Members of the founding family have partnered with Mexican retail company El Puerto de Liverpool to acquire Nordstrom.
Petra to Hold Tender for 20-Carat Blue Diamond
Analysts say it could sell for as much as $15 million.
London—Petra Diamonds said it will hold a special tender for an “exceptional” large blue diamond recovered in South Africa last month.
Viewings will take place from Friday, Nov. 1 to Thursday, Nov. 7 at Petra’s diamond marketing offices in Johannesburg.
Appointments can be made by contacting either Greg Stephenson, group head of sales and marketing at (+27) 836-379-849 or Greg.Stephenson@petradiamonds.com, or Stephanie Hulett, sales and marketing, at (+27) 716 722 570 or Stephanie.Hulett@petradiamonds.com.
The tender will be held Friday, Nov. 8 through Friday, Nov. 15 at 12 p.m. at the city’s Diamond Exchange and Export Centre (DEEC).
Viewings during this time will be facilitated by the DEEC; bookings can be made by contacting them directly at (+27) 11-223-7077.
Shore Capital said in a note Monday it expects the diamond to fetch between $13 million and $15 million, while investment bank Berenberg valued it at between $10 million and $15 million, Mining.com reported.
The Latest
The brand has opened its second U.S. location in the Fontainebleau resort and casino.
Associate Editor Lauren McLemore highlights pieces from the AGTA Spectrum & Cutting Edge Awards she’d be thrilled to unwrap on Christmas.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
The retailer’s “On the Clock” campaign celebrates how time, precision, and purpose come together.
Associate Editor Natalie Francisco chose her 12 favorite Piece of the Week picks from the year gone by.
Lab clients have the option to request this addition on their emerald reports.
‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
Jamie Dunton and Gabriella Botelho are the first graduates of the program, created by the WJA Foundation and Julius Klein Diamonds.
In the spirit of giving, Retrouvaí will donate $4,000 from the sale of this ring to the Los Angeles Regional Food Bank.
Co-owner Dan DeVries shared what it’s like moving into a space triple the size of its old store and how it feels to be a “real jeweler” now.
Along with the latest “Gardens” collection, the brand has released limited-edition designs offering more indulgent pieces.
The man and woman are accused of stealing jewelry from a shipping container then trying to flee by paddling a small boat out into a bay.
The average price per carat hit a record high for the miner, which said it remains unaffected by the conflict in Mozambique.
The nearly 17-carat stone made history for the color-change gem that, according to the auction house, is experiencing a “notable surge” in the market.
More than a century after survivors gifted a Tiffany timepiece to the captain of the ship that rescued them, the jeweler has reclaimed it.
The videos highlight how pieces from the “Xpandable” and “Reversible Xpandable” collections put the wearer in the spotlight.
Feldman reflected on 45 years in the jewelry industry and clarified that it’s not a total retirement.
The luxury brand is being honored for excellence in high jewelry design in its “Haute Joaillerie Sport” collection.
Circelli was a pioneer in the world of TV shopping who is remembered for his passion for gemstones and his big personality.
The nearly 6-carat stone headlined the recent jewelry auction, which also featured Mica Ertegun’s jewelry.
The three men, who got their nickname because they’d toss the jewelry they stole into black plastic bins, were arrested back in August.
“The History of Diamond Engagement Rings: A True Romance” is a 128-page small-format book containing more than 165 images.
Gearys opened a 6,200-square-foot Rolex store with a design that pays homage to the brand’s connection to the ocean.
The diamond cut grade is now available for marquise- and pear-shaped diamonds.
DDG said the honorees’ business practices embody a commitment to positive social impact, industry innovation, and community empowerment.
Estimates on the size and value of the solitaire diamond, which is mounted on a diamond pavé-set yellow gold band, vary.