RAPAPORT... GGTL Laboratories has developed technology that can match a stolen diamond to its identification report, even after it is recut to hide its origin. Technicians use a range of analytical identification data found in the stone, similar to a fingerprint. The information, which is derived through spectral and imagingdata, maps the internal features of a diamond. Those parameters are t...Read More
RAPAPORT... Mahiar Borhanjoo is set to leave Venus Jewel Internationalto become CEO of the DFL Group, the company behind a new onlinepolished-diamond hub. Borhanjoo has been managing director of India-based Venus Jewel, aleading polished manufacturer and supplier, since 2015, overseeing atransformation of the company's brand and online platform, DFL said Friday.Hepreviously served six years a...Read More
RAPAPORT... De Beers has launched an online resource for sharing information and tools that will help members of the trade join its blockchain program. The Tracr Community will provide participants with educational materials and standards for moving their business onto the Tracr Beta Platform, which will open to the entire industry over the summer. "As industry adoption of Tracr grows, we wi...Read More
RAPAPORT... The Gemological Institute of America (GIA) will offer provenance reports for colored diamonds, expanding its existing service matching polished to the original rough. The organization analyzes the physical measurements andother scientific data from natural rough stones and assigns each a uniqueidentification number. When a polished diamond bearing that same rough ID is submitted f...Read More
The Gemological Institute of America (GIA) said it has added natural colored diamonds to the GIA Diamond Origin Report Service. The service scientifically matches faceted D-to-Z - and now also natural colored diamonds - to their original rough to confirm the gem's country of origin. "Reaction to the GIA Diamond Origin Report is very positive," said Tom Moses, GIA executive vice presiden...Read More
Registration is now open for the 2019 Bharat Diamond Week (BDW) which will take place at the bourse from 14 to16 October. The third edition of the event, following the two shows held last year, will host delegations of buyers from China, Australia, and various Asian countries. The second edition of the Bharat Diamond Week last October hosted more than 1,000 visitors from India and across the world...Read More
The Diamond Producers Association (DPA) launched an expanded offering of educational assets available to the jewelry trade at JCK Las Vegas. The new asset package includes a free social media asset library that will be expanded regularly to help retailers feed their digital channels with fresh, insightful and compelling content for consumers. The social media asset mix includes both st...Read More
The DFL Group, which is building an international ecosystem that will provide multiple suppliers and buyers with financing, online sales capacity that includes polished diamonds, has announced the appointment of Mahiar Borhanjoo as its new chief executive, effective June 17, 2019. UNI.Diamonds is the DFL Group's online diamond trading platform. Mr. Borhanjoo joins the DFL Group from Venus Jew...Read More
Just prior to the opening of the Las Vegas gem and jewelry shows, the De Beers Group announced the launch of the Tracr Community for the education and collaboration of industry participants. Tracr???EUR? ? is a diamond traceability platform that is developed by De Beers in collaboration with the diamond industry. Tracr's Community launch is the signal to the diamond industry that the platfor...Read More
According to several sources, no less than 77 cooperatives have been authorized to explore diamonds in a number of Angolan provinces of by state diamond company Endiama. The spokesperson for Operation Transparency's Advanced Command post, commissioner Ant?? ?nio Jos?? (C) Bernardo, said the cooperatives will operate in the provinces of Lunda Norte, Lunda Sul, Malanje, Uige, Kwanza Sul and Kwa...Read More
RAPAPORT... GGTL Laboratories has developed technology that can match a stolen diamond to its identification report, even after it is recut to hide its origin. Technicians use a range of analytical identification data found in the stone, similar to a fingerprint. The information, which is derived through spectral and imagingdata, maps the internal features of a diamond. Those parameters are t...Read More
RAPAPORT... The Gemological Institute of America (GIA) will offer provenance reports for colored diamonds, expanding its existing service matching polished to the original rough. The organization analyzes the physical measurements andother scientific data from natural rough stones and assigns each a uniqueidentification number. When a polished diamond bearing that same rough ID is submitted f...Read More
RAPAPORT... Swarovski, the Austrian jeweler famous for its cut-glass crystals, is preparing to launch its natural diamond operations, Nadja Swarovski, head of corporate communications and design services, said in a panel discussion at the JCK Las Vegas show on Friday."We believe in the natural diamond story and we want to tell the story of a product that makes a positive contribution," Swarov...Read More
RAPAPORT... The JCK Las Vegas show opened to steady traffic on Friday, as exhibitors expressed concern about declining polished prices and the growth of lab-grown diamonds. Botswana President Mokgweetsi Masisi opened the show, stressing the contribution that diamonds have made to development in the southern African country. "We are in a space to utilize our revenue from diamonds to carve out...Read More
Production has officially ceased at the first and only diamond mine in the Canadian province of Ontario- the Victor mine owned by De Beers Canada. The news comes 10 years and 10 months after the mine was officially opened in July 2008.Mining ceased on March 5, and the recovery plant treated stockpiled material since then. The last economic ore was processed on May 25, 2019, followed by several day...Read More
Las Vegas show opens with hopesit will uplift diamond market. Jewelers taking more on memo and using tech intheir stores to tap online supply and improve consumer buying experience.Polished suppliers left with large volumes and low profit margins. Rough marketslow. India's customs unreasonably tightens disclosure rules for rough imports.India April polished exports -18% to $1.6B, rough imports -5%...Read More
Local trading limited as many dealers traveled toLas Vegas. Some Far East and Indian buyers in Mumbai, but supply is focused onthe US. Indian sentiment weak due to reduced demand and tight liquidity. Gooddemand for 0.70 to 1.99 ct., G-J, VS-SI. Stars and melee weak. Cutters workingbelow capacity. RoundRead More
RAPAPORT... Donna Sturm, manager of design and product development forNew York jeweler Verdura, died May 4 after a traumatic brain injury. Sturm, a 30-year industry veteran, was struck by a cyclistwho ran a red light while she was crossing 57th Street during her lunch break onApril 24. She was 67. "Donna Sturm was a vibrant, energetic and wonderful womanwho died as a result of carelessness a...Read More
RAPAPORT... An influential online community for jewelers has bannedsales of lab-grown diamonds, prompting fierce debate on social media. Jewelers Helping Jewelers (JHJ), a Facebook group with more than 16,000members, decreed Wednesday that no synthetics may be sold on the page, arguingthey damage the natural-diamond industry. Group founder and administrator AleahArundale will remove offending post...Read More
Venus Jewel, one of India's and the world's leading and innovative diamond manufacturers, have obtained RJC certification which includes the first audited providence claim on rough diamond origin and traceability for each diamond Venus Jewel they sells in polished form. This provenance claim is reportedly the first of its kind and as such Venus Jewel is the first diamond manufactur...Read More