Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

How big should be a diamond which makes women happier

23 march 2012

Researchers led by Christopher Hsee from the University of Chicago conducted a survey of 136 students of one of the big universities in the coastal part of East China with a view to establish which size of diamonds delivers them the greatest joy, according to the Belgian Express Magazine.
The participants in the study were divided into two groups: one included girls from wealthy families while the other girls from families with low incomes. All of them were united in pairs.
The second group of participants was shown two diamonds - one had 3.0 mm in diameter, the second - 4.4 mm. Not knowing their size, the students were asked to give an emotional assessment of jewels after their inspection.
The students were asked if they could wear a ring with a diamond of this size, expressing their feelings on an 18-point scale graded from "very dissatisfied" to "very happy".
In turn, the research group involving the children of wealthy parents was invited to evaluate in a similar manner diamonds of 5.8 mm and 7.2 mm in size.
According to the results of the study, in both of the two groups the greatest degree of happiness was expressed with regard to the largest stones. The group of rich students given a 7.2 mm diamond had the same degree of happiness as the girls who got the 4.4 mm stone.
The researchers concluded that for women it was not the absolute size of a diamond which was important, but its size compared to other diamonds.
 
Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished