Onyx Partners has submitted a second offer to buy the department stores after its first offer fell through last year.
De Beers launches high-volume melee testing
De Beers now is using its automated melee screener at its International Institute of Diamond Grading & Research facility in Surat, and plans to launch the service at the IIDGR lab in Antwerp next month.
London--
The device automatically feeds the stones, table-down, into a testing station. After testing, the diamonds are dispensed into one of five bins: pass, refer (more testing is needed), refer Type II (more testing needed, higher likelihood of being synthetic), non-diamond (simulant) or purge (for diamonds that were erroneously loaded into the machine).
They then are returned in a sealed IIDGR package that De Beers said is tamper-proof.
The potential mixing of less-expensive lab-grown diamonds with natural, or mined, diamonds is of growing concern in the industry as diamond growers up production levels and improve quality. Melee is particularly problematic because it often slips through the supply chain untested due to the fact that there aren’t many cost-effective and efficient ways of checking these tiny stones.
In order to combat the problem, De Beers introduced an automated melee screener in January 2014, shortly after the Gemological Institute of America unveiled the DiamondCheck, which also can separate lab-grown melee from mined, starting with diamonds that are as small as one point.
De Beers initially said it would be leasing out the devices to sightholders beginning in the second quarter 2014 and installing multiple machines at the IIDGR in Antwerp later that same year. (The IIDGR in Surat was not yet open at that time.)
David Johnson, a De Beers spokesperson, said that total of five pre-production prototype automated melee screening devices have been in use in Antwerp for two years, as the IIDGR has been testing their durability and accuracy.
The beginning of the service this week marks the transition from testing to widespread use mode for the machine, which IIDGR President Jonathan Kendall said in a statement will “play an important role in supporting both trade and consumer confidence.”
“Sellers will be able to provide potential buyers with pre-checked goods in sealed IIDGR packages, removing any potential concerns around disclosure,” he said.
De Beers began using the automated melee screener, along with other proprietary instruments, at the IIDGR lab in Surat on Wednesday. The facility has a room specifically designed for melee testing.
Melee testing is set to begin Nov. 12 at the IIDGR lab in Antwerp, which also has a room outfitted specifically for melee.
The service will be offered at an introductory discount of 50 percent off in both India and Belgium through the end of the year. For more information, email testing@iidgr.com or visit IIDGR.com.
As for sightholders, De Beers ended up selling, not leasing, them the automated melee screeners.
Large manufacturers including Kiran Gems, Tasaki, Rosy Blue and Stuller have acquired the devices, playing $55,000 plus a three-year support and maintenance charge of $10,000 a year.
The Latest

Solomon Brothers Jewelers has partnered with local cocktail bar Roaring Social on a new martini garnished with a tennis necklace.

Benjamin Siegel, son of President and CEO Hank Siegel, started working for the family business this week.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The new space features a modern design that blends Bulgari’s Roman heritage with San Diego’s coastal spirit.


Four men were charged in connection with the break-in and accused of stealing $365,000 in cash, jewelry, and designer goods.

André Branch has more than 25 years of experience with various brands, most recently serving as CEO of Ariana Grande’s cosmetics company.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

New York-based atelier Gemlok is best known for creating the innovative “bridge” setting that became popular in the bridal market.

Santana Now's debut collection, “Unidad,” features symbolic motifs as well as pieces of wood from the Woodstock stage.

The 50-year-old man pleaded guilty earlier this year to robbing two jewelry stores and a pawn shop of more than $700,000 in merchandise.

The watch’s dial features an original design by Marvel comics illustrator Adam Kubert.

The new collection of lab-grown diamond and colored gemstone jewelry provides a “fresh perspective” on the category, Chatham said.

While some August babies are team peridot, the month's time-honored birthstone, others are team spinel, the newer alternative.

Edina Kiss’ “Popsicle” pendant and Karina Choudhrie’s “Ice Cream” charm satisfy that summer craving for a sweet piece of jewelry.

The massive billboard has been in the same spot on the department store’s Herald Square flagship store for decades.

The miner’s ruby and emerald auctions brought in a combined $102.9 million.

The goal is for the De Beers sale to be finished by the second half of 2026, with the subsequent approvals process expected to take a year.

David Bonaparte, along with Tim Haake and Ronnie VanderLinden, continue to lobby for tariff exemptions for diamonds, gemstones, and pearls.

Survey respondents were concerned about the rising prices of food and groceries as well as unemployment.

The trade show, slated for Sept. 4-8 in Vicenza, Italy, will feature sessions on trends, AI, gemology, and manufacturing.

The public shopping event featuring art, jewelry, watches, and rare collectibles, will take place in Santa Clara, California, this fall.

Endiama Commercial Director Elton Escrivão knows people have a lot of misperceptions about Angola. He wants to change that.

Reilly has been with PGI USA for the last 20 years, leading partnership development and professional education.

Boucheron reached record sales while Pomellato found success in its signature collections.

She was one of more than 120 American designers who created flags for the “United Flags of Fashion” project led by CFDA and Vogue.

Smith reveals the method The Retail Smiths use to help retailers and vendors write better job postings.























