Glittering Stones News,Diamonds news,Gems and jewelry news

The Cullinan Heritage - 507ct white diamond (Image Src - miningweekly)

Johannesburg – The 507 carat egg sized white diamond discovered by Petra Diamonds in Cullinan Mine South Africa has been named “the Cullinan Heritage”. The stone is put on for sale this week by Petra Diamonds. It is one of the 20 largest high quality rough diamonds ever to be found in the earth.

The name Cullinan Heritage is derived has the stone origin from Cullinan mine which has produced majority of worlds famous diamonds and its day of recovery. The day was heritage day in South Africa.

The company is expecting to sell 100 gram diamond for $ 25 million. Actually, the analyst has placed the diamond price at around $20 million, but it is expected a raise in diamond’s sales prices due to buyers demand and rising of rough diamond prices. Its sale enhances the company annual financial results.

The level of interest for Cullinan Heritage is getting increased in diamond market which began in early October.

The Petra says that, it is rare to view diamond of such size and quality which is to be sold and people shows more interest in viewing the diamond and bidding it.

The company listed on London alternative investment market had a first half profit on higher production and sales, and adjustments related to Cullinan mine.

The Gemological Institute of America (GIA), Thailand will host its 33rd gemstone gathering on February 24 2010. In the gathering, Mr. Richard W. Wise, a graduate gemologist and president of R.W. Wise goldsmiths will share his experience as a gem explorer and author.

Richard who began his career as a goldsmith has traveled from the ruby mines of upper Burma to the outback of Australia and Brazil hinterland for black pearl farms of Tahiti in search of rare and beautiful gemstones. Also, he interviewed the world famous gemstone experts and received their entrée for private collections. He recently completed his first novel, the French blue based upon the life of the 17th century gem dealer jean baptiste Tavernier.

Richard’s “Secrets Of The Gem Trade, The Connoisseur’s Guide To Precious Gemstones“, presents a variation of classic 4 C’s applied to the grading diamonds which he calls The Four C’s of Connoisseurship” or the four factors for quality-grading colored gemstones and pearls. Wise discuss the history and use of these four factors as they relate to grade ruby and sapphire.

The event begins at 6 pm in Pacific Rooms 1 – 3. Light refreshments will be provided.

Venue
Pan Pacific Bangkok Hotel,
952 Rama IV Road, Bangkok 10500.

Event gatherings are eligible for an autographed copy of the French Blue.

The Responsible Jewellery Council issued a statement to its members regarding the caution in dealing the diamonds illegally smuggled out of the marange field in Zimbabwe.

The council reminded its member that no one should trade in exported Marange diamonds and members should demonstrate the due diligence as they comply with the KPCS and world diamond system of warranties. Also, they instructed the members to exercise extreme caution when buying rough diamonds from the market and ensure that the diamond do not originate from marange due to KPCS current suspension. Since Zimbabwe is under KP examine, all exports from marange must bear the signature on KP certificate.

The council reported that the placing of auditors for extra level of vigilance on potential for non-conformances in the area will be ensured. Updation for auditors regarding the training delivered by RJC and alerts on relevant developments will be provided.

Diamond Jewelry in Grammy Award

Music world were floored by diamonds at Grammy 2010 awards function.

The talented musicians arrived at the ceremony were dressed over with diamonds. The artist was outfitted in diamonds over the night to enhance the music industry function, a great show.

The musicians were dressed up with diamonds, diamond earrings, bracelets, rings, necklaces and other dazzling jewels.

$2.5 million worth of diamonds inclusive of diamond pendant earrings, diamond hair pin, stacked diamond line bracelets, diamond ball ring and diamond deco ring were dressed by pink. The grammy winners taylor swift was in display with twelve carat diamond pendant earrings custom made by Lorraine Schwartz and ofira. Katy perry diamond skull earrings were perfect marriage earrings. In the award ceremony, Nicole Kidman in antique diamond cluster earrings and Beyonce in diamond and yellow gold pave pendant earrings and yellow gold flower rings. Alfre Woodard, Loree Rodkin was wearing long pave diamond earrings and Anthony Hamilton was in black diamond stud earrings.

Beyonce, Britney Spears, Carrie Ann Inaba, Celine Dion, Chantel Christie, Chrissy Tiegan, Ciara, Colbie Caillat, Flo Rida, Heidi Klum, Jennifer Hudson, Jennifer Nettles, Kara, DioGuardi, Kathy Griffin, Katy Perry, Keri Hilson, Lauren Sanchez, Lea Michele, LL Cool, Mary J Bilge, Mya, Nicole Kidman, Rihanna, Shaila Durcal, Sheryl Crow, Smokey Robinson, Tarsha Hamilton And Taylor Swift were wearing diamond jewelry.

Colored Gems

The gemological institute of America (GIA) announced Wednesday about the recent intro of the new eLearning gemology courses with the launch of colored stones.

The colored stone eLearning gemology course gives detailed information about gemstones of different variety and teaches the students how to evaluate the quality, rarity and color. This eLearning platform enhances students to explores how gems form deep under the earth, working mines tour, speak with gem dealers, cutters and retailers around the world to discuss the colored stones market.

For more information on eLearning colored stone course, Click here to Watch the Video to experience the features of online courses.