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The campaign will launch this June in Las Vegas.
The company is letting sightholders defer as suppliers grapple with the drop in demand in China.
Dutrowite was recently discovered in the Apuan Alps of Italy’s Tuscany region.
It will honor the legacy of the “tremendous contributions” the gemstone wholesaler made to the trade, the association said.
Sixth-generation jewelers Lita and Mike Asscher will serve as co-presidents of the Royal Asscher Diamond Company after his departure.
The giving campaign will help lower the electricity costs for the Mwatate Children’s Home.
The 17.44-carat gem-quality yellow diamond is from the Verkhne-Munskoye deposit.
Recoveries included the 1,758-carat Sewelô diamond, which it is cutting in partnership with Louis Vuitton.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.