Diamonds & Gemstones articles

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IIDGR launches world-first synthetic diamond detection course

IIDGR launches world-first synthetic diamond detection course

The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, has announced the launch of a world-first Synthetic Diamond Detection training course. The two-day lab-based course will be unveiled in the US towards the end of the JCK trade show in Las Vegas, and in India at the IIDGR Facility in

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Fancy colour diamond prices remain stable in Q1 2017

Fancy Color Diamond Index for the first quarter of 2017 indicates pricing stability across most fancy colour diamond categories. The main exception was blue fancy colour diamonds, which saw a 1.9% price increase in the first three months of 2017, continuing the trend of 2016. During the same time, yellow and pink fancy colour diamond

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IDE becomes first diamond bourse to instate ethical code of conduct

The Israel Diamond Exchange (IDE) has become the first diamond bourse to initiate an ethical code of conduct. The code, which took over two years to complete, requires IDE members to conduct their business interactions according to the principles of accountability, trust, fairness, integrity, expertise, tradition, industriousness, mutual responsibility and respect for others. The ethical

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IDE appoints retired judge to rule large arbitration cases

In a significant departure from its 80-year tradition, the Israel Diamond Exchange (IDE) has announced that its hallowed Arbitration Institution will now be headed by a retired District Court judge, instead of a fellow bourse member. Financial disputes between members totaling $400,000 and above, as well as appeals on smaller disputes, will be brought before

epa03948242 (FILE) A file picture dated 24 October 2013 shows a model wearing the Pink Star diamond at Sotheby's auction house in London, Britain. The Pink Star, a 59.60 carat vivid pink diamond, is considered the most valuable diamond ever to be offered at auction. The jewel is expected to fetch USD 60 million at auction in Geneva on 13 November.  EPA/ANDY RAIN

Pink Star becomes most expensive gemstone sold at auction

At last night’s Magnificent Jewels and Jadeite Sale in Hong Kong Sotheby’s set a new world auction record for any gemstone at auction as the Pink Star sold for more than $71m (£57m). After five minutes of bidding the 59.60ct oval mixed-cut fancy vivid pink, internally flawless diamond, was acquired by renowned Hong Kong jeweller

LONDON - DECEMBER 07:   A jeweler examines a brilliant cut 1.01 carat diamond on December 7, 2006 in London, England.  The  UN General Assembly passed a resolution on December 4, 2006 backing the Kimberley Process, a global initiative aimed at preventing "conflict diamonds" from funding warfare and civil unrest.  The issue will be highlighted by the forthcoming release of the new Leonardo Di Caprio film "Blood Diamonds"  (Photo by Bruno Vincent/Getty Images)

London Diamond Bourse appoints ethical issues advisor

The London Diamond Bourse (LDB) has announced the appointment of Katherine Chappell as its special advisor for ethical issues to its council of management. Chappell is a longstanding member of the LDB and a specialist in fairtrade principles. Her appointment has been made to help enhance conversations around responsible sourcing and strengthen the Bourse’s understanding

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SAND Diamonds expands into emeralds

Diamond specialist company SAND Diamonds will now offer the UK jewellery industry emeralds at competitive prices. SAND Diamonds, which currently supplies the trade with large loose diamond stones (specialising in 3ct+) and ready-made jewellery, can now offer the UK market Colombian emeralds as well. Due to a successful 2016, SAND Diamonds chief executive officers Dovi Friedmann

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Firm’s traceability tech to instil ‘confidence and trust’ for jewellers

The Gübelin Gem Lab, one of the world’s leaders in the analysis of precious gemstones has launched a new technology to trace emeralds back to their origins. The Emerald Paternity Test is designed to offer jewellery brands a new level of transparency when sourcing emeralds, aiming to instil confidence and trust, so says the company.

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De Beers Group takes full control of retail arm in LVMH buy-out

The De Beers Group has assumed total control of its eponymous retail brand, De Beers Diamond Jewellers, after purchasing LVMH’s 50% shareholding. De Beers Diamond Jewellers’ retail network comprises 32 stores in 17 key consumer markets around the world. This includes a growing business in greater China and with Chinese clients worldwide, an established presence

Diana Verde Nieto

GUEST COLUMN: A positive outlook for the luxury jewellery sector?

Diana Verde Nieto, chief executive officer, Positive Luxury What makes a luxury product like jewellery desirable in 2017 is very different to what made an item a must-have even five years ago. As the world around us changes at what feels like a dizzying pace, the luxury industry does too. Last month, Positive Luxury released

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