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Buying an engagement ring is a challenging task and one that may seem impossible. Buying an engagement ring is a very special task, it’s the symbol & celebration of the future a couple will share together. An engagement ring traditionally holds a diamond or multiple diamonds and can also feature precious gems such as emerald or topaz. When buying a diamond engagement ring it is important to research & discuss the diamond cut, colour & clarity as these three factors will determine how brilliant your engagement ring is. Many people mistake the cut of a diamond for the shape when infact the cut is the lines cut into a diamond to reflect light & make it sparkle. The colour can vary from a ‘D’ all the way down to a ‘Z’ and ‘Z’ is the most yellow. A ‘D’ colour diamond is colourless & is the rarest, most beautiful colour grade to buy. The clarity references the natural internal flaws of a diamond, for example if a diamond had a clarity of ‘IF’ that is short for ‘internally flawless’, meaning there are no visible marks inside the diamond to corrupt light play which creates sparkle. Who said buying an engagement ring was simple?

DiamondGeezer.com are experts in creating the perfect diamond engagement ring & can help you every step along the way to choose an engagement ring that will make your partner weep not cry. Speak to a DiamondGeezer.com diamond specialist today & let us help you design & manufacture the perfect diamond engagement ring.

Engagement Ring

The famous Christie’s Auction House in New York was filled with excited bidders on Tuesday 17th April. In May 2011 Huguette Clark, one of the last heiresses of America’s Gilded Age, died at the grand age of 104 leaving behind her collection of jewels. Huguette Clark was said to have lived a reclusive life in her later years & she had stored her diamonds & precious gems in a vault since the 1940′s.

The jewel to stir up the most excitement on Tuesday was a 9ct pink diamond which has been given the name ‘Clark Pink’. The Clark Pink was estimated to fetch around $6-8 million, but little did the excited bidders know it was going to round up a massive $15.7 million. This wasn’t the only one of Clark’s jewels to go under the hammer, also being sold was a 19.86ct rectangular-cut diamond ring by Cartier that sold for $3.1 million; an Art Deco diamond bracelet by Cartier that sold for $578,500 and a ruby, sapphire, emerald and gold bracelet by Tiffany & Co. selling for $266,500. The collection was part of Christie’s Magnificent Jewels sale that took a total of $70.7 million.

Take a look at DiamondGeezer.com’s new collection of coloured stone & diamond rings

Precious gems discovered by Peregrine Diamonds could soon be used in diamond jewellery.

Peregrine Diamonds has discovered a number of precious gems that could soon find their way into diamond engagement rings.

The firm has recovered an 840kg microdiamond sample from CH-31 – a kimberlite at the Chidliak project in Canada – including 223 gems larger than the 0.106mm sieve size.

Among the haul us a 1.15-carat diamond and Eric Friedland, chief executive of Peregrine, described the find as "very significant".

"CH-31, at five hectares, is the largest kimberlite discovered at Chidliak to date and the fifth kimberlite with economic potential in arctic settings," he explained.

Mr Friedland added the company is considering carrying out more exploration work at Ch-31 during 2011, including recovering a mini-bulk sample.

Peregrine has uncovered two new diamond districts in Canada since 2007 – Chidliak and Qilaq on southern Baffin Island and Banuq, located in the eastern Arctic region.

Although diamond searches are its primary focus, the company also looks? for metal deposits.
 

Russian diamond miner Alrosa has launched a bond for investors.

Alrosa, the Russian diamond miner that produces precious gems for use in diamond rings and diamond jewellery, has launched a bond.

This is according to Andrey Solovyov, head of debt capital markets at VTB Capital, on organiser of the issue, Reuters reports.

The $1 billion (£626 million) Eurobond runs for ten years and Mr Solovyov told the news source that demand has been high, with around 200 investors taking part.

He explained the book for the placement – which was also handled by JP Morgan and UBS – was "oversubscribed nearly two times".

Alrosa produces 96 per cent of overall diamond output in Russia and currently accounts for a quarter of diamond output worldwide.

In 2009, it produced 35 million carats of rough diamonds for use in items such as diamond engagement rings, valued at around $2.2 billion.

Rapaport recently reported Armenian firms are looking to enter into sales agreements with Alrosa and increase the amount of diamonds they import from Russia.