GIA to close Antwerp branch next month
The Gemological Institute of America (GIA) will shutter its Antwerp laboratory on July 31 in response to dwindling demand, the organization confirmed to Rapaport News.
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RJC elects new member forum representatives
The elections took place at the organization’s recent annual general meeting.
GIA reports are going all digital, and here’s how it will work
The Gemological Institute of America (GIA) announced [Tuesday June 7] that, by 2025, its lab will issue only digital grading reports, ending more than 50 years of providing paper documents.
Ukraine wants Russian diamonds labeled “conflict”
On Monday [May 16], the State Gemological Centre of Ukraine wrote to the chair of the Kimberley Process (KP), asking it to redefine conflict diamonds in a way that would likely shut out Russian diamonds, in response to that country’s ongoing war against Ukraine.
Demand for diamond traceability spikes – Interview with Sarine Technologies’ CEO David Block
The diamond and jewelry industry is seeing a surge of interest in traceability programs as companies throughout the pipeline seek to avoid Russian supply. So says Sarine Technologies CEO David Block.
A meeting with the Young Diamantaires and their project to support the Renaissance School in Massina
Launched in 2016 during the 37th World Diamond Congress in Dubai, organized by the WFDB and the IDMA, the Young Diamantaires group now has almost 500 members from the industry’s ‘young guard’ across all market segments. To have a better understanding of this group and its objectives, and to present their fundraising project for the […]
Russia crisis prompts De Beers to fast-track Tracr
The recent geopolitical storm pushed De Beers to accelerate the expansion of its blockchain platform, chief brand officer David Prager told Rapaport News.
New project aims to restore damaged mining land
Nongovernmental organization Resolve has launched a project to rehabilitate land affected by artisanal and small-scale diamond mining in Africa.
De Beers plans to make all its diamonds trackable
At [the sight of May 2nd’s week] in Botswana, De Beers offered all its sightholders diamonds whose origins can be tracked through the pipeline, through its blockchain-based Tracr platform.
UK slaps 35% tariffs on Russian diamonds
The UK has imposed heavy tariffs on Russian diamonds as it attempts to up the pressure on President Vladimir Putin following the country’s invasion of Ukraine.
Russian Diamonds: The Prisoner’s Dilemma
The Russian invasion of Ukraine is changing the diamond industry’s governing dynamics. The last time something similar happened was after 9/11, when the American Congress adopted the Patriot Act in October 2001. Global business fundamentals had to change including for the diamond and jewelry industries. As a result, the Kimberley Process was born in 2003 […]
GIA is expediting diamond source verifying service to meet demand
A new service through the Gemological Institute of America (GIA) aims to help jewelry business owners and consumers looking to source their diamond before making a purchase, creating a verifiable point of origin for the stone.
