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October 10, 2008 10:07:40 PM CDT

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Stories related to: diamond

Stories

5 Stories

  • June 2008

    • Would You Mind If This Wasn't Mined?

      Smithsonian  |  Jun 12, 08 12:07 PM CDT

      Would You Mind If This Wasn't Mined?

      (Newser) - De Beers might like you to think a “diamond is forever,” but try this on for size: “A diamond is for everyone.” In a secret Massachusetts lab, Apollo Diamond is using novel technology to grow diamonds virtually indistinguishable from their mined cousins, the Smithsonian reports. Unfortunately for consumers, the synthetic gemstones cost about the same as Mother Earth's—for now. More »

      Tags

      technology  • blood diamonds  • diamond  • semiconductor  • industry  • gems  • De Beers

  • January 2008

    • Diamonds Are a Girl's Best Refund

      Chicago Tribune  |  Jan 21, 08 10:13 AM CST

      Diamonds Are a Girl's Best Refund

      (Newser) - If you bought a diamond—any diamond—between 1994 and 2006, De Beers owes you money. The jewelry behemoth recently settled a class-action lawsuit that accused it of driving up diamond prices with monopolistic practices. To compensate, it will pay consumers up to 59% of their bling’s original price. But there are catches aplenty, the Chicago Tribune reports. More »

      Tags

      lawsuit  • settlement  • class action  • jewelry  • diamond  • De Beers  • monopolistic practices

  • October 2007

    • $7.9M Sale Smashes Record

      Reuters  |  Oct 8, 07 7:53 PM CDT

      $7.9M Sale Smashes Record

      (Newser) - A flawless gem has sold for $7.98 million in Hong Kong and broken the old per-carat sale record, Sotheby's announced today. London's Moussaieff Jewellers snapped up the 6.04 carat diamond at $1.32 million per carat, breaking the last record of $926,000 per carat, set in 1987 by the gem "Hancock Red's." Sotheby's diamond is small, Reuters reports, but has a valued cut and "fancy vivid blue" shade. More »

      Tags

      Sotheby's  • diamond

  • August 2007

    • Tests Will Tell if Big Stone Is Indeed Gem

      BBC  |  Aug 31, 07 8:23 AM CDT

      Tests Will Tell if Big Stone Is Indeed Gem

      (Newser) - A South African mining company will know soon if they’ve found the world’s largest diamond, with tests scheduled for next week. The light-green stone was found several days ago; experts say it may turn out to only a fluorite crystal, the BBC reports. A spokesman for De Beers, the world' s biggest diamond miner, said a positive result on the gem would make it the stone of the century. More »

      Tags

      South Africa  • world record  • mining  • diamond  • De Beers

  • June 2007

    • Diamonds Are a Skull's Best Friend

      Bloomberg  |  Jun 2, 07 3:10 PM CDT

      Diamonds Are a Skull's Best Friend

      (Newser) - The priciest work of modern art ever created is on view at a London gallery, priced at just $100 million. Death-obsessed artist Damien Hirst cast a human skull in platinum and encrusted it with diamonds, creating a piece he calls "For the Love of God." He kept the original teeth, he tells Bloomberg, as "a reminder that it's real." More »

      Tags

      art  • Damien Hirst  • modern art  • diamond  • skull

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