Blogs: Supplier News

Supplier News: Week of May 10


Diamonds Do Good Debuts Project Bracelet…

Diamonds Do Good (formerly Diamond Empowerment Fund) has announced a new initiative: Project Bracelet, which invites designers from around the world to create a new signature bracelet that defines the organization.

The Green Malachite bracelet (pictured here as worn by original brand ambassador Kimora Lee Simmons) has symbolized the mission of the global nonprofit since 2007.

Submissions are now open for those hoping to create the next iconic bracelet for the organization. Designers should keep with the theme of Growth, Unity, and Equality when crafting their designs. All entries are due by June 28.

“Diamonds Do Good was inspired by the honorable Nelson Mandela, whose legacy shines as a beacon of hope and healing,” said cofounder Dr. Benjamin F. Chavis in a statement. “We want this next generation bracelet to be a symbol of all our hopes and dreams.”

The top three finalists will be announced on July 18, on what would have been Nelson Mandela’s 103rd birthday. A group of industry leaders will choose the winning design, which will be featured on the Diamonds Do Good website, with donations benefiting the Flaviana Matata Foundation. The winner will also have the potential to be featured at Jared the Galleria of Jewelry.

For more information and to submit your entry, visit

HB Antwerp and Sarine Partner in Technology…

Sarine Technologies—manufacturer of precision technology products for the evaluation, planning, processing, grading, and trading of diamonds and gemstones—has announced a partnership in technology with HB Antwerp.

Based in Antwerp, Belgium, HB is focused on technology-driven sourcing, analyzing, cutting, and polishing of diamonds. Through its new partnership with Sarine, it seeks to enhance its own unique blockchain and traceability proprietary technologies to authenticate each stage of its value chain.

Sarine will be providing its Galaxy scanning, planning, and AI-grading technologies, which will be fully integrated with HB’s proprietary technologies from rough sourcing to the final polished result.

The companies have also agreed to explore the codevelopment of new technologies based on their research and development centers in Israel and Belgium, respectively.

“HB Antwerp’s ecosystem is a significant step toward the much-needed optimization of the diamond industry value chain,” said Sarine Group CEO David Block in a statement. “This new paradigm combining producers, manufacturers, and retailers underpinned by the latest technologies has the potential to revolutionize our industry. We are proud to be a partner in this new paradigm and are very excited about the potential of this new and innovative ecosystem.”

For more information, visit and

Top: Kimora Lee Simmons, original brand ambassador for Diamond Empowerment Fund, in 2007, wearing the Green Malachite bracelet that has symbolized the mission of the global nonprofit (photo via Diamonds Do Good)

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By: Brittany Siminitz

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