A crucial change to GIA grading reports could restore confidence among the trade and consumers.

Prices for Rough at TAGS Tender Exceed Expectations
Sale of specials achieves 95% sell-through rate.
Botswana President Duma Boko had to try twice to inject some energy into a sleepy audience at the annual World Federation of Diamond Bourses (WFDB) gathering in New York. It was the morning after the JCK Las Vegas show, and many (including this reporter) had just got off a red-eye flight from the Nevada city.
“A very good morning to you all,” the event’s star guest said after introducing the standard list of dignitaries in the room. Underwhelmed by the mumbled…
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Sale of specials achieves 95% sell-through rate.

Gareth Penny-led consortium would pay $750 million up front, Bloomberg says.

Sales value down 24% in fourth quarter and flat for full year.
A crucial change to GIA grading reports could restore confidence among the trade and consumers.