Jennifer Wells: How Canada’s dazzling future in diamonds ended in fraud charges
|Toronto Star 11 Jan 2019 at 08:16|
Recent moves by firms like Tiffany to push for the responsible sourcing of gems through highly complex supply chains lead to greater transparency in the industry. (JEENAH MOON / NYT)
The open pit at the Diavik Diamond Mine in the Northwest Territories. (Ben Nelms / Bloomberg)
The news from Tiffany & Co. of a diamond provenance initiative is welcome. Steps the company has taken as of this week — providing geographic sourcing information for individual diamonds — will be ramped up in 2020 when the New York jewelry house begins sharing the “craftsmanship journey,” as in, where those stones were turned into princess-cut bedazzlers. Do you want your diamond to be ethically sourced? Of course you do.