DEF to give $240K to educational institutions
The Diamond Empowerment Fund announced Tuesday that its board of directors approved the granting of funds to its three existing beneficiaries as well as an additional $15,000 donation to the Flaviana Matata Foundation.
Supplier sends 10 carats sky high
To celebrate its new “Diamonds” collection, London’s Bonds of Union flew an exceptional stone over Holland Park in west London.
Antwerp diamond fair dates set for 2015
The next Antwerp Diamond Trade Fair is scheduled for Feb. 1 to 3, with the trading floors of the city's diamond bourses converted into exhibition spaces for the event.
Gov’t releases report on combating child labor
Cote D’Ivoire, Colombia and Brazil are among the nations that have made significant progress to combat child labor in mines over the past year, a report from the U.S. Department of Labor states.
RapNet app now syncs with desktop site
The Rapaport Diamond Trading Network announced that it will launch an updated version of its mobile application for the iPhone Sunday to allow RapNet members to more easily do business on the go.
Israel exchange again stressing mined diamonds
Next month, members of the Israel Diamond Exchange will return to New York for another week-long trading event, bringing back with them their “Natural Is Real” campaign emphasizing the Israeli diamond industry’s commitment to mined, not lab-grown, stones.
One lawsuit over EGL reports is settled
One of the lawsuits filed by consumers against Nashville jeweler Genesis Diamonds for selling diamonds allegedly over-graded by EGL International has been settled while three others remain open.
198-carat rough diamond sells for $10.6M
Mining company Gem Diamonds Ltd. announced Wednesday that it sold the 198-carat white diamond discovered in July for $10.6 million, a price that works out to more than $53,000 per carat.
GIA lowers prices for melee screening
The Gemological Institute of America announced that it has lowered prices for its Quality Assurance services, which screen parcels of both colored and colorless diamonds up to 0.20 carats to detect if they are lab-grown or treated.