaieff fetched nearly$12 million at Christie’s Geneva auction Tuesday, becoming the most expensivepiece of jewelry sold this season, the company said. The rectangular-cut, 7.03-carat, VVS2-clarity stone sold toa private...
Polished Markets Nov 13, 2019 Rapaport News
Bonhams
Graff Bracelet Exceeds Expectations at Bonhams
An emerald and diamond bracelet by Graff fetched more than four times its highestimate at Bonhams, leading an auction that saw many pieces crush presale estimates. The piece, which was the subject of a fierce bidding...
Polished Markets Sep 25, 2019 Rapaport News
Graff Lesotho Pink ring 150
Graff Reveals Polished Lesotho Pink
Graff has unveiled the polished pink diamond it cut from the13.33-carat rough it purchased from Gem Diamonds in March. The jeweler set the pear-shaped, 5.63-carat, fancy-vivid-purplish-pinkstone in a rose-gold ring. Two pear-shaped shoulder stones, from...
Polished Markets Aug 25, 2019 Rapaport News
Gem Diamonds
Gem Diamonds Unearths 135ct. Yellow
Gem Diamonds has recovered a 135-carat yellow at its Letšengmine in Lesotho, the third significant colored-diamond discovery at the depositthis year. The company retrieved the high-quality, type I stone on June21, three months after the mine...
Mining Jun 25, 2019 Rapaport News
Graff
Graff Cuts 302ct. Diamond from Lesedi La Rona
Graff has unveiled the 67 polished stones it cut from the 1,109-carat Lesedi La Rona, including a record-breaking 302-carat diamond.The jeweler has named the square emerald-cut, 302.37-carat, D-color diamond the Graff Lesedi La Rona. It has...
Polished Markets Apr 10, 2019 Rapaport News
Gem Diamonds
Letšeng Mine Yields 134ct. Yellow
Gem Diamonds has unearthed a 134-carat yellow, the second significant colored diamond it has found this year. It discovered the high-quality, type I stone on March 31 at its Letšengmine in Lesotho, the company said Sunday. The last...
Mining Apr 01, 2019 Rapaport News
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