Showing posts with label Diamonds. Show all posts
Showing posts with label Diamonds. Show all posts

November 21, 2016

The Foxfire Diamond


                                                                       



Little wonder they are so expensive!
The effort that goes in to finding them is extraordinary.

The largest gem-quality diamond ever found in North America is on display at the Smithsonian for three months in its rough, uncut state.
“It's a really unusual chance for people to see this rare diamond,” says Jeffrey Post, curator of the National Gem and Mineral Collection at the Smithsonian's National Museum of Natural History. “It isn't something that happens very often. This may be the only chance in your life to see such a thing.”
Diamonds tend to be highly concentrated in small areas underground where ancient volcanic eruptions pushed magma upward through tubes. The magma solidified into an igneous rock called kimberlite. Scattered through the kimberlite left within the tube are diamonds that were pushed upwards with the magma.

The 187.63 carat Foxfire diamond was almost discarded when it was unearthed in August 2015 at the Diavik diamond mine, above the Arctic Circle in Canada's Northwest Territories. The mine was not known for large diamonds like the Foxfire, but rather much smaller stones. The chances of a large diamond coming through the sorting system were believed to be so slim that all large stones were assumed to be kimberlite, thus filtered and crushed. The Foxfire diamond could have been crushed, but because of its somewhat elongated shape, it slipped through the sifting screen. 

The name Foxfire pays homage to the aboriginal name for the aurora borealis, which Post says looks like "foxtails swishing away in the sky.” 

In June 2016, Deepak Sheth of Amadena Investments, who trades in historic or unique stones, purchased the uncut diamond at auction (the exact price has not been publicly disclosed) and then did an unusual thing. He allowed the Smithsonian's scientists to borrow it. 

“In some way, it's like diamonds are like meteorites from deep in the earth,” Post says.
Most diamonds appear to have been created between one and three billion years ago roughly a hundred miles beneath the surface of the Earth. Diamonds can help geologists understand Earth's history, says Post.


During past volcanic eruptions, “diamonds were brought to the surface, giving us a glimpse into a part of the Earth we can't otherwise study,” Post says.

In order to find out more about the Foxfire diamond's composition, Post exposed the uncut gemstone to different types of light and used a spectrograph to see how the various elements in the diamond were reflecting the light. A funny thing was discovered along the way.

“One of the interesting properties of this diamond is that if you go in a dark room and turn on a black light, it glows bright blue. It lights up the room,” Post says. “There are a number of diamonds that do this, but this does so quite a lot. This happens through trace amounts of nitrogen. By doing spectral analysis of that light, we can tell how much nitrogen might be there.”

It gets weirder.

“What is unusual, is that when you turn the light off [the diamond] continues to glow. 

                                                                  


First a deep orange color and then it fades to a creamy white glow. So that phosphorescence can tell us something about how that diamond was formed. . . . It gives us this interesting insight into its history that we wouldn't get just by looking at it.”

Larger diamonds have been found elsewhere in the world. South Africa's enormous Cullinan diamond weighed 3,106.75 carats before it was cut into numerous stones. But diamonds from North America are particularly valued because of their relatively clean provenance. Unlike many African diamonds, the stones that come from Canada's mines are not associated with conflicts or wars. Environmental protection standards are high. The microscopic maple leaves and polar bears etched into each diamond helps ensure that buyers know what they are getting.

This geology allows diamond mines to be relatively compact mining operations that can be restored to a healthy wild condition after mining operations are completed. The Canadian government requires that plans for restoration be made before mining even begins.

“With a diamond mine, it's not like oil where you have to pump it some place,” Post says. “You've got one hole in the ground that is a very well defined area, but the area around it can be pretty well returned [as habitat for wildlife]. This one mine, they are literally mining through a lake. In the end, this thing might very well fill up with water again and just be a deeper lake.”

With the passage of time, the Diavik mine will eventually become that deeper lake and for a brief period, the Foxfire diamond is available for anyone who wants to see it.
“It's a one time opportunity,” Post says.

The Foxfire diamond will be on view in the Harry Winston Gallery next to the Smithsonian's famous Hope Diamond at the National Museum of Natural History through February 16, 2017.



