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Quartet Teams Up to Verify 30-Carat Diamond
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Everledger has partnered with three major industry organizations to offer traceability for a 30-carat diamond from the Karowe mine in Botswana.The technology company teamed up with India-based manufacturer Hari Krishna Exports, miner Lucara Diamond...
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Technology
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Jan 20, 2021
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Rapaport News
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Antwerp, Dubai Upbeat on Rough-Tender Market
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The largest rough-trading centers face a busy January as adaptations have enabled them to continue holding sales events during the pandemic. Antwerp and Dubai will host 14 rough tenders between them this month, after...
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Rough Markets
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Jan 12, 2021
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Rapaport News
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Stuller Close to Normal Operations After Cyberattack
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Stuller has made progress recovering from a cyberattack that struck over the weekend, with deliveries resuming and communications systems back in action.“As customers place orders this week, we are committed to and anticipate meeting...
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Technology
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Dec 03, 2020
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Rapaport News
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Israel’s Sarine to Open Dubai Service Center
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Sarine Technologies will launch a diamond-scanning center in Dubai following Israel’s peace deal with the United Arab Emirates (UAE).The Israel-headquartered company will partner with Trigem, a Dubai-based provider of services to the diamond industry, which...
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Technology
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Nov 05, 2020
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Rapaport News
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Chow Tai Fook Unveils In-House AI Grading Report
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Chow Tai Fook is launching its own diamond certificates based on artificial intelligence, using a new grading scale featuring numbers instead of letters.The Chow Tai Fook AI Diamond Grading Certificate will be available for stones weighing...
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Retail
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Nov 03, 2020
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Rapaport News
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WD Opens Up Lab-Grown Patents to Distributors
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WD Lab Grown Diamonds has entered into patent sublicensing agreements with two synthetics companies, enabling them to distribute chemical vapor deposition (CVD) stones in North America and beyond.The deals with Altr and Altr...
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Financial-Legal
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Oct 25, 2020
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Rapaport News
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HB Antwerp Aims to Shake Up Large-Stone Market
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It’s not often a newcomer sweeps in to buy the largest diamond available on the market. Such deals are usually reserved for high-end jewelers such as Graff, Moussaieff, Harry Winston, or even large-scale retailers like Chow...
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Manufacturing
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Sep 17, 2020
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Joshua Freedman
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HB Antwerp Buys Sightholder’s Cutting Factory
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HB Antwerp has acquired the manufacturing facility of Belgian large-stone specialist AMC Diamonds, gaining 13 employees alongside the company’s machinery and technology.“With this acquisition, HB Antwerp confirms its ambition to bring the diamond-polishing process back...
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Manufacturing
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Sep 13, 2020
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Rapaport News
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GIA Embraces Automated Clarity Grading
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The Gemological Institute of America (GIA) has teamed up with IBM Research to develop an automated system for grading the clarity of a diamond.The artificial intelligence (AI) technology uses data from tens of millions of diamonds GIA laboratories...
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Technology
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Jul 27, 2020
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Rapaport News
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Shairu, Everledger Team Up to Track Emissions
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Technology company Everledger has partnered with De Beers sightholder Shairu Gems Diamonds and Atit Diamond Corporation to offer more transparent data on the goods they supply, as well as a mechanism to offset their carbon footprint.The London-based...
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Technology
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Apr 23, 2020
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Rapaport News
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Tech Pioneer Sees Future for Synthetics in Israel
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Israel has an opportunity to forge a new specialism in diamond synthesis as its polishing sector diminishes, according to a leading hi-tech executive and founder of a lab-grown venture.The country’s once-thriving diamond-manufacturing industry has mostly shifted to India, with only...
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Technology
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Jan 02, 2020
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Joshua Freedman
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Synova Launches Automated Cutter
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A technology provider part-owned by De Beers has unveiled anautomated cutting machine that, it claims, will significantly speed up diamondmanufacturing and reduce costs. Synova’s DaVinci system is the market’s first automated instrument that can produce all...
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Manufacturing
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Sep 26, 2019
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Rapaport News
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DPA Puts Synthetics Detectors to the Test
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A synthetics detector costing less than $7,000 is one of only two machines that conclusively identified 100% of lab-grown diamonds in a recent industry-widestudy.Yehuda’s Sherlock Holmes, priced at $6,495, correctlyspotted all synthetic diamonds in a “deliberately challenging” sample,according to a report...
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Technology
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Mar 05, 2019
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Rapaport News
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Lucara Completes First Sale on Clara Platform
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Lucara Diamond Corp. recorded an 8% premium in theinaugural sale of rough on its new digital platform, which it completed lastmonth, the miner reported Tuesday. Five out of seven participating manufacturers andjewelers came away with goods, with...
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Rough Markets
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Jan 08, 2019
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Rapaport News
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De Beers’ Lightbox Chief Reveals 2019 Plans
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De Beers shocked the industry in May by announcing it would launcha line of fashion jewelry featuring laboratory-grown diamonds. Lightbox Jewelrystarted selling the products online in September, and it’s now looking atexpansion options.The main opportunity to develop...
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Retail
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Dec 27, 2018
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Joshua Freedman
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Lesedi La Rona May Once Have Been 2,774ct.
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The second-largest diamond in history was probably twice as big before it broke into pieces, researchers at the Gemological Institute of America (GIA) have claimed.Similarities between the 1,109-carat Lesedi La Rona, the 812-carat Constellation and three...
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Mining
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Dec 20, 2018
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Joshua Freedman
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Chow Tai Fook Joins De Beers Blockchain
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De Beers has expanded its blockchain initiative into theAsian retail sector by signing up Chow Tai Fook, the largest diamond jeweler inthe region. Chow Tai Fook’s participation will enable De Beers to extendthe reach of the...
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Technology
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Dec 19, 2018
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Rapaport News
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Analysis: Crypto Firms Betting on Diamonds
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Somewhere between the volatility of cryptocurrencies and thestability of diamond prices lies an opportunity for investors. That is, atleast, what several new initiatives to create diamond-backed crypto-coins arebetting on.In fact, developers of these coins, or “tokens,”...
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Technology
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Dec 11, 2018
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Avi Krawitz
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De Beers Hires Tech Exec to Lead Blockchain
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Tracr,De Beers’ blockchain platform, has appointed technology executive Jim Duffy to runthe next phase of the project’s development. Duffy (pictured) joins Tracr as general manager just as the platform is starting to grow inscale, the De Beers...
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Technology
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Aug 16, 2018
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Rapaport News
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Israel Bourse Ends Cryptocurrency Deal
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The Israel Diamond Exchange (IDE) has terminated itspartnership with Carats.io because the cryptocurrency company did not haveregulatory approval, both organizations told Rapaport News. The IDE has required Carats.io to cease all...
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Technology
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Jun 26, 2018
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Joshua Freedman
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