Archive for the 'General News' Category...

POSTED BY The Editor on February 1st in General News

New York City, NY (January 13, 2011) –  Gem Certification & Assurance Lab, Inc. (GCAL™) has opened a high-tech, state-of-the-art, Express Office in the Main Lobby of the World Diamond Tower (580 Fifth Avenue, New York, NY). This Express Office, GCAL’s second location in the building, was opened to provide more transparent and accessible “while you wait” diamond, gemstone, & jewelry services to the trade and consumers, alike, according to Angelo Palmieri, Vice President and Chief Operating Officer.Services being offered in the Express Office are as follows:
1) Sarin Label/Manufacturer’s Report
2) Gemprint Registration & Verification
3) Optical Brilliance Analysis
4) Optical Symmetry Analysis
5) Photomicrographs (Crown & Pavilion)
6) Hearts & Arrows Analysis
7) Precious Metal Analysis (non-destructive metal assay)

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POSTED BY The Editor on November 14th in General News

DiaLab Cape Town in conjunction with Perkin Elmer might be releasing the first software module for “ Infrared Organic Fingerprinting Identification” (IOFI) “as early as next year. The Prototype for commercial use will be used for data inventory control of diamonds and gems by mining companies. It will allow diamond and gem mining companies to record the data and have a Stock control system based on “ Infrared Organic Fingerprinting Identification” (IOFI) “ Although this is still in pioneering stages the mere fact of data inventory control can set the path for future control on the diamond and gem industry.

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POSTED BY The Editor on November 14th in General News

U.S. polished diamond imports rose 19 percent to $1.47 billion during the month of September 2010, while polished exports rose by the same percentage to $1.24 billion. Net polished imports for September rose 20 percent to $230 million.

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POSTED BY The Editor on November 14th in General News

DTC Nov. sight estimated at $500M.  Average premiums now at about +4%. Cutters expect continued resistance to higher polished prices. Growing concern for holiday season as U.S. retailers hold back from restocking inventory.

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POSTED BY The Editor on November 14th in General News

Six senior officials involved in the Canadile concession in the controversial Marange mining area of eastern Zimbabwe appeared in court Monday on charges of fraudulently acquiring the mining operation.

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POSTED BY The Editor on November 14th in General News

At about 170,000 atmospheres of pressure, scientists managed to use super-hard graphite to crack a diamond in 2003, however the precise reason remained something of a mystery. Is it possible that a material has been discovered that it is stronger than diamonds – the hardest substance known to man?

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POSTED BY The Editor on October 19th in General News

The diamond mining industry is a controversial one. Making sure that the stone on your hand is pure is a much talked-about subject. Inside Mining speaks to Baron Baretzky.

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POSTED BY The Editor on September 24th in General News

If the world’s diamond buyers are really serious about ending the trade in blood diamonds, then we need to put an end to the system of greed that puts profit above ethics.

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POSTED BY The Editor on September 23rd in General News

A rare pink diamond, being called the most expensive diamond to be auctioned in Canada, comes under the block in Toronto on October 3. The gem has a pre-sale estimate $2.5 million to $3 million.

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POSTED BY The Editor on September 23rd in General News

Senior officials from the Chinese government and the United Nations will be at the Shanghai World Expo on September 21 and 22 to attend a workshop in Corporate Social Responsibility and sustainability at which the applications of these principles by the international jewellery industry will serve as the primary case study.

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