AuctionsMay 15, 2026
American Collector Ponies Up Almost $17K for John Wayne’s RingThe 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.
SourcingMay 01, 2018
De Beers to Begin Selling Artisanally Mined Diamonds
It’s partnering with the Diamond Development Initiative on a program using rough stones from Sierra Leone.
Ottawa, Ontario—De Beers and the Diamond Development Initiative have launched a program where the mining company will, if all goes according to plan, sell rough diamonds from artisanal and small-scale mining sites in Sierra Leone.
The Diamond Development Initiative, or DDI, is the Ottawa, Ontario-based non-governmental organization led by Dorothée Gizenga that has spent the past decade working to formalize the artisanal mining sector of diamonds in various parts of Africa in order to improve livelihoods and working conditions for the people mining diamonds there.
Called GemFair, the DDI-De Beers program is open only to miners who are certified as having met the DDI’s Maendeleo Diamond Standards—which include protecting the health and safety of miners, respecting human rights, excluding child labor and employing practices that are environmentally sustainable—as well as additional GemFair standards, and are working at approved mining sites.
Once certified, De Beers will supply the miners with a tablet loaded with a softw
Editors' Picks
Sponsored by
are application that incorporates GPS locations and QR-coded “bag and tag” equipment. De Beers created the software so it works both online and off, and the hardware has been designed for use in “tough rural conditions;” it can, for example, be charged using solar energy.
In addition, miners will be trained on diamond classification so they understand the value of what they are selling.
The pre-pilot phase of GemFair launched last month and involved setting up a local presence in Sierra Leone, and working with DDI and registered mining sites to ensure standards are being met, that miners are trained on how to use the technology and that they understand diamond classification.
Once everything is place, GemFair will begin buying rough diamonds from participating miners (miners, however, are not under any obligation to sell their stones) and selling those stones via De Beers’ auction sales platform.
The goal is for rough to be available at a De Beers auction later this year.
DDI Executive Director Gizenga said the organization believes GemFair has the potential to “significantly transform” the artisanal mining sector by providing a secure route to market via a leading diamond company.
Located in West Africa, Sierra Leone was embroiled in a brutal civil war from 1991 to 2002 that was funded in large part by the sale of conflict or “blood” diamonds; 1990s Sierra Leone, in fact, was the setting for the 2006 movie “Blood Diamond.”
Today, the DDI said the government of Sierra Leone has made “significant advancements” in formalizing artisanal mining.
There are a number of artisanal mining sites in the country participating in the DDI’s Maendeleo Diamond Standards program. Last year, one of the country’s artisanal mining sites produced a 709-carat stone dubbed the “Peace Diamond,” which was sold via a much-publicized auction to Graff Diamonds for $6.5 million. The profits reportedly are to be divvied up to help the people of Sierra Leone.
De Beers said if the GemFair program works, the technology developed for it will be integrated with the blockchain platform it’s developing, allowing the artisanal mining sector to become a part of blockchain.
In addition, miners will be trained on diamond classification so they understand the value of what they are selling.
The pre-pilot phase of GemFair launched last month and involved setting up a local presence in Sierra Leone, and working with DDI and registered mining sites to ensure standards are being met, that miners are trained on how to use the technology and that they understand diamond classification.
Once everything is place, GemFair will begin buying rough diamonds from participating miners (miners, however, are not under any obligation to sell their stones) and selling those stones via De Beers’ auction sales platform.
The goal is for rough to be available at a De Beers auction later this year.
DDI Executive Director Gizenga said the organization believes GemFair has the potential to “significantly transform” the artisanal mining sector by providing a secure route to market via a leading diamond company.
Located in West Africa, Sierra Leone was embroiled in a brutal civil war from 1991 to 2002 that was funded in large part by the sale of conflict or “blood” diamonds; 1990s Sierra Leone, in fact, was the setting for the 2006 movie “Blood Diamond.”
Today, the DDI said the government of Sierra Leone has made “significant advancements” in formalizing artisanal mining.
