Belgium Trade Cuts Diamond-Research Funding

The Antwerp World Diamond Centre (AWDC) will no longer provide financial backing to the city’s diamond-technology unit, citing difficult conditions in the local industry.

“As a result of the high cost of labor in our country, almost the entirety of our diamond manufacturing has relocated abroad,” AWDC spokeswoman Margaux Donckier said Friday.

The AWDC established the Scientific and Technical Research Center for Diamond (WTOCD) in 1977 to support the Belgian diamond-manufacturing sector. The venture was created to improve Antwerp’s competitive position in the global industry, and to develop and implement products for the trade.

“The market for these high-quality machines in Antwerp continues to shrink,” Donckier noted. “They are also too hi-tech, and too expensive, for the majority of polishing units in low-wage countries.”

Those factors have put WTOCD in a difficult situation, Donckier explained. AWDC tried to work with the research center on Fenix, a new, fully automated diamond-polishing process that it believed would offer a competitive edge to Antwerp’s diamond industry. However, the technology, which had been set to debut last September, is still not ready.

“The technology has the potential to spark a revolution in diamond polishing, but at this point we recognize that additional investments are needed to ready the product for the market,” Donckier added, stressing that AWDC cannot afford to invest more given the state of the market.

During the course of its operations, WTOCD created synthetics-detection equipment, such as the M-Screen+ machine, which is sold by HRD Antwerp.

Source: DCLA

Belgium Trade Cuts Diamond-Research Funding

The Antwerp World Diamond Centre (AWDC) will no longer provide financial backing to the city’s diamond-technology unit, citing difficult conditions in the local industry.

“As a result of the high cost of labor in our country, almost the entirety of our diamond manufacturing has relocated abroad,” AWDC spokeswoman Margaux Donckier said Friday.

The AWDC established the Scientific and Technical Research Center for Diamond (WTOCD) in 1977 to support the Belgian diamond-manufacturing sector. The venture was created to improve Antwerp’s competitive position in the global industry, and to develop and implement products for the trade.

“The market for these high-quality machines in Antwerp continues to shrink,” Donckier noted. “They are also too hi-tech, and too expensive, for the majority of polishing units in low-wage countries.”

Those factors have put WTOCD in a difficult situation, Donckier explained. AWDC tried to work with the research center on Fenix, a new, fully automated diamond-polishing process that it believed would offer a competitive edge to Antwerp’s diamond industry. However, the technology, which had been set to debut last September, is still not ready.

“The technology has the potential to spark a revolution in diamond polishing, but at this point we recognize that additional investments are needed to ready the product for the market,” Donckier added, stressing that AWDC cannot afford to invest more given the state of the market.

During the course of its operations, WTOCD created synthetics-detection equipment, such as the M-Screen+ machine, which is sold by HRD Antwerp.

Source: DCLA

Lucara Names 1,758ct. Diamond ‘Rare Find’

Botswana’s largest rough diamond now has a name, following a public contest held by Lucara Diamond Corp.

The company chose to call the 1,758-carat stone Sewelô, which means “rare find” in the local Setswana language. It was the winning entry from more than 22,000 submissions.

“The largest diamond recovered in Botswana’s history was named by the people of Botswana this evening in a celebration of Botswana’s success,” Lucara CEO Eira Thomas said last week.

The miner has completed its analysis of the diamond — which it recovered in April from the Karowe mine’s high-value south lobe — and is considering its sale options, Thomas added.

Lucara announced the new name during a gala event, at which Botswana President Mokgweetsi Masisi was present.

Source: Diamonds.net

Lucara Names 1,758ct. Diamond ‘Rare Find’

Botswana’s largest rough diamond now has a name, following a public contest held by Lucara Diamond Corp.

The company chose to call the 1,758-carat stone Sewelô, which means “rare find” in the local Setswana language. It was the winning entry from more than 22,000 submissions.

“The largest diamond recovered in Botswana’s history was named by the people of Botswana this evening in a celebration of Botswana’s success,” Lucara CEO Eira Thomas said last week.

The miner has completed its analysis of the diamond — which it recovered in April from the Karowe mine’s high-value south lobe — and is considering its sale options, Thomas added.

Lucara announced the new name during a gala event, at which Botswana President Mokgweetsi Masisi was present.

Source: Diamonds.net

AGD finds exceptional 47.61 carat deep lemon yellow at Grib

AGD Diamonds, the firm that operates and owns the Grib diamond mine in northern Central Russia announced it has recovered a gem-quality, deep lemon yellow diamond, weighing 47.61 carats, on July 13, 2019.

The stone was found during the ore processing at Grib’s processing plant. In a news release in Russian, AGD said the diamond is of an extremely rare deep lemon hue and is classified as a “high end stone.” Experts noted its perfect octahedral shape and its high – flawless – clarity.

The company noted that the stone has been recovered undamaged thanks to the mine’s innovative, advanced mining technologies and processing by means of its XRT system.

Source: DCLA

AGD finds exceptional 47.61 carat deep lemon yellow at Grib

AGD Diamonds, the firm that operates and owns the Grib diamond mine in northern Central Russia announced it has recovered a gem-quality, deep lemon yellow diamond, weighing 47.61 carats, on July 13, 2019.

The stone was found during the ore processing at Grib’s processing plant. In a news release in Russian, AGD said the diamond is of an extremely rare deep lemon hue and is classified as a “high end stone.” Experts noted its perfect octahedral shape and its high – flawless – clarity.

The company noted that the stone has been recovered undamaged thanks to the mine’s innovative, advanced mining technologies and processing by means of its XRT system.

Source: DCLA

Gem Diamonds recovers 140ct. Rough

Gem Diamonds has recovered a white diamond weighing 140 carats, the second over 100 carats it has reported this year.

It found the high-quality stone on July 6 at its Letšeng mine in Lesotho, the company said Monday. In March, it found a 161-carat white diamond at the deposit.

The miner recently recovered two yellow diamonds from Letšeng weighing more than 100 carats. It retrieved a 134-carat stone in March, and another weighing 135-carats last month.

So far this year, Gem Diamonds has recovered four diamonds over 100 carats. In 2018, it unearthed a total of 15.

Source: DCLA