Surat jail and diamond firm teaching cutting and polishing to inmates
A jail in Surat, India’s main diamond processing center, has come together with a diamond firm to provide diamond cutting and polishing skills to prisoners.
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Millennials see diamonds as an investment, poll says
Four-fifths of millennial woman see diamond jewelry as a long-term investment, according to a new survey by Kelton Research.
De Beers and Stanford to empower youth and entrepreneurs in Southern Africa
De Beers Group has invested $3 million in a three-year partnership with Stanford Graduate School of Business (GSB) to empower young, aspiring entrepreneurs and established business owners in Botswana, Namibia and South Africa.
DDI Mobile Schooling Program helps 110 children from remote DRC areas graduate
The Diamond Development Initiative’s (DDI) mobile schooling program has seen 110 children from remote mining communities in the Democratic Republic of Congo honored in front of their friends and family in celebration of completing their remedial primary education program and passing their state exams.
Fancy Color Diamond price index unchanged during Q2 2017, reports FCRF
Analysis of pricing data by the Fancy Color Research Foundation (FCRF) for the second quarter of 2017 indicates overall pricing stability across all categories over the same quarter in the previous year.
Jewelry store 2.0?
Experiential diamond retailer opening on Fifth Avenue.
US sanctions on Russia: diamond impact unclear
US President Donald Trump has said he intends to sign off on sanctions against Russia, but the diamond trade is still in the dark over how the move could affect the industry.
Sarine claims superior accuracy for grading tools
Sarine Technologies’ new automated color- and clarity-grading systems are yielding more reliable results than manual graders, the company has claimed.
LVMH reports 14% increase in H1 jewelry, watch sales
Sales for LVMH’s Watches & Jewelry division rose by a double-digit percentage in the first half of the year, the company reported Thursday.
Tiffany unveils first ads under new design boss
Six people from diverse creative fields will feature in Tiffany & Co.’s 2017 fall advertising campaign — its first under new chief artistic officer Reed Krakoff.
De Beers open to idea of acquiring new assets, says CFO
De Beers is open to buying new assets at the right price, its chief financial officer said following the release of its financial results for the first half of this year.
India cracks down on mixing synthetic with natural diamonds
On the second day of the India International Jewellery Show (IIJS) Premiere 2017, chairman Praveenshankar Pandya announced renewed efforts on the part of the Gem and Jewellery Export Promotion Council (GJEPC) to eliminate mixing synthetic diamonds with natural diamonds.