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Jewellery World Magazine - June 2022

This month's issue glitters with coloured diamonds and examines the ever-growing role of technology in jewellery design and production.

This month's issue glitters with coloured diamonds and examines the ever-growing role of technology in jewellery design and production.

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JUNE <strong>2022</strong><br />

AUSTRALIA AND NEW<br />

ZEALAND’S PROFESSIONAL JEWELLERY MAGAZINE<br />

Pindan Dreaming<br />

DESERTRose<br />

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Concept to Creation<br />

YOUR JEWELLERY DESIGN BROUGHT TO LIFE<br />

1300 886 108 | AUSTRALIA WIDE<br />

palloys.com


Affection Diamonds<br />

Suite 504, Level -5 250 Pitt Street Sydney NSW -2000<br />

Call Us: 02 9264 2211 | Mobile: 0400 60 70 70<br />

Email: affectiondiamonds@gmail.com<br />

www.affectiondiamonds.com.au<br />

YOUR ONE STOP SHOP FOR DIAMONDS<br />

Buy Diamonds With Confidence * Diamond & <strong>Jewellery</strong><br />

Wholesaler * Gemstones & Labgrown Diamonds are<br />

Available on Order *<br />

Gia Certified Diamonds | Argyle Pinks | Natural Fancy Colour<br />

Diamonds | Calibrated Small Diamonds | Old Cut, Single Cut &<br />

Rose Cut Diamonds | Matching Pairs | Black & Salt & Pepper<br />

Diamonds | Treated Colour Diamonds<br />

Follow us on :


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<strong>Jewellery</strong> <strong>World</strong> <strong>Magazine</strong><br />

ABN: 82 637 204 454<br />

ISSN: 2207-6751<br />

PO Box 54, Camden NSW 2570<br />

P: 0431 844 903<br />

Subscription: www.jewelleryworld.net.au<br />

Enquiries: info@jewelleryworld.net.au<br />

Web: www.jewelleryworld.net.au<br />

managing director<br />

Jeremy Keight 0431 844 903<br />

jeremy@jewelleryworld.net.au<br />

editor<br />

editor@jewelleryworld.net.au<br />

contributing writers<br />

Kirsten Ehrlich Davies<br />

Stefan Juengling<br />

Cynthia Unninayer<br />

Cheryl D Harty<br />

art<br />

design@jewelleryworld.net.au<br />

advertising sales<br />

sales@jewelleryworld.net.au<br />

REGULARS<br />

6 News<br />

12 Palloy's Points<br />

14 Trade Well with Rami Baron<br />

16 JAA News<br />

42 Birthstone - Ruby<br />

44 Lab-grown Diamond News<br />

48 New Products<br />

50 Directory<br />

FEATURES<br />

20 Intense and rare<br />

Coloured diamonds rising in appeal amid<br />

a world shifting between sanctions and laboratories.<br />

28 More science than art<br />

Inside the Australian jewellery techspace.<br />

20<br />

34 My life in jewellery<br />

Award-winning designer Leone Meatchem shares<br />

her story of her life in the jewellery industry.<br />

DISCLAIMER:<br />

38 Profile: Smales Jewellers<br />

Tony Smales seen coloured diamonds<br />

gaining ground as milestone gifts.<br />

This publication may not be reproduced<br />

in whole or part without the written<br />

permission of the Publisher.<br />

AUSTRALIA AND NEW<br />

JUNE <strong>2022</strong><br />

ZEALAND’S PROFESSIONAL JEWELLERY MAGAZINE<br />

Articles express the opinions of the<br />

authors and are not necessarily those of the<br />

Publisher or Editor. Mention of a product or<br />

service in this magazine does not indicate the<br />

Publisher’s endorsement.<br />

The Publisher excludes all liability for<br />

loss resulting from any inaccuracies or false<br />

or misleading statements that may appear<br />

in this publication.<br />

All information is copyright.<br />

Pindan Dreaming<br />

DESERTRose<br />

FRONT COVER<br />

Desert Rose<br />

Ellendale Diamonds Australia<br />

4<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


All Silver is Rhodium Plated<br />

All Silver is Rhodium Plated<br />

• Sydney AGHA Gift Fair - February 21-24, 2020 (Homebush)<br />

• International • Sydney AGHA <strong>Jewellery</strong> Gift Fair -September - February 21-24, 12-14, 2020 (Homebush)<br />

(Darling Harbour)<br />

• International <strong>Jewellery</strong> Fair -September 12-14, 2020 (Darling Harbour)<br />

TJDSILVER.COM.AU 0400272365 ADMIN@TJDSILVER.COM.AU<br />

TJDSILVER.COM.AU 0400272365 ADMIN@TJDSILVER.COM.AU


News<br />

Queen Elizabeth II Platinum<br />

Jubilee Crown<br />

Royal Canadian Mint releases limited edition coins<br />

with Argyle pink diamonds<br />

The Royal Canadian Mint has released an exclusive range of coins featuring some<br />

of the world’s rarest precious stones: pink diamonds from the famed<br />

A jewelled “Commonwealth of Nations” globe has<br />

been created to commemorate the Queen’s Platinum<br />

Jubilee. The globe features platinum, diamond, gold<br />

and silver elements, representing the Queen’s four<br />

jubilees, along with stones collected from YrWyddfa/<br />

Snowdon in Wales, Ben Nevis in Scotland, Slieve<br />

Donard in Northern Ireland and Scafell Pike in England.<br />

Argyle mine. The jewels are the crowning element in a collection of pure gold<br />

and platinum coins that truly redefine rare. This new collection – the Opulence<br />

Collection – is headlined by the one-of-a-kind Ultimate, a<br />

one-kilo pure platinum pink diamond coin, which was unveiled at the Ottawa Art<br />

Gallery in Canada.<br />

“The Royal Canadian Mint’s reputation for crafting<br />

coins of exceptional sophistication and artistry<br />

is known to collectors around the world,”<br />

Marie Lemay, President and CEO of the<br />

Royal Canadian Mint.<br />

To premiere the exclusive collection, the<br />

Mint has partnered with Heffel Fine Art<br />

Auction House to sell The Ultimate, the<br />

collection’s most prestigious showpiece.<br />

The Opulence Collection, featuring<br />

pink diamond coins in its inaugural year,<br />

is the result of an exciting collaboration<br />

with the Royal Canadian Mint and Crossworks<br />

Manufacturing, a Canadian company and Authorised<br />

Partner of Argyle Pink Diamonds.<br />

With Rio Tinto’s Argyle mine closing in 2020, the pink diamonds adorning the<br />

pure gold and platinum coins are among the rarest in the world, making the<br />

pieces truly unique.<br />

Released in very low mintages, the Pink Diamond coins consist of:<br />

The Ultimate: One-kilo $2,500 99.95% Pure Platinum Coin - <strong>World</strong>wide mintage<br />

of one<br />

Splendour: 10 oz. $1,250 99.95% Pure Platinum Coin - <strong>World</strong>wide mintage of five<br />

Grandeur: 2 oz. $350 99.95% Pure Platinum Coin - <strong>World</strong>wide mintage of 30<br />

Treasure: 1 oz. $200 Pure Gold Coin – <strong>World</strong>wide mintage of 400<br />

Mounted on a silver crown which rests on a blue and<br />

gold cushion, the globe was unveiled at the Tower of<br />

London, where it remained on display until featuring<br />

in the lighting of the Principal Beacon at Buckingham<br />

Palace on <strong>June</strong> 2.<br />

The Queen’s pageant master Bruno Peek, who<br />

designed the globe, said that he wanted it to serve<br />

as a tribute to the Queen’s 70 years as head of the 54<br />

Commonwealth nations.<br />

"It's a unique piece of art made by British craftsmen<br />

for a unique Queen, made through a lot of love,<br />

dedication and skill," Mr Peek said.<br />

Indian farmer strikes it rich<br />

A farmer in India has become an overnight millionaire<br />

(in rupees) after stumbling upon a 11.88 carat<br />

diamond at the country’s leading mine.<br />

Pratap Singh Yadav, 58, found the stone while mining<br />

in the Madhya Pradesh region in May. The stone is the<br />

one of the largest found in the area and is worth about<br />

seven million rupees (around AUD $120,000.)<br />

Yadav, an impoverished farmer, had taken a shallow<br />

mine on lease for three months and worked day and<br />

night to try his luck.<br />

“I had never seen a diamond before,” he said.<br />

6<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


We know<br />

Brilliance<br />

LOOSE DIAMONDS<br />

DIAMOND & COLOURED<br />

STONE ENGAGEMENT RINGS<br />

COLOURED GEMSTONES<br />

WEDDING & DRESS RINGS<br />

CAD DESIGN<br />

Get to know us too


News<br />

De Beers Blue breaks records<br />

The Rock and The Red Cross<br />

The latest Geneva auction featured two spectacular diamonds, The Rock and<br />

The Red Cross, which are some of the largest ever seen in auction market<br />

history.<br />

The egg sized white diamond known as The Rock, has sold for more than 21.6<br />

million Swiss francs (AU$31.5 million). With a gross weight of 61.3 grams and<br />

dimensions of 5.4 centimetres by 3.1 centimetres, the 228-carat pear-shaped<br />

G-colour stone is roughly the size and shape of a hen’s egg.<br />

The Red Cross, a fancy intense<br />

yellow, cushion shaped 205.07<br />

carat diamond, sold for nearly 14.2<br />

million francs (AUD$20.7 million)<br />

to an anonymous buyer, who paid<br />

double the pre-sale estimate.<br />

According to Max Fawcett, head<br />

of jewellery at Christie’s Geneva,<br />

an unspecified seven-figure amount from the sale of the yellow diamond was<br />

donated to the international Red Cross Movement.<br />

24-carat pasties at the Billboards<br />

The dress theme for the <strong>2022</strong> Billboard Music Awards<br />

seemed to be “plenty of flesh” but R&B artist Doja Catt<br />

managed to balance her bare skin with some unique and<br />

surreal jewellery into the look.<br />

Catt, who won two awards that night, wore a pair of<br />

enormous jeweled Schiaparelli earrings, along with gold<br />

nail rings on her fingertips. One nail ring was connected to<br />

a gold leaf bag, shaped like a planet, as a nod to her recent<br />

album Planet Her.<br />

She also added some 24-carat modesty to her look, by<br />

wearing gold Agent Provocateur nipple pasties under the<br />

sheer bandeau fitted under her sculpted black gown.<br />

The “De Beers Cullinan Blue” diamond achieved a<br />

record-breaking price of US$57.47 million at Sotheby’s<br />

Hong Kong auction last month, far above the pre-auction<br />

estimate of $48 million.<br />

The internally flawless step-cut fancy vivid blue diamond<br />

weighting 15.10 carats was cut from a Type IIb 39.34 carat<br />

rough stone unearthed by Petra Mines at the Cullinan<br />

mine in April 2021. Of the five blue diamonds weighing<br />

over 10 carats that have ever gone to auction, this is the<br />

first to exceed 15 carats.<br />

Popular American brands turn to<br />

lab-grown diamonds<br />

Popular American jewellery brand Kendra Scott has<br />

expanded its jewellery range into lab-grown diamond<br />

engagement rings. The Texan-based brand includes a<br />

customisation system that<br />

allows customers to select<br />

the band material, setting and<br />

diamond sizes. Since launching<br />

its fine jewellery range in 2016,<br />

the brand has extended to 20<br />

retail stores in America and a<br />

strong online presence.<br />

Christopher Slowinski,<br />

the designer behind New<br />

York-based Christopher Designs, is best known for his<br />

proprietary Crisscut diamond cut — which he has now<br />

applied to lab-grown diamonds across his range.<br />

8<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


LET'S TALK<br />

WEBINAR SERIES<br />

N e x t G e n A r t i s a n s<br />

7pm AEST<br />

Tuesday | July<br />

5<br />

Both socially and environmentally aware, the next generation of jewellers, designers, traders and<br />

everything in between are responsible sources. They are focused, forward thinking in their<br />

approach to business and clients. Brand focused, technology and social media savvy, this new<br />

generation of the jewellery industry are cutting edge and Avant-garde. Join us as we hear from the<br />

risk takers, creative and expansive minded individuals that are not afraid to change the dynamics.<br />

We welcome all members of the trade, young and old, to join us.<br />

REGISTER TODAY | JAA.COM.AU/TALK<br />

Proudly brought to you by the Jewellers Association of Australia


News<br />

Popcorn diamond for popping the<br />

question<br />

Luxury jewellery designer Stephanie Gottlieb has<br />

created a range of unusual diamond shapes for<br />

clients over the years – from dogs to horses. So<br />

when popcorn brand Angie’s Boomchickapop<br />

asked her to create a popcorn-shaped diamond<br />

ring, she naturally said Yes!<br />

Museum could violate sanctions if it returns a Fabergé egg<br />

Britain’s Victoria and Albert Museum (V&A) is currently in possession of a Fabergé Egg<br />

which was loaned to it for an exhibition. Russian oligarch Viktor Vekselberg acquired the<br />

bejewelled egg some time ago but has passed the ownership on to a company in Panama.<br />

But the museum has been cautioned by experts that it could violate government sanctions<br />

against Russia if it gave the egg back.<br />

Tom Keatinge, Director of Centre for Financial Crime and Security Studies at defence and<br />

security thinktank RUSI, said that as Vekselberg had personally been sanctioned and the<br />

egg is a financial asset, the conditions of the sanction are fairly clear. “If you break it down,<br />

whether it’s an egg or a yacht or a house, it can be an asset of a sanctioned person. Be it a<br />

port, estate agent or museum, [everyone has] the same obligations,” he said.<br />

According to the<br />

designer, she started<br />

with an 11-carat<br />

yellow diamond – to<br />

match the light,<br />

buttery colour<br />

people associate<br />

with popcorn. Then she worked with diamond<br />

cutters in Israel to facet and finish the diamond<br />

to its final shape, a 3.66-carat popcorn-shaped<br />

sparkler.<br />

The stone is set in a simple rounded gold band so<br />

the focus is on the uniquely-shaped diamond. The<br />

Angie’s Boomchickapop popcorn diamond ring<br />

is available on Stephanie Gottlieb’s website for a<br />

limited time, with a retail price starting from USD<br />

$50,000.<br />

The egg is made of solid gold and enamel,<br />

and stands just over two inches tall. Its two<br />

halves can be opened to reveal a golden<br />

yolk. Inside the golden yolk is a golden hen<br />

with ruby eyes. The egg was the first in a<br />

series of more than 50 such jewelled eggs<br />

made under the supervision of Peter Carl<br />

Fabergé for the Russian Imperial family. It<br />

was delivered to Tsar Alexander III and given<br />

to his wife Maria Feodorovna in 1885. The<br />

tsarina enjoyed the egg so much that Alexander III quickly placed a standing order with Fabergé to<br />

create a new egg for his wife every Easter thereafter, requiring only that each egg be unique and<br />

that it contain some kind of surprise within it.<br />

UK sanctions against the oligarchs are set to remain in place until “the last Russian tank has left<br />

Ukraine,” according to Liz Truss, the UK Foreign Secretary. V&A may be holding the egg for a long<br />

time.<br />

Even if the museum decides to risk returning the egg to the Fabergé museum, it may run into<br />

further obstacles with transportation, as there are no direct flights from the UK<br />

to Russia.<br />

Vekselberg, an oil and gas tycoon with a fortune estimated at $18 billion, owns<br />

nine Fabergé eggs. He’s paid over $100 million for them since beginning his<br />

collection in 2004.<br />

10<br />

jewellery world - <strong>June</strong> <strong>2022</strong><br />

Vekselberg and other eggs in his basket.


