Belgium aiding Ivory Coast’s return
The Antwerp World Diamond Centre (AWDC) recently completed a
training program for three senior officials from the government of the
Ivory Coast, which saw the decade-long ban on its diamond trade lifted earlier this year.
Attorney: Grading report class action is coming
Early next year, a class-action lawsuit will be filed against EGL International and “major retailers” charging that the lab systematically over-graded diamonds that the retailers then knowingly sold to consumers, National Jeweler has learned.
9 questions with the man cleaning up EGL
As part of a reorganization, EGL will no longer issue “EGL International” certificates and has vowed it is working to homogenize its grading practices worldwide. Menahem Sevdermish is at the head of this operation.
Marketing, financing top conference topics
Next week, key diamond industry leaders, and reportedly even Russian President Vladimir Putin, are slated to attend a conference in India that will address challenges facing the industry today.