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CA Congress embraces sustainability initiatives in Brazil and Africa, guides trade on tariffs

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The May 19-22 ICA Congress highlighted initiatives towards greater sustainability in Brazilian and African gemstone mining, and gave guidance to the global gemstone trade on how to face up to the challenge of tariffs.

The Congress of the International Colored Gemstone Association (ICA) in Brasilia heard calls from speakers to develop responsible sourcing of coloured gemstones in Brazil by improving permissions for small-scale artisanal miners, who extract most of the South American country’s vast array of coloured gemstones.

Geologist Brian Cook, owner at Nature’s Geometry, appealed at the ICA Congress for more support for Brazilian artisanal mining communities in order to strengthen the industry. Cook urged more state-backed initiatives as well as investments to support responsible sourcing and permissions in artisanal mining areas, while ensuring health and safety.Regenerative agriculture, new income resources and entrepreneurial opportunities can be introduced to move towards greater sustainability in artisanal mining, he added.

The “Gems Keep Giving” initiative presented information about a life-changing project in Kenya and a new project that has started in Brazil to combat silicosis, which is a  form of occupational lung disease caused by inhalation of crystalline silica dust.

A video presentation about a “Gems Keep Giving” water purification project in Kamtonga, Kenya, supporting the small-scale artisanal mining community there, received a standing ovation from the audience.

The ICA’s leadership advised their members around the world, faced with the challenge of tariffs, to contact their local government representatives to press for preferential trade deals, and to seek out contacts with US trade representatives.

ICA and the US Jewelers Vigilance Committee (JVC) are planning webinars in the coming months to inform members about tariffs and how to facilitate trade and shipping in coloured gemstones.

A possible rise in US tariffs after expiration of the present 90-day pause, could trigger investment in cutting and polishing in gemstone origin countries, Sara Yood, President, CEO and General Counsel at the JVC, told the ICA Congress.

If tariffs, presently held at 10 percent, revert to higher rates in key gemstone manufacturing countries such as India and Thailand, more investments in crafting operations in gemstone origin countries may follow, Yood said during a question-and-answer session. “Businesses may look to keep more cutting in mining countries, especially if those mining countries have a preferential tariff rate,” she said.

The ICA leadership summed up the impact of the Congress, underlining the strength of engagement by attendees at the event.

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DiamondBuzz

Lost Florentine Diamond Resurfaces in Canada After a Century, Tracing Its Glittering Origins to India’s Golconda Mines

Once a royal treasure of the Medici and Habsburg dynasties, the 137.27-carat gemstone reemerges in a Montreal vault, reaffirming India’s Golconda as the cradle of the world’s most storied diamonds.

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The legendary Florentine Diamond — a 137.27-carat light yellow gemstone believed to have originated from India’s famed Golconda mines — has been rediscovered in a Canadian bank vault, ending over a hundred years of intrigue surrounding its disappearance.

According to recent reports, the diamond—once among Europe’s most celebrated royal jewels—was located in a vault in Montreal, safeguarded for decades by descendants of the Austrian imperial Habsburg family. The gemstone vanished after the fall of the Austro-Hungarian Empire in 1918, following Emperor Charles I’s exile, sparking decades of speculation over its fate — whether it was stolen, lost, or secretly sold.

Historians now confirm that Empress Zita, widow of Charles I, discreetly transferred the diamond to Canada during World War II for safekeeping. Its authenticity was recently verified by a European jewellery house that historically served the Habsburg court, confirming the gem’s provenance and preservation.

Renowned for its pale yellow hue and unique double-rose cut with 126 facets, the Florentine Diamond boasts a storied history — from its origins in India’s Golconda mines, to the Medici treasury in Florence, and later as part of the Austrian Crown Jewels in Vienna.

Its rediscovery has reignited global fascination with India’s gem legacy, which gave birth to other iconic diamonds like the Koh-i-Noor, Hope, and Nassak. Experts say the find underscores the importance of provenance and gem heritage in an increasingly globalised jewellery market.

The Habsburg family has announced plans to publicly exhibit the diamond in Canada next year, with potential displays in Europe to follow.

After more than a century of obscurity, the reemergence of the Florentine Diamond not only restores a lost royal masterpiece but also revives India’s enduring connection to the world’s most illustrious jewels.

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