Our Library is Growing!

Debra Sawatzky, of Value the Past Ltd., http://www.valuethepast.com  dropped by our office and very generously donated an 8 books to the DBC library on behalf of Renee Newman and Debra Sawatzky.  The book list:

Rare Gemstones, 
Exotic Gems vol. 1
Exotic Gems vol. 2
Exotic Gems vol. 3
Jewellery Handbook
Gold, Platinum, Palladium, Silver & other Jewellery metals
Ruby, Sapphire & Emerald Buying Guide
Pearl Buying Guide

 
Debra donated the Diamond Handbook, by Renee Newman (International Jewelry Publications) when the Bourse opened 5 years ago, also in the library.

Thank you, Debra and Renee, your contribution is very important and deeply appreciated.

DBC Library books

 

RAPAPORT Profile: David Gavin

RAPAPORT Profile: David Gavin

Click here to read the full interview on Rapaport

The Diamond Bourse of Canada began operations in 2010, providing a bourse to the world’s third-largest diamond mining country by value. David Gavin was re-elected to a second term as president of the bourse at the end of May this year.

Name: David Gavin
From: Canada
Company: Diamond Bourse of Canada – President

Rapaport News: What characterizes the Canadian diamond jewelry market? Does it mirror the U.S. market?

DG: It is similar to the U.S. market but on a smaller scale. The recently approved Signet acquisition of the Canadian jewelry chains People’s and Mappin’s, which fall under the Zale banner, is a good thing for the Canadian market because such players tend to bring fresh ideas into the marketplace. In general, there’s a lot of cross-pollination between the U.S. and Canadian markets.

This means that there will be some synergies for the Canadian bourse and the U.S. market because we do have some U.S. members that don’t have offices and locations in Canada. The bourse gives them a place to hang their hat when they come and it gives them some sort of reference point in terms of finding customers.

The same is true for our Canadian members. We are a resource and a reference point for them. We can point them in the right direction depending on their needs. We really are a compass for them in terms of being plugged into certain associations or interest groups where we can see what trends are emerging in the market and help guide our members. 

Our membership with the WFDB will also provide access to all of the diamond bourses around the world. It will expose us to all of their events and things that are happening around the world that we haven’t had access to before. This means that we will receive a whole new source of information that will be of great use to our members.

Click here to read the full interview on Rapaport

ELECTIONS HELD AT DIAMOND BOURSE OF CANADA

David Gavin has been re-elected as the President of the Diamond Bourse of Canada

Toronto, May 20, 2014 — Elections were held at the Diamond Bourse of Canada on May 8, 2014, electing officers to the board of directors for a new 2 year term in office.

As a result, during the first meeting of the incoming DBC Board, the Executive Committee was elected and unchanged with the exception of David Gavin also serving as Treasurer.  David Gavin was re-elected as President-Treasurer.  Allen Shechtman was re-elected Vice President and Jeffrey Brenner was re-elected as Secretary.  Others elected to the board of directors include: Greg Jacobson, Samuel Chmielash, and Sampat Poddar and past president Bhushan Vora.

David Gavin has served on the DBC board since its inception in 2009.  He later assumed the office of Treasurer and served until his appointment to President in 2012 and subsequent re-election this year.

The new board is mainly comprised of members who have served on either the first or second board of directors and have been elected to return.  10 members stood in the elections vying for 7 positions with 1 new member Sam Chmielash winning a spot on the board.

GIA Develops, Will Sell Synthetic Diamond Detector

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GIA Develops, Will Sell Synthetic Diamond Detector

The instrument, called DiamondCheck, uses stereoscopy and works in combination with recently developed GIA software that interprets the data. So when a stone is put into the machine, it will tell the user if it is “natural and untreated,” “not diamond,” or “further testing [is] needed to determine treatment or synthesis.”

*Click the photo to read the whole story on JCK Online

Members Test Diamonds for Synthetic and Color Treatments at the Diamond Bourse of Canada

As a Diamond Bourse of Canada member, you are welcome to test stones using the equipment in our gemmological technology facility.  Two great and easy to use instruments for testing for Synthetics and Color Treatments are the DTC Diamond Sure™ and the HRD D-Screen.  

