Industry News

CIBJO and Responsible Jewellery Council (RJC) announce Memorandum of Understanding at IJL London

LONDON: SEPTEMBER 1, 2013 - CIBJO, the World Jewellery Confederation, and the Responsible Jewellery Council (RJC) signed a Memorandum of Understanding (MOU) today at the International Jewellery London Show (IJL).  The MOU will work to further advance responsible business practices among all sectors of the jewellery supply chain, and will include the use of CSR education programmes developed by CIBJO, in collaboration with the United Nations, and chain of custody certification programmes developed by RJC.

The MOU reflects the willingness of both organisations to collaborate on efforts to entrench a solid understanding and commitment from the jewellery industry, to improve its performance in the crucial areas of human rights, social and environmental performance and ethical business practices.


US Maintains Bans on Myanmar jade and rubies importing

The Obama administration maintained the ban on imports of Myanmar jade and rubies, according to the official announcement on August 7, manifesting their aims to push the political and economic reforms in the Southeast Asian nation.

"The administration is maintaining restrictions on specific activities and actors that contribute to human rights abuses or undermine Burma's democratic reform process," deputy national security adviser Ben Rhodes said in a statement. It is “due to continuing concerns, including with respect to labour and human rights”, Rhodes reiterated.


U.S. Keeps Myanmar Sanctions in Place on Gemstones

Myanmar's Ministry of Mining says new gem mining permits in Mogoke, Mineshu and Nanyar Sate will be issued at a price of $1,167 per gem mining block. Meanwhile, permits for jade mine blocks that expired during January, February and March will be renewed.


Scientists Believe Discovery Shows Viking Sailors Used 'Sunstones' to Navigate

Although it has long been recounted that Viking sailors made use of special "sunstones" to navigate their ships when clouds covered the skies, no evidence has ever been uncovered to suggest that they actually existed. Until now, that is.


Sotheby's Sells Gem-Set Magpie's Treasure Nest Clock in Hong Kong for $2.3 million

A standing clock made by luxury timepiece maker Patek Philippe and set with a huge multitude of gems was sold at a Sotheby's auction in Hong Kong for $2.3 million. Going by the name: the Magpie's Treasure Nest Clock, the clock is 52 centimeters high and weighs more than 15 kilograms.


Precious opals in Australia may shed light on the origin of the surface of Mars

Could gemstones provide evidence of the origin of the geology of the Earth and of Mars? That may be the case, according to work by researchers in the United States and Australia.

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