IGI CEO confirms report of potential sale
The company that owns an 80 percent stake in the Antwerp-based lab reportedly believes it is worth more than $200 million.
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Sarine to purchase GCAL—Here’s what that means
Israeli equipment maker Sarine Technologies has signed a nonbinding memorandum of understanding to purchase a majority share in New York City–based grading lab Gem Certification & Assurance Lab (GCAL).
Ben Bridge, Cartier, LVMH join effort to combat racism in retail
The companies were among the retailers that signed nonprofit Open to All’s charter.
The group pushing to unite the trade on sustainability – WJI2030
Climate action is key for the Watch & Jewellery Initiative 2030, says executive director Iris Van der Veken.
New technology ensures the diamond matches the report
PhotoScribe Technologies has been awarded a patent for new technology that will let jewelers—as well as consumers—sniff out diamonds with counterfeit inscriptions.
GIA to offer cheaper, sparser lab-grown diamond reports
Lab-grown diamonds may be getting cheaper, and so are the prices of some of their reports.
Pomellato’s new videos raise awareness of violence against women
Starring CEO Sabina Belli and other celebrities, the videos emphasize the importance of supporting women who have experienced abuse.
Tiffany debuts jeweler training program
LVMH has expanded its apprenticeship initiative to the US following its acquisition of Tiffany & Co., enabling the New York-based brand to train the next generation of jewelry designers and makers.
New NDC portal tests the diamond testers
The Natural Diamond Council (NDC) has debuted a new Assure portal, which rates testers on their ability to distinguish natural diamonds from lab-growns.
WDC proposal helps break impasse,
allowing for successful conclusion to 2022 KP Plenary
Press release – The 2022 Kimberley Process Meeting ended successfully in the early hours of November 5, after a compromise proposal offered by the World Diamond Council managed to break an impasse that could have prevented the gathering dispersing without issuing a Final Communiqué.
Kimberley Process rejects efforts to put Russia on Agenda
Attempts to discuss Russia at the annual Kimberley Process (KP) plenary failed after the organization received differing views on whether the matter was under its remit.
UAE to be 2024 Kimberley Process Chair
The United Arab Emirates (UAE) will become chair of the Kimberley Process (KP) in 2024, trade leaders in Dubai announced following the organization’s plenary meeting.
