Nir Livnat: Diacore and De Beers Purchase Five Extraordinary Blue Diamonds

By: Diacore
1 2
Petra Diamonds
Petra Diamonds
LONDON - Dec. 29, 2020 - PRLog -- Diacore and De beers Group who have been great partners in the diamonds business have recently bought five rare extraordinary blue diamonds through a joint effort. The biggest diamond is 25.75 carats, with the total carat count for all the diamonds being 85.62. The purchase price totaled $40.36 million, which the two partnering companies shared in equal ratios.

While celebrating the milestone, Nir Livnat, the Executive Chairman of Diacore, indicated that Diacore is the leading company in the rare gems business globally. The partnership with De Beers Group has, however, given them a significant thrust in the industry. Before purchasing the five magnificent gems, the two companies had previously cut the 203.04 carats millennium star diamond.

"This is an exciting chance," said Nir Livnat. "We are thrilled by this recent development, and we are looking forward to discovering more special gems through our combined expertise and further collaborations," he added.

Livnat further explained how they are planning to advance their business agenda by picking out the most experienced workers from each side to work on the diamonds and transform them into their best version before putting them up for sale.

Diacore and De Beers are both well-established companies in the Diamond mining and processing industry. Diacore is well known for selling rare rough and processed diamonds all over the world. They are credited for making some of the most famous diamonds, such as the 203-carat millennium start and the 59.60-carat pink star.

De Beers carries the title of being the largest diamond producer in the world. Through their different operations, they have employed more than 20,000 people across the globe.

The Cullinan Diamond Mine

The Cullinan Diamond Mine is one of the most renowned diamond mines in the world, and this is where Diacore and De Beers Group purchased the five rare blue diamonds from. The mine has for many years been the source of some of the most outstanding gems.

The place associated with the legendary British Crown Jewels is named after a very famous and rare diamond, the Cullinan, which was discovered there. Cullinan has produced unique and rare diamonds in the past, and this very recent discovery of blue diamonds is not an exception.

Tags:Nir Livnat, Nir, Livnat, Diacore, De Beers, Petra Diamonds, Blue Diamonds
Industry:Jewelry, Business, Financial
Location:London City - London, Greater - England
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Page Updated Last on: Dec 29, 2020

Like PRLog?
Click to Share