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

Continue Reading
Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Downsizing? Wilkerson Is Here to Help

Orin Mazzoni, Jr., the owner of Orin Jewelers in Garden City and Northville, Michigan, decided it was time to downsize. With two locations and an eye on the future, Mazzoni asked Wilkerson to take the lead on closing the Garden City store. Mazzoni met Wilkerson’s Rick Hayes some years back, he says, and once he made up his mind to consolidate, he and Hayes “set up a timeline” for the sale. Despite the pandemic, Mazzoni says the everything went smoothly. “Many days, we had lines of people waiting to get in,” he says, adding that Wilkerson’s professionalism made it all worthwhile. “Whenever you do an event like this, you think, ‘I’ve been doing this my whole life. Do I really need to pay someone to do it for me?’ But then I realized, these guys are the pros and we need to move forward with them.”

Promoted Headlines

Most Popular