In Sotheby's single-lot live auction in Hong Kong, the pear-shaped, 101.38-carat, D-color diamond known as "The Key 10138" sold for US$12.3 million. The sale marks an industry-wide breakthrough, making the price achieved for this diamond the highest for any jewelry or gemstone purchased with cryptocurrency. The buyer was a private collector.
Opsydia, a UK-based diamond security innovator, announced former De Beers Group Senior Executive, Jonathan Kendall, would join their non-executive Board of Directors, starting immediately. The company, known for its sub-surface laser technology, can create nano-scale identifiers requiring a 100x microscope to be legible.
Consumers don’t like feeling rushed when making luxury purchases, and brands like Breitling have found a suitable solution. #BreitlingSelect allows subscribers to try up to three Breitling watches in a year from a dedicated portfolio of timepieces. Part of the offer is that the subscribers will then be able to purchase one of the three watches at a special price.
Belgian-based company Almax easyLab, a company specialized in producing super precise polished diamonds for high-tech scientific applications, is playing an instrumental role in the recent NASA mission to Mars. They have polished the natural diamond, sourced via Antwerp, the world’s leading diamond hub, that is used in a spectroscope, a device that enables the search of signs of life on Mars, on board of NASA’s Mars-Rover robot Perseverance.
Opsydia, a UK-based diamond security innovator, announced its sub-surface laser technology can create nano-scale identifiers requiring a 100x microscope to be read. This breakthrough would make it possible for internally flawless natural diamonds to have a logo, serial number, or encrypted code placed beneath its surface without affecting its clarity grade.
UNI Diamonds, the fintech company today announced the release of a free Diamond Price Calculator app, calculating what the company says "real time estimate prices for natural polished diamonds", underpinned by Artificial Intelligence (AI) algorithms and UNI Diamonds' trading platform data on sales and acutal diamond prices. . According to UNI Diamonds CEO, Mahiar Borhanjoo, "the industry has relied on complicated price lists that are only updated periodically and are based on data sources that are opaque.
International rough diamond brokerage and marketing service provider I. Hennig today announced the launch of its innovative state-of-the-art online rough trading platform: “Virtual Broker”. Virtual Broker (VB) provides a secure environment for rough diamond trading where sellers and buyers negotiate online directly between themselves on a wide range of goods.
Diversified mining conglomerate Rio Tinto will expand its fleet of autonomous haul trucks at its world-class iron ore operations in the Pilbara by more than 50 percent by 2019 after signing agreements with leading manufacturers Caterpillar Inc. and Komatsu Ltd. to convert traditional trucks to autonomous vehicles, the company announced today. A total of 29 Komatsu haul trucks will be retrofitted with Autonomous Haulage System (AHS) technology starting next year.
The University of Antwerp and the Antwerp World Diamond Centre, together with the Belgian Federation of Diamond Bourses and the Syndicate of the Belgian Diamond Industry (SBD) this morning kicked off a two-week summer school program - "From Mine to Finger: A deep dive into the world of Diamonds".
Innovation is the key to sustained success, even for a traditional industry such as the diamond trade. Successful innovation, however, starts with questioning what we do and why we are doing it.