GSI president emphasized the importance of grading reports from legitimate laboratories

Debbie Azar, President and Co-Founder of Gemological Science International (GSI), emphasized the importance of grading reports from legitimate laboratories and buying diamonds and jewelry from reputable jewelry retailers.

Today

India’s polished diamond exports down 6% y-o-y in January

India’s exports of cut and polished diamonds declined by 5.67% during January 2020 registering $ 1.65 bln, against $ 1.75 bln during January 2019.

Today

BlueRock raises £1.9m to “fast track” production at SA mine

The AIM listed BlueRock Diamonds has raised £1.9 million through an oversubscribed placing and subscription to “fast-track” a doubling of production at its Kareevlei mine in South Africa.

Today

NJA Awards outshone itself in Mumbai last week

The NJA Awards 2019 took place in Mumbai last week in the presence of Anantha Padmanaban, Chairman-GJC, Shaankar Sen, Vice Chairman-GJC, Ashish Pethe, Co-Convener NJA-GJC and other committee members of GJC inaugurated the award function in the presence...

Today

Lucapa recovers 45 diamonds from Lulo kimberlite exploration project

Lucapa Diamond has recovered 45 diamonds weighing 30.3 carats from the ongoing kimberlite exploration programme at its 40%-owned Lulo diamond project, in Angola.

Yesterday

Belgium Tightens Access to Diamond Trade

14 january 2020

(diamonds.net) - Belgium has introduced legislation requiring managers of diamond companies to prove their good conduct and knowledge of money-laundering laws. The rules, passed in November by royal decree, are intended to control access to the sector and came after the Financial Action Task Force (FATF) called for improvements. Firms wishing to trade diamonds or continue as an accredited diamond business must submit criminal records or proof of good conduct for the company and each senior officer, the Antwerp World Diamond Centre (AWDC) explained in a note to members last month. At least one director must present a certificate confirming attendance at a recognized anti-money laundering (AML) seminar. Companies must also declare their shareholder structure and the names of their ultimate owners.