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In February, the International Grown Diamond Association (IGDA) has lived to be exactly one year old. However, there is no much fanfare audible – this modest jubilee has been slipped over by the industry media, regrettably.
All last year, the entire diamond industry was riveted to the scandal in the Kimberley Process (KP) – someone feeling indignation, some being puzzled, and some openly sympathizing. It was the first time in the history of the KP that it was declared a boycott by non-governmental organizations (NGOs) within the Civil Society Coalition (CSC).
The Diamond Producers Association (DPA) plans to audit synthetics detectors to help the industry navigate its way around the broad choice of machines available on the market.
Ahmed Bin Sulayem, the KP chair in 2016, delivered a speech on the draft resolution “The role of diamonds in fueling conflict” at the UN general assembly 69th plenary meeting, 71st session, on February 2.
The controversial Dodd-Frank Section 1502 will likely be weakened by the new administration.
Analysts are unanimous in asserting that public welfare in recent years has been growing across the world, saying that if this is so, demand for jewelry is growing as well. Meanwhile, diamond consumption and diamond prices are inexorably going south in the last few years.
The Responsible Jewellery Council (RJC) introduced an updated self-assessment workbook in a revised format that provides extra guidance to help members understand its code of practices.
Press Release – A major motion picture chronicling Botswana’s rise to democracy, and starring David Oyelewo and Rosamund Pike.
India has beefed up its diamond disciplinary capabilities to put a stop to bankrupt traders setting up new companies to escape debts and curb other fraudulent activities.
Lab-grown red diamonds with an atomic defect could one day replace GPS systems thanks to their remarkable sensitivity to magnetic waves, according to scientists at Element Six which is majority owned by De Beers.
Press Release — Dorothée Gizenga, Executive Director of the Diamond Development Initiative, is among 26 new appointees to the Order of Ontario, the province’s highest honour.
Israel’s diamond industry reached an agreement with authorities on a new law that exempts traders from paying taxes if they incur a loss.