Myths busted: the truth about diamonds
Myths about the industry, especially among consumers, are some of the hardest to debunk. Here, leading experts correct some common misconceptions.
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Collaboration spirit for the 2017 KP Plenary
WDC thanks participants for embracing the spirit of collaboration and open dialogue.
ALROSA among top 3 for environmental responsibility
PJSC ALROSA ranked among the top three in the environmental responsibility rating of the Russian mining and smelting companies. The rating results were announced by the UN Office in the Russian Federation on Monday, December 11.
Clean operations, clear conscience, diamonds with integrity
In a further update to the theme of the good that diamonds do, we learned today that Russian diamond mining giant ALROSA has been ranked by the UN Office in the Russian Federation among the top three firms for environmental responsibility among Russian mining and smelting companies.
ALROSA becomes a certified member of the RJC
ALROSA has become a certified member of the Responsible Jewellery Council (RJC) by achieving certification against its Code of Practices through meeting the highest ethical, human rights, social and environmental standards as established by the RJC.
Diamonds Do Good: sharing the wealth
From funding hospitals to keeping conflict stones out of the pipeline, the industry is investing in the future of its mining communities.
The diamond trade cares about origin of diamonds, but do consumers?
It’s a question that comes up not infrequently in discussions at diamond conferences and elsewhere: do consumers care enough to ask about the origin of diamonds when they are in a store considering a purchase?
KP Plenary in Brisbane to discuss reform of Kimberley Process
The World Diamond Council (WDC) called to start an open discussion of a possible Kimberley Process (KP) reform at the KP Plenary meeting to be held in Brisbane, Australia on December 9-14, 2017
Lab spots stone with CVD coating
A Chinese gemological laboratory has identified a well-concealed synthetic-diamond coating that bolstered the size of a small natural stone.
De Beers taps Blockchain for diamond tracking
De Beers is investing in blockchain technology that will enable the industry to trace a diamond’s entire transaction history.
Will UAE’s VAT be a hurdle for its growth as a major diamond hub?
The recent news that the United Arab Emirates (UAE) will be introducing 5 percent value-added tax (VAT) from January 2018 on both, rough as well as polished diamonds, has stirred and shaken the Indian diamond industry which has close business affiliations with the country.
Lab-grown diamonds become a bandwagon
Yes, many in the industry remain wary of lab-grown diamonds, and events like the report of a fake GIA inscription certainly don’t help matters.