Diamonds: A cocktail of optimism, pessimism in the midst of Covid-19 pandemic

Rough & Polished’s Mathew Nyaungwa recently attended a webinar organised by CIBJO Communications to examine consumer demand at the time of the Covid-19 pandemic, importance of data, financial models and lab grown diamonds. The webinar, chaired by Edward...

10 august 2020

How Russkiye Samotsvety is coping with the current downturn

One of the key issues facing most Russian companies today is the need for an objective assessment of the new consumption decline due to the quarantine, as well as making forecasts for a way out of it. According to a RBC-Petersburg’s study made in June...

03 august 2020

Global rough diamond sales down 80-90% in value in Q2 –Zimnisky

The COVID-19 pandemic, which is spreading across the globe, having originated from China’s Wuhan has left diamond traders and buyers at sixes and sevens. Traditional diamond tenders were cancelled around March as governments imposed travel restrictions...

27 july 2020

Indian diamond and polishing industry requires forward integration - Dinesh Navadiya

Dinesh Navadiya is now the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India for the 3rd term. He is also the Director on the Board of the Gem & Jewellery Skill Council of India (GJSCI)...

20 july 2020

GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

Lucara’s Clara expands collaboration with Sarine to extend provenance traceability

29 june 2020
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Image credit: Clara Diamond Solutions Corporation 

Lucara Diamond’s Clara Diamond Solutions Corporation has expanded its collaboration with Sarine Technologies to extend provenance traceability of its diamonds.
Lucara said through a proprietary interface, Clara's platform will now provide the diamond’s source mine information and scanned 3D model data generated during its internal processing, for storage in the Sarine Diamond JourneyTM cloud-based repository. 
“Clara is delighted to expand its partnership with Sarine, creating an opportunity to extend the all-important provenance tracking record further into the supply chain, as issues of responsible and sustainable sourcing are key to consumer confidence in our industry today,” said Lucara chief executive Eira Thomas.
“The data generated by Sarine’s Galaxy® and Advisor® technologies already on Clara’s digital platform will now be seamlessly integrated with the Sarine Diamond JourneyTM to facilitate a definitive proof of the stone's initial source, adding value throughout the diamond pipeline.”
Clara is a digital, web based rough diamond sales platform, while Sarine is a worldwide leader in the development, manufacture and sale of precision technology products for the evaluation, planning, processing, finishing and trading of diamonds and gems.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished