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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)
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.
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.
While some see opportunity, others question its stability.
HRD Antwerp and the International Gemological Institute (IGI) have both released credit card-sized diamond reports, aiming to make grading more efficient for traders.
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.
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.
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
The CSR acronym has gained increasing attention in the diamond and jewelry industries in recent years.
The International Institute of Diamond Grading & Research (IIDGR), part of the De Beers Group, will provide diamond verification services to Singapore Diamond Mint Company’s (SDM) new investment-grade diamond product, Diamond BullionTM, listed on the Singapore Diamond Investment Exchange (SDiX).
For the fourth consecutive year, CIBJO, the World Jewellery Confederation, has been certified as carbon neutral, after offsetting its greenhouse gas emissions for 2016.
The Diamond Empowerment Fund has announced a $130,000 grant to the Graça Machel Trust, the pan-African women’s and children’s rights organization