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Archive for December 20th, 2011

GIA Opening Lab in Japan

Tuesday, December 20th, 2011

The Gemological Institute of America (GIA) is extending its operation in Asia by opening a new laboratory in Japan in 2012. The launch was decided upon after recent talks with Japanese stakeholders.

“We are excited to develop a presence in Japan,” the president and CEO of GIA, Donna Baker said, “Japan, along with India and China, are the world’s leading diamond markets, behind the U.S. GIA’s mission is to promote the public trust in gems and jewelry and, as such, we will do everything within our means to carry forth this mission in Japan and to assist the Japanese diamond community in furthering these goals.”

It was announced that details on the GIA facility and services in Japan will be announced in early 2012.

The GIA also has plans to open a lab in Israel in 2012 also.

37.68 carat NMDC Diamond Passed in

Tuesday, December 20th, 2011

The biggest diamond discovered by NMDC at Majhgavan, in Uttar Pradesh, India, has been passed in at a recent auction at the National Mineral Development Corporation.

There was no buyer for the massive 37.68 carat diamond which was acoompanied by another large diamond, also passed in.

The auction, held at the NDMC mines club at Majhgavan, hosted buyers from all over India.

According to Diamond World, the Panna mines at Majhgavan are considered Asia’s biggest mechanised diamond mines with NMDC currently the sole organised diamond producer in India.

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