By Jackson Landers

With many thanks to The Smithsonian
Ome other posts on diamonds:

The Rare ‘Blue Moon’ Diamond Is All Set To Become The Most Expensive Jewel, When It Goes Up On Sale
 
‘Fascination’: Graff’s $40 Million Diamond Transformable Watch 

The World’s Priceless Treasures

Replica Of Louis XIV's Versailles Is The World’s Most Expensive Home - $416 million

The Most Expensive Substances In The World

Some Of The Rarest Jewels In The World

 The Most Expensive Things in the World

Argyle Violet Diamond Expected To Fetch Up To $4m At Auction

Ancient Gemstone Lapis Back In Fashion

The “Oppenheimer Blue" Diamond Sells For $57.6 million at Christie's

Cartier Exhibition Features Pieces Once Owned By Elizabeth Taylor and Grace Kelly

The Rare ‘Blue Moon’ Diamond Is All Set To Become The Most Expensive Jewel, When It Goes Up On Sale
 
Replica Of Louis XIV's Versailles Is The World’s Most Expensive Home - $416 million

Argyle Violet Diamond Expected To Fetch Up To $4m At Auction

The Lesedi la Rona Diamond Could Fetch $US70m

Ancient Gemstone Lapis Back In Fashion

The “Oppenheimer Blue" Diamond Sells For $57.6 million at Christie's

Hermès Birkin Bag Sells For $US298,000
 
Padmanabhaswamy Temple Treasure: Worth $22 Billion 

The Bahia Emerald - The 400 Million Dollar Rock 

25 Things You Didn't Know About Jewelry

 The Royal Jewels

The Virgin Rainbow: World's Most Beautiful Opal

Elizabeth Taylor's famous pearl sells for $11.84m at NYC auction

Some Of The Rarest Jewels In The World


Pakistan Claims Koh-i-Noor Diamond      

Top Ten Lost Treasures of the World

Petra Diamond Miners in South Africa Unearth a ‘Magnificent’ and ‘Exceptional’ Discovery At Cullinan






Elizabeth Taylor's Bulgari Jewellery Goes On Show In Melbourne

Dream Eco-Home Of Russian Hemp Tycoon Will Be Noosa’s Priciest Abode
                                                            

October 05, 2016

Elizabeth Taylor's Bulgari Jewellery Goes On Show In Melbourne


                                                                    



                                                                  

A new exhibition at the National Gallery of Victoria (NGV) will showcase priceless Bulgari jewellery, including emerald and diamond jewels gifted to actress Elizabeth Taylor on the set of Cleopatra.

The show, Italian Jewels: Bulgari Style, will feature more than 80 pieces of jewellery with a focus on the La Dolce Vita period of the 1950s and '60s, when Rome was a popular location for Hollywood films.

Among the collection are jewels gifted to Taylor by Richard Burton, her fifth husband, including an emerald ring he gave her on set of 1963 film Cleopatra, where their love affair first began.

Taylor later auctioned the ring, which featured a stunning octagonal step-cut Columbian emerald, with the note "Wear it with love!".

Bulgari's brand and heritage creator Lucia Boscaini, who was in Melbourne for the show's opening, said jewellery was defining for leading actresses of the past such as Taylor, who often wore her own pieces in her films.

"That's why I believe the majority of them used to wear their own jewels in movies.
"You see it for Elizabeth Taylor, Ingrid Bergman, Anita Ekberg — a long list of names. I think that's really very much linked to the wellbeing you feel wearing important jewels. 

"Elizabeth Taylor knew very well the precious gemstones and she used to be very sophisticated in selecting what she liked and what she didn't. 

"That's very special, I would say. I don't know if today it's the same because it's a completely different kind of world."

Ms Boscaini said the eight jewels that comprise Bulgari's Elizabeth Taylor collection were purchased at auction for about $39 million in 2011.

"How much is it worth today? I can't really say. It would be a little bit more than that, because of course it's becoming more and more valuable.

Paola Di Trocchio, the NGV's fashion and textiles curator, said Taylor's jewels were stunning.

"The emeralds are just absolutely exquisite. The romantic story behind them is also beautiful," she said.

Some of the handcrafted jewels would have taken a year or more to create, she added.
"They are all one offs and they are all of the highest quality," she said.

Other pieces in the show include a ruby and diamond necklace worn by Sophia Loren in Robert Altman's 1994 film Pret-a-Porter and a diamond necklace worn on the red carpet by British actress Keira Knightley. (the neckace worn by Claudia Cardinale below).