New Premium Range - In Stock & Online Now<br />

We are delighted to present this small selection from our extensive new range of premium gemstones.<br />

MGX3092 : Morganite 11mm Round 5.30cts<br />

KLB3284 : Seafoam Aquamarine 14.8mm Square Emerald Cut 15.82cts<br />

SPINX3444 : Grey Spinel 11.5x7.7mm Pear 2.95cts<br />

KX3096 : Purple Sapphire 8.8x6.6mm Oval 2.08cts<br />

GSX3007 : Spessartite “Fanta” Garnet 6.2x4.85mm Oval 1.19cts<br />

TUX3246 : Blue Green Tourmaline 23.5x18.8mm Fancy Emereld Cut 12.67cts<br />

TUX3273 : Watermelon Tourmaline 15x5.1mm Baguette 3.31cts<br />

SPAX3697 : Teal Green Sapphire 7.2x7mm Square Cushion 2.22cts<br />

SPINX3229 : Orange-Red Spinel 8.3mm Round 2.79cts


PALLOYS POINTS<br />

Dean Li<br />

Production lead, Print<br />

Palloys<br />

CAM AND 3D PRINTING<br />

Palloys stands out in the jewellery industry for our ability to provide an end-to-end,<br />

streamlined and time-efficient jewellery manufacturing service. With our very own CAD,<br />

CAM, casting and finishing departments, we can take a client’s concept to real-life creation<br />

– but it is our CAM team and their services that elevate this ability to the next level.<br />

CAM, or Computer-Aided Manufacturing,<br />

is the process by which a CAD file,<br />

such as an STL file, is translated into<br />

a physical rendering of the design through<br />

3D-printing technology. This rendering can<br />

be done in resin or in wax and serves as an<br />

intermediary stage between a design and a<br />

cast object. It enables both parties to have<br />

a physical representation of what the design<br />

will look like once cast in precious metal.<br />

Our team receives these files from clients via<br />

our website-based uploader, email, and our<br />

dedicated plugin in Rhino, where the client can<br />

be quoted right in their software, and submit<br />

the job directly into our system, speeding up<br />

the administration function significantly.<br />

As the CAM team leader, my team ensures<br />

the highest quality from start to finish. With<br />

a refined, skilled<br />

team of CAM<br />

experts, the aim<br />

is to provide<br />

premium results.<br />

All digital files are<br />

filtered to ensure<br />

the file is printable<br />

and meets<br />

certain casting<br />

specifications<br />

before it is printed.<br />

These criteria<br />

are essential for<br />

successful printing,<br />

casting and thus ensuring client satisfaction –<br />

fortunately, our team is meticulous in making<br />

sure every file is printable, especially those<br />

supplied by the client. Printability of an STL<br />

file hinges on aspects such as wall thicknesses,<br />

depth of engravings, and cleaning up any<br />

‘floating’ or unattached components within<br />

the file. It is vital to have a team proficient<br />

in assessing printability; pieces that have<br />

engravings, our CAM team is careful to<br />

identify those engraving depths should not<br />

be greater than their width, to reduce the<br />

incidence of breakaways and therefore delays.<br />

Similarly, with components that are very<br />

fine are susceptible to issues such as infill<br />

and breakaways, therefore we ensure that<br />

all designs adhere to minimum thicknesses.<br />

Another measure Palloys’ CAM team take to<br />

reduce porosity and breakaways is to draw<br />

sprues close to the densest areas.<br />

Moreover, a consistent question the CAM<br />

team receives from clients is regarding resin<br />

and wax, and which of the two is ‘better’. The<br />

simple answer is: it depends on the design.<br />

Wax has the highest resolution, printing at<br />

12<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


only 16um, but the extrusion process in wax means that every surface in<br />

every direction has a slightly rough looking texture.The resin process allows<br />

for the part to aliased very well in the XY direction, and while technically a<br />

lower resolution, appears to be smoother, and is often mistaken for higher<br />

resolution.<br />

Resin is popular, as its surface can blend better than wax.However, resin in<br />

very large parts can leave more residue or ash during the casting process,<br />

and if it does not burn out, it can cause porosity. Thus, for larger parts,<br />

Palloys’ CAM team recommends wax, or where very high detail is required<br />

in items like signet rings – but for smaller, more ornate pieces, resin can be<br />

the better option.<br />

CAM functions have become more consumer friendly, with far better<br />

software and hardware solutions available to consumers, even castable<br />

resins becoming more accessible. This means we have seen some<br />

percentage of the CAM business now becoming customer supplied<br />

goods, however, the skill and experience required to perform the tasks of<br />

supporting goods and determining sprue placement to ensure good casting<br />

are not available in the consumer realm yet, with many of these clients<br />

reverting to using their equipment to prototype in durable and tough resins<br />

inhouse, but then still send us the product for production via our CAM<br />

team.We find these relationships to be the most successful as both teams<br />

understand the nature of the technology.<br />

This increased access and hobbyist use of CAM technology has allowed our<br />

clients to become more informed about the process, such as understanding<br />

acceptable file types and viable designs – we welcome all our clients to<br />

become more familiar with our equipment and technology, as when coupled<br />

with our professional equipment and expertise, the turnaround from a<br />

design to a finished piece is much quicker, resulting in a decreased chance of<br />

breakaways and porosity.<br />

We are a big advocate on quality assurance – we strive to provide our clients<br />

with the best casting quality and aim to deliver the products in the fastest<br />

time possible. With our top-of-the-line equipment, eco-friendlier resins and<br />

innovative team, we can be a support to anyone seeking professional CAM<br />

services irrespective of their experience.<br />

Swarovski names<br />

Bella Hadid as<br />

brand ambassador<br />

<strong>Jewellery</strong> house Swarovski have present their new<br />

collection with a campaign staring supermodel Bella<br />

Hadid. The new campaign celebrates the brand’s codes<br />

— bold colours and the octagon. It pays tribute to a new<br />

era and self-expression.<br />

“Bella Hadid sums up<br />

the individualistic and<br />

transformative attitude of<br />

a new global generation.<br />

She is a multifaceted<br />

character who evades<br />

the boxes of rules and<br />

conformity. She goes<br />

from sporty to glamorous<br />

while remaining the<br />

same girl – the same<br />

Bella – with confidence<br />

and authority. In that<br />

sense, she conveys the<br />

values of Swarovski to<br />

perfection. Today, crystals<br />

are a dynamic part of<br />

our everyday wardrobe:<br />

a way of accentuating<br />

your individual style in a<br />

way that can be as casual<br />

as it can be elaborate.<br />

Bella is the poster girl<br />

for this state of mind,”<br />

said Giovanna Engelbert,<br />

creative director of<br />

Swarovski.<br />

The 25-year-old catwalk<br />

star took to Instagram to<br />

share the news with her<br />

51.7 million followers,<br />

writing: “Extremely<br />

honoured and excited to<br />

be the new face of the<br />

iconic Swarovski.”<br />

<strong>June</strong> <strong>2022</strong> 13


DDCA NEWS<br />

Rami Baron<br />

President, Diamond Dealers Club of Australia<br />

rami@ddca.org.au<br />

TODAY IS GREAT,<br />

BUT ARE YOU PREPARED<br />

FOR TOMORROW?<br />

The number one reason small businesses in Australia fail today is<br />

financial mismanagement.<br />

Some of you will have this in the bag.<br />

Probably because somewhere down<br />

the road you made a bunch of mistakes,<br />

found yourself in a very tight situation and<br />

through a combination of luck, tightening the<br />

belt and stretching out suppliers (which acted<br />

like an unsecured bank), you survived and<br />

learnt some hard lessons.<br />

This article is for the rest of you who think you<br />

have it under control, and then suddenly it’s<br />

like, WTF! A couple of invoices you weren’t<br />

expecting come in and that customer who left<br />

a deposit is in no hurry to collect that big ring<br />

but the supplier is still expecting to get paid.<br />

A bill from home for a repair maintenance on<br />

your car, the final holiday payment, and the list<br />

is endless.<br />

Bottom line, sh!t happens.<br />

Let’s assume you’re on top of these things,<br />

but now you want to grow your business.<br />

Nothing major, only the space next door<br />

became vacant and will give you that extra<br />

room. You really want to invest in a laser<br />

machine, or you’ve met someone who would<br />

be an amazing addition to your team and<br />

give you the chance to focus on some new<br />

ideas. So much of what happens in a small<br />

business evolves due to circumstance and the<br />

entrepreneurial spirit. Everything inevitably<br />

costs money that you didn’t budget for. So, as<br />

they say in economics, you have to look at the<br />

“opportunity costs”, which are defined as what<br />

you spend your money on at the expense of<br />

something else.<br />

Ok, so what do you spend your money on?<br />

Wrong question. Have you prepared a budget?<br />

Have you looked at all of your expenses over<br />

the year and actually know how much money<br />

you need to generate each month? This,<br />

of course, should include paying yourself<br />

a decent wage, which is separate from the<br />

business making a profit.<br />

Your personal expenses and living expenses<br />

can’t be tied into the business. Pull them<br />

apart. There is you and the business; it is not<br />

one entity, even if you are a sole operator.<br />

Let’s assume you have a lot of these things<br />

covered. What percentage of profit do you<br />

need to leave in your business for expansion<br />

or, as we often say, “for a rainy day”? How<br />

much do you put aside for new projects?<br />

When I had a retail store many years ago,<br />

I would put half the profit from Christmas<br />

aside, which would be my seed capital for new<br />

ideas or expansion.<br />

14<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


Let’s go back a step. We start as a small business, but we all want to<br />

grow. So start to ask yourself how much money you would need to<br />

expand and what would that look like? Make some notes on your<br />

phone or in a notebook, and then meet with either someone more<br />

experienced in business or, best case scenario, book an hour with<br />

your accountant. If you don’t have one that you speak to three-to-four<br />

times a year, you are leaving yourself very exposed to mistakes and<br />

missing out on opportunities relating to what you might be able to<br />

claim before the end of the financial year.<br />

Successful businesses are rarely (if ever) the result of some brilliant<br />

idea. Success comes from how these ideas are executed and your<br />

ability to make decisions based on logic, not emotion. You need to<br />

crunch the numbers. Emotion is the passion and energy that drives<br />

you – don’t let it blind you. It is wonderful to be positive, and it’s a<br />

huge tool for getting through difficult situations.<br />

Let’s keep going.<br />

Do you have the people to bring the new idea to fruition? Do you<br />

have the time needed to solve the problems? How much planning<br />

did you do? And the three most important questions are what does<br />

success look like? How much money can you realistically invest into<br />

the new venture without putting pressure on your existing business? Is<br />

your decision based on a vision moving forward or because of fear of<br />

competition or missing out? This last one is very common in business.<br />

When people see their competition launching a new website, they get<br />

all antsy and FOMO kicks in.<br />

I could go on and on about things you could do, but let me end with a<br />

few pointers I learned along the way.<br />

1. Get a bookkeeper if you’re not good at organising bills and accounts.<br />

Prepare some simple budgets. You need to have a number as to how<br />

much you need to generate every week, month etc. If you’re short<br />

one month, you need to catch up the next.<br />

2. 5% of your turnover gets squirrelled away into a separate bank<br />

account for emergencies.<br />

3. Never make a decision based on fear. If you stick to making a good<br />

profit, then you will never be fearful of saying no to a customer who<br />

is either super difficult or just leaving you with little to no margin<br />

4. Ask your accountant what you should be paying yourself. Too many<br />

self-employed people work insane hours, subject themselves to<br />

huge stress levels and earn less than they would if they had a job.<br />

5. When you plan to grow your business, remember to write the plan<br />

down on paper so that you can reflect on it, fill in what you missed,<br />

estimate the costs, set a timeline, and then double it because that,<br />

my friends, is reality.<br />

Trade well,,, Rami Baron.


