A federal judge gave Benjamin Preacher 59 days in jail, plus 10 months of home confinement and two years of supervised release.
Is Your Jewelry Producer Committed to Sustainability and Ethicality?
Sponsored by Hari Krishna Exports Pvt. Ltd.
According to Rapport Report 2024, diamond-selling won’t be greatly affected as they are not sold out of price like other gemstones, but are bought considering ethicality and sustainability.
Hari Krishna Exports Pvt. Ltd. (HK) treat sustainability concerns as an integral part of diamond sourcing and making processes, not just a secondary CSR matter.
Beyond environmental responsibility, true ethical sourcing goes hand-in-hand with ensuring the well-being of people involved in the diamond's journey. This translates to fair labour practices, safe working conditions, and eliminating child labour from the equation. Ethical companies prioritise empowering local communities and fostering a positive social impact in the diamond's origin regions.
What can be considered ethical and sustainable?
Responsibly-sourced diamonds are when they don't come from zones where people are exploited in mining diamonds. On top of that, there are more indicators to determine how a diamond-manufacturing company is committed to sustainability and ethicality:
- Initiatives like organizing employee trips and encouraging community figures to participate in environmental projects demonstrate a commitment to the well-being of the people around the diamond's origin.
- Activities like plantation drives and rejuvenating water sources showcase efforts to replenish and revitalise the environment, especially those impacted by mining activities.
- Using solar panels for factory energy consumption highlights a shift towards clean and sustainable power sources, reducing the diamond's carbon footprint.
- Utilizing technology like tracr and iTraceiT to track diamonds from mine to the customer ensures ethical sourcing throughout the supply chain.
The Latest
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For over a century, Jewelers of America has been the voice of the industry and valuable resource to jewelers across the country.
The 13-piece “Stephanie Gottlieb x Studs” collection is the piercing studio’s first fine jewelry offering to feature the gemstone.
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An Adobe Analytics report explored the rise in mobile shopping, the popularity of Buy Now Pay Later options, and peak shopping hours.
While no reputable jeweler would knowingly sell lab-grown stones as natural, it's a growing possibility.
The inaugural Dick Greenwood Memorial Scholarship in Gems Science will cover the fall 2025 and spring 2026 semesters.
A Piazza Italia pavilion will feature Italian designers and manufacturers while “MJSA Showcase” brings over a piece of the MJSA Expo.
“Ray Griffiths: The Works” tells the story of the master jeweler’s career, which started with an apprenticeship in Australia at age 15.
Davis is the director of business development at Select Jewelry Inc., and Mobley is the jewelry and watch editor at the Natural Diamond Council.
The retailer has been upping its marketing spend to drive revenue growth and brand awareness.
Mike Straub and John Treiber opened Treiber & Straub in 1980 with the goal of bringing Milwaukeeans the best jewelry brands.
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The Yoruba word for ant, “Kokoro” embodies the strength of womanhood in ant society while highlighting responsible sourcing.
The retailer’s jewelry sales doubled, with branded jewelry performing especially well.
The jewelry retailer addressed the lab-grown diamond “disruption,” the price of gold, and its holiday weekend performance.
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The director of the Swiss Gemmological Institute (SSEF) will be honored for his impact on gemology and dedication to advancing the science.
At the annual event, in its second year, the organization honored those making remarkable contributions to the jewelry industry.
Celebrate December babies with 20 pieces of jewelry featuring this month’s birthstones—turquoise, tanzanite, and zircon.
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The FTC’s Jewelry Guides require “clear and conspicuous” disclosure when advertising lab-grown diamonds.
The fine jewelry designer, who came out of retirement in 2017, is putting down his sketchpad for good.
The Type IIa, very light pink colored diamond was the highlight of the recent Hong Kong jewelry auction.
John Willard Craiger, 83, fatally shot jeweler Ghazi “Gus” Michel Osta following an argument in the store.