The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.
Rolex, De Beers CEO among DEF Honorees
The two, along with the government of Canada’s Northwest Territories, are the recipients of the Diamond Empowerment Fund’s 2018 “Diamonds Do Good” awards.

New York--The Diamond Empowerment Fund has announced the recipients of the 2018 “Diamonds Do Good” awards, to be presented at its annual gala May 31 at the Four Seasons Ballroom in Las Vegas.
The government of Canada’s Northwest Territories will receive the Diamonds Do Good Responsible Government Award.
Located in the third largest diamond-producing country in the world, the Northwest Territories is home to major diamond mines including Ekati, owned by Dominion Diamond Mines; Diavik, which is a joint venture between Rio Tinto and Dominion; and Gahcho Kué, a joint venture between De Beers Canada and Mountain Province Diamonds.
The government of the Northwest Territories has developed a “robust” mineral development strategy that protects the environment, enhances the engagement and building of the local community, promotes sustainability and uses a local workforce, all while also fostering investment opportunities to benefit its people, DEF said in a press release.
The Diamonds Do Good Global Corporate Spirit Award will go to Rolex.
The watch company has made philanthropy and corporate social responsibility a big part of its corporate culture since its founding.
The Rolex Awards for Enterprise support individuals who show a passion and commitment to improving life on Earth. “Rolex Laureates” range in age from 24 to 74 and have carried out projects that benefit millions across more than 60 countries by doing things like implementing technological and scientific innovations, protecting endangered species and ecosystems, and providing safe, affordable water, energy, shelter, food, medicine and health care in developing countries.
Meanwhile, De Beers Group CEO Bruce Cleaver will receive the Diamonds Do Good Professional Advancement Award.
After being appointed CEO of the diamond miner and marketer in July 2016, Cleaver has committed the organization to the advancement of women and girls.
Under his leadership, De Beers has partnered with UN Women to increase the amount of women appointed to senior roles at the company and achieve equality in the number of men and women in executive positions by 2020; invested in women micro-entrepreneurs and STEM students in its diamond-producing countries; and ensured the company’s brands are a positive force for supporting gender equality through all its marketing campaigns.
Cleaver was named a “HeForShe” Thematic Champion by UN Women, referring to the “HeForShe” global movement by the UN to accelerate gender equality by encouraging men and boys to advocate for women too.
“The recipients of this year’s Diamonds Do Good Awards reflect the ongoing positive
For more information or to purchase tickets or sponsorships for the Diamonds Do Good Awards gala, visit DiamondsDoGoodAwards.org.
The Latest

Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.

The reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.

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

Sponsored by American Gem Trade Association


In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

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

The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

Two suspects offered to trade the woman a “winning” lottery ticket for her jewelry.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Michel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.

Longtime industry executive Beth Miller has taken on the role.

The brooch was owned by Virginia Fortune Ryan Ogilvy, who served as a lady of the bedchamber to Queen Elizabeth II for nearly 50 years.

Jamie Cygielman will take on the role on Aug. 24.

Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.

Duvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.

The mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.

Honest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.

QVC Group President and CEO David Rawlinson is temporarily being replaced by a familiar face, former QVC CEO Mike George.

The brand also added two one-of-a-kind brown diamond pieces to the “Sanssouci” series of its “Gardens” collection.

Ostbye took home top vendor honors at the Independent Jewelers Organization’s show, held last month in Kentucky.

Sponsored by Stratus Estate Buyers

Cloud, who will officially join Blue Nile on Monday, spent 26 years at Tiffany & Co. and founded jewelry brand Roseate.

Garcia will take over from the company’s current CFO, Anders Boyer, who is retiring at the end of November.

Etsy CEO Kruti Patel Goyal explained why the company is letting go more than 200 employees as its performance improves.






