PRESIDENT'S<br />

MESSAGE<br />

Karen Denaro<br />

As we draw close to the end of the financial year, I reflect on the year we have left behind.<br />

Faced with numerous challenges,<br />

including two years in and out of<br />

lockdowns, amidst much uncertainty and<br />

an international crisis grossly impacting both<br />

our emotional and physical commodities,<br />

the Australian jewellery industry continues<br />

to strive ahead – we forge the future of our<br />

industry despite the evolving circumstances in<br />

how we network and serve our clients across<br />

our respective businesses.<br />

Amid all of this unexpected change comes an<br />

entirely new generation of jewellery artisans<br />

– one I am particularly proud of. The Jewellers<br />

Association of Australia highlights the new<br />

generation of Millennial and Gen Y jewellery<br />

industry experts, (in the making), in the<br />

JAA’s up and coming July webinar, Next Gen<br />

<strong>Jewellery</strong> Artisans.<br />

Socially and environmentally aware, the<br />

next or new generation of bespoke jewellery<br />

designers, fine jewellery manufacturers,<br />

gem and diamond traders, retailers, artisans,<br />

crafters, master jewellers and jewellery<br />

industry affiliates are responsible sources.<br />

They are focused and forward thinking in<br />

the way they approach their businesses and<br />

clients alike. Brand focused, technology and<br />

social media savvy, this new generation of the<br />

jewellery industry, currently taking all sectors<br />

of our industry by storm, are cutting edge<br />

and avant garde. They are risk takers, creative<br />

and expansive minded individuals who are<br />

not afraid to change the dynamics of how<br />

our industry operates and they are absolutely<br />

advantageous in their approach.<br />

What can we learn from them?<br />

The way we do business has transitioned to<br />

support contactless sales experiences and/or<br />

purchasing. This is an area that Millennials and<br />

Gen Y are particularly proficient in – having<br />

grown up in a world of social media and<br />

technological advancement, that generations<br />

before them never would ever have dreamt<br />

of, they understand the importance of<br />

connection and creating online presence.<br />

Their social pages and websites are often<br />

their showrooms, if not a preface to their<br />

showrooms, and they create ambience and<br />

engagement with every single post, like and<br />

comment. They understand the importance<br />

of diversification. They are nurturing of their<br />

audience – they know exactly who their client/<br />

audience is, what their client needs/wants<br />

and aim to deliver an overall experience that<br />

commences from the conception of their<br />

online presence right through to the delivery<br />

of their products/services. This generation<br />

aims to please and make no mistake, they<br />

know exactly how to deliver the goods.<br />

The JAA invites all sectors of the Australian<br />

jewellery industry to an evening dedicated<br />

to the future of our industry. Join us, 7pm<br />

Tuesday, 5 July, <strong>2022</strong> to hear this vivacious<br />

panel of new generation jewellery industry<br />

experts discuss what makes them tick, how<br />

they operate, how they market to Millennials<br />

and Gen Y clients, what we can learn from<br />

them and a myriad of other topics that are all<br />

Next Gen <strong>Jewellery</strong> related.<br />

The time is NOW.<br />

16<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


YOU ARE<br />

MY<br />

ROCK.<br />

Becoming a member of the Jewellers<br />

Association of Australia has a comprehensive<br />

range of benefits.<br />

We are here to help support, protect, guide<br />

and grow your business, whilst being a voice<br />

for the Australian <strong>Jewellery</strong> Industry.<br />

The <strong>2022</strong> Member Prospectus details the<br />

benefits available to members and we<br />

welcome you to contact us with any questions<br />

or feedback you may have about the JAA.<br />

INSPIRING CONFIDENCE. SINCE 1931.<br />

view the<br />

MEMBER<br />

BENEFITS<br />

jaa.com.au/benefits


RUSSIAN DIAMONDS VERSUS THE WORLD<br />

The war in Ukraine has shut down a third of the world’s natural diamond industry. What has<br />

been happening with Russian diamonds since the February invasion?<br />

Ukraine wants Russian diamonds<br />

labelled ‘conflict’<br />

The State Gemmological Centre of Ukraine<br />

wrote to the chair of the Kimberley Process<br />

(KP) in late May asking that it redefine conflict<br />

diamonds in a way that would label Russian<br />

diamonds as such.<br />

The current definition of conflict diamonds<br />

includes diamonds “where violence is used”<br />

in their mining and excavation. The Ukraine<br />

petition asks that the definition be extended<br />

to include “even if they are not associated<br />

with any rebel movement, but there are<br />

armed conflicts in violation of international<br />

humanitarian law, the funding of which<br />

involved diamonds mined by the aggressor<br />

country.”<br />

It appears to be a reference to the two main<br />

Russian diamond mining companies — Alrosa<br />

and Grib — which are both partly owned by<br />

the Russian government.<br />

If accepted, the new language would suspend<br />

Russia from the KP and effectively ban Russian<br />

diamonds from the world market.<br />

The changes would require absolute<br />

consensus from the 82 participating<br />

governments.<br />

Surat polishers struggling with<br />

sanctions against Russia<br />

Diamond polishing hub, Surat, in the west of<br />

India, has over 4,000 small and large diamond<br />

polish businesses and employs nearly 500,000<br />

workers. At least 30 per cent of the diamonds<br />

cut in Surat are sourced directly from Alrosa,<br />

so US sanctions against Russian diamonds are<br />

hurting the industry there.<br />

Diamond polishers in Surat are<br />

typically paid on the basis of<br />

raw diamonds they polish per<br />

day. With sanctions cutting<br />

into the diamond source, some<br />

workers have been put on a four<br />

day week, and have had working<br />

hours cut from ten per day to eight per<br />

day. The sanctions have put pressure on<br />

many workers leaving thousands struggling<br />

to pay rents and education fees for their<br />

children.<br />

Gems and <strong>Jewellery</strong> Export Promotion<br />

Council’s (GJEPC) Gujarat chairman Dinesh<br />

Navadia explained that in addition to<br />

diamonds coming directly from Russia, many<br />

Russian gems travel the world via other<br />

countries before ending up in Surat for cutting<br />

and polishing, meaning that the majority of<br />

gems cut in Surat are Russian.<br />

The US sanctions require that all diamonds<br />

entering the US be certified that their origin<br />

is not Russian. Other countries, such as China<br />

and the Gulf countries, do not mandate this<br />

condition, so some work remains.<br />

The polishing industry in India was also<br />

faced difficulties in the height of the Covid<br />

lockdowns.<br />

Will the Russian diamond ban<br />

raise the profile of lab-grown<br />

diamonds?<br />

Lab-grown diamonds were on the rise<br />

before the outbreak of war in Ukraine. New<br />

York-based diamond analyst Paul Zimnisky<br />

estimated global sales of lab-grown diamond<br />

jewellery increased by 40 per cent last year —<br />

a figure now representing 10 per cent of total<br />

diamond jewellery sales.<br />

With the war dragging on,<br />

Zimnisky is now forecasting<br />

a 20 per cent annual growth<br />

in lab-grown jewellery sales<br />

through to 2027. He calculated<br />

the global output of lab-grown<br />

diamonds was close to 3 million carats<br />

last year. That figure represents incredible<br />

growth, but it’s still nothing compared to the<br />

116 million carats of natural diamonds mined<br />

in 2021.<br />

Major jewellery and watch brands that have<br />

previously sourced from Russia have bowed<br />

to social pressure and switched to Rio Tinto<br />

and De Beers for their diamonds. It is likely to<br />

mean a hike in natural diamond prices as so<br />

many compete for a limited stock.<br />

Erwan Rambourge is head of consumer and<br />

retail research at HSBC and is confident that<br />

sales of lab-grown diamond jewellery will<br />

increase with even brands such as Cartier<br />

and Bulgari likely to use lab-grown stones for<br />

entry-level pieces in the near future. Already<br />

Tag Heuer has released a product featuring<br />

lab-grown stones.<br />

The gap that is left by keeping Russian stones<br />

out of the market is so large it’s not likely to<br />

be completely filled by lab-grown diamonds<br />

any time soon, despite their continual and<br />

ever-increasing success.<br />

18<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


Africa’s biggest diamond producer stuck between a<br />

rock and an even harder one<br />

Botswana is Africa’s biggest diamond producing nation. At a mining<br />

conference there in May, the major players spoke of their concerns<br />

that a prolonged ban on Russian diamond would allow synthetic<br />

gems to expand their market share.<br />

Debswana is a joint venture between Anglo American/De Beers and<br />

the Botswana government. It accounts for almost all of Botswana’s<br />

diamond exports. This year that stood at USD $3.4 billion, up from<br />

$2.2 billion in 2020.<br />

But Jacob Thamage, head of<br />

Botswana's Diamond Hub, isn’t<br />

convinced Botswana can fill the<br />

gap left by the Russian diamond<br />

ban.<br />

"You don't want to invest a lot of<br />

money to up-scale and then the<br />

war ends the next day," Thamage<br />

said. "We also see the higher<br />

prices pushing consumers to<br />

substitutes such as the synthetics<br />

and this can cause problems for us if we cede the market to unnatural<br />

stones."<br />

Thamage also fears that consumers might start to shun natural<br />

diamonds due to traceability issues.<br />

"There is an increased fear that buyers of diamonds will begin to<br />

treat all natural diamonds as conflict diamonds and therefore shift to<br />

unnatural diamonds," he said.<br />

Meanwhile, in Russia<br />

On home soil, Alrosa has noted a significant increase in interest<br />

among domestic customers looking to invest in Russian diamond<br />

amid hard currency restrictions.<br />

Alrosa has a Diamond Exclusive program under which it can sell<br />

diamonds to certain private investors via its regular auctions but,<br />

being that the company is government-owned, a series of legislation<br />

must be altered in order to open up diamond investing opportunities<br />

to more Russian investors. The Russian Deputy Finance Minister says<br />

proposals for such changes have already been put to the government.<br />

The scheme would see ordinary Russians being able to invest in<br />

diamonds in a similar way to investing in gold in order to help support<br />

Alrosa under sanctions from the West.<br />

Alrosa provides up to 90 percent of diamond production in Russia<br />

employing more than 20 000 people. At the end of 2021, the<br />

company netted 332 billion rubles of revenue, which is a 50-percent<br />

increase compared with 2020.<br />

Luxury Pearl & Opal <strong>Jewellery</strong><br />

Tel: (02) 9266 0636 | enquiries@ikecho.com.au<br />

www.ikecho.com.au


Red Argyle diamonds, Rio Tinto<br />

INTENSE AND RARE:<br />

THE CHANGING APPEAL AND<br />

ATTRACTION OF COLOURED DIAMONDS<br />

Fancy coloured diamonds are not as common as white diamonds, which adds to their appeal and<br />

their value. But there's a big difference between a diamond that is slightly discoloured and one that is<br />

'fancy' coloured. Here we look at what makes coloured diamonds so coveted and so unique.<br />

