It’s time again for the Kimberley Process’ annual plenary meeting, and process observers say a broader definition of “conflict” diamond doesn’t seem any closer to finding the support it needs to pass this year.
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Gemesis announced recently that it has produced an even bigger colorless lab-grown diamond: a 1.87-carat G color, SI1 clarity princess-cut stone.
The average per-ounce price of silver is expected to drop 19 percent next year, the manager of precious metals for Thomson Reuters GFMS said following the release of the company’s interim report on the metal.
Pearl company Jewelmer reports that the majority of its infrastructure was damaged in Typhoon Yolanda/Haiyan and will have to be rebuilt at a “considerable expense.”

A gold and diamond tiara worn by singer and fashion designer Victoria Beckham during her wedding to soccer star David Beckham is expected to fetch between $29,000 and $40,000 at Bonhams London.
Patrick F. McGuiness has resigned as chief financial officer of Tiffany & Co., effective Nov. 27.
Gross demand for gold jewelry in the United States exceeded recycling in the third quarter, marking the first time that has happened in a non-holiday season quarter since 2009, the World Gold Council’s (WGC) latest Gold Demand Trends report shows.
The Museum of Arts and Design (MAD) in Manhattan will honor David and Sybil Yurman Wednesday at its 2013 Visionaries! gala.
Even though a late Thanksgiving means a shorter period for holiday shopping in 2013, fewer consumers indicated that they will shop during Black Friday weekend this year, a National Retail Federation (NRF) survey shows.

Thomas Moses and Elliot Tannenbaum were inducted to the Gemological Institute of America’s board of governors during the organization’s November meeting held in Carlsbad.
Danish bead-maker Pandora said Friday that financial authorities in Denmark have indicted the company for waiting too long to report an expected drop in sales back in 2011.
Signet Jewelers Ltd. has purchased a diamond polishing facility in Gaborone, Botswana, a not-unexpected move for a company that has been talking about increasing its direct sourcing of rough for some time.
Gitanjali Group’s U.S. sales grew 12 percent year-over-year in the first two quarters of the fiscal year, and the company remains focused on expanding in markets outside of India.
Walmart Stores Inc. and off-price retailer Kohl’s Corp. released their third quarter earnings Thursday, with same-store sales down for both as the retail environment remains competitive.
Enticed by early deals offered by retailers, more than half of American consumers have started their holiday shopping, a National Retail Federation (NRF) survey shows.

Jay Jackson, president and CEO of Stuller Inc. since 2011, will retire on Dec. 27, the company announced late Wednesday afternoon.

A pocket watch from the mid-1800s connected to two legendary figures in the watch world sold for more than $1 million at Sotheby’s Important Watches sale held Tuesday in Geneva.

Grammy Award-winning singer Celine Dion is launching a watch collection that will be available exclusively on QVC called “Celine Dion Quintessential Timepieces.”
Same-store sales increased 4 percent in the third quarter for Macy’s Inc., the retailer reported Wednesday.
Family-owned retailer Andrus Jewelers is closing its doors after six decades in business.

Stuller is now the exclusive distributor of World Trade Jewelers’ Scrabble brand jewelry, a line of necklaces that are available in letters A through Z in sterling silver and gold-plated silver.

The largest fancy vivid orange diamond in the world at 14.82 carats, “The Orange,” set two world auction records when it sold for $35.5 million at Christie’s Magnificent Jewels auction in Geneva Tuesday.
Designer Shaun Leane’s “Diamond Glove” is on display for the first time in the United States at the World Chess Hall of Fame in St. Louis as part of an exhibition that will run through April 18.
Representatives from Zimbabwe paid a visit to Antwerp this week to discuss organizing a sale of rough diamonds from the country’s Marange region before the end of 2013.
Third-quarter sales of Pandora jewelry in the United States increased 3 percent (8 percent in local currency), the Danish brand said Tuesday.