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Entries in Colored Diamonds (4)

Monday
Nov052012

Equity Markets or Fancy ARGYLE Pink Diamonds?

Mandy Drury was standing in front of the big board of about 450 stocks at the CNBC studio. All stocks were heavily in the red. The market was down over 200 points. There was an air of nervousness as we were witnessing the worst selloff in the market in four months.

The market seemed to be paying homage to the 25th anniversary of Black Monday, the 19th of October, 1987, when the Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%).

I thought, nothing out of the ordinary had transpired - General Electric and McDonald’s missed analyst expectations, notwithstanding that they still reported respectable earnings. It was Google though that really made people sit up

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Thursday
Aug232012

CLARITY TREATMENTS IN DIAMONDS: LASER DRILLING AND INTERNAL LASER DRILLING

 

16.08.12

By Yehuda Yakar, GG GIA, Chief Gemologist at GCI

 

 
 

 

All natural diamonds have faults that could negatively influence their gemological rating and financial value. Diamond cutters can remove some of the clarity faults, but some flaws demand a different treatment, one which has techniques developed since the 1970s to nowadays. Every treatment that a diamond undergoes must be disclosed at every stage. Anyone who violates this obligation is breaking rules which apply to members of every diamond bourse and association in the world. In some cases, it is even illegal not to disclose.

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Wednesday
Jun272012

Rio Tinto Appoints New MD of the Argyle Diamond Mine

Rio Tinto Diamonds appointed Kim Truter as managing director of the Argyle Diamond Mine in Western Australia, effective from July 1.

Truter, an experienced mining executive, has held a number of senior roles within Rio Tinto, most recently as president and COO of the Diavik Diamond Mine in Canada.

"I am delighted with Kim’s appointment and his extensive experience will be invaluable in leading the future development of the Argyle Diamond Mine," said Rio Tinto Diamonds managing director Bruce Cox. 

Truter, who was instrumental in leading the development of underground mining at the Diavik Diamond Mine, said, "The Argyle Diamond Mine is an iconic Australian operation and it plays an important role in Rio Tinto’s global diamonds business. I am looking forward to working with the team at such an exciting time in Argyle’s growth and development.”

The 100-percent owned Argyle Diamond Mine is located in Western Australia. It is the largest producer of colored diamonds and the only consistent producer of rare pink diamonds.

Monday
Jun252012

It all starts with an idea...@ageniuswithgems