Coloured diamonds are ranked on a<br />

different scale to white diamonds –<br />

they reach 'coloured' status if they<br />

are found to be more intense in hue. The<br />

scale for coloured diamonds even sounds like<br />

something from a fairytale with grades such as<br />

'fancy intense', 'fancy vivid' and 'fancy deep.'<br />

But beauty is always in the eye of the beholder<br />

and while the fancy colours are considered<br />

the epitome, the lighter shades can be just<br />

as stunning and form a way for consumers<br />

achieve their natural diamond dreams at an<br />

entry level.<br />

There are many factors effecting the diamond<br />

sector at the moment. Lab-grown diamonds<br />

have risen from being mere industrial tools<br />

to becoming strong competition for natural<br />

stones. The situation in Ukraine has led to<br />

many governments around the world banning<br />

Russian diamonds. An ever-increasing demand<br />

from consumers for responsibly sourced<br />

jewellery, both environmentally and socially,<br />

has deepened both of these issues. It would<br />

be easy to think that the rare, smaller market<br />

share coloured diamonds might lose out in<br />

the face of all of this but that might not be the<br />

case.<br />

Fancy diamonds come from a wide number of<br />

mines scattered around the world. Australia's<br />

Ellendale mine, previously and hopefully<br />

again a strong source of yellow diamonds, has<br />

recently re-commenced operations. South<br />

Africa, India, Brazil, Venezuela, Guyana and<br />

Indonesia all produce fancy colour diamonds.<br />

A Russian ban creates opportunities for these<br />

mines, especially if consumers are educated<br />

about these other sources.<br />

Lab-grown diamonds also produce coloured<br />

stones and, at the moment, trends have<br />

focussed that production on the perennially<br />

popular colours of blue, pink and yellow. It<br />

wouldn't be unreasonable to assume that<br />

lab-grown versions of fancy stones will raise<br />

the profile of coloured diamonds as a whole<br />

in the same way as they have for colourless<br />

natural diamonds. That is, a cheaper product<br />

encourages more consumers into the market<br />

– those who dream of owning the natural<br />

20<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


To schedule an appointment, please contact us:<br />

L. J. WEST DIAMONDS INC. | 589 5th Ave, Suite 1102 | New York, NY 10017, U.S.A. | T +1 212 997 0940<br />

L. J. WEST AU PTY LTD | Level 9, 225 St Georges Terrace | Perth, WA 6000, Australia | T +61 40 997 6981


Info@LJWestDiamonds.com | www.LJWestDiamonds.com | www.ScottWestDiamonds.com


product will always graduate there in the end,<br />

but the wider field enables trends to grow and<br />

flourish.<br />

The setting of a coloured stone is just as<br />

important as the stone itself.<br />

With coloured diamonds ranging in hue from<br />

very subtle pastel tones through to intense<br />

and vivid fancy colours, the choice of setting<br />

becomes crucial. Metal colours and the<br />

shades of accompanying stones must be made<br />

to compliment the centre piece. Contrasting<br />

a fancy stone with pure white diamonds is<br />

always a striking look, or a harmonious blend<br />

can be achieved by pairing the stone with<br />

others sharing the same gentle nuance of<br />

colour. Designers can celebrate the jewel in a<br />

way that can be difficult to achieve with white<br />

diamonds.<br />

Colour is naturally very evocative. A coloured<br />

diamond can carry emotional, imaginative<br />

and poetic qualities for the designer and the<br />

wearer. Colours can symbolise many things –<br />

softness, love, strength, sophistication, royalty,<br />

power. For a designer, this can be an exciting<br />

palette. For the consumer, it can be very a<br />

personal form of expression.<br />

But they should certainly be worn to be seen.<br />

Fancy that!<br />

Like everything in life, coloured diamonds<br />

cross an entire spectrum, and devising a<br />

precise grading system is a challenging<br />

business. Several systems are currently in<br />

A purple diamond from the Argyle mine, Rio Tinto<br />

use — the GIA<br />

system being<br />

the most wellknown.<br />

CIBJO<br />

recommends<br />

another<br />

schema, while<br />

AGS claims to<br />

have a ‘new<br />

approach’ they<br />

describe as<br />

‘insanely easy’<br />

to use.<br />

Laboratories<br />

grade against<br />

a set of<br />

master stones covering hue and intensity.<br />

The Gemmological Institute of America (GIA)<br />

developed a uniform list of 12 main colours,<br />

90 secondary hues, 9 different intensity levels,<br />

and over 230 colour combinations<br />

Try singing this to<br />

the rainbow song:<br />

Red, Orangish-<br />

Red, Reddish-<br />

Orange, Orange,<br />

Yellowish-Orange,<br />

Yellow-Orange,<br />

Orange-Yellow,<br />

Orangish-Yellow,<br />

Yellow, Greenish-<br />

Yellow,<br />

Green-Yellow,<br />

Yellow-Green,<br />

Yellowish-Green,<br />

Green, Bluish-<br />

Green, Blue-<br />

Green, Green-<br />

Blue, Greenish-Blue, Blue, Violetish-Blue,<br />

Bluish-Violet, Violet, Purple, Reddish-Purple,<br />

Red-Purple, Purple-Red, Purplish-Red.<br />

There’s also White (which are actually milky<br />

rather than colourless), Black (which are<br />

opaque), Gray, Pink and Brown.<br />

On top of those are the ‘decorative’ terms,<br />

such as 'canary' for certain shades of yellow,<br />

and ‘cognac’, ‘champagne’ and sometimes<br />

‘coffee’ for various brown diamonds because<br />

the marketing world considers the word<br />

‘brown’ to be a value-killer.<br />

Above: A brown rough diamond crystal from the<br />

Argyle mine showing the tetrahedral shape.<br />

The Hope Diamond.<br />

Once the hue has been established, the colour<br />

saturation is then labelled with one of nine<br />

descriptors: Faint, Very Light, Light, Fancy<br />

Light, Fancy, Fancy Dark, Fancy Intense, Fancy<br />

Deep, Fancy Vivid.<br />

How do diamonds get their colour?<br />

And what’s so special about the pink ones?<br />

All diamonds are made up of carbon atoms<br />

arranged in rigid tetrahedrons – a shape<br />

that can be seen at the macroscopic level in<br />

natural rough diamonds. Pure diamonds are<br />

transparent and colourless. They’re very rare<br />

and so very valuable.<br />

Most naturally-coloured diamonds are<br />

formed with trace elements react with<br />

the carbon atoms during the diamond’s<br />

creation. Chemical elements such as nitrogen,<br />

sulphur and boron are trapped during the<br />

crystallisation process resulting in shades of<br />

yellow, green and blue.<br />

Blue, Gray and Green<br />

Boron is the element responsible for tingeing a<br />

diamond blue. When this impurity is present,<br />

it bonds to carbon in the crystal structure,<br />

absorbing the red, yellow and green areas of<br />

the colour spectrum leaving our eye to see<br />

blue reflected. Blue diamonds are extremely<br />

rare. The generally have a hint of grey so rarely<br />

get that highly saturated ‘sapphire’ colour.<br />

Fancy green diamonds are most often light in<br />

24<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


The Okavango Blue – the largest blue diamond ever discovered in<br />

Botswana, it caught media attention because its original size, 41.11 carats,<br />

was comparable to that of the famous Hope Diamond, whose clarity and<br />

purity this newly discovered diamond exceeded. Its weight reduced to<br />

20.46 carats after cutting and polishing.<br />

tone and low in saturation, and often muted<br />

in colour, affected by grey hints. In most green<br />

diamonds, the hue is strongest at the surface<br />

of the stone and rarely extends through the<br />

diamond. This leaves cutters with interesting<br />

challenges.<br />

Green diamonds occur when a diamond<br />

makes its journey to the earth’s surface and<br />

spends a few million years in close contact<br />

with radioactive rocks. The radioactivity<br />

displaces the carbon atoms from their normal<br />

positions in the crystal structure. Since<br />

green diamonds can be created artificially by<br />

exposing a low-grade blue or grey diamond to<br />

irradiation, greens are typically viewed with<br />

suspicion.<br />

Orange and Yellow<br />

Yellow and orange diamonds owe their hue to<br />

the element nitrogen. Nitrogen atoms in the<br />

crystal arrange in such a way that blue light<br />

is absorbed, leaving a yellow colour visible to<br />

the human eye. Yellow diamonds are more<br />

common amid the fancy colours and are<br />

sometimes described as ‘canary’ despite that<br />

not being a proper grading term.<br />

Orange coloured diamonds arise when<br />

nitrogen within the crystal groups in a specific<br />

way that absorbs light in both the blue and<br />

yellow spectrums.<br />

Brown and Black<br />

Brown is the most common colour and brown<br />

diamonds also the earliest diamonds to be<br />

used in jewellery, having been set into rings by<br />

the Romans in the second century. The colour<br />

didn’t stay popular though and spent a long<br />

time only being considered worthy enough for<br />

industrial use.<br />

It wasn’t until the Argyle mine commenced<br />

operation in the 1980s and abundant<br />

quantities of brown diamonds became<br />

available. Clever Australian jewellers and<br />

marketers used these brown diamonds in<br />

jewellery and gave them new names —<br />

cognac and champagne — and the stones are<br />

once again in favour.<br />

Brown diamonds can range in tone from very<br />

pale to very dark and the market seems to<br />

prefer browns in medium to dark tones with a<br />

warm to reddish modifying colour.<br />

Black diamonds didn’t begin to achieve favour<br />

until the 1990s when designers began using<br />

them in jewellery contrasting tiny colourless<br />

stones in pave settings.<br />

Pink and Red<br />

While other colours<br />

are due to the<br />

presence of trace<br />

elements, pinks are<br />

a different story. No<br />

trace elements have<br />

ever been found<br />

in pink diamonds.<br />

Instead, the colour is<br />

formed by a distortion<br />

in the diamond’s crystal lattice, caused by<br />

intense heat and pressure from all directions<br />

after the stone’s formation. This distortion<br />

alters the position of the carbon atoms which<br />

in turn changes the qualities of light reflected<br />

by the diamond.<br />

The 5.03-carat DeYoung Red is an<br />

exceptionally rare coloured diamond.<br />

Smithsonian Institution, National<br />

Museum of Natural History.<br />

Pinks are found around the world but those<br />

from Australia’s Argyle mine are said to have<br />

the finest colour of fancy, intense pink. This<br />

is because a set of geological circumstances,<br />

millions of year ago, resulted in Argyle<br />

diamonds possessing densely-packed graining<br />

planes that emanate pink colour. This graining<br />

is sometimes so pronounced it is visible to the<br />

naked eye. By contrast, non-Argyle pinks have<br />

few and less distinct graining planes and are<br />

therefore lighter in colour.<br />

Red diamonds are ultra-rare and are<br />

essentially just very deeply coloured pink<br />

diamonds, following the same formation<br />

causes as pinks.<br />

Violet and Purple<br />

Even less is known about the formation of<br />

violet and purple diamonds. It believed that<br />

hydrogen is present during their formation<br />

as well distortion due to extreme heat and<br />

pressure.<br />

Treating stones<br />

As recent years have seen a rise in popularity<br />

and demand for natural coloured diamonds,<br />

and as that demand has lead to a rise in<br />

their prices, the market for treated and<br />

colour-enhanced diamonds has evolved<br />

tremendously.<br />

Colour-treated diamonds are not lab-grown<br />

diamonds – they are natural mined diamonds<br />

that have been colour-enhanced. Their price<br />

is higher than the low colour quality stone<br />

they were before treatment, and depending<br />

on inclusions etc, they may rival lab-grown<br />

coloured stones in price.<br />

The main methodology is called HPHT - High<br />

Pressure High Temperature. This procedure<br />

can shift pale yellows to Fancy Vivid or change<br />

them altogether to form Fancy blues, purples<br />

or red.<br />

Interestingly, this is the same procedure that<br />

can convert cheap very light brown diamonds<br />

and turn them into colourless diamonds.<br />

Science becomes art.<br />

The largest pink diamond ever found in Australia is the Argyle Pink Jubilee<br />

diamond (8.01 carats). It was donated to Museums Victoria by Rio Tinto.<br />

<strong>June</strong> <strong>2022</strong> 25


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A division of the CPG Group of companies


By Stefan Juengling<br />

Chemgold<br />

MORE SCIENCE THAN ART:<br />

INSIDE THE AUSTRALIAN JEWELLERY TECHSPACE<br />

Each year, developments in CAD, CAM, and 3D printing push the boundaries of what can be<br />

designed, cast and printed. The ability to design with CAD has become quite affordable, as increasing<br />

automation in jewellery continues to push its uptake among modern jewellers. Here we spoke to four<br />

major players in the Australian jewellery tech scene to see how improvements to jewellery design and<br />

