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Diamond Grading Gets an International Standard
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The International Standards Organization (ISO) has approved its first grading guidelines for polished diamonds in an effort to achieve consistency among laboratories.The new ISO 24106 specifies the terminology, classification and methods that labs...
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Polished Markets
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Sep 24, 2020
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Rapaport News
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Growing Up with Gen Z
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Despite all the nights of lost sleep over whether millennials will still want to buy diamond jewelry, it turns out this group is not so dissimilar to previous generations. Generation Z, though — now aging into relevance — is a different...
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Polished Markets
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Jun 16, 2020
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Rachael Taylor
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CIBJO Postpones Annual Congress to 2021
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The World Jewellery Confederation (CIBJO) has shelved its 2020 congress due to the coronavirus pandemic.The event, which was originally scheduled for October 5 to 7 in Dubai, will instead take place in 2021, CIBJO said Tuesday....
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Polished Markets
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Jun 10, 2020
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Rapaport News
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RJC Elects New Board Members
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The Responsible Jewellery Council (RJC) has expanded its board and appointed seven trade members to represent different parts of the supply chain.New board members include Feriel Zerouki, RJC honorary treasurer and senior...
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Polished Markets
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May 24, 2020
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Rapaport News
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Star Rays Outlines Plan to Be Carbon-Neutral
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Star Rays revealed its intention to be the first Indian diamond company to become carbon-neutral, arguing that greener credentials will help attract consumers to the product.The Mumbai-based manufacturer aims to reduce travel, produce less plastic...
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Manufacturing
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Feb 16, 2020
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Joshua Freedman
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CIBJO Creates Committee on Lab-Grown Diamonds
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The World Jewellery Confederation (CIBJO) has votedto establish a lab-grown diamond committee that will determine rules for the synthetics sector. The CIBJO board approved the move at the confederation’s 2019 congress in Bahrain,...
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Polished Markets
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Nov 21, 2019
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Rapaport News
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CIBJO Publishes Ethics Recommendations
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The World JewelleryConfederation (CIBJO) has produced a special report on ethics ahead of its annualcongress in Bahrain next month.“Weaving It All Together: An Ethical Status Report at the End of2019,” released on Wednesday, covers a variety of topics, ranging frominternational...
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Mining
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Oct 16, 2019
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Rapaport News
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CIBJO Urges Trade to Woo Gen Z-ers
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Understanding the newest generation of jewelry-buyingconsumers is imperative for the industry to thrive, the World JewelleryConfederation (CIBJO) stressed last week ahead of its upcoming congress inBahrain. Members of Generation Z, which includes consumers aged 15 to25, will...
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Retail
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Sep 15, 2019
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Rapaport News
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Webinar Series to Guide Responsible Sourcing
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The Jewelry Industry Summit will present a webinar seriesdesigned to provide guidance for jewelers in practicing responsible sourcing. The first free seminar in the series, called “Tools toKick-Start Your Responsible Sourcing Journey,” will debut...
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Polished Markets
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Sep 05, 2019
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Rapaport News
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Groups Join Forces on Responsible Sourcing
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The World Jewellery Confederation (CIBJO) and the ColouredGemstones Working Group (CGWG) will collaborate to help companies in theindustry implement responsible sourcing for gemstones such as rubies, emeraldsand sapphires.The groups will develop management tools...
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Gemstones
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May 22, 2019
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Rapaport News
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CIBJO Calls for Synthetics Treatment Disclosure
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The World Jewellery Confederation (CIBJO) has specified theneed to disclose treatments when it comes to both natural and lab-grown diamonds. Sellers must make the disclosure clearly, both at the time of sale and before, the...
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Polished Markets
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Mar 17, 2019
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Rapaport News
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Asian Groups Seek to Standardize Region’s Trade
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Four of Asia’s industry groups have agreed to work together on standardizing language and rules for the diamond trade. The National Gemstone Testing Center (NGTC), the Gem andJewelry Institute of Thailand (GIT), the Gemmological...
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Polished Markets
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Mar 07, 2019
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Rapaport News
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CIBJO Issues Guide to Responsible Sourcing
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The World Jewellery Confederation (CIBJO) has released a newguide for the jewelry industry detailing standards and practices for supply-chaindue diligence. The 14-page “Responsible Sourcing Blue Book” provides a setof universal guidelines industry...
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Rough Markets
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Jan 16, 2019
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Rapaport News
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Top 10 Stories of 2018: A Year of Synthetics
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This was the year in which synthetic diamonds wentmainstream. De Beers launched its Lightbox brand, the US Federal TradeCommission (FTC) relaxed its rules for describing lab-grown diamonds, andthe likes of Macy’s and JCPenney started...
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Polished Markets
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Dec 18, 2018
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Joshua Freedman
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Everything Changes, Some Things Stay the Same
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The diamond and jewelry trade tends to be reactive rather than proactive. That was clear during the recent conference season, with the World Federation of Diamond Bourses (WFDB), the International Diamond Manufacturers Association...
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Polished Markets
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Nov 08, 2018
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Avi Krawitz
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CIBJO Urges Diamond Consultation with FTC
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The World Jewellery Confederation (CIBJO) has proposedit work with other industry groups to consult with the US Federal TradeCommission (FTC) over its fiercely debated diamond terminology.Industry leaders attending the October 15 to 17CIBJO Congress...
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Polished Markets
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Oct 23, 2018
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David Brough
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CIBJO Urges Better Control of Gemstone Supply
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Countries should designate locations where colored gemstonesenter the market in a bid to ensure the integrity of the industry’s supplychain, according to the World Jewellery Confederation (CIBJO).CIBJO president Gaetano Cavalieri called for the introduction of monitored“chokepoints”...
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Fair Trade
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Oct 15, 2018
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Rapaport News
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CIBJO Won’t Bow to FTC Diamond Definition
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The World Jewellery Confederation (CIBJO) is likely tokeep the word “natural” in its definition of diamonds for the time being,according to the organization’s president.The Switzerland-based group will probably not amend theentry in its Blue Book...
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Financial-Legal
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Oct 11, 2018
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Joshua Freedman
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Weak Rupee Raises Hopes for Indian Exports
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A weaker rupee againstthe US dollar has helped boost exports to leading markets such as the US andChina, attendees at the India International Jewellery Show (IIJS) reported. “The jewelry anddiamond and colored-gemstone business is flourishing,” Gaetano Cavalieri,president...
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Mining
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Aug 13, 2018
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David Brough
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Alrosa Urges Promotion of Stones’ Russian Origin
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Alrosa has encouraged its long-term clients to disclose theRussian origin of diamonds they buy from the miner. The company has urged its Alrosa Alliance members — clients thathaved a rough-buying contract with the miner...
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Mining
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Mar 25, 2018
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Rapaport News
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