GIA cited “changes throughout the worldwide diamond enterprise that resulted in important declines in submissions from native purchasers over the past various years” because the rationale.
Though the company had decrease working costs and decreased workers by attrition on the lab, it acknowledged in the end, the Ramat Gan location was not financially sustainable.
“Israel continues to be an important center for specialised diamond lowering and sprucing,” GIA President and CEO Susan Jacques acknowledged.
“We’ll current suppliers for our purchasers by totally different GIA locations.”
All diamonds for the time being on the lab will most likely be returned to purchasers with the requested GIA tales.
Starting Nov. 17, the Ramat Gan lab will most likely be accepting submissions for service at totally different GIA locations.
Diamonds which may have been serviced on the Ramat Gan lab will most likely be despatched to totally different locations and returned to purchasers at no additional costs, acknowledged GIA.
Widespread transport costs will nonetheless apply to diamonds submitted to GIA Ramat Gan which may not have been serviced regionally.
GIA acknowledged it is working to rearrange a third-party course of to simply settle for submissions from walk-in purchasers at Ramat Gan that may most likely be processed elsewhere.
That third social gathering would accept devices for shipments to totally different GIA companies and return them to purchasers.
Further particulars will most likely be launched shortly, acknowledged GIA.
These with questions or points can contact the lab or ship an e mail to ramatganlab@gia.edu.