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Diamond Industry Supply Chain - Coggle Diagram
Diamond Industry Supply Chain
Exploration & Mining
Stakeholders
Governments: Regulate mining activities and collect taxes.
Local Communities: Affected by mining activities; their consent and well being are crucial.
Mining Engineers: Plan and oversee the extraction process.
Geologists: Conduct geological surveys and identify potential mining sites.
Companies
De Beers: Dominant player, operates in multiple countries.
Alrosa: Russian company, one of the world's largest producers.
Rio Tinto: Operates the Argyle mine in Australia.
Dominion Diamond Mines: Operates in Canada.
Sorting & Grading
Cutting & Polishing
Certification
Companies
GIA: Leading certification agency.
IGI: International Gemological Institute, widely recognized.
Forevermark: De Beers' own certification brand.
Stakeholders
Certifying Agencies: Provide certificates of authenticity and quality. •
Consumers: Rely on certificates for purchasing decisions.
Wholesale Distribution
Companies
Blue Nile: Online diamond wholesaler.
RapNet: Largest online marketplace for diamonds.
Polygon: B2B digital platform for gem and jewelry industry.
Stakeholders
Wholesalers: Buy in bulk and sell to retailers.
Brokers: Facilitate deals between miners and wholesalers.
Retailers: Purchase from wholesalers to sell to consumers.
Retail
Companies
Tiffany & Co.: Luxury jewelry retailer.
Signet Jewelers: Operates Kay Jewelers, Zales, and other brands.
Chow Tai Fook: Leading retailer in China.
Stakeholders
Retailers: Sell to the end consumer.
Consumers: Final purchasers of diamonds.
Post-Sale Services
Companies
WP Diamonds: Buys used diamonds.
Circa: Offers premium prices for high-quality used diamonds.
Mondiamo: Online platform for diamond resale.
Stakeholders
Retailers: Offer maintenance and repair services.
Secondary Market Platforms: Facilitate resale and recycling.
Consumers: Utilize these services for long-term value.
Companies
Rosy Blue: One of the world’s largest diamond manufacturers. •
Leo Schachter: Known for its patented diamond cuts.
KGK Group: Operates in multiple countries offers a range of diamond services
Stakeholders
Skilled Artisans: Perform the delicate task of cutting diamonds.
Factory Workers: Assist in polishing and other tasks.
Companies
De Beers' IIDGR: International Institute of Diamond Grading & Research. •
GIA: Gemological Institute of America, sets international grading standards.
HRD Antwerp: European-based diamond grading lab.
Stakeholders
Gemologists: Experts who grade and classify diamonds.
Quality Control Analysts: Ensure that grading adheres to international standards.