WDC NEWSLETTER ARTICLES

/WDC NEWSLETTER ARTICLES
WDC NEWSLETTER ARTICLES2019-09-02T17:59:20+02:00
22December 2020

WDC Newsletter

STANDARDS, TRANSPARENCY AND GRASSROOTS INVESTMENT CORNERSTONES OF TIFFANY’S RESPONSIBLE SOURCING STRATEGY ABOVE: A worker at the Laurelton Diamonds cutting and polishing plant on the Indian Ocean island of of Mauritius. Laurelton is a wholly-owned subsidiary of Tiffany and an essential part of its vertically integrated supply chain. (Photo courtesy of Tiffany & Co.) Although the celebrated jewelry chain Tiffany & Co. became a member of the World Diamond Council in 2000, its strategic commitment to responsible sourcing can be traced back to [...]

22December 2020

WDC Newsletter

“Women of the Diamond Industry” focuses on the issue of gender equality along the entire diamond and jewelry supply chain. The series provides a platform for women in the industry to tell their own stories and describe the particular challenges they have faced in their careers. The fourth article in the series is authored by Jo Mathole & Khomotso Ramodipa, founders and co-owners of Kwame Diamonds, a diamond cutting and polishing company in Johannesburg, South Africa. TWO WOMEN IN THE NEW [...]

22December 2020

WDC Newsletter

HOW DIAMOND FOOTPRINTS FOUND THEIR WAY INTO THE KIMBERLEY PROCESS TOOLBOX By Mark Van Bockstael Chair, KP Working Group of Diamond Experts Chairman, WDC Technical Committee A fact that most members of the global diamond community are possibly unaware of is that diamond production footprints have always been an integral part of the Kimberley Process (KP). This has been the case from the very  beginning. For clarification purposes a footprint refers to distinct physical characteristics that make up the particular profile of the rough diamonds mined at a [...]

22December 2020

WDC Newsletter

SOFT LAUNCH OF WDC’S NEW SYSTEM OF WARRANTIES HERALDS FINAL REVIEW STAGE BEFORE OFFICIAL DEBUT IN 2021 Peter Karakchiev, SoW Reform Project Leader in the WDC’s Strategic Planning Committee. The World Diamond Council’s new System of Warranties (SoW) has entered the beta-testing phase, comprising a soft launch of the process, with the participation of a representative sample of companies from across the diamond supply chain. It is the ultimate stage of an extensive review that will conclude at the end of the calendar year. This will allow [...]

22December 2020

WDC Newsletter

A YEAR TO FORGET, OR ONE TO LEARN FROM? Dear colleagues and friends, As 2020 comes to an end, I am sure you are also asking yourselves – was it a year to forget as quickly as possible, or was it a year from which we have learned a lot? The first point I would like to stress is that we should not underestimate the suffering that numerous people have been subject to.  The COVID disease caused a general sense of depression, experienced by many, and especially those from younger generations. [...]

13October 2020

WDC Newsletter

YOUNG DIAMANTAIRES LOOK TO CREATE A DIAMOND-POWERED RENAISSANCE Students in class at the Renaissance Secondary School in Musina, South Africa. The school, which serves an underprivileged area in the mining town, is now being supported by the Young Diamantaires, a group established by the World Federation of Diamond Bourses (WFDB), a WDC member. (Photo courtesy of De Beers) In 2016, Rami Baron was sitting in a board meeting of the World Federation of Diamond Bourses (WFDB), when he realized that, other than himself, [...]

13October 2020

WDC Newsletter

“Women of the Diamond Industry” focuses on the issue of gender equality along the entire diamond and jewelry supply chain. The series provides a platform for women in the industry to tell their own story and describe the particular challenges they have faced in their careers. The third article in the series is authored by Polina Proksheva, a geophysicist employed by ALROSA, the Russian diamond mining company. DREAMING BIG AND MAKING IT HAPPEN AT 30 DEGREES BELOW CELSIUS Polina Proksheva [...]

13October 2020

WDC Newsletter

ALTHOUGH FALSE KP CERTIFICATES ARE RARE, INDUSTRY CAUTION IS STILL RECOMMENDED Mark Van Bockstael By Mark Van Bockstael Chair, KP Working Group of Diamond Experts Chairman, WDC Technical Committee Several times a year, with uncanny regularity, the international diamond trade receives alerts from the Kimberley Process (KP) about yet another false certificate that has been encountered, and for which it is asked to practice enhanced vigilance. Together with the mostly negative media coverage such news generates, many diamantaires wonder whether the Kimberley Process Certification Scheme (KPCS) [...]