The Diamond Empowerment Fund (DEF) will honor Russian diamond miner Alrosa and the Luxury Jewelers Resource Group at its Diamonds Do Good gala on May 30 at the Palazzo Ballroom in the Venetian Resort during the JCK Las Vegas show.

Alrosa will receive the group’s Diamonds Do Good Community Stewardship Award, while the Luxury Jewelers Resource Group  will receive the Diamonds Do Good Community Building Award.

Alrosa, the world’s largest diamond producer in terms of carats, is being honored for dedicating 3 percent of its revenue to social and economic development and charity projects. This includes supporting education and culture, offering health care, rehabilitation, housing, culture, and sports activities for the people of Yakutia.

The Luxury Jewelers Resource Group is a consortium of 12 independent family-owned jewelry retailers across 20 states that was established in 2005. Its members share a “strong belief in building the community around where they do business” and contribute to a wide range of charities, according to the DEF.

The banners under this group include Bachendorf’s, Bruce G. Weber, Diamond Cellar, Hamilton Jewelers, Hyde Park Jewelers, Lee Michaels Fine Jewelry, London Jewelers, Lux Bond & Green, Mann’s Jewelers, Reis-Nichols Jewelers, Tapper’s Diamonds & Fine Jewelry, and Tivol.

“The recipients of this years’ Diamonds Do Good Awards reflect the ongoing positive impact being fostered by the diamond industry at home and around the world,” said DEF president Anna Martin, who is also senior vice president of global business development and beneficiation for the Gemological Institute of America, in a statement. “Sharing these stories with our customers is not only good for business, it is a responsibility for the entire industry.”

For more information and to purchase tickets or sponsorships for the Diamonds Do Good Awards gala, please visit diamondsdogoodawards.org.

Last year, the group honored De Beers CEO Bruce Cleaver and the government of Canada’s Northwest Territories.

(Image courtesy of the Diamond Empowerment Fund)

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