News

Gemesis Inc., a leading retailer and wholesaler of lab-grown diamonds has rebranded itself as Pure Grown Diamonds Inc. “Each of us in the diamond industry is proud of our values, especially of honesty and disclosure. Lab-grown diamonds are truly innovative and represent an incredible category. The new name reinforces our commitment to disclosure and transparency,” said Lisa Bissell, President and CEO of Pure Grown Diamonds, who will spearhead the rebranding campaign.

via Gemesis renamed as Pure Grown Diamonds – DiamondWorld.net

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For years, Nashville’s Diamond Wars have been confined to the radio airwaves. Now, one jeweler is taking another to court.

Genesis Diamonds has filed suit in Davidson County Chancery Court against Village Jewelers, alleging defamation, violation of various consumer protection laws and intentional interference in business relationships.

In the suit filed Monday, Genesis alleges Village owner George Khoury — a former Genesis employee — has made disparaging remarks for “several years” about Genesis owner Boaz Ramon.

via Genesis sues Village Jewelers in latest round of Diamond Wars | nashvillepost.com.

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Diamonds.net – Market Comments 6/19/2014

Polished diamond markets quiet ahead of U.S. summer vacation. Hong Kong fair begins with reduced expectations for polished trading following relatively weak JCK Las Vegas show. Rough market firm and prices stable after $640M De Beers sight. Cutters fighting for survival with low profit margins and tight liquidity. Petra Diamonds recovers 122.52ct. blue diamond at [...]

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Detecting diamonds with X-ray technology

Currently, the diamond industry is already using X-rays in order to find the coveted gems. The conventional process, however, can detect the diamonds only at the surface of the ore. The diamonds irradiated and activated by X-rays emit light in the optical spectrum. “With particularly pure specimens, this technology does not work because it is [...]

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Good time to be in diamond exploration – Botswana Diamonds

JOHANNESBURG (miningweekly.com) – Improved demand for diamonds coupled with flat supply was making this a good time to be conducting diamond exploration, Aim-listed diamond explorer Botswana Diamonds chairperson John Teeling said in a statement on Monday. He pointed out that the fundamentals of diamonds were “very strong” and that during the recent “bad years” demand [...]

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Diamonds.net – Pink Diamond Sells for $83M at Sotheby’s

RAPAPORT… History was made this evening at Sotheby’s autumn sale of magnificent jewels in Geneva when the Pink Star, renamed the Pink Dream, a 59.60-carat, internally flawless fancy vivid pink, type IIa diamond sold for $83,187,381, or $1,395,761 per carat, a new world auction record for any diamond or any jewel. It was purchased by [...]

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