Ethics Service for Small-Scale Jewelers Launches
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7/3/2019
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UK-based consultancy Levin Sources haslaunched a responsible-sourcing service for small to medium-sized (SME)jewelers. Developed to support SME jewelers inestablishing ethical-sourcing policies and procedures, the new proposition was formallyinaugurated on June 27, to coincide with Micro-, Small and Medium-SizedEnterprises (MSME) Day. The service, which has already beenrolled out to two jewelers and is in the process of being delivered to a third,features...
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Video: Can ‘Good’ Diamonds Sell at a Premium?
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6/10/2019
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Diamonds with proven ethical sourcing should sell for a higher price than others, participants in Rapaport’s annual town hall meeting in Las Vegas concluded. “The biggest challenge for sourcing ethical diamonds is whether consumers are willing to pay extra for them,” stressed one of the participants in the discussion that took place during last week’s JCK show....
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Rapaport Proposes Sierra Leone Diamond Reform
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4/17/2019
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RAPAPORT PRESSRELEASE, April 17, 2019, New York … The Rapaport Trade Mission to Sierra Leoneattracted a strong group of 29 international diamantaires and jewelers. Participants were from theUS, India, UAE, UK, Switzerland, Turkey, Canada, Spain, and Israel. For many,the trip was transformative as they visited the diggers in their villages andcame face to face with the challenges and opportunities...
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Rapaport Announces Mission to Sierra Leone
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1/28/2019
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The Rapaport Group is organizing a trip to Sierra Leone for members of the diamond and jewelry trade wishing to gain insight into the artisanal mining sector.The visit will provide an opportunity to meet and interact with theartisanal digger community in the country. The mission willpromote greater understanding of the role of the artisanalsector inthe jewelry industry. It will highlight and...
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Martin Rapaport New Year Message
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12/20/2018
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Dear Friends,Greetings and best wishes for a happy, healthy, prosperousand peaceful New Year. The New Year is an important time for introspection. Forthinking about our past, present and future. This New Year has special importance for the Rapaport Groupas we celebrate 40 years of continuous publication of the Rapaport DiamondReport. While it is nice to announce longevity, celebrate survival and...
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WDC Issues Definition of Conflict Diamonds
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11/14/2018
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The World Diamond Council (WDC) has released its proposed newKimberley Process (KP) definition of conflict diamonds, which addresses abroader range of human-rights abuses. The definition describes them as “rough diamonds used bypublic security forces or private (including criminal or mercenary) armedgroups to acquire wealth through illegal control, bribery, taxation, extortionor dispossession of people,” the WDC said Tuesday....
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NGOs Slam Industry’s Human-Rights Efforts
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11/13/2018
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Civil-society groups have lashed out at the diamond trade over its apparent leniency in preventing human-rights abuses from tainting the supply chain. The recent update to the World Diamond Council’s (WDC) System of Warranties falls short of international standards for responsible company behavior, including by stating that respect for human rights by companies is voluntary, five non-governmental organizations...
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Conflict-Diamond Definition on KP Agenda
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11/11/2018
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The World Diamond Council (WDC) will propose an expandeddefinition of conflict diamonds at this week’s Kimberley Process (KP) plenarymeeting in Brussels. The broader wording will address “grave and systematicviolence,” the WDC said Thursday, without giving more details. The council willpresent the change to attendees before member states vote on the matter, WDCpresident Stephane Fischler told Rapaport...
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