CollectionsJan 24, 2025
Piece of the Week: Ashley Zhang Jewelry’s Lunar New Year NecklaceThe one-of-a-kind necklace was designed in celebration of the Chinese New Year, as 2025 is the Year of the Snake.
SourcingJul 25, 2019
De Beers Wins Grant for Carbon-Neutral Project
The Canadian government is giving the company $500,000 to see if it can reproduce its results on a larger scale.
Calgary, Canada—De Beers Group just got a little help from the Canadian government in its quest to come up with a way to make diamond mining carbon neutral.
The diamond miner and marketer announced Tuesday the award of a C$675,000 grant (about $514,000) from the Clean Growth Program of Natural Resources Canada for its carbon-capture research at the Gahcho Kué Mine in the Northwest Territories.
The project is part of a global three-year study that includes mines in Botswana and Venetia in South Africa to allow for comparisons between different climates and geology.
What De Beers and leading academics from four institutions—The University of British Columbia, Trent University, University of Alberta and INRS in Quebec—have been working on is called rapid carbon fixation. It involves injecting carbon dioxide into processed kimberlite rock in order to accelerate a natural process, mineral carbonation.
In mineral carbonation, processed mine rock (the material left after the diamond is extracted from the source rock) sequesters the carbon dioxide as a stable and benign carbonate mineral.
The process takes thousands or millions of years in nature, but about 10 years ago scientists became aware that certain rock types exposed at Earth’s surface could store carbon and started studying how they could make it happen more quickly, said De Beers Canada spokesman Tom Ormsby.
In the case of De Beers’ quest for carbon-neutral mining, Project Lead Greg Dipple, a professor at UCB’s Bradshaw Research Initiative for Minerals and Mining, said they’ve been able to demonstrate rapid carbon fixation within days to weeks in the lab.
They now want to test the technology on a larger scale at the Gahcho Kué Mine, which is what the grant will help researchers do.
De Beers started researching carbon-neutral mining in 2015, with a goal of achieving it within five to 10 years, Ormsby said.
Achieving carbon neutrality would be a big win for diamond miners, as one of the main criticisms lobbed at natural diamonds from the lab-grown sector is that diamond mining is harmful to the environment.
De Beers Group CEO Bruce Cleaver said the company’s progress with its research project shows there is “great potential” to achieve carbon-neutral mining at sites where kimberlite is present, and could “fundamentally change the carbon footprint of not only the diamond industry, but the mining sector more broadly.”
The company said it is “focused on maximizing the benefits that can
Editors' Picks
Sponsored by
be generated for the wider mining community” with this project and is working with academics so any findings are retained by them and can therefore be implemented by other mining companies.
More on Sourcing
The Latest
Recorded WebinarsJan 24, 2025
Watch: Fine Jewelry Market Predictions for 2025 “My Next Question” guests Sherry Smith and Edahn Golan share their 2025 forecasts, from sales and marketing to what retailers should stock.
Policies & IssuesJan 24, 2025
These Designers and Retailers Are Raising Money for LA Wildfire Relief From raffles to auctions to donations, the industry is working to aid charities in Los Angeles amid the raging wildfires.
Brought to you by
3 New Year’s Resolutions for Jewelry Lovers The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
CrimeJan 23, 2025
4 Men Arrested After Allegedly Plotting to Kidnap JewelerThe suspects are accused of planning to kidnap a Miami jeweler and rob him of his cryptocurrency.
Weekly QuizJan 23, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CrimeJan 23, 2025
Security Guard Killed in Armed Robbery at Namibian Diamond Co. Francis “Gosh” Eiseb, 58, was a senior protection officer for Namib Desert Diamonds, also known as Namdia, in Windhoek, Namibia.
Events & AwardsJan 23, 2025
Plumb Club Announces Speaker Lineup for Symposium ‘25The second annual learning forum for retailers is slated for March 13 at City Winery in Pier 57 in New York City.
