Are Russian Gems Conflict Diamonds?
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Tuesday,August 16 2022 [ Issue 2 August/ 2022 ]
Are Russian Gems Conflict Diamonds?
United States, the European Union, Canada and other countries including Ukraine have conjoined for a Kimberley Process discussion about the implications of the invasion of Ukraine, including, whether Russian gems should be considered “conflict diamonds.” This meeting would result in actions that could officially label all Russian diamonds as “conflict diamonds,” as revenue earned through those gems is funding the war in Ukraine. Award-winning jewellery designer John W. Ford, Sr. known for his much appreciated work with black opal has been named CEO of the American Gem Trade Association or AGTA. Longtime AGTA CEO, Douglas Hucker left the organization this March after serving in the role for 24 years. He has since been appointed CEO of the International Colored Gemstone Association or the ICA. GJEPC’s flagship India International Jewellery Show, or IIJS- Premiere is anticipated to generate commerce worth INR 50,000 crore in the next 4-6 months, said Colin Shah, Chairman of the GJEPC in an interview recently. The 2nd edition of the Lab Grown Diamond and Jewellery Exhibition or LDJS organised by the Lab-Grown Diamond and Jewellery Promotion Council or LGDJPC, concluded with momentous response. The CVD gems and jewellery market has reported rapid growth and it is just a matter of time when India will lead LGDJ manufacturing globally.

Limelight has opened its 1st CVD diamond store in Juhu. The new store opposite JW Marriott, houses Limelight’s latest solitaire diamond jewe

 
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Highlights
ModakaTech, the company behind Camweara, an augmented reality tool that enables users to virtually try-on a variety of jewelry, has launched real time diamond try on. It helps customers to try diamonds in different carat size
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GemGenève is holding a second,exceptional edition again this year in Geneva.“We had initially plannedto hold only one edition,in May2022.Following calls from our exhibitors,wéve decided to organise a second edit
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Singapore Exchange Mainboard and Tel Aviv Exchange listed Sarine Technologies Ltd announces the rollout of its AI-based e-Grading™ to the midstream manufacturing segment of the diamond supply chain, enabling objective,
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State of Bank of India (SBI) is the first Indian lender to frame a policy to fund makers of lab-grown diamondswhich come across as replicas of the natural stones, but are often looked at with suspicion by high-street banks an
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With a sprawling store that spans 1000 sq. ft. spread across two floors, Limelight has taken this opportunity to expand its retail presence with the launch of its 1st CVD diamond store in Mumbai, India. The store has an exqui
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Israel-based Sarine Technologies’ revenues in H1 2022 fell 13% to $31.2 million as demand was affected by factors such as the war in Ukraine and an increasingly inflationary economic environment, along with ongoing outb
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