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Starting in Q4, the lab will use the same color and clarity terms as it does for natural diamonds.
The deal includes 73 sapphire mining leases in Central Queensland.
It’s the largest natural color diamond the miner has found in Russia.
The diamond miner has inked a partnership with Antwerp-based cutter HB Group to buy all its diamonds weighing more than 10.8 carats for the rest of 2020.
The first guests are Stuller executives.
In a letter sent out Thursday, WFDB’s Yoram Dvash wrote there are multiple reasons to be optimistic about the state of the diamond industry.
The system is currently being tested in New York and Carlsbad, with an industry-wide rollout expected next year.
It will use the same color and clarity grading scales that are used for natural diamonds but add a special designation.
National Jeweler

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