The Western star’s 14-karat gold signet ring sold for six times its low estimate following a bidding war at U.K. auction house Elmwood’s.
DEF launches consumer-facing website
The Diamond Empowerment Fund now is telling the story of the good that diamonds do around the world directly to consumers.
The New York-based nonprofit just launched DiamondsDoGood.com, a website built in partnership with The Condé Nast Media Group. The site gives a history of the stones and shares stories of the good diamond and jewelry companies are doing today.
Stories shared on the site include Rio Tinto’s program that brings water to villages in rural India, the successes of three DEF student scholars, De Beers’ enterprise-building programs in South Africa, the education of women on maternal and children’s health in rural China by retailer Chow Tai Fook, and the giving back the industry does in the United States through Jewelers for Children.
Additional programs from the industry will be featured on the site throughout 2015.
“There has been a void in communication of the vast amount of good the industry does,” DEF co-founder Benjamin Chavis said. “This website will help fill that void.”
Supporting the website are accounts on Facebook, Twitter, Instagram and YouTube.
A grant from the JCK Industry Fund made development and the first phase of the website possible.
Founded by Chavis, business mogul Russell Simmons and diamond industry leaders in 2007, DEF works to empower diamond-producing communities worldwide. Its beneficiaries include CIDA City Campus in South Africa; the African Leadership Academy, a university preparatory school in Johannesburg; and the Botswana Top Achievers program, which gives that country’s top high school students the chance to study at the college of their choice anywhere in the world.
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The discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.

A matching pair of 18.38-carat, D-color diamonds from Botswana’s Jwaneng mine sold for $3.3 million, the top lot of the jewelry auction.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

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It was the second auction appearance for the fancy vivid blue-green diamond, which sold for $7.8 million at Christie’s Geneva 12 years ago.

Members of the U.S. Marshals Task Force took a 22-year-old man into custody. He was charged with tampering with evidence.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.

The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

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The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.























