Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

GIA to report specific color and clarity grades for LGDs

13 august 2020
The Gemological Institute of America (GIA) will report specific 4Cs color and clarity grades on its new digital reports for laboratory-grown diamonds (LGDs), replacing the currently used descriptive terms and grade ranges, as per a press release from the Institute. 
Susan Jacques, GIA president and CEO said: “Natural and LGDs coexist today, accepted by both consumers and the trade. We believe the growth of LGDs will expand the overall diamond market and bring in new customers. Ensuring consumers’ trust with GIA’s reliable, independent and authoritative grading reports for all diamonds benefits the public and the entire gem and jewelry industry.”
Launching early in the fourth quarter of 2020, the new service for LGDs will include 4Cs assessment, plotted clarity diagram and proportions diagram for stones from 0.15 cts and 4Cs assessment and proportions diagram for stones from 0.15 cts up to 1.99 cts.
The Report will also include the specific color and clarity grade. All LGDs will be laser-inscribed with the GIA report number and the words "laboratory-grown" to ensure that consumers can clearly differentiate the product and fully understand their purchases.
While fees for the new LGD grading services will be the same as the current fees for natural diamond grading services, the reports will be digital-only. All reports for laboratory-grown diamonds will continue to carry a statement that the graded stone may have been treated post-growth to change its color.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished