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Plans to float De Beers are overshadowed by waning demand for natural diamonds and their increasingly popular lab-grown counterparts.A De Beers spokesperson said that the company was currently studying a potential stock market listing and selling the diamond business. “Both options are very much on the table,” he told the Mail on Sunday. Most Read on Euro Weekly News Santander sells minority stake in Polish subsidiary De Beers diamonds at a crossroads The Spectator's new owner knows the public wants to read City insider Raj Ray, quoted in the UK media, said this was a challenging time for natural diamonds....

The discovery of a ship, missing for five centuries, in a southwest African desert, filled with gold coins, is one of the most thrilling archaeological finds in recent times. The Bom Jesus (The Good Jesus) was a Portuguese vessel that set sail from Lisbon, Portugal on Friday, March 7, 1533. Its fate was unknown until 2008 when its remains were discovered in the desert of Namibia during diamond mining operations near the coast of the African nation. When it sank in a fierce storm, it was on its way to India laden with treasures like gold and copper ingots. Two...

Theory has become practice as new work from the University of Chicago Pritzker School of Molecular Engineering taps diamond defects’ remarkable ability to concentrate optical energy. Researchers have developed atomic antennas using germanium vacancy centers in diamonds, achieving a million-fold optical energy enhancement. This advancement allows the study of fundamental physics and opens new research avenues. The collaboration between theoretical and experimental teams was essential to this breakthrough. Atomic Antennas: Harnessing Light for Powerful Signals Similar to how a radio antenna captures a broadcast from the air and concentrates the energy into music, individual atoms can collect and concentrate the...

– Contents of this video -------------------------------- 00:00 - The Broken Economy 03:12 - Company Property 06:40 - Rich but Not For All 09:25 - The Breadbasket of Africa 11:25 - Gukurahundi 13:26 - Buying Support 17:21 - How to Destroy an Economy 22:13 - Hyperinflation 25:50 - The Perpetual Crisis

The largest cut diamond in the world is about to go up for auction. The extraordinary jewel, nicknamed "The Enigma" is a billions-year-old Fancy Black diamond that is rumored to originate from space. According to the auction house, the stone is a carbonado black diamond, which are extremely rare, occur naturally, and usually date from 2.6 to 3.8 billion years old. It contains nitrogen and hydrogen but also a mineral called osbornite usually found in meteorites, which suggests an outer space connection. What that connection is exactly is unclear, however. Extraterrestrial diamonds from meteorites are tiny, usually nano-sized. This diamond...

In a dazzling turn of events, a man has unearthed a 4.87-carat diamond during his first ever visit to the renowned Crater of Diamonds State Park in Arkansas. Jerry Evans, accompanied by his girlfriend, stumbled upon the precious find within the first 10 minutes of their expedition back in the spring. Initially he mistook the radiant gem for a mere piece of clear glass, but it turned out to be much more. The unsuspecting treasure hunter casually stashed the gem in his pocket among other collected items before heading home. "When they called and told me it was real, I...

Shocking surveillance footage shows California jewelry store workers fighting back after several smash-and-grabber robbers rush into the shop and attempt to make off with valuable gems. FOX 5 San Diego obtained the video showing at least four individuals wearing hooded sweatshirts run into Princess Bride Diamonds, located in Bella Terra mall in Huntington Beach. One of the suspects uses a hammer to smash open a glass display case, as others rush in carrying backpacks. But workers at the store quickly jumped into action, running toward the would-be thieves. The employees, including a brother and sister who work for their father...

What do diamonds, sunglasses, high-end lululemon sportswear and concrete have to do with climate change? They can all be made using carbon dioxide (CO2), locking up the planet warming gas. And tech startups behind these transformations are grabbing investor attention. Some use bacteria. Some use proteins. Some use chemical processes to speed natural reactions. Most pull apart the carbon and the oxygen in CO2 to create another chemical that is used to make consumers goods. Companies in the area raised over $800 million so far this year, more than tripling from 2020, according to a Reuters review of data from...

A huge rough diamond, an impressive stone with a silvery sheen that fits in the palm of a hand, was discovered in June in Botswana, the Canadian company Lucara said Wednesday. The 1,174-carat gem, discovered on June 12, steals third place on the podium of the world's largest diamonds from another exceptional stone found a few days earlier, on June 1, in the same country but by another mining company. This is a "historic discovery, for us and for Botswana as well," commented Lucara's Managing Director, Naseem Lahri. "In the hierarchy of large stones, it ranks third," she proudly told...

A diamond is forever but what happens if you throw a parrot into the mix? On Tuesday (June 22), Frosty, a pet parrot in Bangkok, Thailand, raided its owner's jewellery box and appeared to be enamoured of what it had found inside. A diamond necklace caught the bird's eye and that spelt trouble — Frosty decided to gobble the sparkly jewels up for breakfast. By lunchtime, the eight-month-old sun parakeet looked weak and had lost its appetite. Noticing something was off, the bird's owner quickly brought it to the nearby Animal Space Hospital for an X-ray. Chances are she (and...

