Policies & IssuesMar 04, 2024
What to Know About Importing Diamonds Into the U.S.Policies & IssuesMar 19, 2024
Tune Into This Webinar on the G7 Ban on Russian Diamonds
Sarine Technologies and Tracr will hold a free webinar Wednesday on what retailers need to know about the new rules.
New York—The heads of Sarine Technologies and Tracr, De Beers’ blockchain platform, are scheduled to host a webinar on a topic that’s critical to the diamond industry right now—the G7’s ban on Russian diamonds.
Sarine Technologies CEO David Block and Wesley Tucker, CEO of Tracr, will lead the discussion this coming Wednesday, March 20, at 12 p.m. EDT.
Angelo Palmieri, president of GCAL by Sarine, will moderate.
After nearly a year of discussions, the Group of Seven nations (the United States, United Kingdom, Japan, France, Germany, Italy, and Canada) announced in early December that all member countries would ban the import of diamonds mined, processed, or produced in Russia beginning Jan. 1, 2024.
On March 1, the measure expanded to include diamonds mined in Russia but cut and polished in other countries.
Related stories will be right here …
Sarine Technologies CEO David Block and Wesley Tucker, CEO of Tracr, will lead the discussion this coming Wednesday, March 20, at 12 p.m. EDT.
Angelo Palmieri, president of GCAL by Sarine, will moderate.
After nearly a year of discussions, the Group of Seven nations (the United States, United Kingdom, Japan, France, Germany, Italy, and Canada) announced in early December that all member countries would ban the import of diamonds mined, processed, or produced in Russia beginning Jan. 1, 2024.
On March 1, the measure expanded to include diamonds mined in Russia but cut and polished in other countries.
During the webinar, Tucker and Block will give retailers information on how they can use the integrated solutions Sarine and Tracr provide in order to minimize supply chain disruptions and ensure their operations are cost effective.
They also will share actionable insights and strategies to help retailers maintain a competitive edge in the market, the companies said.
“In an evolving landscape shaped by the latest G7 regulations, the diamond industry stands at a pivotal juncture,” Palmieri said.
“Our upcoming webinar, ‘G7 Sanctions: What Retailers Need to Know: Diamond Traceability Insights with Sarine and Tracr,’ promises to be an invaluable resource for retail jewelers seeking to learn, prepare and adapt their businesses to the new regulatory environment.”
There is no cost to attend.
For more information or to register, click here.
More on Policies & Issues
The Latest
Events & AwardsApr 18, 2025
Daymond John to Give Keynote at JCK Las VegasThe entrepreneur and “Shark Tank” star will share his top tips for success.
CollectionsApr 18, 2025
Piece of the Week: Dukachi’s ‘Easter Bread’ PendantThe Ukrainian brand’s new pendant is modeled after a traditional paska, a pastry often baked for Easter in Eastern European cultures.
IndependentsApr 18, 2025
Bremer Jewelry to Reveal Renovated StoreThe jeweler has announced a grand reopening for its recently remodeled location in Peoria, Illinois.
MajorsApr 18, 2025
Tiffany & Co. Employees Star in Mother’s Day CampaignThe “Strong Like Mom” campaign features moms who work at Tiffany & Co. and their children.
Weekly QuizApr 18, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsApr 17, 2025
John Hardy, Athena Calderone Partner on Art Deco Decor-Inspired CollectionInterior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.
FinancialsApr 17, 2025
Movado Group to Increase Prices to Offset Tariffs ImpactDuring a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They DeserveBench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.
Lab-GrownApr 17, 2025
NDC Launches Its Diamond Learning CenterThe free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.
TechnologyApr 17, 2025
Technology Therapy Group Expands AI Training for Jewelry RetailersThe online sessions are designed to teach jewelers to use AI tools like ChatGPT and Claude to grow their business.
IndependentsApr 16, 2025
Catbird Expands to ChicagoThe opening marks the jewelry retailer’s first location in the Midwest.
CollectionsApr 16, 2025
Foundrae’s First Commitment Jewelry Collection Unites Through LoveThe “United in Love” collection offers tangible mementos of hearts entwined with traditional and non-traditional commitment heirlooms.
IndependentsApr 16, 2025
Indiana Jeweler to Host Black Jewelry Designer Pop-UpRobert Goodman Jewelers will hold a “Black Jewelry Designers and Makers” event on April 27.
MajorsApr 16, 2025
WJA Announces Board Members, New Chicago Chapter PresidentThe announcements follow a tumultuous start to 2025 for WJA, which saw a wave of resignations following controversial statements about DEI.
EditorsApr 15, 2025
Tariffs: What We Know Right Now Editor-in-Chief Michelle Graff answers questions about how the new taxes levied on countries like India and China will impact the industry.
EditorsApr 15, 2025
Q&A: Bogolo Joy Kenewendo on Making Deals, Marketing DiamondsKenewendo, Botswana’s minster of minerals and energy, discusses closing the deal with De Beers and the work that was missed along the way.
AuctionsApr 15, 2025
23-Carat ‘Golconda Blue’ Heads to AuctionThe historic fancy vivid blue diamond set to headline Christie’s Geneva sale next month could sell for up to $50 million.
FinancialsApr 15, 2025
LVMH’s Q1 Sales Slip 2 PercentLVMH CFO Cécile Cabanis also discussed the effects of tariffs so far.
CrimeApr 15, 2025
Jon Hamm Plays a Jewel Thief on Apple TV+The “Mad Men” and “The Morning Show” star steals jewelry, art, and handbags from his wealthy neighbors in “Your Friends & Neighbors.”
SourcingApr 15, 2025
Diamond Club West Coast Names 2025 BoardThe organization has reelected Kalpesh Jhaveri as president.
FinancialsApr 14, 2025
Movado to Restate Years of Financials Due to ‘Misconduct’ in Dubai An investigation found that the former managing director of Movado’s Dubai branch overstated and prematurely recorded sales.
CollectionsApr 14, 2025
Sauer Embraces Emptiness Through ‘Ma’ CollectionThe collection pays tribute to the Japanese philosophy of Ma, studying balance, stillness, and the interplay between presence and absence.
IndependentsApr 14, 2025
Illinois Jeweler Closing After 45 YearsMari Lou’s Fine Jewelry in Orland Park, a suburb of Chicago, is closing its doors.
GradingApr 14, 2025
GIA Expands Overseas Services as Tariffs Kick InGIA’s labs in Dubai and Hong Kong are now accepting larger diamonds in light of the “logistical challenges” presented by the new tariffs.
AuctionsApr 11, 2025
Piece of the Week: A Replica of Princess Grace’s Wedding EarringsThese earrings by Van Cleef & Arpels, featuring the same design as a pair worn by Princess Grace, are up for auction at Woolley & Wallis.
Recorded WebinarsApr 11, 2025
Watch: Top Tips for Saving Time With AITwo experts share how artificial intelligence tools can help retailers run a more efficient business.
SourcingApr 11, 2025
Mikimoto Names New President, CEO for U.S. DivisionKentaro Nishimura, who has been with the pearl company since 1997, has been promoted to president and CEO of Mikimoto America.
