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Diamond Portraits: Hugo Dummett

Each year, the Hugo Dummett Diamond Award is given to a person or persons who have made a significant contribution to diamond exploration, discovery, or mine development. Hugo Dummett, the man after whom the award was named, is a legend in the diamond exploration industry, despite the fact that most people outside the world of geology have likely never heard of him. Dummett has been aptly described as "the brains, the ideas and the energy" behind the discovery of the Ekati diamond mine in Canada. He is also largely responsible for bringing mining powerhouse BHP Billiton into the diamond industry. 

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Diamond Portraits: Monty Charles

If you work in the diamond industry and know the name Monty Charles, you are dating yourself for a younger generation who has likely never heard of him. However Ernest "Monty" Charles was one of the principal architects of the modern diamond industry and the Sight system created by De Beers. He commanded the power within De Beers to decide which diamond parcels went to which clients, as well as who was on or off the Sightholder list. With De Beers controlling over 80% of the market at the time, and with Monty Charles in charge of both the buying and selling operations of De Beers, he was almost a monopoly in and of himself. 

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Diamond Portraits: The Asschers

The Asscher family is one of a handful of diamond dynasties that have made an indelible mark on the diamond industry. The company bearing their name has been working in diamonds for over 150 years and is still run by the descendants of its founder. The Asschers have been responsible for cutting some of the most famous diamonds in history and, more recently, have been at the leading edge of design and development in diamond manufacturing and design. 

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Diamond Portraits: Joseph Goldfinger

Most people accept that Ian Fleming named the villain in his 1964 James Bond novel after architect Erno Goldfinger, who lived down the street from Fleming. However, a devout few still believe that Goldfinger was actually the product of Fleming's chance encounter with legendary diamantaire, Joseph Goldfinger, whom he met on a fact-finding trip to Charterhouse St. Joseph Goldfinger would later become known as "Mr. Diamond," and many credit him with putting the Israeli diamond industry on the map.  

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Diamond Portraits: Cartier

 Any list of the most respected and valuable jewelry brands will no doubt have Cartier at or near the top. For the past 170 years, Cartier has been at the forefront of premium jewelry design and fabrication. Their focus on beautiful and unique designs using only the most premium quality gems has helped them build an elite reputation. While the Cartier brand is no longer held by the family that bears its name, it was a family-run business for over 100 years before it was sold.

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The diamond industry pipeline starts with mining, then rough trading, manufacturing, jewelry setting and finally retailing. It may look like a short and efficient journey, however it is anything but t...
It might surprise people to know that there are only around 50 active diamond mines in the world. These mines never seem to be found on the outskirts of major cities. Instead, they are usually located...
We have seen how the industry has undergone significant changes over the past 20 years and how smaller companies have emerged to play an increasingly important role in supplying rough diamonds to the ...
When I discussed fancy brown diamonds in last week’s article, I stated that unlike other fancy color shades that are extremely rare in nature, brown diamonds are plentiful and therefore command much l...
In the last two decades, much has been said about an impending demand vs. supply imbalance in the diamond industry. Huge mines discovered over the past 40 years are nearly mined out, some argue, and n...
A major diamond rush, located in Lüderitz (in the former German colony of Deutsch-Südwestafrika - German South West Africa) is among Namibia’s most famous diamond sites. In 1907, the Germen railroad w...
When most people hear about diamond mining, they think of South Africa, where diamonds were discovered in 1866 in the Kimberley region. A 15-year-old boy discovered the now-famous 21.25-carat Eureka D...
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