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Jewelry Biz Can Now Trace Diamonds' Provenance

Where did that diamond come from? is it sustainable or politically correct -- or not? "Now, primarily because of the war in Ukraine and the additional sanctions expected soon on diamonds from Russia (the world’s biggest diamond exporter by volume), 'knowing where a diamond has come from is becoming essential information,' Al Cook, the chief executive of the De Beers Group," according to the New York Times. So "several traceability systems have been introduced in the last six months."

Read the whole story at The New York Times »

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