Diamonds & Engagement Rings News

Proposing to a girl for marriage with a diamond ring on one knee has been the traditional way to tie the knot. The man goes through the most difficult period in his life on just figuring out how to pop the question to the girl, let alone how big of a rock he can afford. The woman then acts as if she is surprised even though she knew the day was coming and then begins the big scene of crying… But, it seems like this beautiful tradition will soon be replaced by the masses of gay couples that are changing the idea of how a proposal should really happen.

Heather Matarazzo, the actress who is best known for her klutzy role in The Princess Diaries and Welcome to the Dollhouse, is used as the perfect model when she had proposed to her girlfriend, Caroline Murphy, the previous week. Due to having no traditional male-female roles, they had both popped the question to each other at the same time. Lisa Jammal, Matarazzo’s publicist said, “It was so cute. First Heather proposed to Caroline, then Caroline proposed to her!”

         

This new idea can become a huge benefit to the diamond industry. But, other than a solitaire diamond ring there are new designs that are expected to come out. Gemstones such as rubies, emeralds, and sapphires, are suggested ideas that can be used for engagement ring designs as either an offset or a replacement for diamonds all together.

Now engagement rings are opening its doors to new looks and designs for anyone type of couple.Â

Black diamonds are known to be very hard to grade and process due to its color. Therefore, black diamonds require high grade of industrial art, which makes people want it more than other diamonds.

Black diamonds, along with green, yellow and red are considered fancy diamonds. What makes colorful diamonds is usually solar radiation. However, black diamonds receive their color through a large amount of small embeddings.

Black diamonds were known to mankind several hundred years before they actually became popular in the nineteen nineties. Since black diamonds are becoming even more famous, the jewelry manufacturing industry is producing the diamonds using radiation.

One of the most famous black diamonds known to history is called ‘Black Orlov’, which was once owned by the Russian princess Nadia Vygin-Orlov.   

                            

The 67-carat cushion cut diamond has been covered in mystery throughout its history ever since. Rumors were spread about the ‘Black Orlov’ being stolen in India and then belonged to the Russian princess. Then there are those others who believe of a curse on the diamond, which had no proof of it.¼/p>

Suspicious agents caught a Georgian man with rough diamonds worth about $200,000, after searching through his luggage.

The Ben Gurion International Airport’s Department of Customs had taken away diamonds worth over NIS 700,000. Unit officers then arrested the Georgian man who took responsibility for the diamonds and tried to smuggle the precious stones into Israel. After being taken to the Magistrate’s court in Ramla the suspect was released under specific circumstances.

Tangis Kikinashvili, the suspect, picked up his suitcase after landing in Israel and passed through the green custom lane, which meant nothing to declare, but raised suspicions of the drug and customs officers. When the customs agents finally opened the luggage, they were left in shock to reveal a large amount of rough diamonds.

After being taken in to Ben Gurion Airport for questioning by the Department of Customs, Kikinashvili had confessed about knowing of the law which required a fee for responsibilities put to customs on particular goods. Kikinashvili had also estimated the value of the diamonds to be around $200,000.

Conversely, the customs unit that are investigating the case claim the worth of the diamonds to be much more than the amount the suspect had estimated. An electronic check done on the man found that he is not part of the Stock Exchange and thus forbidden to trade diamonds in the country.

Moreover, the diamonds had been discovered to be part of an offense committed against the Kimberly Treaty of 2002, which is a worldwide treaty intended to abolish the occurrence of ‘conflict diamonds‘ or ‘blood diamonds‘.

There is a serious concern on how the jewelry industry will endure the downturn. Can it be said that a diamond is a commodity? It is believed that branding will destroy dealer markers for generic diamonds. The Rapaport International Diamond conference for this year will be discussing such issues and other imperative matters concerning the jewelry industry.

The group’s CEO, Martin Rapaport says, “This year’s conference is about survival- your survival. The old game of price, quality and service competition is over. How are you going to compete against a recession, credit crunch and double-digit inflation? The key is strategic thinking. Strategic competition. Those that think smarter will survive. Those that don’t, won’t.”

The conference will include a variety of speakers and topics such as Gerald Celente of The Trends Research Institution (U.S. Economy); Ralph Desitino, Chaiman, Gemological Institute of America (Branding); Neal Goldberg, President and CEO, Zale Corporation (Retailing); Rahul Kadakia, Senior Vice President, Christie’s America (Auction Markets); Rajiv Mehta, CEo, Dimexon Diamonds and Executive Director, Eurostar Diamonds (Diamond Markets); Mark Moeller, CEO, R.F. Moeller Jeweler; President, American Gem Society (Retailing); Martin Rapaport, the Rapaport Group (Commoditization); James E. Shigley, PhD, Distinguished Research Fellow, Gemological Institute of America (Technology); Victor van der Kwast, CEO, ABN, AMRO, International Diamond and Jewelry Group (Economy and Finance).

The cost for the conference will begin at $ , along with a formal luncheon for $. Lastly is a special Hotel/Conference Package offered for $599. The package includes a special one night deluxe room at the Waldorf-Astoria Hotel. The earnings from the conference will be donated to the Jewelers of Children and the non-profit Fair Trade Diamond and Jewelry Association.

The very well known company with its owner who is popularly known as Jacob the Jeweler is sewing Wyclef Jean for over $300,000 for watches and jewelry that was bought from the company.

Jacob Arabo may be locked up in prison for the next 2 1/2 years for denying the involvement in a drug ring to federal investigators, but that definitely doesn’t stop him from continuing his business.

