Diamonds & Engagement Rings News

All attention was focused on the dazzling, Vanessa Williams, who had brightened the red carpet with the Itay Malkin Jewelry on her while at the 60th Primetime Emmy Awards.

The jewelry she was modeling included diamond drop earrings that were a contemporary balance of baguette and emerald cut diamonds, combined with pink and yellow diamonds. The total weight was 12.36-carats set into shining 18-carats white gold. Her bracelet was a fine and beautiful piece of petite, princess-cut diamond rows of 72-carat total weight, set in platinum that suited her customized Kevan Hall printed dress with a mermaid figure of complete perfection.

This has not been Malkin’s first time on the red carpet. Just last week Kim Cattrall wore a stylish pair of black diamond cluster earrings to the DVD premiere of Sex and The City on Thursday, September 18. On the same night, Rachael Ray amazed the “Focus: An Evening of Photography to Benefit City Harvest” wearing a set of earrings, necklace and ring from Itay Malkin’s premiere, Black Diamond jewelry collection. Sara Jessica Parker, Jessica Simpson, Lindsay Lohan and Adrian Grenier are other celebrities who have dressed in some of Itay Malkin’s jewelry.

During the Thomas Weisel Partners 2008 Consumer Conference in New York this morning, Blue Nile Inc. presented to investors.

Diane Irvine, CEO of Blue Nile repeated the findings for the company’s second quarter by stating that the retail status in the United States is challenging.

Trends have taken a turn, downsizing in bridal purchases. Consumers began trading their solitaires for diamond bands, which has an average price difference of about $6,000 to $3,000. Furthermore, buyers were switching their band quality from platinum to white gold.

The economy did not actually have any statistical evidence of a slow-down on wedding bands or engagement rings, but Mark Vadon, Blue Nile chairman said that unclear data hinted to a weakening market.

Vadon had reminded the people who attended the meeting that buying the ring was just part of the larger marriage investment; the package also includes a wedding and setting up a new home.

In the southern African kingdom of Lesotho, miners from Gem Diamonds mining group have found one of the largest diamonds in the world. The white gem is nearly flawless with a weight of nearly five-hundred carats.

After being discovered in the Letseng Mine on September eight, the gem was taken for examination by experts in Antwerp who stated that the weight was 478 carats with hardly any inclusions and of excellent color and clarity.

The company said, “It has the potential to yield one of the largest flawless D color round polished diamonds in history.”

Letseng is knwon to be one of the most productive mines in history, producing four of the world’s twenty most massive rough diamonds in history, including the three largest found this century.

It is difficult to value the diamond before it is cut into gems, although a spokesman for Gem Diamonds said a similar weight stone with lesser-wuality color and clarity had lately been sold for $12 million.

Clifford Elphick, chief executive of  Gem Diamonds stated, “Preliminary examination of this remarkable diamond indicates that it will yield a record breaking polished stone of the very best color and clarity.”

Gem diamonds owns 70% of Letseng. The government of Lesotho owns the other thirty percent.

The Cullinan, which was discovered in South Africa i 1905, is still the world’s largest diamond since. The diamond weighed over 1,300 carats before being cut up into over one hundred separate gems. Most of those gems are a part of the British crown jewels.

Rumors have been spreading since the actress, Lindsay Lohan has been spotted sporting a heart-shaped diamond ring.

While attending the DJ gig in New York with her girlfriend, S Ronson, the ring was just recently seen. LiLo’s appearance soon led to several rumors after Ronson allegedly told the people for whom she was performing, “By the end of this year, my love will be Mrs. Ronson.” In addition, Ronson said, “Tonight shows the power of a woman - to underestimate that is to underestimate the world.”

         

Lohan was quoted saying, “I’m really happy. She’s a great person. And she’s a great influence on people around her.” Lindsay Lohan’s certainty is clarified as she goes on saying, “But I think that anything that’s change [in] my life is because of me. I’ve gone through it, and I’ve learned to deal with it and I’ve made the decision to move forward.”

On the other hand, Lindsay’s father does not believe the rumors and claims, “It’s all BS. It’s not true.” A source stated that Lindsay’s mother had apparently been following a similar story saying, “She said it’s just one of Lindsay’s cocktail rings, nothing more. It’s like her own personal joke these days. She slips a ring on that finger, then goes to a party and watches the rumors start to roll. It amuses her.”

Are Lindsay’s parents really right about everything just being a big bluff or is the wedding in the process already? Â

While in London at the Mobo nominations, model, Danielle Lloyd shows off her fiance, and new sparkling engagement ring.

The celebrity has been dating DJ Ironik just months ago and has wasted no time getting engaged to him.

Last week, Lloyd was quoted saying, ‘Things are a bit tricky for us at the moment because he has so many female fans so we’re having to keep it on the “downlow”.’

She continues by letting us in on some news saying, “We’re just waiting now until he brings out his album at the end of this month then, put it this way, we may have some news to announce.”

For Danielle, DJ Ironik, 20, who was nominated for Best UK Newcomer is her first serious relationship since she was dumped by Portsmouth star Jermain DeFoe.

Preceding these relationships, 24- year old, Danielle dated footballers Teddy Sheringham and Marcus Bent.

As Beyonce leaves the recent Fashion Rocks event in New York City, people seemed to be eyeing the huge stud on her finger, rather than the superstar herself.

                                   

The singer is supposedly married and has yet to spread the rumors of her marriage to her long-term boyfriend, Jay-Z. However, there has been no way to deny the US$5 million 18-carat Lorraine Schwartz diamond wedding ring meant serious business.

During an interview, Beyonce’s sister Solange recently slipped by referring to Jay-Z as her brother-in-law, making it clear enough to assume the couple is married.

Beyonce is evidently wearing US$5 million on her finger trying to hint something…

While spending a fun-filled day with her daughter Nahla at the Los Angeles Zoo, spectators were left in awe of Halle Berry’s baby, Nahla Ariela Aubry.    

                              

The star of X-Men gave birth to baby Nahla in March and has been dating Model Gabriel Aubry -partner and father- for three years now.

Onlookers have also discovered that Halle was flashing a sparkly new engagement ring, sparking rumors of an upcoming wedding, while spending a mummy-daughter day out.

           

Forty-two year old, Halle Berry has been married twice before. Once married to baseball player, David Justice and second time married to Eric Bennett. Both marriages unfortunately ended because allegedly cheating.