Sarine's "Birth Certificates" Track Lucara Diamonds from Mine to Store

By John Jeffay / June 28, 2020 / www.idexonline.com / Article Link

(IDEX Online) - Tech firm Sarine is to provide "birth certificates" which track the provenance of rough stones being sold by Lucara.The online document, which includes scanned 3D model data, will follow the individual diamond through the cutting and polishing process, and ultimately to the consumer via its Sarine Diamond Journey software.Israel-based Sarine is building on an 18-month partnership with Lucara, which operates the Karowe mine, in Botswana.It provides inclusion mapping for all rough listed on Lucara's online sales platform Clara, creating a digital fingerprint of each diamond's attributes, including its size, color and quality.Eira Thomas, CEO of Lucara, said: "Clara is delighted to expand its partnership with Sarine, creating an opportunity to extend the all-important provenance tracking record further into the supply chain, as issues of responsible and sustainable sourcing are key to consumer confidence in our industry today."David Block, CEO of Sarine, said: "We are excited to have another producer opt into our unique provenance initiative, as it broadens our connection with the upstream mining and producing segment of the diamond industry value chain, and provides consumers with verifiable sourcing data generated, again, with nearly no additional cost or overhead to the industry players."

Recent News

Gold stocks gain even as metal price pulls back

April 29, 2024 / www.canadianminingreport.com

Copper price forecast swinging significantly on shifting outlook

April 29, 2024 / www.canadianminingreport.com

Upgrades continue for 2024 gold price target...

April 22, 2024 / www.canadianminingreport.com

Gold stocks edge up as weak equities offset metal rise

April 22, 2024 / www.canadianminingreport.com

Major investment banks make major gold price upgrades

April 15, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok