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The shareholders of Hari Krishna Exports Pvt. Ltd., a De Beers Group sightholder and diamond and jewelry manufacturer, have earmarked some funds for a very important and altruistic purpose.
Gemfields’ auction of predominantly lower-quality rough emerald and beryl in Lusaka realized $16.4 million, a company record for lower-grade auctions. 
Gemesis announced recently that it has produced an even bigger colorless lab-grown diamond: a 1.87-carat G color, SI1 clarity princess-cut stone.  
It’s time again for the Kimberley Process’ annual plenary meeting, and process observers say a broader definition of “conflict” diamond doesn’t seem any closer to finding the support it needs to pass this year.
After being led by the same individual for more than a dozen years, the World Diamond Council (WDC), the organization created as the diamond industry’s voice on the issue of conflict diamonds, has established a term limit for its president.
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