Brought to you by
A Diamond Is Forever Celebrates "Forever Present" Holiday CampaignA Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
SourcingJan 23, 2025
Fancy Color Research Foundation Names New CEORoy Safit took over the role on Jan. 1.
ColumnistsJan 22, 2025
On Data: How Did Independent Jewelers Fare in 2024? Sherry Smith shares data on the year gone by, including the breakdown between natural and lab-grown diamond sales.
Policies & IssuesJan 22, 2025
Jewelers Mutual Steps Up Aid for LA Jewelry BusinessesThe company also is matching donations made to Jewelers of America and the Diamond Council of America’s Jewelers Relief Fund.
Events & AwardsJan 22, 2025
JA Seeking Nominations for Its Next ‘20 Under 40’ ClassNow in its fourth year, the program is expanding to include a list of “20 Under 40” for jewelry suppliers.
SurveysJan 22, 2025
Holiday Sales Hit Record High, Says NRFCore retail sales during the 2024 holiday season surpassed the National Retail Federation’s forecast.
CollectionsJan 22, 2025
Foundrae’s New Collection Channels the Power of NowThe “Reach for Life” collection uses feather and arrow motifs to invite growth and inner curiosity.
ColumnistsJan 21, 2025
Peter Smith: Sales Training’s Dirty Little SecretPeter Smith pulls back the curtain on the often misinterpreted, and sometimes maligned, world of sales training.
TrendsJan 21, 2025
Amanda’s Style File: Decadent Mocha MoussePantone’s 2025 Color of the Year takes the form of jewelry through gemstones and enamel that look just as delicious as mocha mousse.
SourcingJan 21, 2025
Diamonds Do Good Adds 2 Board MembersJulia Hackman Chafé and Monica Elias have joined the organization’s board of directors.
FinancialsJan 17, 2025
Richemont’s Jewelry Sales Rise 14% in Holiday QuarterThe company, which owns Cartier and Van Cleef & Arpels, had a record Q3, with sales topping $6 billion.
CollectionsJan 17, 2025
Piece of the Week: Picchiotti’s Transformable ‘Classic Blue and Green’ NecklaceThe necklace features a sapphire drop weighing more than 9 carats that detaches to transform into a ring.
MajorsJan 17, 2025
Tiffany & Co., CFDA Name First Winner of Jewelry Designer AwardJameel Mohammed, founder of Afrofuturist brand Khiry, will receive a cash prize and a one-year paid fellowship with Tiffany & Co.
IndependentsJan 16, 2025
Lux Bond & Green to Open Sixth LocationThe 127-year-old jeweler is planning to open a new store in Mystic, Connecticut.
WatchesJan 16, 2025
Timex Launches Collection of National Park WatchesThe watches’ dials feature artwork celebrating the vibrant energy and unique landscapes of six of America’s national parks.
AuctionsJan 16, 2025
Elizabeth Taylor’s Diamond Line Bracelet Going up for Auction Offered by U.K. auction house Woolley & Wallis, the yellow diamond bracelet was a gift from Taylor’s good friend Michael Jackson.
Events & AwardsJan 16, 2025
JCK Las Vegas 2025 Open for RegistrationThe jewelry trade show returns to The Venetian Expo and The Venetian Resort in Las Vegas from June 6 to 9.
EditorsJan 15, 2025
The Jewelry I’d Bid On in Christie’s Iris Apfel AuctionAssociate Editor Natalie Francisco highlights her favorite fashion jewelry pieces from the upcoming “Unapologetically Iris” auction.
MajorsJan 15, 2025
Macy’s to Close 66 Stores as Part of Turnaround StrategyThe closures are part of the retailer’s plan to close 150 locations over a three-year period.
Policies & IssuesJan 15, 2025
JVC Debuts Guide to Americans with Disabilities Act ComplianceThe online guide is available for free and written with the jewelry industry in mind.