manufacture is positively affecting the Australian jewellery industry.<br />

We are all privileged to live in<br />

interesting times for jewellery<br />

design and manufacture: a digital<br />

age where fine jewellery becomes more<br />

science than art. In recent years CAD/CAM<br />

and 3D printing has seen tremendous growth<br />

as an accepted technology in the Australian<br />

jewellery industry. The design freedom<br />

afforded by these digital tools and the speed<br />

with which a precise and repeatable 3D model<br />

can be produced is truly a revolution in our<br />

industry. Current and emerging jewellery tech<br />

frees our designers from the constraints of<br />

conventional manufacturing processes and<br />

allows them to create complex and beautiful<br />

pieces that are ready to finish in a matter of<br />

hours.<br />

The state of the jewellery tech scene<br />

All our contributors lauded the design<br />

and manufacturing potential that modern<br />

jewellery tech affords them. Evotech Pacific<br />

are the distributors of Gemvision and Asiga<br />

products in Australia and New Zealand, and its<br />

Director Anthony Nowlan said he’s seen some<br />

pretty big leaps forward in terms of jewellery<br />

design software capabilities.<br />

“Gemvision (creators of the Matrix and<br />

CounterSketch software), acquired TDM<br />

(creators of the RhinoGold software), and have<br />

combined the best parts of all three software<br />

applications into the one – MatrixGold,” he<br />

said.<br />

He said that with MatrixGold jewellery design<br />

software, jewellers can quickly and efficiently<br />

design pieces and utilise parametric history to<br />

easier adjust models if required.<br />

“Rendering capability is also vastly improved<br />

enabling designers to create photorealistic<br />

images of their designs.”<br />

Chemgold is a family owned and run business<br />

with a proven track record of supplying the<br />

Australian jewellery industry with precious<br />

metal products and services for more<br />

than 30years. Its director Darren Sher said<br />

that their jewellery clients are becoming<br />

increasingly aware of the quality Chemgold<br />

can produce from CAD.<br />

28<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


“Improved<br />

technology in<br />

printing allows<br />

finer and more<br />

intricate pieces<br />

to be printed<br />

and cast easily,<br />

when using<br />

the correct<br />

software and machine,” he said.<br />

DesignDrawCAD<br />

“The trend has continued with more lower<br />

priced point 3D printers entering the market<br />

which are suited to some businesses that want<br />

to view the prototype before production or<br />

being able to print the wax/resin themselves<br />

and send to us for casting.”<br />

Production Manager Desmond Ambagtsheer<br />

at well-known jewellery supplier Peter W Beck<br />

said their company have always been at the<br />

forefront of jewellery tech.<br />

“60 per cent of ‘retail ready’ products we<br />

produce would in some way employ CAD/CAM<br />

technology: CAD to develop new products or<br />

revamp old, CAM for product manufacturing<br />

using machines such as 3D printers, mills,<br />

lathes, and faceting machines,” he said.<br />

DesignDrawCAD is a Sydney-based CAD<br />

jewellery design service headed up by CAD<br />

<strong>Jewellery</strong> Designer Helen Pusenjak who acts<br />

as a single, client-focused CAD designer. Helen<br />

said more and more jewellers are looking to<br />

take additional advantage of CAD’s potential<br />

to improve their business.<br />

“This may be to create the new stock pieces,<br />

produce bespoke pieces more suited to the<br />

CAD/casting process or at a certain price<br />

point, set up a range of jewellery for ready<br />

modification or to simply increase output,”<br />

she said.<br />

Huge uptake in CAD/CAM<br />

Darren said that attitudes toward the<br />

technology has improved and become more<br />

positive as it continues to become more<br />

mainstream.<br />

“I would estimate a huge percentage of<br />

jewellers and jewellery retailers now use<br />

CAD/CAM as an additional tool to design and<br />

manufacture jewellery.<br />

“It has continued to increase with more<br />

jewellers and retailers purchasing CAD<br />

software for in-house use and our customers<br />

taking advantage of CAD-based libraries<br />

they can order from such as our JewelMount<br />

collection.”<br />

In addition, Darren reported that an increasing<br />

number of jewellers have invested in the CAD<br />

software themselves.<br />

“This has been<br />

an incredibly<br />

helpful tool<br />

to show their<br />

customers<br />

how the new<br />

technology<br />

provides them<br />

with their<br />

desired piece of<br />

jewellery.<br />

“Jewellers benefit<br />

by viewing<br />

CAD/CAM as<br />

another tool at<br />

their disposal to<br />

save time, money and simplify the process in<br />

manufacturing, not replacing their skill but<br />

rather assisting where possible.”<br />

Anthony reported that the COVID-19<br />

pandemic led to an increase in software<br />

uptake from clients who were previously<br />

undecided.<br />

DesignDrawCAD<br />

“The ability to continue working and designing<br />

with efficiency whilst in lockdown has been<br />

very appealing to many of these new clients. “<br />

Desmond said that Peter W Beck customers<br />

use CAD/CAM to produce their own products<br />

on their own 3D printers and mills for casting<br />

and/or engraving.<br />

Chemgold<br />

Pushing boundaries with cuttingedge<br />

design and manufacture<br />

Advances in new software or updates in<br />

existing software means that for Chemgold<br />

and their clients it has become increasingly<br />

more efficient to design and offer their clients<br />

designs that were previously not possible or<br />

unaffordable. Darren said the latest software<br />

releases have made the design process<br />

smoother, sometimes easier, that still requires<br />

some skill to master, but now cuts design time<br />

in half compared to five years ago.<br />

“We have also found that with the<br />

introduction of 3D scanning items, that the<br />

<strong>June</strong> <strong>2022</strong> 29


possibility of replicating pieces become much<br />

faster, and creating fitted wedding bands is no<br />

longer a headache to the designer, as we can<br />

scan the engagement ring and simply build<br />

around it.<br />

“…organic designs have also been more<br />

popular in the past few years, and we have<br />

advanced our team with the software and<br />

knowledge required to assist with the growing<br />

demand for these.”<br />

Anthony said that jewellery design software’s<br />

potential to design delicate, complex, and/<br />

or organic shapes has always been a major<br />

drawcard for many designers and jewellers,<br />

and it’s for these reasons that jewellers and<br />

designers have invested in the tech. However,<br />

he said he felt that the ability to adjust those<br />

designs easily has at times been difficult and<br />

cumbersome, sometimes causing the designer<br />

to completely re-design those parts.<br />

“The latest version of MatrixGold makes this<br />

task easier and less likely that a part will need<br />

to be completely re-designed from scratch.”<br />

Desmond said that CAD/CAM has opened<br />

many new opportunities in product design<br />

and the services they supply to their<br />

customers.<br />

“Customers want the freedom<br />

to design their own individual<br />

pieces: CAD/CAM allows us<br />

to communicate precisely with the<br />

client and then produce the part<br />

to their tolerances.”<br />

Chemgold<br />

3D printer go brrr!<br />

Improvements in printer<br />

resin and wax qualities has<br />

also improved the quality<br />

of pieces for CAM users<br />

and their clients. Anthony<br />

said that printing resins<br />

have advanced greatly<br />

and produced pieces with<br />

better surface finish and<br />

quicker build times.<br />

“Better formulas with resins and investment<br />

powders used within the casting process have<br />

also lessened the likelihood of a negative<br />

reaction with the investments used within the<br />

casting process, improving the result greatly.”<br />

He also lauded modern printing technology’s<br />

ability to reduce turnaround time.<br />

Evotech Asiga MAX X 3D Printer<br />

Evotech Pacific<br />

“…it depends greatly<br />

on both the resin and<br />

the geometry being<br />

printed…but we have<br />

seen the latest Asiga<br />

Resin (SuperCast X)<br />

create a full build plate<br />

of standard height rings<br />

in around 2 hours.”<br />

Desmond said their company is always<br />

investing in the latest technology and the<br />

newest software.<br />

“Keeping up to date allows us to push the<br />

limits on design and increase our capabilities<br />

and efficiencies,” he said.<br />

“Our latest innovation would be<br />

the use CAD/CAM to directly<br />

machine metallic<br />

components,<br />

lasering and<br />

milling<br />

products<br />

and<br />

having the<br />

ability and<br />

flexibility<br />

to use multiple CAD/CAM platforms to create<br />

a single product.”<br />

Darren said that Chemgold’s leading<br />

technology and wax printers ensure customers<br />

receive the absolute best surface finish from<br />

their CAD files, along with the highest quality<br />

castings.<br />

<strong>Jewellery</strong> tech helps keep it<br />

Australian made<br />

Matrix Gold Rendering<br />

Evotech Pacific<br />

In an<br />

increasingly<br />

globalist scene,<br />

the trend for<br />

some major<br />

jewellery<br />

companies<br />

over the past<br />

few decades is<br />

to outsource<br />

manufacturing<br />

to countries<br />

with low<br />

labour costs and operations such as China<br />

and India. This helps the companies from<br />

domestic economic downturns, but at the<br />

expense of potential local manufacturing<br />

jobs. Fortunately, from Helen’s point of view,<br />

an increasing number of jewellers are opting<br />

to advance jewellery wholly produced in<br />

Australia, bringing work back from overseas.<br />

Evolight2<br />

Evotech Pacific<br />

“They (the jewellers) profit from improved<br />

communication resulting in an accelerated<br />

process and superior models.”<br />

ProLaser Easy Laser Welder<br />

by Evotech Pacific<br />

30<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


DesignDrawCAD<br />

Darren said that with the COVID-19 pandemic<br />

and its subsequent issues with freight, a lot<br />

of manufacturers and retail stores opted for<br />

Australian-made.<br />

“Not only is it a great selling point for most of<br />

the market, it also reduced their turnaround<br />

time greatly by having something made locally<br />

and delivered much quicker than any overseas<br />

competitor.”<br />

Evotech Pacific L3 Magic Laser<br />

Engraver Photo Engraving<br />

He said this has had the flow-on effect of<br />

manufacturing roles opening en masse<br />

throughout the industry over the past<br />

few years with jewellers, setters and CAD<br />

designers being in high demand across the<br />

country.<br />

“This shows that there is a lot more interest<br />

in bringing manufacturing back to Australian<br />

shores and keeping it here.”<br />

Anthony said<br />

that due to<br />

the increased<br />

pricing in<br />

outsourcing<br />

work overseas<br />

combined with<br />

their inherent<br />

communication<br />

breakdowns<br />

and their<br />

subsequent<br />

blowout in<br />

design time,<br />

Evotech Pacific<br />

have had quite<br />

a few clients who have recently purchased<br />

their own licenses of MatrixGold.<br />

“For many of these particular clients, it has<br />

been more economic (financially and in time),<br />

to learn the software/hardware and keep<br />

everything in house.”<br />

The revolutions of tomorrow<br />

When asked to speculate on what<br />

the future holds in the jewellery<br />

tech scene, our contributors<br />

predicted improvements in<br />

software design capabilities,<br />

faster job turnaround times,<br />

and greater uptake in the<br />

technology. Darren believes that<br />

CAD programs will become more<br />

user-friendly, printers will print<br />

faster and in higher resolutions,<br />

and developments in job-tracking<br />

technology will aid Chemgold’s<br />

customers with up-to-date<br />

information on where their jobs are in<br />

the system.<br />

“If the past has taught us anything it is<br />

that it will be developing at a rapid pace and<br />

changing in ways we cannot yet foresee.”<br />

Helen predicts that use of the CAD/casting<br />

process will expand because it boosts output<br />

for business, helps to produce pieces that can<br />

be offered at competitive prices, and expands<br />

the styles a business can offer.<br />

“Given the scarcity of apprenticeships being<br />

offered and the resulting decrease in qualified<br />

jewellers coming up, this process will become<br />

a necessary option.<br />

“With the exponential advances in<br />

technological innovation, opportunities for<br />

cross-over items of jewellery will also grow.”<br />

Anthony foresees an increasing uptake in<br />

Direct Manufacturing 3D Printing, as research<br />

and development in the field has produced<br />

far better quality metal powders and thus a<br />

better surface finish.<br />

“…whilst I don’t think Direct Manufacture 3D<br />

Printing will replace any sector of existing<br />

jewellery manufacturing, it will certainly add<br />

a new dimension for those designers who<br />

create pieces and parts that are not possible<br />

to create with current tech and processes.<br />

“It is certainly an exciting time to be a<br />

jeweller!”<br />

DesignDrawCAD<br />

Oval Trilogy render<br />

32<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


WD Lab Grown Diamonds<br />

signs deal with JC Jewels<br />

WD Lab Grown Diamonds (WD), the first diamond company in the world to be thirdparty<br />

sustainability certified and to achieve 100 per cent climate neutrality, has named<br />

Australia-based JC Jewels Pty Ltd their Authorised Distribution Partner in the Australia<br />

and New Zealand markets.<br />

WD is a pioneering technology company<br />

and market leader in Chemical Vapor<br />

Deposition (CVD) diamonds, with laboratory<br />

headquarters in the Washington, D.C. area.<br />

Each WD diamond is certified 100 per cent<br />

climate neutral and is backed by a full U.S.<br />

origin traceability guarantee.<br />

“This critical partnership with JC Jewels<br />

enables us to further scale WD’s footprint<br />

in-step with the rapidly expanding global<br />

market for lab grown diamonds,” said Sue<br />

Rechner, CEO of WD Lab Grown Diamonds.<br />

“We are pleased to have a partner that shares<br />

our commitment to leading with integrity,<br />

innovation and a focus on sustainability —<br />

their well-earned and trusted reputation in<br />

the Australia and New Zealand markets will<br />

help fuel our growth in this region.”<br />

JC Jewels was the first diamond wholesaler<br />

to launch laboratory grown diamonds in<br />

Australia and New Zealand, and today is the<br />

largest supplier and importer in this region.<br />

Through this agreement, JC Jewels will<br />

employ its sales, marketing and technology<br />

expertise to distribute WD’s Certified Climate<br />

Neutral and Sustainability Rated diamonds to<br />

their expansive customer network, thereby<br />

expanding consumer access to high-quality,<br />

‘As Grown’, and third-party certified laboratory<br />

grown diamonds. JC Jewels has become<br />

accredited by SCS Global Services, enabling a<br />

closed and verified chain of custody on all fully<br />

traceable WD diamonds.<br />

“Our principles and shared values are the<br />

cornerstone of our partnership with WD Lab<br />

Grown Diamonds,” said Craig Miller, CEO of<br />

JC Jewels. “Together with their team, we look<br />

forward to defining a new industry standard<br />

for sustainability and transparency within our<br />

market.”<br />

In the lab grown diamond space, specifically<br />

at the independent jeweller, retail training<br />

and education is paramount to success. In<br />

addition to access to WD’s industry-leading<br />

lab grown diamonds, JC Jewels customers<br />

will benefit from the team’s best-in-class<br />

custom training programs, as well as 24/7<br />

access to the newly unveiled WD Resource<br />

Center, an exclusive online learning and<br />

marketing portal. WD will be touring the<br />

platform to partners and distributors for the<br />

first time at JCK Las Vegas this <strong>June</strong>, where<br />

they are exhibiting within The Plumb Club.<br />

wdlabgrowndiamonds.com<br />

latitudediamonds.com<br />

jcjewels.com.au


MY LIFE IN JEWELLERY<br />

Leone Meatchem entered Australia's jewellery industry in 1949 and enjoyed a long,<br />

fulfilling and award-winning career in the trade. It is often said that life goes in<br />

circles, but Leone says hers runs in rings. This is her tale of her life in jewellery.<br />

My life was set on the jewellery<br />

path one night just before my<br />

fifteenth birthday when my mother<br />

informed me I was tell the teacher I would<br />

be leaving school on the day of my birthday.<br />

It was a Friday and I was to start work on the<br />

following Monday. I had been about to sit for<br />

the Leaving Certificate and I enjoyed school.<br />

I'd hoped to go on to Art School and I had<br />

dreams of using skills gained there to support<br />

me through a future in ballet.<br />

Needless to say, I didn't sleep much that<br />

night, mostly crying tears of disappointment.<br />

In earlier school holidays, my mother had<br />

taken me to the Angus & Coote building<br />

George Street, Sydney where I had been<br />

introduced to Mr James Byrne and shown<br />

the factory. I'd seen a long table with rows<br />

of young women on each side, meticulously<br />

filling metal badge castings with enamel. I<br />

imagined that this was work I was to do and<br />

it looked like it could be fun. Mr Byrne asked<br />

to see some of my artwork and I left some<br />

drawings with him. In the past, I'd hoped this<br />

might lead to some work for the Christmas<br />

school holidays – but I'd hoped to be back at<br />

school afterwards.<br />

But on Monday 24 October, 1949, I dutifully<br />

travelled alone to George Street, feeling<br />

very shy. I met again with Mr Byrne and<br />

was surprised to be asked to look at some<br />

sketches. He called me “Miss Rush” which<br />

had a pleasing, grown-up ring to it and he<br />

mentioned that he admired the drawings that<br />

I'd left with him on my first visit.<br />

The sketches that he showed me were of a<br />

cricketer – a figure possibly to use on a trophy.<br />

Mr Byrne asked if I could see anything wrong<br />

with the sketch and I meekly pointed out that<br />

one arm was wrong. He handed me a pencil<br />

and asked me to correct it.<br />

Imagine my surprise when he<br />

looked at my alterations to the<br />

drawing and asked me, right then<br />

and there, if I'd like to become<br />

a designer and learn from the<br />

present designer, Joyce Caldicott.<br />

Of course, I said yes!<br />

He led me into a room where two<br />

desks were positioned – one, the<br />

larger, Miss Caldicott's, the other<br />

slightly smaller one, already set<br />

up with a drawing board, would<br />

be mine.<br />

I was absolutely so happy. I<br />

started that day and loved every<br />

minute of what was, for me, one<br />

big art lesson. The office staff<br />

christened me 'Blossom' and<br />

my training began. I took to the<br />

role very quickly and was soon<br />

designing badges, trophies and,<br />

as the large jeweller's section was<br />

on the same floor, jewellery too.<br />

Mr Roy Coote was a regular visitor to our<br />

office. He was a softly spoken man who<br />

perused our<br />

designs and<br />

watched us<br />

work. The<br />

jewellery<br />

manager, Mr<br />

Eric Davies,<br />

34<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


sometimes allowed me to watch how the<br />

pieces were made, quite often asking me to<br />

sketch a shoulder design or side view of a ring<br />

etc.<br />

Three happy years later and I was a fully<br />

trained “Angus & Coote Designer.”<br />

An unexpected retrenchment of staff meant<br />

that all married women employees were to<br />

leave and as Joyce had married the previous<br />

year that meant the loss of the office's senior<br />

designer. I was called to Mr Byrne's office too.<br />

Joyce had dropped the hint that if I was to<br />

leave I might join a ballet company. I couldn't<br />

deny that if such an opportunity arose I would<br />

certainly take it and so, I was asked to leave as<br />

well. I left Angus & Coote just before turning<br />

eighteen with all good wishes, chocolates and<br />

flowers and beautiful references too.<br />

I had thought I might have a holiday, but no,<br />

Mother marched me off to an employment<br />

agency where a kind lady mentioned she<br />

had a nephew, a jeweller, working for a small<br />

manufacturing company, which also made<br />

badges. She made enquiries and I was soon<br />

having an interview (with my mother in<br />

attendance!) at Messrs. Denham, Neal and<br />

Treloar, Pitt St. Sydney.<br />

I started the very next week and spent much<br />

of the remainder of my working life there<br />

designing badges, trophies and of course,<br />

rings for these three wonderful bosses who<br />

looked after me like three fathers!<br />

The new job had a room for jewellers with<br />

Mr. Les Denham in charge. In this room<br />

also I met Rex and Ray Merton, Rex Steele<br />

Merten's father and uncle. In another room,<br />

Mr.Norm Neal looked after the engravers.<br />

One, a particularly nice young man, Howard<br />

Meatchem, already through his apprenticeship<br />

and an expert hand engraver, became my<br />

husband two years later.<br />

A few more years on and our first little one<br />

was expected. The three bosses began to<br />

panic – no designer! – but I quickly pointed<br />

out I could easily work at home. Howard<br />

still worked in the city – he could take work<br />

in and pick it up, easy! (Who needed Zoom<br />

Leone Meatchem and Rex Merten in an early<br />

issue of <strong>Jewellery</strong> <strong>World</strong> magazine.<br />

meetings?) By 1956, we were living in<br />

Lindfield, and by a lovely coincidence, James<br />

Byrne lived opposite.<br />

Award-winning pearl necklet<br />

was displayed in Japan and Broome.<br />

Working from home was an excellent<br />

arrangement that allowed me to pursue my<br />

career and raise our five children, including a<br />

beautiful surprise set of twins. My husband,<br />

Howard, began his own business, taking rooms<br />

in Sydney's Dymocks Building and, later, the<br />

Saunders Building in King Street.<br />

In 1970, I noticed a jewellery design<br />

competition in an early <strong>Jewellery</strong> <strong>Magazine</strong>.<br />

