The Israel Diamond Exchange (IDE) is officially launching a ground-breaking new campaign to encourage international buyers to purchase diamonds at the bourse. Called Fly to Buy, the campaign will enable diamond buyers to fly to Israel for free from October to December 2018, if they purchase $150,000 worth of diamonds during their visit to the exchange.
Israel’s Diamond Exchange, one of the three largest worldwide, is launching cryptocurrency in what it said Wednesday is a bid to increase trade and make transactions more efficient and transparent.
Indonesia Central to Nickel Market in 2018 2018-10-02
This is according to the latest nickel report ‘nickel: five things to look for in 2018' from Wood Mackenzie, which adds that China's financial pledges to Indonesian-based companies five years ago are bearing fruit. Indonesia will produce 25% of the world's nickel ore in 2018, with a larger proportion than ever being processed locally to nickel pig iron. Most of that will be used by the world's newest and largest single-site stainless melting complex which, in turn, offers a serious threat to the long-established yet financially exposed stainless melt shops in the West, the report says.
Christie’s Geneva auction will present the largest and finest fancy vivid pink diamond ever offered at auction by the company with a price estimated between $30m to $50m (£22.8m to £38m). Weighing just under 19 carats (18.96 carats), the rectangular-cut gem named the The Pink Legacy will lead Christie’s Magnificent Jewels auction, held at the Four Seasons Hotel des Bergues in Geneva.
With gold trading down for most of the year, talk has begun to circulate about whether a bottom is near for the yellow metal. After beginning the year trading near US$1,300 an ounce, it recently broke through the US$1,200 level and has traded as low as US$1,160.50. Gold has since retraced its steps from that low to US$1,200 again, but it remains near 52-week lows.
A never-before-seen mineral has been discovered in a stunning 'super-deep diamond' formed in the Earth's mantle. Calcium silicate perovskite is usually buried 400 miles below the surface and is thought to be the planet’s fourth most abundant mineral.
A 42.26-carat diamond recovered by Canadian junior Tango Mining (TSXV: TGV) fetched almost half a million dollars at the Kimberley Diamond Exchange, the company announced today. In detail, the gem was sold on tender for $11,267 per carat.
A renowned vintage machinery collection containing some of the rarest tractors in the world has sold for more than $1 million at an auction in Western Australia. Belonging to the late Tony Pailthorpe, the collection of International Harvester Company agricultural machinery was believed to be the largest in the southern hemisphere.
Prince‘s estate is selling off the late singer’s private retreat in Turks and Caicos in a closed bid auction on July 12. While there’s no minimum bid for the property, which is set on five sandy acres on the island of Providenciales, the $100,000 check required of interested buyers for the opportunity to bid offers an idea of the price point.
Following the unveiling of a rare Chinese painting Wood and Rock by Su Shi at Christie’s Hong Kong in the morning of 30 August, Sotheby’s also presented four pieces of highlights from the coming Chinese works of art autumn sales in Hong Kong on the same day. The sale series is expected to fetch in the range of HK$1 billion (US$128million).
The “Iris” necklace is centered on a 35.63-carat marquise-cut cat’s eye white moonstone from India. There also are 35 round cabochon blue moonstones in the necklace, each weighing 0.50 carats, and 164 ideal-cut diamonds weighing 1.20 carats total, ranging from D to F in color and VVS to internally flawless in clarity.
At the 52nd International Paris Air Show, Eviation Aircraft, a member of NASA’s on-demand mobility program, unveiled the first prototype of a new all-electric aircraft concept with a range of up to 600 miles (965 km) – pictured above. While it was the prototype’s debut this week, Eviation says that they are already flying proof of concept missions, and they plan to move into certification and commercialization as soon as next year.
Sotheby’s is proud to present the magnificent Pink Star, one of the world’s great natural treasures. The largest Internally Flawless, Fancy Vivid Pink diamond that the GIA has ever graded, this 59.60 carat diamond is a true masterpiece of nature.
Most expensive diamonds in the world 2017-02-24
For thousand of years, most expensive diamond become one of the most popular collection of the rich and the king. Diamond is one of the most wanted mining products. You can be rich instantly if you found a big and rare diamond in the backyard of your house.
Diamond de-industrialization 2017-02-24
Analysts are unanimous in asserting that public welfare in recent years has been growing across the world, saying that if this is so, demand for jewelry is growing as well. Meanwhile, diamond consumption and diamond prices are inexorably going south in the last few years.