DTC Diamond Sure™

Well-conceived and highly effective synthetic diamond detection instrument, developed by the Diamond Trading Company (DTC) in London. The Diamond Sure™ does the initial screening, based on research with hundreds of thousands of samples, and can distinguish between natural diamonds and synthetic ones or simulates.  The device is easy to use, and gives sharp results:

  • A diamond will either pass the test or be recommended for further examination

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DTC Diamond Sure™ (above)


HRD D-Screen

  • A Compact Practical, and Affordable Test for Synthetic and Color Treated Diamonds
  • Operation is really simple: Turn the instrument on and watch it perform its self-check.
  • Then simply place a polished diamond over the sensor, close the cover, and in a few seconds the D-Screen gives its reading.
  • Green means the diamond can definitely be considered natural and not colour enhanced
  • Yellow indicates that the stone should be sent to a gem lab for more elaborate testing
  • Stones can be tested almost as fast as you can place them into the unit
  • To save power the unit shuts itself off automatically after five minutes

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The HRD D-Screen (above)

Link

Genesis Rare Diamonds Sells 15-Ct. Asscher Cut for $3M

DBC Member Genesis Rare Diamonds, in the News!

Genesis Rare Diamonds (Ontario) Ltd., sold a 15.10-carat, D, flawless, Asscher cut diamond to a client in Canada for  $3.3 million.asscher cut

Jeff Kushner, the president of Genesis Rare Diamonds, said, “The buyer of the diamond, an existing client of Genesis, stated to us several years ago that she was seeking an Asscher cut, D color, internally flawless diamond of approximately 10 carats and that she has been searching for such a diamond for almost 20 years, but to her dismay she was unable to source one.”

Kushner explained that they attempted to source the diamond, but it was not until several weeks ago that they were finally contacted by one source with a perfect match. Negotiating the transaction was “a tedious and complicated affair,” Kushner said, however, “both seller and buyer acting reasonably agreed upon a price acceptable to both parties and the transaction was concluded on October 22, 2013.”

The diamond’s Gemological Institute of America (GIA) grading report disclosed “excellent” cut with “excellent” symmetry and no florescence and classified the stone as type IIa, according to Genesis.

“The aesthetic beauty of this extremely rare and valuable diamond is a testament to the individual who painstakingly cut and polished this ‘miracle of nature,’” said Kushner.

ISRAEL DIAMOND WEEK AT THE DIAMOND DEALERS CLUB

ImageDDC President Reuven Kaufman has extended an invitation to all Diamond Bourse of Canada members for Israel week at the Diamond Dealers Club (DDC) during the week of November 11-14, 2013.

Diamond Dealers Club (DDC) President Reuven Kaufman announced that for the second edition of Israel Diamond Week (IDW), his Bourse will host more than 100 Israel diamond companies from the Israel Diamond Exchange.

DBC members must register with the Diamond Bourse of Canada to attend please call: 416-663-3262 or by email: info@diamondbourse.ca

For more information about the Diamond Dealers Club: http://www.nyddc.com/

IBOURSE.CA is a secure, business-to-business network for the diamond industry

  • Pricing, discounts, availability, actual market prices.  Don’t over pay or undersell.  Online access to diamond prices, news and analysis.
  •  Buy diamonds from trusted suppliers. No middle man, no commissions—buyers and sellers deal directly with each other.
  •  Sell diamonds to customers across Canada with a simple click.
  •  Connect with buyers and sellers.  Build your customer and supplier base.  Real-time, 24/7 access to the global diamond markets.

Are you a retailer located in Canada?

Register today at: http://ibourse.ca/

AWDC, Bain & Co. Annual Report Analyzes Diamond Value Chain

The Global Diamond Report 2013, Journey through the Value Chain

http://www.diamonds.net/News/NewsItem.aspx?ArticleID=44396

You can download the report here: http://www.awdc.be/en/journey-through-value-chain