On a whim, I sent in a design. I was delighted<br />

to win a prize in the AJA's first competition.<br />

[The AJA was the precursor to the JAA.] Rex<br />

Steele Merten also won a prize and Howard<br />

and I celebrated the award evening with Rex<br />

and Gabrielle.<br />

Although still designing for DNT, I read about<br />

the De Beers Diamonds International Awards<br />

in 1972. This award was to be judged on<br />

<strong>June</strong> <strong>2022</strong> 35


the drawn design, so I sat down<br />

at home and fiddled with a<br />

design and dared to send it<br />

to USA. It had been a misty<br />

morning that day and I had<br />

taken a walk along the creek<br />

near our home. I stood for<br />

a moment admiring the<br />

dew drops on a cobweb and<br />

knew immediately<br />

that I had found<br />

inspiration for my<br />

design. I named it<br />

Morning Dew and it<br />

featured 49 diamonds hanging on delicate threads from a<br />

golden branch.<br />

To receive news by telegram that I had won was a huge,<br />

unexpected surprise. Not only was I the only Australian<br />

to win that year; but the first Australian woman to win<br />

(not in the name of a company.) After meeting with the<br />

representatives, I realised that I had to have the design<br />

made up. Of course, I had used lots of diamonds and a tricky<br />

design.<br />

By now, Angus & Coote had taken over the big corner shop in<br />

the Saunders Building (Howard came with the building!) and the<br />

company was really keen to make up the design.<br />

And, in a delightful circle, I agreed to design exclusively for them for<br />

the following four years.<br />

Amazingly, after more than two decades, I was once again an “Angus &<br />

Coote Designer.” My life had travelled a full circle.<br />

I needed to know<br />

more about the<br />

stones I was using,<br />

so I graduated<br />

from a gemmology<br />

course in 1977<br />

and continued on<br />

with the Valuation<br />

Certificate and<br />

Diamond grading<br />

with Geoff Toombs.<br />

Now I could supply<br />

the right stones,<br />

value the finished<br />

piece and as a<br />

JP, sort out some<br />

probate valuations<br />

too if needed.<br />

The next years brought another fifteen design awards, including De<br />

Beers Diamonds Today, Australian <strong>Jewellery</strong> Awards, also taking part<br />

in pearl design exhibitions in Japan and Broome. Of course, all my<br />

designs were created in a world pre-computer aided design. I used<br />

pencil and paint and I share some with you here. I loved taking part in<br />

the recent JAA Design Sketch Draw competition.<br />

During those years, I designed many interesting trophies, the <strong>World</strong><br />

Gold Cricket Cup, several Mayoral chains including the ones for<br />

Katherine NT, Wollongong and<br />

one for the City of Gosford. The<br />

Gosford chain saw me chatting<br />

to the then mayor about the<br />

design, never imagining that<br />

not only would we be living<br />

on the beautiful NSW Central<br />

Coast years later but that our<br />

daughter would marry that<br />

mayor's young cousin! Life.<br />

Circles. And wedding rings.<br />

Now, more than 70 years<br />

on from the day that I first<br />

tip-toed nervously into the<br />

jewellery industry, I have<br />

just designed my grandson's<br />

engagement ring.<br />

Leone featured in an<br />

Australian Women's Weekly article in 1972.<br />

36<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


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The Gem and <strong>Jewellery</strong> Export Promotion Council (GJEPC) of India<br />

recently concluded the exclusive B2B jewellery show the IGJS<br />

in association with Gemfields, at JECC, Jaipur, India’s coloured<br />

gemstone capital, from 10th to 12th May, <strong>2022</strong>.<br />

The three-day show saw more than 200 leading exhibitors<br />

showcasing their gems and designer jewellery to 650 international<br />

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It was the first physical event hosted exclusively for global buyers<br />

in India to increase exports and to exemplify India’s strong hold<br />

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India is a world leader in cut and polished diamonds, the coloured<br />

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India’s gem and jewellery industry exports nearly USD 40 billion<br />

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India’s G&J exports, Hong Kong (24%), UAE (14.5%), Belgium (5%)<br />

and Israel (4%).<br />

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By Cheryl D. Harty<br />

COLOURED DIAMONDS FIND FAVOUR<br />

AS JEWELLERY MILESTONE GIFT<br />

Coloured diamonds are gaining in popularity and are increasingly purchased as a jewel to mark<br />

life’s milestones, according to Tony Smales, owner and manager of Smales Jewellers.<br />

With five watch and jewellery stores<br />

in Western Australia, Smales has<br />

the exclusive agency for Hearts on<br />

Fire Diamonds in the state and also includes<br />

Argyle Pink, champagne and cognac coloured<br />

diamonds in its offer.<br />

A family run business, Smales Jewellers has<br />

a long history in WA. “Our original store<br />

commenced in Kalgoorlie just after the 2nd<br />

<strong>World</strong> War some 70 years ago,” Mr Smales<br />

pointed out. The head office is based in<br />

Subiaco, where the busiest Smales store is<br />

located, followed by Bunbury while three<br />

other outlets are located in Kalgoorlie,<br />

Geraldton and Karratha. All stores have onsite<br />

jewellery workrooms.<br />

The high end stores specialise in handmade<br />

jewellery and luxury watches. Smales’<br />

comprehensive diamond offer includes a wide<br />

selection of engagement, wedding, eternity<br />

dress rings, pendants, earrings, bangles and<br />

tennis bracelets.<br />

“Our diamonds are sourced from our<br />

Australian supplier who we have dealt with for<br />

many years. In regard to the pink diamonds,<br />

we will always offer a certified stone. This<br />

gives our customers the guarantee that<br />

it is Argyle and peace of mind that their<br />

purchase has the heritage and identification.<br />

In addition, we also produce Ellendale Yellow<br />

diamonds for some of our products. These<br />

diamonds also come with identification,” Mr<br />

Smales explained.<br />

Demand for coloured diamonds has increased<br />

dramatically since the announcement of<br />

the closure of Argyle Diamond mine and<br />

he attributes this to growing consumer<br />

awareness that the rare stones have the<br />

potential to grow in value. In his opinion,<br />

however, coloured diamonds should be set<br />

and worn in jewellery. “I think they should be<br />

incorporated into a ring, pendant or earrings<br />

– pieces made to be enjoyed rather than have<br />

them sit inside a safe for pure investment that<br />

may take years to realise.”<br />

Mr Smales has observed a recent trend where<br />

coloured diamonds are being used to mark<br />

important life<br />

occasions.<br />

“We have<br />

seen this a<br />

lot with the<br />

‘push present’<br />

and partners<br />

giving pink or<br />

blue diamonds<br />

to reflect<br />

gender at the<br />

birth of their<br />

children. Other<br />

customers love<br />

the contrast<br />

38<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


etween coloured and<br />

white diamonds.<br />

When you set a<br />

white diamond<br />

next to a coloured<br />

diamond, it really<br />

enhances the<br />

colour and makes<br />

it pop,” he said.<br />

Only natural<br />

diamonds are<br />

carried in Smales<br />

Jewellers.<br />

“Our stores have received a few<br />

requests for lab grown diamonds and while<br />

I can see some advantages, normally price, I<br />

still prefer to only deal in natural diamonds.<br />

I suppose it’s a personal thing for jewellery<br />

retailers and to a degree I think it is where<br />

you sit in the jewellery market. I would say<br />

that the majority of our diamond sales are<br />

in engagement rings and customers are still<br />

seeking that very special piece and do tend to<br />

hold into the tradition of choosing a natural<br />

diamond.”<br />

Overall sales of white and coloured diamonds<br />

through Smales WA outlets are dominated<br />

by the Round Brilliant Cut but there are<br />

exceptions.<br />

“We purchased a radiant cut Pink Argyle<br />

diamond for a customer recently and they<br />

had a specific request that required us to<br />

incorporate the pink diamond into a design.<br />

The stone was purchased for a long-term<br />

investment, but they wanted to wear it in a<br />

ring. The radiant cut and colour of the stone<br />

was perfect and the ring looked fantastic. It<br />

was so good to see the customer’s excitement<br />

when we presented her with her custom<br />

made completed design,” Mr Smales said.<br />

He believes the demand for<br />

fancy coloured diamonds<br />

will continue, especially<br />

since the Argyle<br />

Diamond Mine closure,<br />

noting “there is something extra<br />

special about choosing a unique<br />

colour diamond.”<br />

Coloured diamonds, however,<br />

have started to become<br />

more difficult to purchase,<br />

he conceded. “Prices have<br />

increased and choices are<br />

reduced, however, there<br />

is still availability. A good<br />

relationship with your<br />

suppliers is essential,” Mr<br />

Smales said.<br />

Gold nuggets, pearl and<br />

gemstone jewellery pieces<br />

are also carried by Smales<br />

stores which sell select graded<br />

natural stones like sapphire, ruby and<br />

emerald among others. “What determines<br />

the price of these stones is the quality of<br />

each and we rely on our suppliers to only<br />

send high grade stones for us to use in our<br />

manufacturing.”<br />

Smales Jewellers manufacture jewellery in<br />

18 karat yellow gold, white gold and pink<br />

gold but will often use platinum. “This metal<br />

is slightly harder to work with but has<br />

some advantages for<br />

the wearer and<br />

is quite popular<br />

with customers<br />

now. We often<br />

use platinum for the ring with white<br />

diamonds and we use rose or pink gold<br />

for the setting of the pink diamonds.<br />

This allows for the pink stone to show its<br />

beauty with less interference of the setting<br />

that holds the diamonds securely in place,” Mr<br />

Smales explained.<br />

He pointed out that Smales prides itself on<br />

attention to detail and customer satisfaction<br />

when someone is looking to purchase an<br />

engagement ring. “Some people choose a<br />

ring from our stock while others like parts<br />

of one ring and parts of another. If<br />

this is the case where they like<br />

different parts of different<br />

designs, we have the customer<br />

sit down with the store’s designer<br />

and come up with a new design with the<br />

customer. The item is then hand-made by<br />

our precision jeweller.<br />

“We generally do not use casting. Smales<br />

is perhaps a little more traditional than<br />

many but that doesn’t mean that we are<br />

old fashioned in manufacturing. In fact we<br />

use some of the latest tools, machines and<br />

techniques in the industry. We want to<br />

achieve a structurally sound piece that offers<br />

the customer excellence and satisfaction.<br />

“Gold and platinum metals are extremely<br />

durable, However from someone who has<br />

knowledge about the settings, claws, shank –<br />

they will wear over time. It’s much better and<br />

cheaper for the customer to have new claws<br />

fitted for example rather that losing their<br />

precious stone,” Mr Smales said.<br />

“On most occasions and especially when we<br />

use pink diamonds, we send the item on to<br />

an independent jewellery valuer. That ensures<br />

the value of the piece and that the price paid<br />

gives satisfaction to the customer. They know<br />

what they have purchased meets the industry<br />

standard and have received value for money.<br />

It also gives the customer the history of the<br />

stone on many occasions,” he explained.<br />

Smales generally draws<br />

its diamond stock<br />

from Australia but<br />

sources many items<br />

such as chains, earrings and pendants<br />

from Italy or Germany. “I have always<br />

travelled overseas to purchase but the<br />

Covid situation has limited those trips,” Mr<br />

Smales said.<br />

Smales Jewellers always advise their<br />

customers to bring their jewellery items in to<br />

be checked every 6 to 12 months. This service<br />

is provided free of charge and the item is<br />

cleaned at the same time.<br />

Over the years, Mr Smales has observed that<br />

like everything else, the jewellery industry has<br />

changed and manufacturers have improved.<br />

The stores in his family business are in the<br />

higher end of the market, he affirmed.<br />

“I am all about traditional jewellery stores not<br />

chain stores. Higher end jewellers value their<br />

reputation, they employ people that care and<br />

generally offer a high standard of product<br />

knowledge,” he said.<br />

<strong>June</strong> <strong>2022</strong> 39


JEWELLERY IN THE<br />

METAVERSE<br />

CIBJO’s <strong>Jewellery</strong> Industry Voices webinar considers the effect and<br />

significance of the metaverse on jewellery and gemstone business.<br />

The world stands on the cusp of the next<br />

technological revolution, which will<br />

permanently affect the way in which<br />

we live, interact, recreate and do business.<br />

Popularly referred to as the metaverse, it<br />

will develop not as the result of a single<br />

scientific or engineering breakthrough, but<br />

rather because of a series of simultaneous<br />

and interconnected advances, among them<br />

virtual and augmented reality, the Internet of<br />

Things, artificial intelligence, 5G, blockchain,<br />

and the growing trade in cryptocurrencies and<br />

non-fungible tokens (NFTs).<br />

The metaverse that is being created is a shared<br />

3-D virtual environment that people access<br />

via the internet. Wearable devices facilitating<br />

virtual reality (VR) and augmented reality<br />

(AR) create a sense of physical presence in a<br />

digitally-generated world, which increasingly<br />

feels like it is real. Unencumbered by their<br />

physical location, time zone and even the<br />

languages they speak and understand,<br />

individuals operating in the metaverse can<br />

meet, play with and compete with one<br />

another, collaborate, create and trade.<br />

As was the case earlier with the introduction<br />

of the computer, the internet and the<br />

smartphone, no sector of the business<br />

community will not be affected or changed<br />

by the metaverse. And like those previous<br />

technological revolutions, the change will<br />

not just be adaptive, but fundamental –<br />

transforming the way in which businesses<br />

are structured, how their supply chains are<br />

monitored and managed, and how and what<br />

they design, manufacture, market and sell.<br />

CIBJO's <strong>Jewellery</strong> Industry Voices webinar on<br />

May 26, <strong>2022</strong>, focussed on the approaching<br />

technological revolution, considering its<br />

elements, impacts and overall significance. It<br />

is entitled “<strong>Jewellery</strong> in the metaverse: virtual,<br />

augmented and real.”<br />

The webinar panel includes Mahiar Borhanjoo,<br />

CEO of UNI Diamonds, a data and technology<br />

company serving the<br />

international diamond<br />

industry. Elle Hill, the<br />

founder and CEO of<br />

Hill & Co., a diamond,<br />

gemstone and jewellery<br />

launch and growth<br />

consultancy firm, and<br />

Laura Inghirami, the<br />

founder of Donna<br />

Jewel, a firm providing<br />

consulting services to<br />

jewellery companies in<br />

the digital, marketing<br />

and creative fields, and who was named by<br />

Forbes Italia earlier this year as one of the<br />

top Under-30 leaders of the future also took<br />

part in the webinar. Erik Jens, the founder and<br />

CEO of LuxuryFintech.com, which focuses on<br />

blockchain and cryptocurrencies, examined<br />

reengineering banking and finance models<br />

for the luxury industry sector, and more<br />

particularly the jewellery and art worlds.<br />

The webinar can be replayed from the CIBJO<br />

website, as can the many other <strong>Jewellery</strong><br />

Industry Voices seminars. You can stay up to<br />

date with upcoming free online events with<br />

CIBJO by signing up on their website.<br />

www.cibjo.org<br />

40<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


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According to legend and lore, the idea of a birthstone chart goes back to Biblical times and the<br />

