Foundrae also accused the jewelry giant of copying its mood board style of marketing.
Lesotho Mine Yields Sixth 100-Carat-Plus Diamond of 2018
The 152-carat stone was found at the Letšeng mine.

London--Gem Diamonds Ltd. recovered a 152-carat rough diamond from its Letšeng mine in Lesotho last week, the sixth 100-carat-plus diamond found so far this year.
The London-based diamond miner said the stone is a Type IIa diamond of top color.
Gem Diamonds’ run of finding a half-dozen big diamonds started right after the new year.
The mining company announced the discovery of a 110-carat and a 117-carat diamond, both Type IIa and D color, a week into 2018.
Seven days later, Gem Diamonds said it recovered a diamond that is the fifth-largest gem-quality rough on record, a 910-carat stone (pictured below) that is also Type IIa, D color.
That stone sold Monday for $40 million.
Later in January, the mining company reported finding another big Type IIa, D color diamond, this one weighing 149 carats.
(The fifth 100-carat-plus diamond was not gem quality.)
Gem Diamonds owns 70 percent of the Letšeng mine, which is located in the Maluti Mountains of Lesotho, an independent kingdom encircled by South Africa. The Lesotho government owns the remaining 30 percent.
The Latest

A Patek Philippe for Tiffany & Co. timepiece owned by the American businessman who died on the Titanic will be offered at Freeman's Chicago.

The Conference Board’s Consumer Confidence Index edged up, with optimism about the present outweighing worries about the future.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

The retailer’s Zach Bear gift comes to life in “Zach Bear and the Window Necklace,” which centers on curiosity, bravery, and helping.


Applications are open for the AGA Gemological Scholarship Program through May 15, and until June 2027 for the Gemological Research Grant.

These customer behavior patterns say a lot about how successful your jewelry store is going to be this year, Emmanuel Raheb writes.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

Mejuri’s popular collection of 18-karat yellow gold vermeil rings debuted in sterling silver alongside new “Puzzle” slider charms.

The Miami-based jewelry brand and the NYC-based artist will be in Dallas from April 9-11.

Moses, who will leave the lab in May after nearly 50 years, discusses his start in the business, gemstones that stand out, and what’s next.

The new catalog, which showcases 35 one-of-a-kind pieces of jewelry, is a compliment to the company’s popular holiday catalog.

Production has ceased at the Canadian diamond mine, which has yielded more than 150 million carats of rough diamonds in its 23-year run.

The store opening marks the 10th United States location for the India-based jewelry retailer.

Two Saks Fifth Avenue locations, one in Florida and one in California, and one Neiman Marcus store are off the chopping block.

West, who started in the art department at the Leading Jewelers Guild in 1979, is remembered for his patience, kindness, and dedication.

In the “Tesoro” version of the ring, our Piece of the Week, each side of the gold hexagonal nugget has a unique colored gemstone design.

Cohen discusses the evolution of Citizen’s light-powered technology, the brand’s cross-generational appeal, and tariffs.

“Essentially Human: On Sales and Salespeople" reveals the underlying human traits and behaviors of the most successful sales professionals.

The collection features symbols of love, luck, and light, based on the story of Queen Cassandane and Cyrus the Great of Persia.

It’s the third scholarship to be launched as part of the partnership to help appraisers advance their professional credentials.

The deadline for entries in the jewelry design competition has been extended to April 3.

After 28 years with JCK, the veteran industry journalist is launching his own publication on Substack called The Jewelry Wire.

Wiley said the project will give scientists worldwide access to the American Museum of Natural’s History renowned mineral collection.

The “Flower Puff” collection looks to beaded flower friendship bracelets from childhood, turning the silhouette into nostalgic fine jewelry.

Set for April 2, the webinar will discuss how the jewelry industry can address the workforce gap.

Bayer, founder of Lisa Bayer Designs, is remembered as “a bright light in every room.”





















