Rio Tinto celebrates opening of new diamond pipe at Diavik

Rio Tinto celebrated on Aug 20, the opening of a fourth diamond pipe, known as A21, at the remote subarctic Diavik Diamond Mine in Canada.

Today

XI IJA Conference to gather the leaders of jewellery sector in Moscow

XI International Jewellery Academy Conference (IJA), the biggest business event for the heads of jewellery companies, will be held on September 24 in Moscow at the "Kosmos" Concert Hall.

Today

Lucara subsidiary collaborates with diamond technology developer

Lucara Diamond said its subsidiary Clara Diamond Solutions has inked a collaboration agreement with Sarine Technologies, a diamond industry technology developer.

Today

BlueRock secures loan to settle £230k claim made by ex-CEO

BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in South Africa, has entered into a loan with chairperson Paul Beck and chief executive Adam Waugh.

Today

GJEPC to accept any role and shoulder any responsibility that the government gives it - Pramod Agrawal, Chairman, GJEPC

Addressing the Press on the concluding day of IIJS 2018, Chairman Pramod Agrawal and Vice Chairman Colin Shah revealed that The Gem & Jewellery Export Promotion Council (GJEPC) has begun multiple initiatives and is interacting with various industry...

Yesterday

Is De Beers’ Lab-Grown Line a Machiavellian Masterstroke?

08 june 2018
(jckonline.com) - Immediately after De Beers announced it was launching its Lightbox lab-grown diamond line, cutting in some parts of India virtually halted. One person described the shock as “Richter scale, 9.” Sightholders and other producers felt blindsided. Everyone scrambled to figure out what it meant. At JCK Las Vegas on June 1, the Lightbox team held a lunchtime meeting that seemed to calm down at least some people. Executives explained that they wanted to create a new market, not replace the old one. “We look at this as an additive, rather than a substitutive business,” said Lightbox general manager Steve Coe. Throughout the lunch and in interviews, De Beers executives, with a few exceptions, didn’t sound all that excited about the new member of the family. They called synthetic diamonds “not rare,” “not precious,” and suitable for “emotionally shallower occasions,” like a Sweet 16 or quinceañera. “Love, commitment, forever,” pronounced executive vice president of corporate affairs David Prager, “are not grown in a lab.” Lightbox is jewelry that, if you lost it at the beach, “you wouldn’t be quite so concerned,” said head of marketing Sally Morrison. It reminded one attendee of The Producers: like executives were deliberately disparaging their own product.