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.
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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.
RJC appoints interim Boss after Van der Veken’s departure
The Responsible Jewellery Council (RJC) has appointed vice chairman John Hall to serve as interim executive director.
Crisis mismanagement
The Responsible Jewellery Council (RJC) finally broke its silence on Alrosa’s membership. The organization was forced to respond after such prominent members including Richemont, Kering, Pandora and Watches of Switzerland withdrew from the organization in protest of the Russian company’s continued involvement. Executive director Iris Van der Veken quit her job over the issue.
Bulgari quits RJC board
Two more luxury brands have curtailed their involvement in the Responsible Jewellery Council (RJC) as the fallout from the Russia-Ukraine war continues.
Alrosa suspends RJC membership
The Russian diamond miner’s membership had been a point of contention, causing major companies to leave the organization.
Six months after its launch, the Watch & Jewellery Initiative 2030 is officially founded with new members joining
Press release – Six months since the creation of the Watch & Jewellery Initiative 2030, membership has risen with new members, representing brands from different market segments, marking a level of diversity that is key to ensure the industry creates a durable and positive impact for the panel and for people.
What do we mean when we say ‘Responsible’?
It’s a question that’s been on Editor-in-Chief Michelle Graff’s mind since Feb. 24.
ALROSA steps down from the board of the Responsible Jewellery Council (RJC)
Press release – ALROSA has voluntarily stepped down from the position of Vice-Chair of RJC, temporarily leaving the Board of Directors.
RJC Executive Director resigns as Alrosa’s status splits group
Iris Van der Veken has resigned as executive director of the Responsible Jewellery Council (RJC), in response to how it is handling the current status of Russian diamond miner Alrosa, sources tell JCK.