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Top rapaport.com News

7 suspects identified in a $100M jewelry heist near Los Angeles, thought to be largest in US history
US Crime · Los Angeles

7 suspects identified in a $100M jewelry heist near Los Angeles, thought to be largest in US history

62% Center coverage: 81 sources
See the Story
What to Know About the Conflict Between Israel and Iran | Chattanooga Times Free Press
Benjamin Netanyahu · Israel

What to Know About the Conflict Between Israel and Iran | Chattanooga Times Free Press

36% Left coverage: 28 sources
Israel's blistering attack with warplanes and drones against Iran’s nuclear and military structure has sparked an open conflict between the two long-time foes that threatens to spiral into a wider, more dangerous regional war.See the Story
A Purple-Pink Diamond Just Sold for a Record $13.98 Million at Auction
New York State · New York

A Purple-Pink Diamond Just Sold for a Record $13.98 Million at Auction

34% Center coverage: 3 sources
The Marie-Thérèse purple-pink diamond, a 10.38 carat stunner, fetched a record $13.98 million at Christie's Magnificent Jewels auction.See the Story

Debswana Seeks $6bn for Jwaneng Underground Project

BOTSWANA’S diamond giant Debswana is exploring international financing options for a $6bn underground mining project at Jwaneng, according to a report by Reuters. The move marked a shift in the diamond firm’s traditional self-funding approach, the newswire added. This comes as falling diamond revenues squeeze on Debswana’s ability to bankroll major capital investments. Debswana MD Andrew Motsomi unveiled the funding strategy at a mining conferen…Jwaneng · JwanengSee the Story

HRD Antwerp to Stop Certifying Synthetic Diamonds to Bolster Natural Diamond Market

HRD Antwerp is set to become the world's first diamond certification institute to stop issuing certificates for synthetic diamonds. According to a...Antwerp · AntwerpSee the Story

Ex-Kering Jewelry Exec to Head Up De Beers London

Emmanuelle Nodale will take the reins of jeweler De Beers London, leading the brand’s push toward global expansion.  Nodale, who has over 20 years of experience shaping and developing global brands, was most recently general manager for Europe at Kering-owned jeweler Pomellato. While there, she oversaw the brand’s expansion into key luxury markets, enhanced the client experience, and strengthened its high-jewelry positioning, De Beers said Wedne…London, England · LondonRead Article

Five Takeaways from the WFDB Presidents’ Meeting

Botswana President Duma Boko had to try twice to inject some energy into a sleepy audience at the annual World Federation of Diamond Bourses (WFDB) gathering in New York. It was the morning after the JCK Las Vegas show, and many (including this reporter) had just got off a red-eye flight from the Nevada city.  “A very good morning to you all,” the event’s star guest said after introducing the standard list of dignitaries in the room. Underwhelme…Botswana · BotswanaRead Article

GIA Detects Permanent Color Change in Synthetic Sapphire

The Gemological Institute of America (GIA) recently discovered that a synthetic blue sapphire can change its color permanently when exposed to ultraviolet light.  A customer brought in a 1.70-carat, light blue gemstone to the GIA’s laboratory in New York, believing it was an alexandrite. The examination included standard gemological testing, which revealed the stone was a synthetic sapphire that reacted when exposed to ultraviolet light, accordi…New York City · New YorkRead Article

Sotheby’s Fine Jewelry Auction Garners over $8M

A yellow-diamond ring took center stage at a recent jewelry sale at Sotheby’s in New York, where it brought in $152,400.  The ring, which bears a 4.20-carat, fancy-vivid-yellow, VVS2-clarity diamond flanked by two emerald-cut diamonds weighing a total of 2.15 carats, was the star of the June 16 Fine Jewelry auction, Sotheby’s said Monday. The piece sold within its estimated presale range.  In total, the auction garnered $8.4 million, with 90% of…Species · New YorkSee the Story

Top Item Fails to Sell at Phillips New York

The 3.03-carat pink diamond ring that was expected to lead the recent Phillips New York jewelry sale failed to find a buyer.  The ring, which features a radiant-cut, fancy-intense-pink diamond was billed to fetch up to $1.6 million at the June 12 New York Jewels sale. The event garnered $2.8 million, with 88% of lots sold, Phillips said Monday.  “We are thrilled to close the season on a high note,” said Cristina Rodrigo, head of sale at Phillips…New York City · New YorkRead Article

Emerald and Diamond Necklace More Than Triples Estimate at Bonhams

A necklace bearing diamonds and emeralds took the spotlight at a recent New York sale at Bonhams, raking in $597,000 against a $180,000 upper estimate.  The piece is composed of approximately 116.50 carats of graduated emerald-cut Colombian emeralds, within a surround of brilliant-cut diamonds, interspersed with clusters of pear-shaped and round brilliant-cut diamonds. In total, the diamonds weigh about 67.20 carats. The necklace led the June 12…New York City · New YorkRead Article

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