“We are building a new state-of-the-art tender facility,” says Ahmed Bin Sulayem, Executive Chairman, DMCC

Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman of DMCC, Ahmed Bin Sulayem has played and continues to play a key role in establishing and positioning DMCC...

20 may 2019

De Beers scaling up Tracr ahead of formal launch

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that...

13 may 2019

The perfect couple - platinum and diamonds

The Jewelry House of Leon Megé located in New York has long been firmly established in the jewelry market as a source of magnificent jewelry, in which platinum and diamonds often sparkle being married together and attracting everyone’s eyes, but are...

06 may 2019

The technology of growing single-crystal diamonds has now become industrial in nature

It is believed that the reserves of natural diamonds will be exhausted by the middle of the century, and therefore production of synthetic diamonds is rapidly gaining relevance. According to Business Insider India’s estimates, the global synthetic diamond...

29 april 2019

De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

22 april 2019

Diamond Foundry rises prices by an average of 15% across all channels

11 january 2019

Diamond Foundry announced raising prices by an average of 15% across all channels effective 1/1/2019.
"After careful monitoring of the market situation over the past months, we see demand increasingly outpacing supply," the company said. This is due to the increase in size and frequency that buyers in the diamond industry are wanting aboveground diamonds whereas the corresponding supply is not increasing at the same rate. 

Image credit: Diamond Foundry

Diamond Foundry also announced the addition of twenty-eight new diamond shapes to their current selection of offerings. Amongst the new cuts, there is the beautiful Keystone with clean lines and oversized proportions borrowed from a tapered baguette. Another truly unique new shape available in the new selection is the Sheild which perfectly embodies the physical properties that diamonds hold:  strength, luster, durability, and light.
Evolved from the Round Brilliant, the Regulus cut also features a total of 105 facets compared to the traditional 57 resulting in a stunning round that beams with fire, Diamond Foundry said.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished, Brussels