Diamonds & Engagement Rings News

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.

While Peaches Geldof was out at her husband’s concert last night, everyone else had been wondering whether her marriage to American Max Drummey was already in trouble…

Nineteen year old Peaches was spotted with still no wedding ring on her finger while at her new husband’s concert.

Although it has not caught people’s attention that she was not wearing a wedding ring in previous occasions, lately Peaches looks like she is making an effort to be seen wearing different rings. It seems like she is trying to make it appear as a symbol of her shocking wedding earlier this month in LA.

However, watching her husband perform with his band N*E*R*D at London’s Astoria last night, Peaches was wearing no ring at all on her finger, going back to her old ways.

At last, the pair had a photo taken of them together with their arms linked while leaving the place later that night, except neither was smiling.

After eight days of being apart the couple finally had a chance to spend some time together on Tuesday.

For a couple that had just gotten married, Peaches and Max Drummey look very somber leaving the concert that night.

After only four weeks together, the couple were wed in an infamous Little White Chapel. The ceremony lasted just fifteen minutes with barely one witness to it.

Rumors were out claiming the wedding was just an act to support Drummey’s band, who are about to make public a new album.

Peaches’ agent had released a statement confirming that the couple had wed with the full support of family and friends.

There are references, which state that Drummey is using marriage to enhance his career.

Pixie, seventeen, Peaches’ younger sister is very concerned about her sisters marriage and future.

              

Peaches says, “Peaches has got problems just like all of us have about what happened to my mum.”

The well-known singer, Bob, Peaches father was initially thought to disapprove of hos daughters wedding, but out of no choice, he is ready to support his daughter in whatever decision she makes.

A treasure hunter using a metal detector finds a medieval gold ring with a rare black diamond ring set inside.

A forty-two year old from Hinckley named John Stevens noticed the ring had some lettering after he brushed off the mud signifying that it was of the early medieval period, probably the 11th century.

Not having been valued yet, the ring is presumed to be worth tens of thousands of dollars.

Brett Hammond, a specialist in antiquities said, “It was clearly an important item of treasure, It is a gold ring possibly containing a rare black diamond. It is a beautiful early medieval inscribed finger ring that would have been owned by a very wealthy person, in the church or possibly even royalty.

        

“Common people in that era were not even allowed to own gold, so it must have been owned by a powerful person.”

Since black diamonds are so rare nowadays, coming from Africa, then going back about 1,000 years ago, black diamonds must have been even rarer.

John Stevens states that he was in a ploughed field with a bunch of friends when he came across the ring about five inches deep. He says, “It is boldly inscribed with lettering that certainly looks very early medieval to my untrained eye.

“I don’t know yet what the letters spell out, but if they indicate a royal owner it might be worth tens of thousand of pounds.”

             

Although there are rumors that Hilary might be engaged because of her new bling, there are also many doubts.

The primary reason that Hilary does not seem engaged is because even though she seems like a regular and simple girl does not mean she wouldn’t prefer a multiple carat ring over a plain gold band.

Furthermore, Hilary Duff is known for wearing lots of jewelry, especially rings. The most recent proof of this os on Friday when Hilary was at Katsuya with her boyfriend Mile Combrie she was wearing three different rings on her right hand. Several weeks before that she was seen wearing an enormous and bulging ring on her left hand with a bunch of bracelets added to it.

This is confirmation that Hilary Duff is most probably not engaged and is just having some fun with some more rings and new styles.

      

             

What do you think? Engaged or not?

          

The most essential occasion of their lives had taken place at their luxuriant Los Angeles home. The ceremony of Portia de Rossi and Ellen DeGeneres was very intimate, consisting of close family members of the brides. There was a total of nineteen people reported to attend the wedding. As part of the guest there were DeGeneres’ mother Betty and de Rossi’s mom, Margaret Rogers. Margaret Rogers was flown in from Australia to attend her daughter’s wedding. There were no other celebrities to attend the wedding ceremony.

Both brides wore Zac Posen and the rings, which were exchanged, were signed by Neil Lane. The couple exchanged handwritten vows. According to several reporters, an LA florist named Mark’s Garden adorned the flowers.

A spokesperson at the wedding had confirmed the happy occasion by saying, “Ellen DeGeneres and Portia de Rossi were married tonight in an intimate ceremony at their home in Los Angeles.”

Soon after the Supreme court of California permitted the marriages of gays, Portia was spotted sporting a marquis shaped three-carat pink diamond ring on her finger. By that time, DeGeneres was winning her fourth statue for her unbelievable talk show host category. It was reported that Ellen joked that her Emmy trophies would be adorning her wedding cake.

                       

While walking down the red carpet Ellen states, “planning a wedding is very stressful. It is crazy. My gardener is now invited.”

Rumors had it that after the couple had purchased an 8,500 square foot Cabrillo Drive home last year, they were planning on closing off their part of the street, making their home an ultra private dwelling. Their decision was yet to hang on the results of a public hearing. Â