About diamondbourse

We operate the only diamond trading floor in Canada. We create, invigorate and enhance all diamond trading activities in Canada, by offering efficient services & innovative trading solutions to industry stakeholders. 'The Bourse' is an exclusive institution, whose history, traditions and facilities make it unique in Canada. Members subscribe to - and are bound by - a strict code of ethics and best business practice. Although 'The Bourse' do not sell direct to the public we are a very important and integral part of the industry and we hope you find our site informative.

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

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Interview with David Gavin, President Diamond Bourse of Canada

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Rami Baron President of the DIAMOND DEALERS CLUB OF AUSTRALIA and executive member of the WORLD FEDERATION OF DIAMOND BOURSES interviews David Gavin, President Diamond Bourse of Canada.

Flight Centre Business Travel

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Dear Bourse Member,

As a Diamond Bourse of Canada member we now bring you the benefit of services from Flight Centre Business Travel, which provide great value on flights, hotels and car services.  Please find the relevant forms attached for your use at the bottom of this message. 

The DBC Business Development Manager is Richard Pummell, feel free to call or email him to discuss any questions you may have, his contact information is provided at the end of this email.

Here are the services that are most beneficial to you:  

  • Dedicating a Business Travel Consultant and backup team for your business; this consultant will assist with all travel needs (e.g. air, hotels, car rental, meeting and conference coordination, town car service, etc.)
  • Prompt service, replying within 15 minutes to acknowledge receipt of your travel request and travel options provided to you within 2 business hours.
  • Local, personalized service including 24 hour “on-call” emergency service:  From anywhere in the world this allows us to make changes and issue tickets at any time there should be a last minute, or emergency requirement
  • Personalized traveller profile forms for all travellers: This will allow Flight Centre to fully understand needs, preferences, loyalty programs etc. to turnaround your travel booking experience with less hassle and less time
  • Clear, organized and concise reporting/invoicing:  Our reporting and invoicing can be sent directly to accounting or travellers to manage their expenses efficiently – this involves an invoice with each booking, as well as a monthly summary of all transactions (Weekly, Monthly, Quarterly etc.). We can also further breakdown reporting to type of expense (e.g. flight vs. hotel vs. car), supplier specific, traveller specific, etc.
  • Receiving multiple options: (minimum of 3 unless otherwise requested) on all travel requests (e.g. lowest fare, most direct, best value, etc)
  • Access to our Negotiated Rates: We will strive to find all opportunities to reduce costs by using our contracted rates where possible
  • Travel Reviews: Flight Centre Business Travel offers consistent and regular evaluation of Travel Spend to see where savings, corporate rates can be negotiated
  • Flexibility included under a service fee of $35/booking – this is a flat fee regardless of add-ons (hotel, car rental, etc) or destination. We do not charge additional fees for using emergency phone, making changes to tickets, reporting, etc.

Here are the relevant forms for your use:

Traveler Profile Form Fillable (307 KB)

FCBT Credit Card Authorisation (1617 KB)

 
Richard Pummell
Business Development Manager 

Flight Centre Business Travel – Canada
Direct: 647 220 2037 
richard.pummell@flightcentre.ca 
www.flightcentre.ca/business/ 

De Beers Canada presents the DTC Diamond Sure™ to the Diamond Bourse of Canada

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De Beers Canada presents the DTC Diamond Sure™ to the Diamond Bourse of Canada

Upon it’s opening, in January 2010 the Diamond Bourse of Canada was generously presented with the DTC Diamond Sure™ from De Beers Canada. In the photo Bhushan Vora, Founding Chairman Diamond Bourse of Canada and President at Gem Star Inc. receives the DTC Diamond Sure™ from Jim Gowans, currently CEO, Debswana, De Beers .

All Bourse members, 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.

With the current news about synthetics in the market, members are more frequently testing their diamonds at the Bourse with the DTC DIAMONDSURE™. While testing, we discovered a Type Iab diamond.

We now understand that the DTC DIAMONDSURE™ can indicate the possible type of diamond it is testing.

Another 50 stones were tested and discovered two (2) Type II diamonds that were a D colour.

Not all stones though that are flagged by the DIAMONDSURE are synthetics; rather they display indicators that warrant further examination, such as a possible Type Iab or a possible Type II without further laboratory testing.

Around 98% of colourless and near-colourless diamonds will ‘PASS’ and require no further examination.

All synthetics, simulants and around 2% of natural diamonds (type II and IaB) will be indicated and register as ‘REFER FOR FURTHER TESTS’.

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Quebec, Stornoway talk local diamond processing spinoffs

Quebec, Stornoway talk local diamond processing spinoffs

Reserving just 10% of Stornoway’s production volume would create 100 jobs for cutters and polishers alone, said Melisende president Harry Ohanessian. He said Melisende is willing to teach Quebecers how to cut diamonds to create a local cutting base.

“We’re all waiting for this,” Mr. Ohanessian said in an interview Tuesday, adding the key element of any agreement is asking Stornoway to provide bigger and higher-grade diamonds, not just lower-quality smaller stones. He argues the NWT’s processing effort was crippled by the lower-calibre of diamonds being provided to the cutters by the mines, which wasn’t good enough to make up for higher operating costs in Yellowknife.

Negotiations between the Quebec government and Stornoway continue and “all options” are on the table including mandating a dedicated volume for local processors, Quebec Natural Resources Minister Martine Ouellet told reporters at Stornoway’s head office Tuesday. “Our desire is to create jobs in Quebec. So now we’re at the stage of examining which stage of processing has the most opportunity for job creation.”

Photograph by Stornoway Diamonds Corp., Financial Post

The Fine Jewellery Auction Industry

 

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In anticipation of the upcoming Dupuis Fall Auction on November 24th, the GIA Ontario Alumni Association, in partnership with the Diamond Bourse of Canada, invites you to join guest presenter Duncan Parker for an evening dedicated to

 The Fine Jewellery Auction Industry

 This educational and networking opportunity will also allow non-Bourse members to discover the organization’s facility and daily operations, as well as exchange with key industry peers and colleagues

 on Tuesday, November 12th, 2013, from 7pm to 9pm

 at the Diamond Bourse facility located at:  27 Queen Street East, suite #701

 Member/Student Fee: $10 – Guest Fee: $15  (Cash payment at event)

 Due to high demand in past events and limited seating, RSVP is required: giaalumniontario@gmail.com 

 Join us as we learn how an auction works, how to recognize types and periods of jewels, as well as the role that gemmologists play in the auction process.  Duncan will also share key information about items that are generally of most note at an auction, as well as specific examples from the upcoming Dupuis Fall auction.

 About the presenter:

Duncan Parker is Vice President at Dupuis Fine Jewellery Auctioneers. He is also President of The Canadian Gemmological Association, President of Jewellers Vigilance Canada, as well as former partner at Harold Weinstein Gemmological Laboratory, and long-time educator at the Canadian Gemmological Association, George Brown College, and Ryerson University’s Life Institute.

Please join us for a memorable evening!

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)

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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.

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Crossworks Presents the Grey and Simcoe Foresters Princess Royal Brooch

DBC Member Crossworks, in the News

“Crossworks is proud to have the opportunity to be a part of Ontario history in producing this brooch for HRH Princess Anne. The Georgian College, government of Ontario, De Beers Canada and Detour Gold have worked in partnership to create a regal legacy for the province of Ontario. Victor diamonds are truly unique and we are honoured to have crafted the diamonds that were set in the brooch and the winning bracelet design,” said Dylan Dix, the  group executive of marketing and external relations.