The Company has a factory in Mumbai with technology and machinery to process its rough diamonds. The factory cuts and polishes with machinery, such as Sarin Technology, Auto Bruting Machines ...
About 46% of rough diamonds are for industrial purposes, while 19% are used as gem-quality polished mineral stones. At the close of 2019, diamond stock prices were at the bottom with some diamond ...
Lab-grown diamonds are also being used for money laundering. Late last year, Indian and Hong Kong customs revealed a joint operation in which they discovered “cheap synthetic diamonds were being ...
These sightholders purchase rough diamonds at exclusive events ... sightholders are required to buy large quantities of diamonds at fixed prices, with no ability to choose the stones they receive.