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.
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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.
It’s crucial everybody feels confident that their suppliers use the System of Warranties – Stephane Fischler
The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) launched this package of measures to strengthen the Kimberley Process Certification Scheme (KPCS)
GIA finds synthetic diamond with forged inscription
Fraudsters forged a Gemological Institute of America (GIA) inscription on a synthetic diamond to make it appear that the stone was the true bearer of a natural-diamond grading report, the institute said.
Industry bodies agree to harmonise Diamond Blue Book and IDC nomenclature
CIBJO, the World Jewellery Confederation, the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have fulfilled the final stage of an agreement, by which the nomenclature used by the International Diamond Council (IDC) will now be harmonized with that of CIBJO’s Diamond Blue Book.
Is Bitcoin good for diamonds?
While some see opportunity, others question its stability.
Labs launch credit card-sized grading reports
HRD Antwerp and the International Gemological Institute (IGI) have both released credit card-sized diamond reports, aiming to make grading more efficient for traders.
Analysis: the state of the diamond industry
New York–Although there is no way of knowing how many undisclosed lab-grown diamonds are circulating, analyst Chaim Even-Zohar estimates approximately $750 million worth of gem-quality man-made diamonds entered the supply chain in 2016.
World Diamond Council holds 13th annual meeting in Dubai
The World Diamond Council (WDC), which prevents conflict diamonds from entering the legitimate global supply chain and protecting the value of natural diamonds, concluded its 13th annual meeting this week in Dubai.
RJC And DMCC in CSR and sustainability in jewelry industry agreement
The Responsible Jewellery Council (RJC), which certifies members of the entire jewelry supply chain, has signed a Memorandum of Understanding (MoU) with the Dubai Multi Commodities Centre (DMCC) to work on advancing shared objectives