National Jeweler Network

Diamonds

12/17/14

Kiran Gems renews contract, wins award

Indian diamond manufacturer Kiran Gems renewed its contract with Alrosa at the World Diamond Conference just held in New Delhi.  

12/16/14

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.  

12/15/14

Remaining lawsuits filed over EGL reports are settled

The three remaining lawsuits filed against Tennessee retailer Genesis Diamonds over its use of EGL International grading reports have been settled.

12/11/14

IGI gains re-certification, re-accreditation

The International Gemological Institute recently received recognition from the Responsible Jewelry Council and the International Organization for Standardization.

12/10/14

Diamond grower produces 3-carat white stone

Pure Grown Diamonds, the company formerly known as Gemesis, has broken yet another carat barrier in the creation of white, or colorless, diamonds.  

12/05/14

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.  

12/04/14

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.  

12/03/14

Polished diamond prices continue 8-month slide

Prices for 1-carat and 3-carat stones were down about 2 percent in November as suppliers, strapped by a lack of liquidity, lowered prices in an effort to generate cash. 

12/02/14

DEF launches consumer-facing website

The Diamond Empowerment Fund now is telling the story of the good that diamonds do around the world directly to consumers.