There are a number of artisanal mining sites in the country participating in the DDI’s Maendeleo Diamond Standards program. Last year, one of the country’s artisanal mining sites produced a 709-carat stone dubbed the “Peace Diamond,” which was sold via a much-publicized auction to Graff Diamonds for $6.5 million. The profits reportedly are to be divvied up to help the people of Sierra Leone.
De Beers said if the GemFair program works, the technology developed for it will be integrated with the blockchain platform it’s developing, allowing the artisanal mining sector to become a part of blockchain.
More on Sourcing
The Latest
Events & AwardsMay 15, 2026
JA, MJSA To Sponsor Roundtable at TJSThe discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.
AuctionsMay 14, 2026
White Diamonds Lead Sotheby’s Auction, Blue Diamond Does Not SellA 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.
Brought to you by
How Modern Training Is Becoming a Competitive Advantage for Jewelry RetailersWith the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.
Supplier BulletinMay 14, 2026
A Diamond Is Forever Continues Desert Diamonds – Bridal ReinvigoratedSponsored by A Diamond Is Forever
Weekly QuizMay 14, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsMay 14, 2026
‘Ocean Dream’ Makes Waves at Christie’s, Fetching $17MIt 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.
CrimeMay 14, 2026
Second Man Arrested in Florida Pawn Shop Shooting Members of the U.S. Marshals Task Force took a 22-year-old man into custody. He was charged with tampering with evidence.
Brought to you by
Discover Timeless Treasures: A Showcase of Antique Jewelry & Timepieces in Las VegasGain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.
CrimeMay 13, 2026
JSA’s 2025 Crime Report Shows ‘Concerning’ Rise in ViolenceWhile the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.
IndependentsMay 13, 2026
New Orleans Jeweler Closing Canal Place StoreJack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.
SourcingMay 13, 2026
Smithsonian Acquires ‘Winston Red’ Diamond PaintingReena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.
TrendsMay 13, 2026
State of Design: Only the Innovative Will SurviveThe price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.
ColumnistsMay 12, 2026
It’s Official: We’re Getting ‘Brain Rot’ From Watching Short-Form Videos Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.
CollectionsMay 12, 2026
Jessica McCormack Debuts Antique Coin-Inspired Medallions for SummerThe 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.
IndependentsMay 12, 2026
State of Retail: 6 Things Retailers Should Know About Consumers TodayFrom Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.
Events & AwardsMay 12, 2026
The Tiffany & Co. x CFDA Jewelry Designer Award Is BackThe partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.
IndependentsMay 11, 2026
Kansas Jeweler Closing After 70 YearsThe owners of Staats Jewelers are heading into retirement.
TrendsMay 11, 2026
Former Macy’s CEO Joins Signet Jewelers BoardJeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.
TrendsMay 11, 2026
Amanda’s Style File: Lucky May May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.
TechnologyMay 11, 2026
Clientbook’s New Tool Helps Jewelers Plan In-Store EventsThe new module allows retailers to plan, promote, and measure the success of events from a single dashboard.
Lab-GrownMay 08, 2026
NDC Publicly Criticizes Pandora Over ‘Misleading’ Natural Diamond ClaimsNDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.
SourcingMay 08, 2026
Ronnie VanderLinden Takes Over as WDC President The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.
TrendsMay 08, 2026
Rihanna Chooses ‘Desert Diamonds’ for 2026 Met GalaShe wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.
Events & AwardsMay 08, 2026
JA Announces 2026 CASE Award WinnersTwo pieces were named “Best in Show,” one from the retail category and one from the supplier category.
FinancialsMay 07, 2026
Brilliant Earth Appeals to Higher-Income Shoppers in Q1The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.
AuctionsMay 07, 2026
‘Spectacular’ Kashmir Sapphire Headlines Heritage Spring Jewelry SaleLed by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.
MajorsMay 07, 2026
Gannon & Scott Names New Regional Account ExecutiveIn his new role, sales specialist Billy Welshoff will focus on the eastern United States.
