IDEX Online - Technology

Hundreds of Undisclosed Lab-Made Diamonds Detected, Fears Many More Are Circulating

Tue, 22 May 2012 04:26:00 GMT

Concerns are rising that a large number of undisclosed lab-made diamonds are circulating in the market. Suspicions were raised after IGI detected a batch of such items a few weeks ago, according to Chaim Even-Zohar. The goods have VVS-VS clarities, leading to suspicions that the purpose of creating the diamonds was to have them misidentified as natural diamonds.

HOF Unveils Innovative New Retail Concept; Announces Plans to Add 10-15 Stores

Thu, 17 May 2012 10:00:00 GMT

Fine diamond jewelry company Hearts On Fire today (Thursday) revealed its new retail concept with the opening of its store at the Forum Shops in Las Vegas. According to the company, the new concept is designed to break down traditional barriers and make find diamond jewelry purchases more fun and inviting.

Blue Nile Q1 Sales +3.6%, Profit Drops

Thu, 10 May 2012 11:40:00 GMT

A small increase in sells was not enough to make up for lower markups, leading to a decline in Blue Nile's first quarter profits. The online jewelry retailer yesterday (Wednesday) announced that net sales for the period reached $83.1 million, a 3.6 percent increase over the first quarter of 2011. Gross profit fell 9.7 percent.

Sarin Q1 Revenue +61% Thanks to Zimbabwe Production

Mon, 7 May 2012 03:19:00 GMT

Singapore listed Sarin reported record revenue and a sharp rise in profit in the first quarter. The company credited expanding manufacturing needs in India to meet the growing supply from Zimbabwe.

AGS Labs Releases Facet Analysis Software

Sun, 6 May 2012 03:39:00 GMT

A software program that calculates and graphically displays the cutting precision of facets on a round brilliant cut diamond has been released by the American Gem Society Laboratories.

Bribe UN Diamond Inspectors – in New Nintendo Game

Thu, 3 May 2012 09:24:00 GMT

While consumer sentiment is firmly with ethical diamond mining, the gaming industry apparently feels that gamers prefer it dirty. Players of a new game, due out soon, are required to bribe, spy and act immorally to protect and grow their diamond mining enterprise in the heart of Africa.

HRD Turns Investigation to Police after Asking 3 Clients to 'Clear Account'

Sun, 29 Apr 2012 09:53:00 GMT

As the internal investigation at HRD Antwerp concluded, the lab decided to pass the findings to the judicial authorities. After the dismissal of four graders, three diamond firms have been asked to clear their account at HRD Antwerp.

De Beers LV Releases Bridal App

Thu, 19 Apr 2012 04:37:00 GMT

De Beers Diamond Jewellers, the retail venture of diamond miner De Beers and retailer LVMH, launched its new bridal iPad and iPhone app, the company announced.

Kiran Gems First to Have 400+ Sarin Machines

Thu, 5 Apr 2012 10:14:00 GMT

Indian manufacturer Kiran Gems has become the first company to have more than 400 Sarin rough planning and marking systems in one manufacturing facility. The company has 448 machines installed and running in its Surat facility.

AGS Lab Partners with Worldmart*E

Wed, 4 Apr 2012 05:26:00 GMT

The American Gem Society Laboratories last week signed an agreement to promote AGS Labs name and AGS diamond grading standards with Worldmart*E, an online jewelry platform.