JEWELLERY NEWS
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Liz Taylor's jewellery prices outstrip estimates

The actress' appearances on the silver screen transformed men with hearts of stone into quivering masses during Hollywood's Golden Age. On Tuesday night, the simple fact that they were once worn by Elizabeth Taylor transformed the silver, the stones and the gold themselves into fortunes.

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CNN: 14th December 2011
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Chow Tai Fook IPO raises less than expected

HONG KONG — Hong Kong-based Chow Tai Fook Jewellery Co. has raised a lower-than-expected US$2 billion from its share sale after pricing them at the bottom of its expected range, a report said Friday.

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AFP: 8th December 2011
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Diamond demand to outpace supply growth

LONDON — Chinese and Indian appetite for diamonds will fuel demand growth of more than 6 percent a year over the next decade and almost double the size of the market, far outpacing supply increases limited by a lack of new mines, Bain & Company said in a report.

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Reuters: 6th December 2011
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De Beers to extend life of mines

De Beers plans to develop strategies over the next two years to extend the life of two of its three south African operations to maintain production at about 6-million carats a year.

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Business Day: 5th December 2011
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$12m pink diamond to go under the hammer

A 22 carat rare pink diamond worth $12 million is going under the hammer at a Sotheby's auction in New York. A 33 carat cushion-shaped diamond, also on the auction block, is expected to fetch just over $6 million.

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Sky News Australia: 4th December 2011
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Diamonds don't fit well into BHP mining strategy

BHP Billiton's flagged sale of its $US1.7 billion ($1.7bn) Ekati diamond mine in Canada's northwest territories has sparked speculation the big miner is looking to divest assets that might not fit into its often-stated preference for big, long-life, low-cost expandable assets.

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The Australian: 1st December
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