This rough pink diamond weighs 25.97 carats. Dubbed the “Pink Dawn,” the diamond is being shown and tendered in Antwerp. (Photo courtesy of Bonas Group)
Element 6 alleges that IIa Technologies, the sister company of Pure Grown Diamonds, is using its patented diamond-growing techniques without permission.
The Securities and Exchange Commission said it is now “necessary and appropriate” to institute a public administrative proceeding against Lazare Kaplan that could result in the revocation of the company’s registration.
The opening of the center marks a major milestone in Indian Prime Minister Narendra Modi’s campaign to promote India as a major global diamond trading hub.
The 105.6-carat stone, extracted from processing plant No. 14 at the Jubilee kimberlite pipe, is octahedral and transparent, with a moderate yellowish hue.
Yoram Dvash of Dvash Diamonds was elected president of the Israel Diamond Exchange, succeeding incumbent President Shmuel Schnitzer, who served one two-year term.
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