On Tuesday, the company filed papers in Manhattan Supreme Court saying that the former singer, Wyclef Jean purchased a number of items going back to March 2002, until January 2006, with the total amount adding to, $765,100.

Although, the singer has not yet finished the payments fir the entire sum, leaving him in debt for another $319,680. The New York Daily News described the complaint of the company by quoting them asking for, “repeated demands for payment.”

Several purchases, which Wyclef made, included a Chopard watch worth $225,000, 4.85- carat diamond stud earrings costing $30,000, and a diamond Jesus head for $12,000.

Arabo, who is also identified as the King of Bling in the hip-hop world is especially famous for doing business with bejeweled stars such as, Eva Longoria, Jay-Z, 50 Cent, Madonna, Elton John, Kanye West and Sean Diddy Combs.   

Representatives of Wyclef had not responded right away, when contacted through email.

Wyclef Jean has been very involved in helping out his country, Haiti, through his foundation called Yele Haiti, which successfully raised millions of dollars for the cause of providing food, creating jobs, and supporting local cultivation.

Wyclef also started a project called, “Together for Haiti” and on his website, described the charitable project as an “emergency allegiance for food crisis relief.”Â

The Apple iPhone has just been released worldwide and it already comes out- simultaneously with the upcoming Olympic Games in Beijing- with a luxury version to it having 88 diamonds surrounding the phone. The 88 diamonds represent double wealth in the world of the superstitious Chinese.

This brilliant new model phone, for those wealthy people who don’t want to be common, costs $8,219. Chinese people would especially be hyped by the 88-diamond model iPhone. Chinese people pay small fortunes simply to have the number eight on their license plates or their phone number.

                                        

The number eight has been in trendy forever. Moreover, the Olympic Games’ opening date is set for 8/8/08 at 8 p.m. De Vere of London has been trying to create and design a luxury phone that is not too much, and which is rare. Philip De Vere thought that the iPhone had come out at a perfect timing with its slick back and its unique style. Adding some diamonds to the phone makes it “Very chic and glamorous.”

Generally, the maximum amount of diamonds that can be set in the iPhone is from 25 to 425. Choices of patterns, quantity, or layouts can vary. Additional options and exclusive designs may include sapphires, rubies, and emeralds as well.

The growing popularity in diamonds has surely made a move on the De Beers company’s profits, increasing by 10% to 3.7 billion, which produced 24-million carats within a period of six months ending in June. South African production had fallen by 16% with the sale of Koffiefontein Mine to Petra.

Adjoining countries such as Namibian, which dropped 16%, has also been affected by the power supply crisis.

De Beers Canada put in its first diamonds after Botswana saw production decrease by one percent. Even though Canada summed to only three percent of the group’s total from the first half, it is assumed to rise again, once Snap Lake and Victor mines open this half.

De Beers, one of the largest companies of owning rough diamonds, expects its new Canadian mines to be in place of the Russian gems it is now banned from doing business with, to please competition authorities of the European Union.

 While De Beers deals with the selling of Cullinan and Kimberley’s underground operation’s to Petra, the company is also in the process of buying yet another mine here.

The chairman of the new mine, Voorspoed, says that the deal was being done nine months ahead of time. De Beers has surely marked a record for the first time of purchasing three big mines in one year.

The company of De Beers has not been listed in the stock exchange since June 2001. Yet, it continues to make its financial outcome public, as a 45% owned Anglo American supplementary, with the Oppenheimer family have possession of 40% and the Botswana government 15%. Â

A pair of diamond earrings with an average value of $20,000 were found in a New York dumpster after they were accidently thrown away.

The owner of the diamond earrings, as well as her husband and dustmen were lucky enough to find the earrings only after an intense search in filthy garbage.

The earrings, which had a total of three-carat diamonds, were an anniversary gift for Haya Sharon. The find of the earrings were considered “a miracle” to Haya Sharon, who thought she’d never see them again.

The earrings were left in a small jar of cleaning solution in the Ms. Sharon’s jewelry shop when one of the workers accidentally threw in away.

The earrings were tracked down to Fresh Kills landfill, where the garbage from New York is compacted and sent out of the state.

Keith Mellis, the dump  spokesman said it was not the first time precious stones were recovered from piles of city trash, Other such findings included engagement rings as well.

Although the relationship has been on and off for a while, Kelly Brook now seems to be making it pretty clear as she walks out in London last night with her on/off boyfriend, Billy Zane’s engagement ring.

Since her boyfriend had gotten back with her, Kelly Brook, 28, has been hesitant to wear her engagement ring, up until now.

As the model was leaving after dinner at The Ivy, she was full of bright smiles as she flashed her sparkling engagement ring worn on her left finger.

                   

Brook was gleaming with happiness and felt very content and certain.

It is obvious that Brook was trying to send some sort of message as she walked out that night, knowing she will be the center of attention.

The scene of that night is surely going to spread some rumors of an official engagement to Billy Zane, who is 42.

After a long time apart from each other, since earlier this year, the couple rekindles their romance.

But, as Kelly works in Virginia on an upcoming US TV project, the couple has not been seeing each other as often.

It has been reported that while they were having this time of separation last month, Zane was caught trying to flirt with girls in an LA nightclub.

Kelly then decided to break up her engagement because she felt that at her age she was still too young to get married.

Trying to stay apart from each other only lasted a few weeks, as it appears the couple could not live without each other while they were photographed holding hands at a cafe in London.

In May, Kelly took a flight back to Cannes so that she could be with her man as he upheld his new movie, The Man Who Came Back. It was then that the couple announced they were officially back together again.