Connect with us

Headlines

Diamond Producers Challenged to Not Break Their Biggest Finds

mm

Published

on

They hope new technologies can solve an old problem.

Mining companies have long struggled with the challenge of not shattering their biggest diamond finds, as Bloomberg explains, and now they’re looking to new technology to reduce breakage. The article explains how London-based Gem Diamonds recovered a dozen diamonds larger than 100 carats last year, but still broke off chunks of all its biggest gems. Now the company is considering whether to introduce new scanning technology in hopes of minimizing the risk of breakage.

“We’ve made important inroads, but we certainly haven’t solved the problem because we’re still using the same basic technology,” Clifford Elphick, CEO of Gem Diamonds, told the financial news outlet. “What will solve this is a massive technical breakthrough. That is the holy grail for us.”

Read more at Bloomberg

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Wilkerson: “They Feel Like Family”

Newton’s Jewelers in Fort Smith, Ark., was a true institution. But after being at the helm for most of his life, owner (and descendent of the original founder) Kelly Newton decided it was time to retire. He chose Wilkerson to handle the sale. “I’ve known the owners of Wilkerson for a long, long time. I felt at home with them,” he says. The final retirement sale was just a “blast” and the Wilkerson sales team made it so very simple and straightforward, says Newton. Would he recommend Wilkerson to others? Absolutely. “They’ve done incredible work,” says Newton. “They feel like family.”

Promoted Headlines

Most Popular