AGTA updates code of ethics, stressing due diligence
The American Gem Trade Association (AGTA) announced that it has amended its Code of Ethics and Principles of Fair Business Practice as it seeks to strengthen global supply chain integrity.
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Forevermark event supports wildlife conservation in Botswana
More than 100 guests were present at an event to support the establishment of Tlhokomela Trust – a collaboration between Forevermark and safari specialist Explore, Inc, whose aim is to protect Botswana’s rhinos.
Signet unveils protocol for responsible diamond sourcing
Signet Jewelers launched a responsible diamond sourcing protocol that it claims will increase transparency and improve the integrity of the global supply chain.
Lucapa recovers 404 carat diamond in Angola
The stone is the largest recorded diamond find in the country. Lucapa Diamond Co. has recovered a 404.2 ct. diamond at its Lulo mine in Angola.
CVD lab-grown diamonds available for sale with GIA natural diamond certificates
A Diamond Intelligence Briefs (DIB) investigation has revealed that a vendor on the leading online global wholesale platform, Alibaba, has offered CVD lab-grown diamonds with GIA certificates.
Organized synthetics – Insights
The natural diamond trade should welcome the establishment of the International Grown Diamond Association (IGDA) announced last week even though it may actually serve as a wake-up call for the industry.
Interview with a director of the new Lab-Grown Diamond Association
Richard S. Garard, CEO of equipment manufacturer Microwave Enterprises, was recently appointed secretary general of the International Grown Diamond Association, the just-formed umbrella organization for the lab-grown diamond industry.
IDI chairman presses DPA to create large budget for generic advertising
Newly-elected Israel Diamond Institute Group of Companies (IDI) chairman Shmuel Schnitzer, has called on the Diamond Producers Association (DPA) to invest a “substantial amount” on generic advertising.
NRF predicts bumper Valentine’s Day spending
The National Retail Federation (NRF) has estimated that US consumers will spend around $4.4 billion on necklaces, earrings and other jewelry items this Valentine’s Day.
LVMH sees watch, jewelry profits climb
Paris – Luxury goods conglomerate LVMH had success with Bulgari and TAG Heuer’s new smartwatch in 2015, though its CEO acknowledged that global economic “uncertainty” remains.
De Beers to launch Non-Forevermark grading from U.K. lab
De Beers will offer grading of non-Forevermark diamonds from its U.K. laboratory for the first time from March 1 as the company expands a service currently existing in Antwerp and Surat.
Lucara to hold this year’s first exceptional stone tender in April
Lucara Diamond Corp. will hold its first exceptional stone tender of 2016 from April 4 to 13 in Gaborone, Botswana.