Report: Ivory Coast officer violating embargo
United Nations experts report that a senior Ivory Coast army officer might be using profits from diamond sales to buy arms, violating the country’s longstanding embargo just as it was getting close to returning to the diamond trade.
DEF event scores additional sponsors
A pair of large mining companies and one of the world’s biggest retailers are among the latest industry players to pledge their support for the Diamond Empowerment Fund’s annual gala in Las Vegas.
Diamond Development Initiative expands into the DRC
The Diamond Development Initiative, the organization working to improve the lives of artisanal miners around the globe, is partnering with Promines to improve the governance of metals mining in the Democratic Republic of the Congo, expanding the organization’s scope beyond diamonds.
Alrosa inks agreement with GJEPC
State-owned Russian diamond mining company Alrosa has signed an agreement with India’s Gem & Jewellery Export Promotion Council to share trade and statistical data on the diamond trade.
GIA exhibit brings journal’s gem photos to life
Next month, a retrospective covering decades of jewelry photography in the GIA journal Gems & Gemology will go on display in Carlsbad. The pictures, and the pieces, will be there until December.
Shareholders seek to oust Scio board
A recent filing with the Securities and Exchange Commission reveals that a number of shareholders of Greenville, S.C.-based Scio want to replace the board because the lab-grown diamond company isn’t making any money.