{"id":1093791,"date":"2019-01-11T11:20:00","date_gmt":"2019-01-11T11:20:00","guid":{"rendered":"http:\/\/www.mining.com\/?p=963035"},"modified":"2019-01-11T11:20:00","modified_gmt":"2019-01-11T11:20:00","slug":"tiffany-joins-top-diamond-miners-in-disclosing-origins-of-gemstones","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1093791","title":{"rendered":"Tiffany joins top diamond miners in disclosing origins of gemstones"},"content":{"rendered":"

World famous jeweller Tiffany & Company has launched an initiative to provide greater transparency<\/a> about the origins of its diamonds to customers, from miner to retailer.<\/p>\n

Following in the footsteps of world\u2019s No. 1 diamond miner De Beers, which is testing a blockchain technology-based platform<\/a> aimed at clearing the supply chain of imposters and conflict diamonds, Tiffany has begun tracing each of its individually registered diamonds (0.18 carats and larger) by a unique serial number.<\/p>\n

The \u201cDiamond Source Initiative\u201d\u00a0identifies for customers the country where diamonds were mined, and, eventually, will also include information on where they were cut, polished and set.<\/q><\/p>\n

The digits, etched by laser and invisible to the naked eye, provide consumers with the exact provenance and country of origin for the diamonds they are acquiring.<\/p>\n

By 2020, the New York-based jeweller plans to add further information about the “craftsmanship” journey of its precious gems, such as cutting and polishing workshop location.<\/p>\n

The program, known as the \u201cDiamond Source Initiative\u201d, is part of jewellers\u2019 effort to attract younger shoppers, for whom the issue of sourcing is\u00a0a key factor in their shopping behaviours.<\/p>\n

“Diamonds, formed up to three billion years ago and brought to the earth’s surface by a miracle of nature, are symbols of the most important moments in our lives,” Tiffany CEO Alessandro Bogliolo said in a statement<\/a>. “There should be nothing opaque about Tiffany diamonds.”<\/p>\n

Despite the establishment of the Kimberley Process in 2003, aimed at removing those so-called conflict diamonds from the supply chain, experts say\u00a0trafficking of precious rocks is still ongoing<\/a>.<\/p>\n

While Tiffany controls most of the process that readies its diamonds for display cases, it buys its roughs from suppliers with various mines. The country-of-origin information comes from those companies and does not link diamonds to specific mining operations.<\/p>\n

That\u2019s why, in cases where a precious stone’s provenance is unknown, such as with those that pre-date the initiative, Tiffany will be able to certify they were mined in countries known for having ethical practices, such as Canada, Botswana, Namibia and South Africa.<\/p>\n

Going forward, polished diamonds will be required to comply with Tiffany’s \u201cDiamond Source Warranty Protocol\u201d, which restricts sourcing to countries that do not present diamond-related human rights concerns.<\/p>\n

\u201cTiffany & Co has long been committed to diamond traceability and going above and beyond industry norms to promote the protection of the environment and human rights,” said chief sustainability officer Anisa Kamadoli Costa. “A transparent journey of responsible sourcing reflects the many positive and far-reaching benefits along every step of the diamond supply chain.”<\/p>\n

In 2017, Tiffany & Co. sold more than $500 million worth of diamond engagement rings.<\/p>\n

The post Tiffany joins top diamond miners in disclosing origins of gemstones<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The New York-based jeweller has launched its own program to identify for customers the country where their diamonds were mined, and, eventually, information on where they were cut, polished and set.<\/p>\n

The post Tiffany joins top diamond miners in disclosing origins of gemstones<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[798,651,506,999,404,369,438,428],"tags":[9,25,81,105],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1093791"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1093791"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1093791\/revisions"}],"predecessor-version":[{"id":1093876,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1093791\/revisions\/1093876"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1093791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1093791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1093791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}