G7 Diamond Sanctions: Sarine Launches Rough Diamond Traceability System

Surat : As the diamond industry anticipates potential G7 diamond sanctions on Russian-sourced diamonds, Sarine Technologies, based in Israel, has introduced a groundbreaking innovation set to transform the landscape of rough diamond trade. Sarine’s latest introduction, the ‘Sarine AutoScan™,’ aims to revolutionize the traceability and verification of rough-to-polish matching, promising the highest level of confidence in diamond sourcing.

This marks the first time such a comprehensive rough diamond parcel registration system has been launched, catering specifically to rough miners and wholesalers worldwide. The inaugural beneficiary of this cutting-edge technology is the Stargems Group, a renowned Indian company with over four decades of experience in rough diamond trading.

The pivotal necessity for registering rough diamond parcels demands an efficient solution capable of processing substantial volumes of diamonds in minimal time. This revolutionary system eliminates the need for transporting stones to specific facilities, providing a platform for entities and countries to register their diamonds seamlessly, endorsing verifiable traceability.

The Sarine AutoScan™ Plus system, employed at the source of the rough diamonds or in close proximity, brings forth three fundamental advantages:

Equal Opportunity Registration: Ensures that all players, regardless of location, have fair access to registering their rough supply.

Cost-Effective Solution: By eradicating shipping time and associated costs, the system streamlines the process with minimal overhead.

Robust Diamond Tracing: Utilizes Sarine’s data-based ‘Sarine Diamond Journey™’ solution, ensuring consistent and reliable rough-to-polish matching and tracing.

After the initial registration of rough stones, subsequent automated registrations occur at the semi-rough and polished stages, ensuring a consistent and verifiable journey from the stone’s origin.

Sarine’s CEO, David Block, highlights the transformative nature of this system, emphasizing the need for low-cost, data-based, verifiable traceability for a broad spectrum of diamonds, believing it to be crucial for the future of natural diamonds.

“The compact, cost-effective, and highly efficient nature of the AutoScan™ Plus system marks a significant advancement for rough miners and suppliers, allowing registration at the source with minimal disruption to existing processes” said Block.

Shailesh Javeri, Chairman of Stargems Group, emphasizes their dedication to meeting the evolving needs of suppliers, customers, and the industry as a whole, aligning with the pressing necessity for a highly reliable traceability program, as emphasized by G7 policies and Environmental, Social, and Governance (ESG) developments.