The majority of the pieces in the show come from Bulgari's own collection, but pieces have also been loaned from private collectors and the National Museum of Qatar.
The free show at the NGV International will open on September 30 and will run to January 29, 2017.
With many thanks to the ABC


                                                                   
Top picture:

Elizabeth Taylor in a publicity photograph for The V.I.P.s (1963) movie wearing her Bulgari platinum, emerald and diamond tremblant brooch; and Colombian emerald brooch with earrings, 1963

                                                                

Necklace 1989
gold, emerald, amethyst, ruby, diamond 37.0 x 3.0 cm
Bulgari Heritage Collection, Rome 


                                                                 


                                                               

Elizabeth Taylor wearing an array of Bulgari jewels at the 20th Anniversary Gala of Unicef at the Théâtre National de Chaillot in Paris, 1967 

                                                               

Tunisian-born Italian actress Claudia Cardinale featured in Vogue Italia wearing a Bulgari necklace and a bracelet (worn as a necklace), 1966


                                                               


                                                                  



Italian actors Sophia Loren and Marcello Mastroianni on the set of the film Prêt-à- Porter (Ready to Wear) (1994), directed by American Robert Altman. Loren wears a Bulgari necklace and earrings in gold with rubies and diamonds.

                                                                      

Ingrid Bergman in 1963 posing for a picture on the set of the movie The Visit (1964)

                                                                     



Bib necklace 1965
gold, emerald, amethyst, turquoise, diamond





Bracelet 1960
gold, sapphire, diamond


                                                                     


Gina Lollobrigida wearing Bulgari necklace and earrings at the David di Donatello Awards,1958 gold, platinum, ruby, emerald, sapphire, diamond.

Additional pictures and more information with many thanks to Vogue.



Related:
The Rare ‘Blue Moon’ Diamond Is All Set To Become The Most Expensive Jewel, When It Goes Up On Sale
 
‘Fascination’: Graff’s $40 Million Diamond Transformable Watch 

The World’s Priceless Treasures

Replica Of Louis XIV's Versailles Is The World’s Most Expensive Home - $416 million

The Most Expensive Substances In The World

Some Of The Rarest Jewels In The World

 The Most Expensive Things in the World

Argyle Violet Diamond Expected To Fetch Up To $4m At Auction

Ancient Gemstone Lapis Back In Fashion

The “Oppenheimer Blue" Diamond Sells For $57.6 million at Christie's

Cartier Exhibition Features Pieces Once Owned By Elizabeth Taylor and Grace Kelly

The Rare ‘Blue Moon’ Diamond Is All Set To Become The Most Expensive Jewel, When It Goes Up On Sale
 
Replica Of Louis XIV's Versailles Is The World’s Most Expensive Home - $416 million

Argyle Violet Diamond Expected To Fetch Up To $4m At Auction

The Lesedi la Rona Diamond Could Fetch $US70m

Ancient Gemstone Lapis Back In Fashion

The “Oppenheimer Blue" Diamond Sells For $57.6 million at Christie's

Hermès Birkin Bag Sells For $US298,000
 
Padmanabhaswamy Temple Treasure: Worth $22 Billion 

The Bahia Emerald - The 400 Million Dollar Rock 

25 Things You Didn't Know About Jewelry

 The Royal Jewels

The Virgin Rainbow: World's Most Beautiful Opal

Elizabeth Taylor's famous pearl sells for $11.84m at NYC auction

Some Of The Rarest Jewels In The World


Pakistan Claims Koh-i-Noor Diamond      

Top Ten Lost Treasures of the World

Petra Diamond Miners in South Africa Unearth a ‘Magnificent’ and ‘Exceptional’ Discovery At Cullinan













 

October 02, 2016

Lucapa Diamond’s Road To Riches In Angola


                                                                      

                                                                     

Deep in the jungle of Angola are what could well be the world’s most valuable dirt tracks.
These roads, built throughout the Lulo project of Subiaco-based Lucapa Diamond Co, may turn out to contain some of the biggest and best diamonds on Earth.

Starting next month, Lucapa will start processing the material used to build the roads in the hope it will recover monster gems worth millions of dollars each.

Up until February, Lucapa had been using the biggest rocks from the diamond-rich gravels around Lulo to build roads around the project in the belief that none of them could be diamonds. That all changed, however, on February 4 when the company recovered a giant 404-carat stone — a diamond bigger than any other ever found in Angola.

It was a gem that should never have been discovered.

Lucapa’s processing plant was only configured to recover diamonds up to a maximum size of 280 carats (the biggest diamond ever unearthed in Angola at that time was 278 carats). As it was, the elongate shape of the 404-carat diamond — it resembles a large thumb — and its orientation as it went through the Lulo processing plant meant it managed to fit through the holes in the sorting screen.

Had it been lying horizontally rather than vertically at the time it passed over the screen, the stone — ultimately sold for $US16 million — would have gone straight into the waste stockpile for use in more roads.

