LAS VEGAS--(BUSINESS WIRE)--The Rapaport Group is pleased to launch the Green Star Source Program which tracks the source of polished diamonds from the rough diamond producer.
Polished diamonds sourced from Okavango rough diamonds that are analyzed by GIA and issued a GIA Diamond Origin Report (DOR) will now receive Rapaport Green Star certification and designation on RapNet.
“GIA’s Diamond Origin Report Service and Okavango ethical sourcing allows us to issue Green Star certificates for polished diamonds. Prioritized RapNet Green Star designation will promote price premiums for ethically sourced diamonds,” said, Martin Rapaport, Chairman of the Rapaport Group.
“GIA Diamond Origin Reports help provide consumers the transparent diamond origin information they increasingly demand,” said GIA Executive Vice President and Chief Laboratory and Research Officer. “Analyzing rough diamonds for this service at the GIA laboratory in Botswana reinforces the connection between the diamond and it’s verified source.”
”The Okavango Diamond Company is pleased to cooperate with the Gemological Institute of America and the Rapaport Group to ensure an ethical supply of Botswana diamonds to the diamond markets. We are pleased to support the GIA Diamond Origin Grading Reports and the Rapaport Green Star diamond programs,” said, Mmetla Masire, Managing Director of Okavango Diamond Company.
About the Rapaport Group: The Rapaport Group is an international network of companies providing added-value services that support the development of ethical, transparent, competitive and efficient diamond and jewelry markets. Established in 1976, the group has more than 20,000 clients in over 121 countries. Group activities include Rapaport Information Services, providing the Rapaport benchmark Diamond Price List, as well as research, analysis and news; RapNet, the world’s largest diamond trading network; and Rapaport Trading and Auction Services, the world’s largest recycler of diamonds. Additional information is available at rapaport.com.
