Kimberley Process reforms running in circles - Civil Society

The Kimberley Process Civil Society Coalition (KPCSC) has slammed the diamond watchdog for failing to come up with tangible reforms, saying it is just running in circles.

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Scarselli: Authentia is much ahead of other blockchain platforms for diamond traceability

Authentia.io, which offers the diamond industry's first legally recognised protocol on public blockchains, providing the most comprehensive solution for diamond origin and authenticity, is arguably ahead of all other blockchain platforms, according...

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Record-breaking diamond for Russia’s electronics industry

The purest diamonds, containing only carbon, are extremely rare in nature, just 2 percent of 100 diamonds mined. The rest of the natural diamonds contain impurities, mainly nitrogen, which complicates their use in electronics.

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UK Retail Jewelry Sales Being Hit by Social And Economic Changes

UK jewelry consumer habits are changing, with a sharp decrease in the number of hallmarked items and a transformation of town centers, according to UK jewelry retailer John Henn who spoke about the issue at the annual Congress of CIBJO, the World Jewellery...

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Fura Gems to Hold Two Colombian Emerald Auctions

Dubai-based leading colored gemstone miner FURA Gems has announced that it will auction rough Colombian emeralds in late November.

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China’s Wealthy Millennials Want “Newness” and “Speed:” Bain

19 march 2018
(Jing Daily) - China’s luxury industry players emitted a collective sigh of relief on Wednesday (January 17) as Bain and Company reported China’s luxury goods market took its biggest leap forward in sales in six years. It’s six years that have been plagued with challenges as China’s anti-graft campaign put a plug in ostentatious purchases, a problem compounded by the country’s slowing economic growth. The tides now seem to be changing, however. On Thursday, the BBC reported that China’s economy grew by 6.9 percent last year, and the rate has sped up for the first time in seven years, according to official data.