Researchers have published evidence that diamonds may exist in Antarctica due to the presence of kimberlites in the eastern part of the continent. The findings, which were published in Nature Communications, imply that diamonds could now be found on every continent. 120-Million-Year-Old Kimberlites Kimberlites are formed between 100 and 300 miles [...]
photo via Flickr In 2005, jeweler Laurence Graff purchased a 50.01-carat diamond for $4.2 million. He then sold it, but when the gem went on the market again in 2012, Graff had to pay $8.4 million to get it back. The fact that the price of an individual stone doubled over the course [...]
photo via Flickr Or rather, it would be if we were on Jupiter or Saturn. A pair of scientists recently announced that the two planets could be producing as many as 10 million tons of diamonds. They believe that large chunks of the precious stone are floating in the planets’ atmospheres and that, at [...]
An official statement released by the European Union confirms their decision to resume doing business with the Zimbabwe Mining Development Corporation, ending its ban on the importation of rough diamonds from the nation. Zimbabwe’s diamond exports were suspended under the Kimberley Process in 2009 due to allegations of human rights abuse and [...]
When it comes to diamonds, some people are all about clarity, some are all about shape, some are preoccupied with color, and others care about the cut. And more often than not, all of the above are obsessed with size. And size-wise, there's been big news in the diamond industry. Esteemed luxury [...]
Blue diamonds are among the rarest of the fancy colored gemstones, and two of them are expected to sell for tens of millions of dollars in the coming weeks. The first is the Royal Blue--a 10.6-carat cut-cornered, modified brilliant cut diamond that is just one step away from being classified as “internally [...]
Roughly 100 miles underground, massive amounts of heat and pressure crystallize carbon into diamonds. The rough stones are then pushed toward the surface through small volcanic eruptions known as kimberlite eruptions, which seem to have stopped occurring 20 million years ago. It is from these kimberlite pipes that diamonds are most commonly mined. [...]
As wedding season fast approaches, engagement and wedding rings are hot commodities—but it’s not just physical jewelry stores that are enjoying the extra business. More and more people are instead turning to the Internet to buy diamonds and rings, and the online market for jewelry has enjoyed consistent growth as a result. According to [...]
by Amber Zhai The first request a woman’s friends make upon the announcement of her engagement is always the unfailing, “Let me see the ring!” It’s common knowledge now that engagement is synonymous with a ring, and many aspiring brides don’t even consider themselves engaged without a rock on their finger. Yet, there [...]