The male suspect, who was wielding a gun, targeted the victim in Brooklyn, New York on Monday afternoon He stole a satchel from the victim that contained six packets of diamonds worth $200,000 and a 50-ounce package of gold dust, which is worth $95,000 It wasn't immediately clear if the victim was a jewel merchant The victim told police the gun-wielding robber jumped into the passenger seat of his car before binding his feet and hands The robber then sprayed what was believed to be pepper spray in the man's face before fleeing the scene

Pandora’s new collection of lab-grown diamonds will be launched initially in the United Kingdom and will be available in other key markets next year, it said. Pandora said it expected the diamond market to continue to grow, with sales of lab-grown diamonds outpacing overall growth. Pandora’s lab-grown gems will be made using a technology in which a hydrocarbon gas mixture is heated to 800 Celsius (1,472 Fahrenheit), spurring carbon atoms to be deposited on a small seed diamond, growing into a crystal layer by layer. Pandora, which has until now sourced mined diamonds from KGK Diamonds, said it will get...

On 28 September 2020, a warrant was served in Jacksonville Florida, just before 8 a.m. The warrant was not a no-knock warrant. There is evidence the officers serving the warrant attempted to announce themselves with loudspeakers and by knocking. The warrant was served by a Special Weapons And Tactics (SWAT) team and the DEA. When they did not get an answer, they started to break in. They were not wearing body cameras. Diamonds Ford started shooting at them. She hit one officer in his vest, which saved him from a bullet wound. She called 911 and told the operator her...

To help ensure it didn’t accidentally fall out of the pocket, he did, at the least, use a safety pin to secure the pouch inside the pocket. The famed 45.52 carat Hope Diamond — estimated to have formed around 1.1 billion years ago — after about four centuries of various private ownership was donated in 1958 by Harry Winston to the National Museum of Natural History for their gem collection. Rather than personally transporting the incredibly valuable diamond to said the institution, Winston simply boxed it up and put it in the regular mail, trusting that the US postal service...

Nano-diamond self-charging batteries could disrupt energy as we know it Here shown as a small, circuit board mounted design, the nano diamond battery has the potential to totally upend the energy equation since it never needs charging and lasts many, many years NDB California company NDB says its nano-diamond batteries will absolutely upend the energy equation, acting like tiny nuclear generators. They will blow any energy density comparison out of the water, lasting anywhere from a decade to 28,000 years without ever needing a charge. They will offer higher power density than lithium-ion. They will be nigh-on indestructible and...

Hundreds of millions of dollars in cash has been shipped from Russia to Venezuela, providing a lifeline to the South American country as U.S. sanctions limit its access to the global financial system. A total of $315 million of U.S. dollar and euro notes were sent in six separate shipments from Moscow to Caracas from May 2018 to April 2019, according to data reviewed by Bloomberg from ImportGenius, which compiled Russian customs records it obtains through private sources. ...As a consequence of the scrutiny, the central bank is conducting more transactions in cash, sometimes offering local clients access to euro...

The Chosen one, Hunter Biden’s Chinese Money connected to African “Blood mines.” A private equity firm bankrolled by the Chinese government that is tied to Hunter Biden, invested in an alleged African “blood mine.”

Attorney General Holder heads to Zurich, Switzerland tomorrow to lobby to bring the World Cup to the U.S. in 2022.Justice Dept. says Holder is making the trip to Zurich at the request of Pres. Obama to show US commitment to host World Cup in 2022. Pres. Obama lost U.S. effort in '09 to host 2016 Summer Olympics. WH hopes Holder's mission to Zurich doesn't end up a Swiss miss.Perhaps we'll find out more about the World Cup mission from Holder's cables in the next WikiLeaks document disclosures.

Two Israelis have been arrested on suspicion of smuggling rough diamonds from Zimbabwe into Israel, news outlets report. Last week, customs officials at Ben-Gurion International Airport reportedly stopped one man for a random check as he was leaving the airport through the "nothing to declare" lane and found a number of rough diamonds in his clothing pockets. When questioned, the man reportedly told authorities that he was employed in Zimbabwe as a water consultant and had been instructed to bring the diamonds – which do not carry Kimberley Process certification – to Israel by a diamond trader. When the diamond...

West Africa is a well known transit center for smuggled diamonds, especially for Lebanese traders, with many sales funding criminal and terrorist groups. European and American intelligence sources have long known that Hezbollah has raised significant amounts of money in West Africa through the largely Shiite Muslim Lebanese communities in Sierra Leone, Ivory Coast, Burkina Faso and Togo. There are an estimated 120,000 Lebanese in West Africa, mostly involved in import-export businesses.