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.
EGL USA to launch trading platform by year’s end
EGL USA laboratory plans to introduce a new, free diamond trading platform for the industry that will list certified diamonds from “all major labs”--but not any diamonds graded by EGL labs outside the United States.
GIA suspends sealing service indefinitely
The Gemological Institute of America has suspended its diamond sealing services until further notice after receiving a sealed diamond for verification that did not match the grading report number packaged with it.
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.
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.
RapNet’s EGL decision ignites flurry of reactions
EGL International is the latest in a string of grading labs and diamond trading platforms to issue a statement on RapNet’s decision to stop listing all EGL-graded stones. Here’s what the lab had to say.
RapNet to de-list EGL-graded diamonds
RapNet, the diamond trading network operated by the Rapaport Group, said Tuesday that beginning Oct. 1, it no longer will list any diamonds with reports from European Gemological Laboratories.
Stuller acquires De Beers’ melee screener
Sightholder and supplier Stuller Inc. is one of two United States companies now using De Beers’ Automated Melee Screening device, which is designed to tell small lab-grown diamonds from natural ones.
Standard Chartered’s Anna Martin goes to GIA
The Gemological Institute of America has hired longtime industry leader and Standard Chartered Bank executive Anna Martin as its new senior vice president of global development.
GIA CEO guest of honor at Israel’s diamond week
The Israel Diamond Exchange will welcome GIA President and CEO Susan Jacques as its guest of honor for International Diamond Week, scheduled to take place in September at the IDE.
IGI introduces new app, services at India show
The International Gemological Institute showcased its latest services and offerings, including a new mobile application and the opening of a Jaipur location, at the India International Jewellery Show in Mumbai last week.
GIA continues expansion in Africa
The Gemological Institute of America recently held a rough diamond evaluation course in Namibia, its first class in the country and part of the organization’s continued expansion of its operations in Africa.
GIA now accepting scholarship applications
This past Sunday, the Gemological Institute of America began accepting applications for its 2015 gemology and jewelry manufacturing arts programs, courses and lab classes.
IGI offering discounted courses, classes for kids
The International Gemological Institute is attempting to address the need for professional jewelry training services in India by introducing government-appointed courses and a workshop for young gemologists.
Recruiter register open for GIA NY career fair
Companies looking to find new employees now can register to participate in the Gemological Institute of America’s upcoming career fair, scheduled for Monday, July 28 in New York.
The ongoing debate over old cuts
The GIA’s new circular brilliant description was created to allay cut grade concerns among antique and estate diamond dealers. But it isn’t enough, some dealers say.
GIA now giving ‘return date’ for stones
The Gemological Institute of America has changed how it communicates lab service time, now letting customers know the exact date a stone will be shipped or ready for pickup.
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.
De Beers’ melee screener to go in Antwerp lab
De Beers is now in the manufacturing stage with its melee screener and will lease it to interested sightholders in the second quarter before placing the device in a grading and research facility it operates in Antwerp, making it open to the trade more generally.
GIA’s synthetic detection device debuts
The Gemological Institute of America has developed, and will sell to the trade, a screening device for the detection of lab-grown as well as high-pressure, high-temperature (HPHT) treated diamonds.
GIA starts memorial scholarship for Tawfic Farah
The Gemological Institute of America has introduced the Tawfic Farah Memorial Scholarship in honor of the institute’s former vice president of international operations who died last year.
IGI offering free synthetics screening to DMIA, DDC
In light of industry concerns over the possible mixing of lab-grown diamonds with natural stones, the International Gemological Institute is offering free screenings of up to 100 diamonds to all members of the Diamond Manufacturers and Importers Association of America and the Diamond Dealers Club.
GIA’s Bert Krashes dies at 90
The Gemological Institute of America (GIA) has announced the passing of former vice president and Board of Governors member Bert Krashes. He died of natural causes over the weekend at the age of 90.
GIA introduces new format for grading reports
The Gemological Institute of America has a new format for its diamond grading and gem identification reports that will offer enhanced security features and technological upgrades.
GJEPC issues clarification on synthetics release
India’s Gem & Jewellery Export Promotion Council (GJEPC) said the two companies, Dalumi Diamonds and Narola Gems, named in its Nov. 6 release on undisclosed synthetics are not being accused of undisclosed mixing of lab-grown diamonds with natural but, rather, were victims.
Worldwide, industry reacts to undisclosed synthetics
Synthetic diamonds--specifically those being passed off as natural--were one of the top stories in the jewelry industry last year, and it doesn’t look the man-made stones will be relinquishing their news-making reign anytime soon.
Rapaport lab launches synthetic detection services
The Rapaport Group’s RapLab announced last week that it’s now offering synthetic diamond detection services for the trade, utilizing the DiamondSure and DiamondView technologies developed by De Beers.
Leibish wins 7 Argyle stones, will re-polish 2
Israeli diamond company Leibish & Co. placed winning bids for a total of seven diamonds in the 2013 Argyle Pink Diamonds Tender, including two fancy deep pinks and one fancy vivid.
IGI now has reports in Spanish, Portuguese
Citing growth in the Hispanic and Latino markets for jewelry, the
International Gemological Institute (IGI) announced the addition of
Spanish-English and Portuguese-English diamond grading reports to its
NY lab reports finding more undisclosed synthetics
The Analytical Gemology & Jewelry Laboratory (AG&J), the same
lab that reported the discovery of a parcel of 243 undisclosed lab-grown
yellow melee diamonds, is warning the industry that it recently found
synthetic brown melee mixed in a batch submitted as natural.
GIA begins partnership with Mandela’s foundation
Fresh off its participation in career fair that was part of Africa
Education Week, the Gemological Institute of America announced that it’s
collaborating with the Nelson Mandela Centre of Memory to provide
libraries for elementary students in South Africa.