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DEF Announces 2018 ‘Diamonds Do Good’ Honorees

New York: The Diamond Empowerment Fund (DEF) has announced the recipients of its 2018 ‘Diamonds Do Good’ Awards, to be presented at the DEF annual gala on May 31 at the Four Seasons Ballroom in Las Vegas, NV. The government of Canada’s Northwest Territories will

De Beers Preparing GemFair Programme with DDI

Gaborone: De Beers Group yesterday announced it is preparing to pilot a programme called GemFair to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair will use dedicated technology to record ASM production at mine sites that

ALROSA Opens Representative Office in Mumbai

Mumbai:  Russian diamond mining company ALROSA launched its representative office at Bharat Diamond Bourse, Mumbai, on Thursday, April 19, 2018. In the grand opening ceremony, the officials Mr. Anoop Mehta – President, Bharat Diamond Bourse, Mr. Mehul Shah, – Vice President, Bharat Diamond Bourse, Mr.

Forevermark Supports Women Advancement

Mumbai: Forevermark, the diamond brand from the De Beers Group of Companies, promoted gender equality and displayed its stunning Red Carpet Collection 2018 through a unique fashion show of models and women achievers today at the Four Seasons Hotel, Mumbai. Acknowledging the De Beers Group’s

New Alert Against HPHT Treated Diamonds

Hong Kong:  Diamond Services, the Hong Kong-headquartered developer of technological systems and services for detecting synthetic, imitation and treated diamonds, has issued a worldwide alert to the jewellery and gemstone trades stating that research it has conducted indicates that synthetic diamonds, which have created under

De Beers 3rd Cycle Yields $520 mn

Gaborone: De Beers said its third sightholder sale of the year has provisionally raked in $520 million compared with $586 million, a year earlier. The company earned $563 million from its second sales cycle of 2018. “While the second quarter of the year is traditionally

Fura Gems Unveils Plans to Expand Business in India

Targeting 8% – 10% share of the $2 billion global colored gemstone market in 3 years The highly experienced and strong management team of Fura Gems will organize the unorganized colored gemstone sector Exploring various gemstone mining projects in India and planning to work with

Akshay Tritiya: Women Prefer to Buy Light Jewellery

Mumbai: Akshay Tritiya is one of the most auspicious days of the year, and buying gold is one of the most celebrated rituals of this day. As a brand that celebrates the choices and individuality of the women of today, CaratLane, India’s leading omni-channel jeweller conducted a

Fancy Color Diamonds – Appreciation or Profit?

Ramat Gan: The recent $9 million lawsuit filed by New Orleans Saints quarterback Drew Brees created a serious buzz in the diamond and jewelry community. Following the news, the Fancy Color Research Foundation (FCRF) received endless inquiries from jewelry stores, wholesalers and investment companies asking

GJEPC Holds 1st Edition of India Gemstone Week

Jaipur:  The first edition of India Gemstone Week, organized by Gem & Jewellery Export Promotion Council (GJEPC} was inaugurated yesterday by Union Minister of State for Commerce & Industry, Consumer Affairs, Food and Public Distribution, Mr. C R Chaudhary  at a glittering ceremony at Hotel