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While the hands-on approach is still crucial, artificial intelligence is already a boon to mapping and polishing stones – and there’s more on the horizon. The diamond-manufacturing industry has made significant strides in integrating artificial intelligence (AI) into scanning, planning, polishing, quality control, and other elements of the process. Through advanced algorithms and machine learning, […]
Only natural diamonds are real, rare, and responsible. Formed deep within the earth billions of years ago and brought to the surface through prehistoric volcanoes, these finite and unbreakable natural wonders are the oldest and hardest objects you will ever touch. Through their formation and nature’s creative ingenuity, every natural diamond is unique. Their timeless […]
Impactful leadership: The executive director and secretary-general of the Watch & Jewellery Initiative 2030 discusses mentoring, gender equality, and tackling global problems.
The facility is located in Sarine’s office building in Surat. The Gem Certification & Assurance Laboratory, which was acquired by Sarine last year, has opened a laboratory in the diamond manufacturing hub of Surat, India. Don and Pamela Palmieri founded New York-based GCAL in 2001.
It provides a timeline for the implementation of new restrictions, but no details. Diamonds “mined, processed or produced” in Russia will be prohibited from entering G7 nations beginning Jan. 1, 2024. In March, tighter restrictions will go into effect.
The European Commission (EC) ban on Russian diamonds may target lab-grown stones in addition to mined gems, according to a report from Agence France-Presse, which said it’s seen an advance copy of the EC proposal.
De Beers is testing a plan to sell diamonds with an “origin story” at 65 stores through the United States.
A new sanctions package proposed by the European Commission would prohibit Russia from importing rough and polished diamonds into Belgium and other EU countries after January 2024, according to a report in Reuters.
It was midnight. The annual Kimberley Process (KP) plenary in Victoria Falls, Zimbabwe, had come to a preliminary agreement on its communiqué—which included some 90 items, mostly about administrative matters like choosing Botswana as the home of its much-delayed secretariat. The members of the certification scheme applauded.
De Beers and Sarine Technologies are joining forces to create a system that will let Group of Seven (G7) countries see the full provenance of all diamonds passing through customs.
Amid financial pressures and declining training opportunities, the number of lapidaries is plummeting — but there is cause for hope.
What does the future of the luxury industry hold? From sales growth to the use of AI in customer relations, Bain & Company’s latest study “A thousand winds that blow” takes stock of the luxury market and its prospects. Here is an exclusive interview with Mathilde Haemmerlé, partner at Bain & Company’s luxury goods division.
