Sarine Launches Rough Reports - with Dollar Valuations

By John Jeffay / March 16, 2022 / www.idexonline.com / Article Link

(IDEX Online) - Sarine is utilizing its scanning and mapping technologies to provide accurate dollar valuations of rough diamonds in terms of their polished potentialIt is harnessing digital data from its existing Galaxy, DiaExpert and Advisor products The company says this information will provide the finance sector with the confidence to extend to working capital for a polishing operation,s or credit against the documented rough stones as collateral, for trade, financing and insurance purposes.Sarine is launching the service with Mazalit, which provides financial and logistical services to the diamond industry.  Both companies are based in Israel."The ability to allow regulated financial entities to provide working capital against rough diamonds as collateral is an important and meaningful development for the diamond industry," said David Block, CEO of Sarine.

Recent News

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com

Low valuations offer a cushion to mining sector

January 06, 2025 / www.canadianminingreport.com

Polarized gold and iron ore moves, moderate aluminum and copper gains

December 30, 2024 / www.canadianminingreport.com

Large TSXV stocks strong on company specific drivers

December 30, 2024 / www.canadianminingreport.com

Canadian political turmoil with Trump trade policy the catalyst

December 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok