“The industry is under some pressure, and as we all know, diamonds are formed under great pressure!”, says Dr Martin Leake

A veteran in the field of precious stones, Dr Martin Leake a doctorate geologist had worked for 22 years with BHP Billiton; and also set up a world-class marketing unit for Grib Diamonds in Antwerp. Later, as an Independent Consultant, Dr Martin Leake...

09 september 2019

Recovery of diamond industry within a year if end-consumer demand holds – Zimnisky

An independent diamond industry analyst and consultant said the natural diamond industry will be in a better position within a year time if end-consumer demand holds. Paul Zimnisky, CFA told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

02 september 2019

Working according to one’s weaknesses and strengths

Canon Jhaveri grew up watching his diamond-dealer father and uncle working with diamonds. The sparkles of the diamonds fascinated the young boy, who became more intrigued every time he visited his father’s office. After graduating in 2002, Canon Jhaveri...

26 august 2019

The diamond business is yet bright and has a good future in the coming days

Hitesh Patel, Managing Director of Dharmanandan Diamonds Pvt. Ltd., joined the family business in 1997 to help his father Laljibhai Patel, the founder of Dharmanandan Diamonds Pvt. Ltd. Egged on by its success, Hitesh set up the overseas presence of...

19 august 2019

The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 2019

Scientists invented a new tool to persuade consumers to buy more diamonds

21 may 2019

Scientists from Octonus and cutwise.com have presented a Cutwise platform - a tool to present diamonds effectively, which is meant to create repeat sales among consumers, says IDEX Online.  

Image credit: Octonus.com 

According to the report, retailers will be able to design a virtual representation of their diamonds online to help consumers appreciate optical performance of the goods and create another unique experience from buying a diamond. 
The platform provides buyers with a leading edge global search, presentation and comparison mechanism. The system helps buyers appreciate the uniqueness of Hi-Vi diamonds, which possess superior qualities such as brilliancy, fire, table colour symmetry, spread etc. 
Dr. Olga Okhrimenko of cutwise.com and Roman Serov of Octonus (Finland, Russia) came up with the idea of developing the new visual tool after addressing the question of how to make consumers buy diamonds over and over again. 

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg