New World Diamond Council Warranty Rules Take Effect
September 23, 26
The World Diamond Council (WDC) has introduced a revised System of Warranties that now includes a due-diligence process and broadens its remit to cover human rights, labor rights, anti-corruption and anti-money laundering. The System... Read More...
Natural Diamond Prices Starting to Rise, says De Beers CEO
September 22, 26De Beers Group CEO Al Cook says natural diamond prices have stabilized and are now beginning to rise, as demand increases in key markets and global supply falls. He made the comments in an interview with China Global Television Network (CGTN) ... Read More...
Brigitte Bardot's Wedding Bracelet Sells for $65,000
September 22, 26A gold charm bracelet worn by Brigitte Bardot at her wedding to her second husband, actor Jacques Charrier, sold for EUR 56,932 ($65,400) yesterday, September 21, at a Paris auction of the French film star's personal belongings.... Read More...
Natural Diamond Council Rebrands as The Diamond Collective
September 22, 26The Natural Diamond Council has rebranded itself as The Diamond Collective, dropping "Natural" from its public-facing name as it seeks to broaden industry participation and rebuild consumer demand for natural diamonds. The organization describes ... Read More...
SCS Abandons Diamond Sustainability Certification
September 21, 26A company that certified sustainably produced diamonds and colored gemstones for seven years has abandoned the program. SCS Global Services said the market had failed to develop the conditions needed to support the voluntary scheme at scale.... Read More...
Memo by John Jeffay
September 17Life is full of contradictions, and the truth is often more nuanced than the headlines suggest. Two lab grown developments reported in recent days appear to point in opposite directions. The first was in India, where home minister Amit Shah said the market... Read More...