Dubai, UAE; 21 February: Stargems Group, holds prominence in manufacturing, wholesaling, retailing, and tendering of diamonds. The group revealed a one-of-a-kind 103.49-carat polished diamond at the prestigious Dubai Diamond Conference, held in the iconic Atlantis, Palm Jumeirah this month. The unique gemstone is a D-Flawless, Type II-A, Emerald cut diamond. The gemstone was cut from a 299.3-carat rough stone, acquired by Stargems Group last year from Petra Diamonds. The rare rough diamond was unearthed from the Cullinan mine in South Africa.
The dazzling gemstone inspires awe at sight, catching and reflecting light for mesmerising effect. Type II A diamonds are one of the world’s most rare and highest valued diamonds, representing only 1-2% of all mined diamonds in the world due to their purity and rarity. The Cullinan Mine has a rich history of producing the world’s largest and highest quality stones, including Type II stones. This legacy, paired with the expert craftsmanship of the Stargems diamond cutters, has given rise to a precious and unparalleled gemstone set to make waves in the industry.
The Dubai Diamond Conference, bringing together the world’s most notable industry leaders, provided the perfect opportunity to showcase the exquisite stone.-. The international conference was held under the theme "The Future of Diamonds", addressing rising topics in the diamond industry such as market trends, insights, and the resilience of the diamond in challenging economic conditions such as the pandemic. Ahmed Bin Sulayem, Executive Chairman, and CEO, DMCC, attended and opened the event, which sold out to an audience of 800 attendees.
Stargems Group Chairman, Shailesh Javeri commented: “Acquiring the rough stone from Petra Diamonds last year was a significant achievement for us and it is an honour to unveil the polished diamond here at the Dubai Diamond Conference. It gives us enormous pride that the polished diamond was cut and polished in its birthplace of South Africa. Stargems PTY,a beneficiation license holder, is deeply invested in developing the skills of its employees. With high-quality tools, state-of-the-art equipment, and hands-on training, Stargems PTY ensures its proficiency in all areas of the rough beneficiation process to deliver an outstanding finished product. At Stargems Group, our motto is ‘Growing Together with Transparency’ and the unveiling of this diamond represents our commitment to this as we continue to set new standards while upholding our core values in the dynamic fine diamond manufacturing industry.”
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