Synova Launches Automated Diamond Cutter

Synova

A technology provider part-owned by De Beers has unveiled an automated cutting machine that, it claims, will significantly speed up diamond manufacturing and reduce costs. Synova’s DaVinci system is the market’s first automated instrument that can produce all 57 facets of a round brilliant diamond in one process, the Swiss company said Thursday. The user … Read more

Alrosa Board Approves Kristall Takeover

Alrosa Kristall polished diamonds

Alrosa is set to finalize its acquisition of diamond manufacturer Kristall in a $29 million deal in October, following approval from its supervisory board. Alrosa expects the RUB 1.89 billion sale-and-purchase agreement to be signed by the end of the month, with a concrete plan for the manufacturer’s integration into the company to be in … Read more

Strange New Mineral Discovered Trapped Inside A Diamond

Diamond inclusion

You’ve heard the slogan, “Diamonds are forever” and while that’s meant to be marketed toward the jewelry customers, it also excites scientists studying diamonds. This is because unlike when you’re shopping for an engagement ring, imperfections in the diamond are of great interest to scientists. Through analysis of a single tiny grain imperfection within a … Read more

Hong Kong Show Reflects Slow Chinese Demand

HK show Sept 2019

The timing of the September Hong Kong Jewellery & Gem Fair was unfortunate, coming amid a wave of anti-government demonstrations in the city. But for many participants, the political tensions were masking the bigger issue: Chinese demand has slowed, compounding the wider problems in the diamond industry. “The protests are an excuse [for not attending], … Read more