GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

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

Diamond Dealers Club Installs DiamondCheck Machine for Members

03 february 2014

The Diamond Dealers Club (DDC) of New York president Reuven Kaufman announced that its membership was extremely pleased that the Gemological Institute of America (GIA) provided it with its new DiamondCheck machine to be used without charge by club members to determine whether stones were natural or synthetic, according to press release be DDC.
According to Kaufman, the GIA technology will assist the membership to assure both themselves and their clients that their goods are correctly classified as natural or synthetic.
Kaufman reported that, while it is neither illegal nor unethical to deal in synthetic diamonds, passing synthetic stones off as natural diamonds could potentially have a harmful impact on our industry by undermining consumer confidence. This follows reports that some synthetic diamonds submitted to certifying labs for grading have, perhaps inadvertently, been mixed with parcels of natural diamonds in the past year or so.
The DDC president also said that the club, which was established in 1931, was committed to an ongoing education program for its members with respect to synthetic diamonds and it conducts seminars on how they may be effectively identified as well as potential action by bourses worldwide for knowingly passing off synthetic stones as natural diamonds.
Kaufman particularly expressed his gratitude to GIA’s leadership: Susan Jacques, the lab's president; Tom Moses, the senior vice president and Wuyi Wang, the director of research at GIA in arranging for the placement of DiamondCheck in the club's trading floor.  He added that the “DDC is a major diamond trading center, one committed to an industry built on integrity, trust and reputation.  The installation of DiamondCheck technology by DDC, the first bourse to which GIA provided this equipment, will help us to both prevent synthetic diamonds from entering the market as natural diamonds as well as to ensure the maintenance of the high degree of consumer confidence that is critical to the industry worldwide.”

Tatiana Alexandrova, Rough&Polished, Moscow