Breastplate of Aaron, which was set with twelve gemstones. A writer in the first century postulated<br />

that these gems directly correlated with the twelve astrological signs of the Zodiac and that these<br />

stones were beneficial to the health of the wearer. While the perception of the 12-stone birthstone<br />

chart has changed over the centuries, it still implies “to each her stone.”<br />

By Cynthia Unninayar<br />

RESPLENDENT R UBIES<br />

The Birthstone of July<br />

Rubies have been admired and coveted for millennia. While its<br />

name is derived from the Latin word rubeus—meaning red—ruby<br />

was translated as ratnaraj in ancient Sanskrit, signifying the king<br />

of precious stones.<br />

And precious these red gems have been throughout history. In Asia,<br />

they were reportedly traded as early as 200 BCE along China’s North<br />

Silk Road, where they were treasured for their supposed power to<br />

convey wisdom, promote health and protect their wearer.<br />

Several centuries later in Europe, rubies became the highly prized gems<br />

of royalty, adorning royal crowns and jewellery. Rubies were also the<br />

jewels in early timepieces (and even some current watches), while<br />

today they are used to make lasers and medical instruments. And who<br />

doesn’t remember Dorothy’s Ruby Slippers from The Wizard of Oz?<br />

The popularity of ruby continues today. As the birthstone<br />

of July, the stone’s red colour aptly symbolises romance,<br />

love and passion. The stone is also often seen as a<br />

symbol of success and wealth because of its high value.<br />

In fact, rubies command higher prices per carat than all<br />

other coloured gemstones, except for some fancy colour<br />

diamonds. This is especially true of the so-called Pigeon’s<br />

Blood rubies, a type that exhibits a saturated fiery red<br />

colour. And, nowhere are these high prices more evident<br />

than at the world’s most prestigious auctions where<br />

spectacular rubies are reaching great heights.<br />

Above: The ‘Sunrise Ruby’, a<br />

25.59-ct Burmese ‘Pigeon’s<br />

Blood’ ruby set three auction<br />

records in 2015: the world’s<br />

most expensive ruby, the<br />

highest price per carat, and<br />

a record price for a Cartier<br />

jewel. It sold at Sotheby’s<br />

for US$30.3 million or nearly<br />

US$1.2 million per carat.<br />

(Photo: Sotheby’s)<br />

One of these rubies is the Graff Ruby, an 8.62-ct Burmese Pigeon’s<br />

Blood stone, which broke the record for price per carat when it was<br />

sold at Sotheby’s in 2014. The buyer was luxury jeweller Laurence<br />

Graff who paid US$8.6 million (US$997,727 per carat). Interestingly,<br />

this same stone had been purchased by Graff for half the price eight<br />

years earlier, when he renamed it the Graff Ruby before reselling it.<br />

Helen Molesworth, gem expert, historian and senior curator of the<br />

<strong>Jewellery</strong> Collection at the Victoria & Albert Museum in London,<br />

explains: “In 2006, when Laurence Graff purchased the ruby the first<br />

time, it was in a Bulgari mount. He reset it and then sold it, but when<br />

it came up again for sale in 2014, he repurchased it.” Molesworth has<br />

personally viewed and handled many of the world’s most spectacular<br />

gemstones and jewels, including the Graff Ruby. “It is one of the most<br />

spectacular stones I have ever held,” she adds. “It was a market maker,<br />

visibly showing, in the same stone, a huge jump in<br />

value in just eight years.”<br />

More price records were set in 2015 by the 25.59-ct<br />

Burmese Sunrise Ruby, which fetched US$30.3 million<br />

at Sotheby’s, or nearly US$1.2 million per carat. “This<br />

ruby is one of the most phenomenal stones ever to be<br />

sold at auction,” adds Molesworth. “So little has come<br />

out of Myanmar in recent years that these unique<br />

stones have become truly rare and collectible.”<br />

The 15.99-ct ‘Jubilee Ruby’<br />

ring by Verdura continued the<br />

upward momentum in ruby<br />

prices at auction. It sold at<br />

Christie’s in 2016 for US$14.2<br />

million, or US$904,534 per<br />

carat. (Photo: Christie’s)<br />

The ‘Graff Ruby’, an 8.62-ct<br />

Burmese ‘Pigeon’s Blood’<br />

ruby, broke the records<br />

for overall price and price<br />

per carat in 2014. (Photo:<br />

Sotheby’s)<br />

42<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


Selection of rubies from Hamid Bros.<br />

Left to right: 1.09 cts, 1.08 cts, 2.81 cts,<br />

and 2.09 cts. (Photos: Hamid Bros.)<br />

Yet, it is not only the most spectacular rubies at auction that demand<br />

attention. “Ruby is a historically significant and popular stone, and the<br />

rarity factor is quite enticing,” explains Grant Hamid, of Melbournebased<br />

Hamid Bros. “The rich and various tones of ruby are highly prized,<br />

and being the gemstone for the 40th wedding anniversary and July<br />

birthstone also add to its desirability.”<br />

Susie Robson, director of Sydney-based Sovereign Gems, agrees, noting<br />

that the red stone “has always been one of our bestsellers. We also sell<br />

a lot for ruby anniversary presents.” She adds that “the rich red<br />

colour of ruby has an innate glow thanks to the presence<br />

of chromium, and its hardness of 9 makes it a durable<br />

stone for jewellery.”<br />

“Ruby is simply one of the most beautiful of<br />

all gemstones,” concurs Brendan McCreesh<br />

of Melbourne-based OAGems. “It is widely<br />

considered it to be the best of the best in the<br />

coloured gemstone world. Australian buyers<br />

are far more attracted to the good, strong red<br />

end of the ruby spectrum, whereas most ruby<br />

production has pink tones, which is favoured in<br />

Asian markets.”<br />

Found around the world, the earliest sources of ruby<br />

date back to 2500 BCE in the Mogok region of Myanmar<br />

(Burma). Gems recovered were delivered to the Burmese ruler and<br />

became his property. The red gems are also found in other parts of the<br />

world, most notably in Mozambique, but also in smaller quantities in<br />

Australia, Madagascar, Malawi, Sri Lanka and Vietnam, among other<br />

areas. Mogok has historically produced the finest Pigeon’s Blood rubies.<br />

Selection of rubies from OAGems.<br />

Left to right: Round pair Burmese<br />

rubies, 1.34 cts; Pear-shaped 1.01-ct<br />

Mozambique ruby; Oval 1.15-ct<br />

Mozambique ruby.<br />

(Photos: OAGems)<br />

Rubies come in a range of colour tones, from<br />

deep red to more pinkish hues. Shown here<br />

is a selection of rubies from Sovereign Gems.<br />

Heart: 0.70-ct, Burmese; Pinkish oval: 1.12-<br />

ct, Mozambique; Red oval: 1.03-ct, Burmese.<br />

(Photos: Sovereign Gems)<br />

Burmese star ruby (13.5 cts) accented by black and white<br />

diamonds set in 18K gold by Switzerland-based Elke Berr.<br />

(Photo: Berr & Partners)<br />

“We have always sourced Burmese ruby for most of our ruby stock,”<br />

explains McCreesh, “however, with the political unrest in Myanmar<br />

and the effects of Covid, there has been zero ruby mining in that<br />

country for two and a half years. Premium stones are becoming scarce<br />

and prices are high. For larger stones, Mozambique currently presents<br />

more reasonable pricing than Burmese stones.” He adds that the<br />

“deep red Mozambique rubies are fast becoming familiar in the trade<br />

and the buying public.”<br />

“Provenance of any gemstone does not guarantee quality,” insists<br />

Hamid. “There has been a misconception that Myanmar supplies<br />

only the finest rubies as they have also supplied a huge number of<br />

low-quality stones. As Burma provides very few quality stones today,<br />

the desirability of the beautiful Mozambique rubies—including a<br />

percentage of unheated stones—has gained momentum as they have<br />

achieved greater recognition.”<br />

Whether rubies come from Myanmar or Mozambique or any other<br />

location around the world, whether their colours are Pigeon’s Blood<br />

red or tend towards more pinkish shades, their popularity continues<br />

to rise. Beautiful and unique, rubies are indeed resplendent in all their<br />

glory as the birthstone for July. ■<br />

<strong>June</strong> <strong>2022</strong> 43


LAB-GROWN DIAMONDS<br />

Craig Miller<br />

CEO, JC Jewels<br />

www.jcjewels.com.au<br />

FROM CURIOSITIES<br />

TO ESSENTIALS<br />

The lab-grown category is constantly developing, at a rate faster than most may think. What does<br />

this mean to your business and what does this mean for your customers?<br />

The diamond industry has been dominated<br />

by the mining giants for decades. Lab-grown<br />

diamonds arrived on the scene only recently<br />

with very strong appeal to 20-35 year-old<br />

consumers, a generation less connected to<br />

the vintage slogan ''a diamond is forever''.<br />

This new generation brings with it different<br />

priorities and value propositions. Their focus<br />

is more across sustainability, climate change,<br />

conflict free diamonds and more. Is this new<br />

choice of diamond the perfect fit for the next<br />

generation? Is this going to create the perfect<br />

storm for mined goods? And how will that<br />

impact your mined diamond business in time<br />

to come? Perhaps you might chose to stay out<br />

of the lab-grown field all together, but if you're<br />

on the fence or ready to jump in, how you<br />

plan around this now will defiantly affect your<br />

business going forward.<br />

One year ago, I asked readers Are you selling<br />

lab-grown diamonds? This year I can<br />

ask How many are you selling<br />

each week?<br />

Who could have imagined the<br />

natural diamond business<br />

being disrupted in this<br />

way? Being a first mover in<br />

the LGD market and having<br />

a large footprint in the wholesale space from<br />

day one, I find myself perfectly positioned to<br />

watch the growth. JC Jewels data is in real<br />

time and looking across both natural and labgrown<br />

diamonds, lab-grown is gaining ground<br />

at an astronomical pace.<br />

Some retailers have been natural all the way<br />

and are choosing not to give in to the labgrown<br />

'trend'. Others have embraced LGDs as<br />

another product the consumer is looking to<br />

purchase. I would like to ask readers, have you<br />

engaged this new norm, are you seeing the<br />

benefits of this new choice of diamond and if<br />

you are not participating in this new consumer<br />

choice of diamond what are you doing to<br />

promote and elevate your natural diamond<br />

offering?<br />

America has placed sanctions on Russian<br />

diamonds, in support of Ukraine. With<br />

Russia producing around 30 per<br />

cent of global mined diamonds,<br />

this brings with it global the<br />

possibilities of shortages in<br />

mined diamonds, especially<br />

in smalls and melee goods. In<br />

addition to this, some are looking at<br />

Russian diamonds as potentially being<br />

conflict diamonds due to Alrosa being 30<br />

per cent owned by the Russian government.<br />

This gives some consumers more reasons to<br />

turn to lab-grown.<br />

Companies like WD Lab Grown Diamonds in<br />

America grow their goods in America with<br />

full chain of custody, Sustainability, Climate<br />

Neutrality, As Grown certification and more.<br />

WD Lab Grown could not be positioned better<br />

and report seeing astronomical growth as new<br />

consumers enjoy the story and newness that<br />

comes with lab-grown.<br />

So I ask everyone in retail to consider where<br />

it's all heading. Think carefully about how<br />

much emphasis you should be placing on this<br />

new norm and what your offerings present for<br />

today, tomorrow and the future consumer.<br />

44<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


JC Jewels Pty LTD adheres to following quality assurance principles consistent with the SCS<br />

SCS-007 Jewelry Sustainability Standard Series -<br />

Sustainability Rated Diamond (Standard for Trial Use)<br />

Accredited Wholesaler<br />

AWARDED TO<br />

JC Jewels Pty LTD<br />

Stanley Mathuram, PE,<br />

Executive Vice President<br />

SCS Global Services<br />

2000 Powell Street, Suite 600<br />

Emeryville, CA 94608 USA<br />

-007 Jewelry Sustainability Standard – Sustainability Rated Diamond.<br />

• Confirms that claims made in connection with the SCS-007 Standard pertain only to<br />

Certified Diamonds.<br />

• Accurately and fully represents a Certified Diamond’s source, physical characteristics and<br />

other attributes.<br />

• Uses only approved certification marks, program trademarks and descriptions.<br />

• Does not make untruthful, misleading or deceptive representation with respect to Certified<br />

