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The De Beers Group has announced it is progressing development of the first blockchain technology initiative to span the diamond value chain and provide a single, tamper-proof and permanent digital record for every diamond registered on the platform.
The Diamond Development Initiative (DDI) is marking 10 years of efforts to transform artisanal diamond mining into an economically viable, socially and environmentally responsible activity
Of all the companies that have entered the jewelry business in recent years, Dell may be the most unlikely.
Sales at Richemont’s jewelry maisons grew 5% year on year to $2.18 billion (EUR 1.83 billion) in the fiscal third quarter of 2017, which included the holiday season.
To proclaim such a bold statement as that stated in the headline, one must first describe the elements of the theory and portray the different layers methodically as if standing in front of an esteemed Grand Jury. This ensures that all the parts of the story match perfectly as not to create a false big […]
GIA will open a new laboratory in Surat, India, and expand its long-term presence in Antwerp, Belgium, in the second quarter of 2018 to meet the needs of the global gem and jewelry industry.
1 / Generation Next We’re living in a millennial world. But how long until the following generation takes hold? America’s newest demographic, Gen Z, comes with its own set of peculiarities—and challenges.
The European Union will take over chairmanship of the Kimberley Process in 2018, according to the diamond certification scheme’s final 2017 communiqué, which was issued following its year-end Plenary in Brisbane, Australia.
In a year of soaring stock prices, US retail shares largely underperformed in 2017 as consumers (and investors) abandoned traditional shopping channels in favor of e-commerce platforms.
Alrosa is considering implementing blockchain or other technology ideas for its rough and polished stones to address challenges with conflict diamonds and undisclosed synthetics, the miner told Rapaport News.
The issue of man-made, lab-grown, or synthetic diamonds is continuing to gather pace. Production capacity is continuously expanding, the volume of such stones is growing every year – and is now estimated at 2-3 percent of global output with several million carats being sold – and the quality and size of the stones is rising.
A who’s who of the appointments and disappointments in the industry this year. The past year has seen a number of changes in management-level employees within the diamond industry. Here’s a breakdown of the new faces and departures for 2017