London Diamond Bourse, De Beers Partner on Lab Services

05/02/2016 12:51

Professional Jeweller reports that the London Diamond Bourse (LDB) has partnered with De Beers' International Institute of Diamond Grading & Research (IIDGR) to launch a diamond grading and melee screening lab service in the UK. The agreement between LDB and IIDGR commences a new service that will enable members to submit to the IIDGR lab melee for full testing as well as diamonds over .14ct for grading. Victoria McKay, chief operating officer of LDB explains: “Guidance will be recommended to all LDB members to test melee using the mathematically based De Beers, ‘Best Practice Principles’ ... We see this as a positive move offering further support to the UK trade. As a trade association, we are taking a proactive attitude towards developing services for our members which support consumer confidence in the long term. We seek to strengthen the diamond supply chain in the UK and give the industry further confidence in sourcing diamonds from a London Diamond Bourse member.”