Our mission is to secure and efficiently manage a diamond supply chain with our clients’ needs in mind. This involves building lasting, reliable relationships and ensuring that both the quantity and quality of rough diamonds are of the highest standard. We provide purchase platforms for both rough-cut and polished stones worldwide, including publicly-owned enterprises, private businesses, and affluent clientele around the globe.
Our operations span multiple aspects of the value chain, from private sales and trade deals in Miami to tenders in Dubai. To reduce market saturation and maximize profits, we have expanded our reach into China, forging extensive partnerships with rough diamond suppliers from around the world who can supply rough stones for polished gems. By establishing these relationships, we can ensure that production remains optimized at every step of the process. To maximize sales and customer satisfaction, it is crucial to cultivate a portfolio of reliable suppliers capable of consistently delivering quality products in an ethical manner.
Polished diamonds are highly sought-after gems, expertly crafted into a variety of sizes and shapes. The global diamond polishing industry is dominated by India and China, two countries with generations of experience in this field. We also maintain excellent partnerships with Israel, particularly for demanding cuts such as Princess, marquise, or oval, which require the high-level skill and expertise for which Israeli specialists have been known for many decades.
Stages in Diamond Cutting
For those new to the industry and looking to learn, understanding the stages of diamond cutting is essential. Initially, diamond cutters examine the rough stone, both its internal and external structure, and determine how to retain as much carat weight and quality as possible from the rough. This process involves the expertise of gemologists and skilled cutters. Specialized software can also be used to evaluate several possible cuts, a practice that has become common in recent years.
The next step involves sawing the diamonds. While not all diamonds are sawed, some are conveyed directly to the polishing stage. Sawing can be done manually using a diamond saw or with lasers for supreme precision. Next, the diamond facets are shaped in several stages, with the first being [stage name]. The final step is soaking the diamond in acids. At each stage of the process, the diamond is inspected repeatedly to ensure the quality of the work, with the aim of retaining as much of the diamond’s weight as possible.
This is likely the primary reason why DMCC is one of the leading hubs for commodities. Dubai offers zero duty on imports and exports. This means that through us, as a registered entity following UAE and DMCC Law, suppliers can bring their products into the country, and buyers can purchase without the fear of exorbitant duties.
Dubai’s strategic location between Asia, Europe, and Africa, and its proximity to Asian giants like China and India, make it an advantageous location. Dubai boasts one of the world’s best infrastructural facilities, covering road networks, telecommunications, ports, and airports. With the World Expo 2020 just around the corner, Dubai is heavily investing in infrastructure. The Dubai Roads and Transport Authority (RTA) has announced plans to construct an underground railway system to connect the various pavilions at the expo site.
Dubai is one of the easiest first-world countries to enter. Given that the country derives a significant portion of its income from tourism, it tends not to impose stringent restrictions on business and leisure tourists. Dubai offers more reasonable regulations that can be met by any reasonable individual, in terms of bringing products into the country and adhering to customs regulations.
In regards to tenders, we have set tender platforms in the United Arab Emirates (Dubai) through the Dubai Multi Commodity Centre (DMCC), Miami (USA), and a working relationship with the Guangzhou Diamond Exchange. We sort out sort diamonds into parcels that are homogenous in terms of characteristics such as size, quality, and colour. We then invite buyers are invited to view the diamonds for sale and evaluate what they believe to be the appropriate price for each parcel. Rather than the producer determining the price of each assortment, here the buyer’s bid for individual parcels and the nature of such we sell to the highest bidder.
We also invite Producers to sell diamonds through the auction platform. Our auctions are similar to tenders, though the bidding process is more sophisticated. Diamond auctions work much like auctions for precious art or collectables, where interested buyers place incrementally higher bids until a single buyer remains a quite normal feat in this regard. We also facilitate private sales. From the buyers’ perspective the means that we are getting specifics of what’s needed and examining available lots for the specific purchase and provide accordingly. From the seller’s perspective, this entails that we are given a lot/stone and offering it to some of our reputable buyers thus completing the transaction in the usual manner.