New Foundry Opened in San Francisco Sep 23, 2017 BY Diamond Foundry IN News Releases We are pleased to announce that we are now shipping diamonds out of our new foundry in San Francisco, which has a capacity of 100,000 carats per year. Our new SF foundry is America's largest above-ground diamond production. Relative to diamonds extracted underground in Africa and Russia, which operate at an industrial scale unlike any other human activity, it is certainly still a boutique operation -- making ours the rarest of all gem quality diamonds. An incredible amount of American craftsmanship went into designing our foundry and its reactors. Our foundry consists of batches of plasma reactors that cul
Standard Chartered thought it would be great to expand a unit making loans secured by the jewels. Now it wants out Sep 11, 2017 Franz Wild, Thomas Biesheuvel, and Stephen Morris Standard Chartered Plc’s plunge into the risky business of diamond lending began a little more than eight years ago with a cocktail party at its London headquarters. Maurice Tempelsman, longtime companion of the late Jackie Onassis and head of one of the biggest U.S. diamond companies, was there. So were diamond trader Dilip Mehta, who’d been made a baron by the king of Belgium, and other luminaries from the industry of middlemen who buy rough stones, polish them, and sell them to jewelers and retailers. Fl