Diamonds.<br />

• Does not represent a non-certified diamond as Certified.<br />

• Provides transparency around Certified Diamonds as to whether they are: rough or cut;<br />

composite; reconstructed; laboratory grown or natural.<br />

Issuance Date: 9/24/2021<br />

Accreditation Expiration: 9/23/<strong>2022</strong><br />

Accreditation Number: SCS-007-10020-WS


EMERALDS AND DIAMONDS<br />

IN DUBAI<br />

This May, <strong>Jewellery</strong> <strong>World</strong> magazine attended the International Colombian Emerald<br />

Conference at the DMCC in Dubai which discussed market trends and the future of emerald<br />

certification. We caught up with London DE, a British company that presented at the<br />

conference and which trades in Colombian emeralds and natural coloured diamonds.<br />

Based in London’s Hatton Garden,<br />

London DE is the UK’s leading supplier<br />

of certified diamonds, emeralds, rubies,<br />

sapphires and other coloured gemstones. The<br />

company only deals in ethically sourced gems,<br />

and supplies loose stones and creates bespoke<br />

jewellery utilising local businesses in order to<br />

maintain a low carbon footprint and support<br />

the local community.<br />

Please tell us the story and aims of<br />

the London DE company, why it<br />

was formed and where you hope<br />

the journey will take you?<br />

Philip Spencer founded London DE in<br />

2013 with a desire to build an ethical and<br />

sustainable business revolving around his<br />

love for gemstones and jewellery. Since then,<br />

his team has expanded significantly both<br />

internationally<br />

and in terms<br />

of third-party<br />

delivery partners.<br />

In 2020, we<br />

opened our<br />

Colombian<br />

subsidiary, London<br />

DE SAS, in the heart of the emerald district of<br />

Bogota to ensure we’re buying our stones and<br />

materials from the top of the supply chain and<br />

that we know exactly where our materials are<br />

sourced from. This provides transparency of<br />

our mine-to-market chain and cuts out any<br />

middlemen.<br />

In January <strong>2022</strong>,<br />

we opened<br />

our DMCC<br />

(Dubai Multi-<br />

Commodities<br />

Centre) office in<br />

the United Arab<br />

Emirates, giving<br />

us direct access and insight into one of the<br />

fastest growing luxury retail markets in the<br />

world. We hope to become a renown trader in<br />

Colombian emeralds<br />

and luxury fine<br />

jewellery, providing<br />

exquisite pieces for<br />

close to trade value;<br />

both ethically and<br />

responsibly, always.<br />

Since the founding<br />

of the company,<br />

Phil has strived<br />

for a clean and<br />

responsible<br />

business. He<br />

ensures all of our<br />

stones are supplied<br />

from trustworthy<br />

sources, high up in<br />

the supply chain,<br />

which are within<br />

our small circle<br />

of handpicked<br />

suppliers.<br />

Throughout the<br />

whole pipeline, Phil<br />

inspects the working<br />

environments to ensure every employer who<br />

works under us is being paid and treated<br />

fairly, along with the correct health and safety<br />

standards. He ensures we give back to the<br />

communities which we work in or alongside,<br />

and only picks the finest stones to include in<br />

our collections of jewellery which we can trace<br />

directly back to source. Where possible we<br />

remain environmentally conscious by using<br />

a paper-less office and keeping our carbon<br />

footprint to a minimum.<br />

46<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


How important is traceability and sustainability in<br />

your business model?<br />

Traceability and sustainability is at the heart of all we do. Due to our lean<br />

business model, our Colombian emeralds can be traced back directly<br />

to their source. We visit the mines we source from yearly to check on<br />

our miners, as well as our suppliers who work directly with these mines<br />

and its owners. From here we source our stones which we pass through<br />

CDTEC gemmological laboratories to be certified, and then those stones<br />

are set into our jewellery. A clean and lean supply chain.<br />

Not all jewellery and<br />

gemstone traders go<br />

to physically see the<br />

mines they are sourcing<br />

from. Here at LDE we<br />

think it’s important<br />

that we understand<br />

the heritage and<br />

environments of where<br />

our stones come from,<br />

get to know the miners<br />

and their families,<br />

see Colombia and its<br />

beauty for what it<br />

really is.<br />

We work with one of the only government regulated Colombian Emerald<br />

mines in Muzo and within the country, alongside the only government<br />

regulated gemmological laboratory in Colombia; this means that we can<br />

100 per cent guarantee the authenticity of our stones and their origin,<br />

providing transparent sourcing and proof of its responsible extraction.<br />

Colombian emeralds can be difficult to pinpoint – they’re not readily<br />

available within the market unlike other gemstones and when they are it<br />

isn’t very clear as to where they have come from or how they have been<br />

extracted. LDE chooses<br />

the finest stones which<br />

come direct from our<br />

mines, those which<br />

have no oil or minor oil,<br />

with the most vibrant of<br />

colours. We also stock<br />

trapiche emeralds, a<br />

rarity on the market<br />

which can be difficult<br />

to come by within fine<br />

jewellery, found only<br />

within the Colombian<br />

mines. We strive for<br />

transparency with our<br />

customers and business partners, ensuring that our stones are those<br />

which have a short supply chain and certified within Colombia itself. It’s a<br />

unique business model that we believe is important within the industry.<br />

Pandora plans<br />

new factory in<br />

Vietnam<br />

Global jewellery giant Pandora has announced its plans to<br />

open its third manufacturing site, this time in Vietnam. The<br />

$100 million facility will the first of the company’s jewellery<br />

plants outside of Thailand.<br />

Pandora announced that the move will create jobs of more<br />

than 6,000 craftspeople and have an annual capacity of 60<br />

million pieces of jewellery.<br />

The factory will be located in Binh Duong Province, near<br />

Ho Chi Minh City. Construction is set to begin in early 2023<br />

and production is due to start by the end of 2024. It will be<br />

built according to the LEED Gold standard, a green building<br />

certification, and be powered by 100 per cent renewable<br />

energy.<br />

Pandora will also expand its current site in Lamphun,<br />

Thailand, bringing the total investment to $160 million over<br />

the next four years. This will allow Pandora to grow its total<br />

crafting capacity by around 60 percent “and support the<br />

company’s long-term growth ambitions,” according to a<br />

press release.<br />

“By diversifying<br />

its geographical<br />

footprint,<br />

Pandora will<br />

also become<br />

more resilient to<br />

potential supply<br />

disruptions,” the<br />

company stated.<br />

In 2021,<br />

Pandora sold<br />

102 million<br />

pieces of<br />

jewellery, hand-finished at the company’s two crafting<br />

facilities in Thailand. Both facilities operate on 100 per cent<br />

renewable energy and are on track to use only recycled silver<br />

and gold by 2025, according to the release.<br />

<strong>June</strong> <strong>2022</strong> 47


NEW PRODUCTS<br />

Bianc | +61 413 872 810<br />

The Lumière Collection by Bianc.<br />

Handcrafted and finished with exquisite Labradorite, Green Onyx<br />

and freshwater pearls, you are sure to find something to love.<br />

These stunning pieces range from RRP$169-$199.<br />

info@bianc.com.au<br />

@bianc_jewellery<br />

www.bianc.com.au<br />

<strong>Jewellery</strong> Centre | +61 7 3221 3838<br />

<strong>Jewellery</strong> Centre’s new range of huggies in sterling silver / gold plate<br />

- JTH335 – Plain polished, 10mm inside diameter with 1.5mm tube<br />

- JTH560 – Double cut-out tube, 9mm inside diameter with 6mm tube<br />

- JTH564 – Two-tone, 9.5mm inside diameter with 2.0mm tube<br />

- JTH937CZ – Elongated with CZ, 5.5mm inside diameter with 3mm tube<br />

Visit our website for other latest arrivals.<br />

www.jewellerycentreaustralia.com<br />

Stones and Silver | +61 3 9587 1215<br />

.925 sterling silver birthstone necklaces featuring Preciosa<br />

Crystals. Purchase as a set or individually they can also be<br />

engraved for that personal touch.<br />

stonesandsilver.com.au<br />

Worth & Douglas | +64 9 303 4666<br />

New natural ruby designs in time for the birthstone of July.<br />

The featured new designs include a 9ct yellow gold ruby signet<br />

ring, 9ct yellow gold tear drop ruby and diamond pendant, and<br />

a new ruby and diamond ring available in 9ct or 18ct<br />

worthdouglas.com<br />

@wdrings<br />

@ziro_wd<br />

48<br />

jewellery world - <strong>June</strong> <strong>2022</strong>


Zahar | +61 413 872 810<br />

Featuring a wide range of new statement and dainty pieces, this<br />

collection can be made both formal and fun!<br />

The collection ranges from RRP$59-$149. Everything is available<br />

now and ready for order<br />

info@zahar.com.au<br />

@zahar.collection<br />

www.zahar.com.au<br />

Luna Rae<br />

Luna Rae is an Australian designed brand crafted from solid<br />

gold and features ethically sourced diamonds.<br />

New items have dropped showcasing Australian Opals and<br />

Eternity pieces.<br />

www.lunarae.com.au<br />

Ellani Collections | +61 2 9899 1525<br />

Another beautiful addition from the new Ellani Collections<br />

AW22 release.<br />

www.ellanicollections.com.au<br />

Ellendale Diamonds Australia | Desert Rose<br />

<strong>Jewellery</strong> | +61 8 6180 1562<br />

Be seduced by the charms of this delightful solitaire ring in 18K<br />

white/rose gold. Featuring a round diamond D SI1 0.50ct and<br />

6 round Argyle pink diamonds 6/7PP SIAV 0.087ct. 16 tapering<br />

round diamonds G+ SI 0.21 ct.<br />

www.ellendalediamonds.com.au<br />

<strong>June</strong> <strong>2022</strong> 49


chain<br />

PO Box 112<br />

Toronto NSW 2283<br />

P: 02 9380 4742 ∙ F: 02 8580 6168<br />

E: sales@adelaimports.com<br />

Adela Imports offer over 180<br />

designs of sterling silver chain,<br />

with up to 20 lengths available<br />

in each from stock.<br />

Also offering a range of<br />

uniquely designed silver<br />

jewellery.<br />

Catalogue available.<br />

www.adelaimports.com<br />

services<br />

diamonds and coloured stones<br />

for sale<br />

AUSTRALIAN<br />

JEWELLERY TOOLS<br />

WHOLESALER<br />

SPECIALISING IN QUALITY<br />

JEWELLERY TOOLS & EQUIPMENT<br />

WITH EXCEPTIONAL SERVICE<br />

(07) 3876 7481<br />

sales@labanda.com.au<br />

FAX: (07) 3368 3100<br />

ADELAIDE (08) 7221 2202<br />

MELBOURNE (03) 9038 8545<br />

PERTH (08) 6363 5517<br />

SYDNEY (02) 8004 1626<br />

www.labanda.com.au<br />

Fantastic Sea Change Opportunity<br />

<strong>Jewellery</strong> and Giftware Business in Nelson Bay, NSW<br />

Established 21 years ago in coastal area of Port Stephens.<br />

Only 2.5 hours drive north of Sydney. Only one other manufacturing competitor.<br />

Swim software for POS and Stock management, including price tickets. Retail has large<br />

Chubb safe and alarm systems in both locations. Great retail location in Main Street and<br />

workshop located separately 85 meters away in arcade.<br />

Low rent $42K annual for both shops. Both leases negotiable. Large marketable client list.<br />

W.I.W.O $450,000 ONO [Current stock $178K at cost ($501K retail), fittings and equipment<br />

$61K]. Workshop includes display windows, 2 x work benches, Ratner safe and office<br />

fittings only, not tools. Take without stock at $275,000.<br />

Contact Roger 0414 821 931<br />

Glues<br />

services<br />

Chris O’Neill<br />

Piecemaker<br />

2015 YJG Bench Challenge<br />

Hand Engraving Champion.<br />

Also specialising in quality<br />

Handmakes, Repairs and<br />

Antique restorations in the<br />

Sydney CBD.<br />

0405 689 834<br />

MILN & CO. Pty Ltd<br />

Ph: 02 4655 7707 M: 0412 702 834<br />

E:stuart.miln@milnco.com.au<br />

Lancier Watch Bands - Leather, metal, sports.<br />

Watchglasses. Seals. Batteries. Quartz Movements.<br />

Pins/tools. <strong>Jewellery</strong> findings. J C Hurst Bangles.<br />

Fischer Barometers and Tide Clocks<br />

for sale<br />

Retail <strong>Jewellery</strong> Business for Sale<br />

Established 35 years ago in<br />

busy Gold Coast street location.<br />

Includes retail fit out, fully<br />

equipped jewellery, valuation and<br />

watchmaking workshops. Would<br />

suit a manufacturing jeweller<br />

specialising in design and makes<br />

and/or watchmaker.<br />

Owners seeking to retire<br />

$75,000 plus stock at cost.<br />

Contact Norm on 0450 903 325.<br />

Relaxing ...<br />

Unwanted Bulldozer - selling for scrap<br />

Negotiable<br />

Canberra, ACT<br />

Business<br />

For Sale<br />

Showcase Jewellers<br />

- Camperdown<br />

A fine jewellery and<br />

giftware store that has been<br />

operating successfully for<br />

70 years with solid six-figure<br />

returns. Proudly associated<br />

with Showcase Jewellers, a<br />

premier buying group with<br />

around 250 stores, allowing<br />

the business to access the<br />

best diamonds and jewellery<br />

from around the world, at<br />

locally competitive prices.<br />

$300,000<br />

Secrets Shhh –<br />

Melbourne CBD<br />

A rare opportunity to buy<br />

into this exclusive growing<br />

national retailer, located in<br />

the prestigious Royal Arcade<br />

run under management.<br />

The best thing about this<br />

franchise business is that<br />

you don’t need to be a<br />

jeweller, and all items are<br />

sourced centrally and<br />

delivered, then the team of<br />

staff help customers choose<br />

what they love.<br />

$200,000<br />

GEELONG & SW VICTORIA<br />

(03) 5259 9970<br />

GREATER MELBOURNE<br />

(03) 9372 0243<br />

MORNINGTON PENINSULA<br />

(03) 5986 3348


Calling all Suppliers<br />

Calling all Suppliers<br />

Calling all Suppliers


SPECIALISING IN ITALIAN MADE<br />

TENNIS MOUNTS AND GOLD CHAINS

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