Industry News

September 25, 2019

The World Federation of Diamond Bourses (WFDB) Presidents Meeting kicks off in Dubai today. Besides the regular business of the WFDB and the International Diamond Manufacturers Association (IDMA), there are special sessions on lab-grown diamonds and blockchain technolo...

September 4, 2019

CEO Jim Duffy envisions a system that connects the whole market

As a tech guy, Jim Duffy spends much of his time on the road explaining technical terms in a way laymen can understand. He has his work cut out for him as CEO of Tracr, De Beers’ blockchain project — especi...

July 14, 2019

Amid the tech boom that is shaping the diamond industry, a growing number of companies are challenging the grading laboratories, arguing that assessing the 4Cs should not be a subjective science.

“Five to 10 years from now, diamond grading won’t be done by gemologists...

July 3, 2019

New patents that aim to eliminate fraud, improve traceability and revive the availability of finance in the diamond industry have been filed by Scarselli Diamonds, a polished diamond traders and jewelry consignee to the trade, and Benoit J. P. Flammang, Founder and Chi...

July 3, 2019

ALROSA decided to assign identification numbers to its diamonds to combat the illegal sale of synthetic diamonds, the damage from which amounts to $ 450-480 million annually, RBC reports. 


The agency quoted the Director of the United Selling Organization ALROSA, Evgeny...

June 26, 2019

DMCC, the world’s leading free zone for commodities trade and enterprise, will stage the fourth edition of its Dubai Diamond Conference (DDC) on 26 September at the Almas Conference Centre, Almas Tower, Dubai, United Arab Emirates. The one-day conference will gather gl...

June 12, 2019

Sarine Technologies has partnered with 14 diamond manufacturers on its Diamond Journey provenance program, enabling retailers to tap a growing resource of polished stones certified through the initiative. 

“We expect to have tens of thousands of documented diamonds by...

June 9, 2019

Alrosa, the world's largest diamond mining company in volume, used the JCK Las Vegas as its preferred stage to announce the diamond mining giant's new strategy to guarantee the authenticity and ethical sourcing of its rough diamonds.

At a press breakfast, held on June...

June 2, 2019

De Beers has launched an online resource for sharing information and tools that will help members of the trade join its blockchain program.

The Tracr Community will provide participants with educational materials and standards for moving their business onto the Tracr...

June 2, 2019

GGTL Laboratories has developed technology that can match a stolen diamond to its identification report, even after it is recut to hide its origin.

Technicians use a range of analytical identification data found in the stone, similar to a fingerprint. The information,...

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