Word: roughs
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...than a thousand diamond cutters file into Surat's spotless Venus Jewel factory, each pressing his thumb on an electronic fingerprint scanner that releases a turnstile. After removing footwear, to ensure they don't leave with diamonds stuck to their soles, the cutters are handed plastic bags filled with rough diamonds. Operating lathes and lasers, they slice, polish and facet the cloudy crystals into sparkling gems, churning out about $150 million worth each year. Venus and several hundred other factories, employing 300,000 cutters in total, have made Surat the heart of India's thriving diamond-polishing industry, which last...
...Although India dominates the polishing business, it produces almost none of the world's diamonds. Most rough stones are mined in Angola, Botswana, Namibia and Russia, and then find their way to Antwerp, where ultra-orthodox Hasidic Jews form the nerve center of the international diamond trade. With contacts from Tel Aviv to New York City, Hasidic businessmen have controlled the polishing and selling of diamonds for generations?until, that is, the Indians began butting...
...MINING The ore, known as kimberlite, is dug or blasted from mines; the deposits are then crushed and boiled in grease and water to separate the diamonds. About 80% of the world's rough stones come from Angola, Australia, Botswana, Namibia, Russia, South Africa and Zaire...
...SORTING The rough diamonds are sorted and valued depending on shape, quality, color and size before being sold to cutting centers, primarily in Antwerp, Bombay, New York and Tel Aviv. The value of diamonds sold to the world's cutting centers each year is nearly $10 billion...
...just couldn’t get in a rhythm,” Morgalis said of his rough start. “I like to get the ball back and just go to the next pitch. It keeps your defense in it, and it kind of keeps the batter guessing...