Since that fateful day in February, Lucapa has been stockpiling all the over-size material from Lulo as it prepares to install a new sorting machine capable of recovering diamonds weighing up to 1000 carats each.

That new machine will start up next month, with Lucapa understandably excited about just what might be found among that over-size material.

The diamond mining business is infamously unpredictable, but the miraculous story of the 404-carat diamond means Lucapa and its shareholders believe they’ve got a good shot at finding more mega-gems. The likelihood that the only stone of such size from Lulo was also the only one with the right shape and orientation to fall through the sorting screen simply feels too remote.

The upside of success is huge given diamond prices increase almost exponentially with size. The $US16m Lucapa received for its 404-carat stone compares with the $US63m sale price in May for an 812-carat monster from the Botswanan diamond mine of rival company Lucara Diamond Corp. (Lucara also found the tennis ball-sized 1111 carat Lesedi La Rona diamond, the second-biggest ever unearthed, although that failed to sell at an auction earlier this year.)

Lucapa will start off by processing the oversized material it has stockpiled at Lulo since February. If that leads to the recovery of more giants, then Lucapa will begin digging up the roads.

Lucapa chairman Miles Kennedy already jokingly (and perhaps optimistically) refers to the tracks around Lulo as “the diamond highways”.

“It will be interesting to see what that stockpile gives us,” Mr Kennedy says. “We’re quietly confident we’re going to see some big stones but we have to wait and see.”

The processing upgrade at Lulo has cost Lucapa and its partners $US2.75m. The recovery of a single big stone from the over-size material would pay for that a number of times over.

Even leaving the potential monster stones aside, Lulo has already had a track record of yielding big gems.

So far Lucapa has already found six stones of 100 carats or more, including two in the past fortnight.

The diamonds it is finding are also of very high quality, reflected in its average sale price of around $US2,100 per carat. Uncut diamonds typically averaging $120 a carat. “There’s no doubt at all that there is no diamond deposit anywhere in the world which is producing stones of this calibre and value,” Mr Kennedy said.

That, he says, includes Lucapa and its record-breaking gems.

“They’ve had the biggest stone, obviously, but they’re processing a lot of material and incurring a lot of cost to do that whereas we’re mining a couple of meters below the surface,” he said. “On the cost curve we are way ahead of anyone, and we’re getting the big diamonds. Our costs are $1.3m a month; you can see us generating between $5 and $12m a month, so it’s looking pretty spectacular.”

By Paul Garvey
With many thanks to The Australian 

                                                               


Petra Diamond Miners in South Africa Unearth a ‘Magnificent’ and ‘Exceptional’ Discovery At Cullinan

The Rare ‘Blue Moon’ Diamond Is All Set To Become The Most Expensive Jewel, When It Goes Up On Sale
 
‘Fascination’: Graff’s $40 Million Diamond Transformable Watch 

The World’s Priceless Treasures

Replica Of Louis XIV's Versailles Is The World’s Most Expensive Home - $416 million

The Most Expensive Substances In The World

Some Of The Rarest Jewels In The World

 The Most Expensive Things in the World

Argyle Violet Diamond Expected To Fetch Up To $4m At Auction

Ancient Gemstone Lapis Back In Fashion

The “Oppenheimer Blue" Diamond Sells For $57.6 million at Christie's

Cartier Exhibition Features Pieces Once Owned By Elizabeth Taylor and Grace Kelly

The Rare ‘Blue Moon’ Diamond Is All Set To Become The Most Expensive Jewel, When It Goes Up On Sale
 
Replica Of Louis XIV's Versailles Is The World’s Most Expensive Home - $416 million

Argyle Violet Diamond Expected To Fetch Up To $4m At Auction

The Lesedi la Rona Diamond Could Fetch $US70m

Ancient Gemstone Lapis Back In Fashion

The “Oppenheimer Blue" Diamond Sells For $57.6 million at Christie's

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Padmanabhaswamy Temple Treasure: Worth $22 Billion 

The Bahia Emerald - The 400 Million Dollar Rock 

25 Things You Didn't Know About Jewelry

 The Royal Jewels

The Virgin Rainbow: World's Most Beautiful Opal

Elizabeth Taylor's famous pearl sells for $11.84m at NYC auction

Some Of The Rarest Jewels In The World


Pakistan Claims Koh-i-Noor Diamond      

Top Ten Lost Treasures of the World

Elizabeth Taylor's Bulgari Jewellery Goes On Show In Melbourne

The Foxfire Diamond
 
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