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They have the ability to purchase large amounts of rough and have wholesale and retail distribution networks in place to facilitate the sale of loose tanzanite and finished jewellery. In August 2013 TanzaniteOne [4] announced they had opened an online boutique, www.tananiteoneonline, which sold tanzanite gemstones and tanzanite set gold ...
Using these methods, Gemesis produced high-quality colorless and fancy color diamonds that were offered for sale at 20–30% lower prices than mined natural diamonds of similar quality (and, from some suppliers, lower prices than that). [6] By about 2010, Gemesis was the principal producer of gem quality lab created diamonds and jewelry.
Diamonds, because of their hardness, are one of the few gemstones that have a recycled market. Recycled diamonds are diamonds that have been polished and set into jewelry, then removed and possibly re-cut before sale back into the diamond industry. This sector accounts for 5%–10% of market supply. [25]
In the wholesale trade of gem diamonds, carat is often used in denominating lots of diamonds for sale. For example, a buyer may place an order for 100 carats (20 g) of 0.5-carat (100 mg), D–F, VS2-SI1, excellent cut diamonds, indicating a wish to purchase 200 diamonds (100 carats (20 g) total mass) of those approximate characteristics.
It is now the world's leader in this kind of auction sale. De Beers employs more than 30,000 people around the globe on five continents, with more than 17,000 employees in Africa. Almost 8,000 people are employed in Botswana, around 6,200 in South Africa, nearly 2,900 in Namibia, some 1,260 in Canada and about 320 in exploration.
The extreme hardness and high value of diamond means that gems are typically polished slowly, using painstaking traditional techniques and greater attention to detail than is the case with most other gemstones; [30] these tend to result in extremely flat, highly polished facets with exceptionally sharp facet edges. Diamonds also possess an ...
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