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Diamond polishing factory announced

June 1, 2009
by Norm Tollinsky
In: News with 12 Comments

A new diamond cutting and polishing factory in Sudbury is the latest spinoff of De Beers’ billion-dollar Victor diamond mine in Ontario’s James Bay Lowlands. Crossworks Manufacturing, part of the Antwerp, Belgium-based HRA-SunDiamond Group, will create approximately 50 jobs in the community once the facility is fully operational later this year.

Crossworks was one of several diamond cutting and polishing companies bidding for the rights to cut and polish 10 per cent of De Beers’ rough diamond production from Victor as part of a local beneficiation deal worked out by De Beers and the Ontario Ministry of Northern Development and Mines. The 10 per cent cut equates to approximately $25 million worth of diamonds.

The company will initially import staff from its operation in Vancouver and experienced diamond polishers from its factory in Vietnam to ramp up and begin training local polishers.

Diamond polishing takes a considerable amount of skill, said Crossworks marketing director Dylan Dix. “If you bugger up a bolt, it’s a couple of bucks, but if you bugger up a two-carat diamond, it’s $20,000.”

The imported labour force will remain in Sudbury for the 12 to 18 months it will take to complete the training of local polishers.

Crossworks will purchase Victor diamonds from De Beers’ Diamond Trading Company, and sell them to retailers across North America, including the larger Canadian-owned jewellery chains.

The closure of several diamond polishing factories in Yellowknife, including the January shutdown of a Laurelton Diamonds polishing factory owned by Tiffany & Co., shouldn’t be interpreted as an omen for the viability of such enterprises in Canada, said Dix.

“We’ve been in Canada since 1982, so as a Canadian company, we have a vested interest in the logic behind local beneficiation. Other companies have gone up north to gain access to roughs (from diamond mines in the Northwest Territories) and now want to move elsewhere. The reason for our success is we want to build it here.”

The availability of skilled labour and the higher cost of operating in Canada aren’t issues for Crossworks, said Dix.

“We’ve been polishing diamonds in a factory on the 21st floor of an office tower in Vancouver for 10 years. It’s probably the most expensive rent in the city and we’ve been successful.”

The high quality of the Victor diamonds – said to be among the highest quality in the world – should contribute to the viability of the Sudbury operation as diamond miners, including De Beers, cut back production and postpone planned mine developments as a result of the current recession and a falloff in consumer spending.

“The average run of mine in the Northwest Territories is around $130 per carat. At the Victor Mine, it’s between $400 and $450 per carat, so the quality is spectacular,” said Dix. “De Beers’ Snap Lake Mine in the Northwest Territories took out 1.2 million carats in 2008. Victor produced about half of that, but they were the same in value.”

Crossworks, one of the founding members of the new Canadian Diamond Bourse, also plans to open a sales office in Toronto.

“The establishment of our factory is a great beginning for us in Ontario and will put Greater Sudbury on the global diamond map,” said Crossworks’ president, Uri Ariel. “As a Canadian company, we are excited about the possibilities that this offers the jewellery industry, the City of Sudbury, the province of Ontario and Canada.”

www.sundiamond.be

 

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12 Comments

  1. suresh m kavadNovember 1, 2012 at 11:40 pmReply

    hi harley……………………
    hi send me [email protected]

  2. AmitNovember 26, 2012 at 5:59 amReply

    Att. sir I have 15 yrs of experiance in leading dtc site holder co. in high quality of big diamonds.Now I look forward new co. in Canada for new adventures job.I can do many more things to setup factory.Plz send me updates of vaccancies.Thanks…

  3. VardanDecember 17, 2012 at 1:59 pmReply

    Hello!I have 20 years experiance in diamonds cutting industry,I live in Montreal,I am looking for people how wants to cut his rough diamonds!We have small manufactry in Montreal!My name is Vardan Sukiasyan!email [email protected] Thanks!!!!

    • DARSHANMay 29, 2013 at 11:09 amReply

      hello,i’m darshan ,i’m mauritian.i’ve 26 yrs of exp in diamond. i know almost all operation also preparation of rough stone.i,d like to work in canada if you give me a chance. Thanks.

  4. James ShahJuly 30, 2013 at 7:41 amReply

    Hi Harely,
    Are you working or still looking for New adventure.if you wants you send me your CV
    [email protected]

    Regards
    James

  5. GEVORG GEVORGYANAugust 7, 2013 at 5:02 amReply

    I AM A SPECIALIST OF MANUFACTURING DIAMOND. I HAVE 25 YEARS EXPERIENCE. I HAVE WORKED AS A SORTER, AN ESTIMATOR,A POLISHER, A TECHNOLOGIST, AND A HEAD OF THE PRODUCTION. SEVERAL TIMES I WAS AWARDED AS THE BEST CHIEF IN THE PROCESSING OF DIAMOND FIELD.NOW OUR FACTORY IS CLOSED , I AM GLAD TO DEAL WITH YOU. THANK YOU .WITH REGARDS GEVORG GEVORGYA

  6. VardanJune 9, 2014 at 12:45 pmReply

    Hello!I have 20 years experiance in diamonds cutting industry,I live in Montreal!I I cut round diamonds. email [email protected] Thanks!!!!

  7. Manish M . GhadialiJuly 18, 2014 at 1:01 amReply

    I would like to work in canada diamond manufacturing company please send me the updeats of vacancies
    .I have 12 yers experience in rough diamond planing .I am marker to rough diamond.i can decide the how rough to polish diamond so please reply me .my email idd [email protected]

  8. vimlesh koratSeptember 27, 2014 at 12:51 amReply

    I am diamond polishar 25 years experience round shep making fool polishing top bottom and star and haf I am working 2 year Botswana and 1 year Moscow work have vacancies you call me my number +919913690053 surat

  9. Nirav PatelNovember 24, 2014 at 12:47 amReply

    i would like to work in Canada in diamond manufacturing industry. i have 10 years experience in rough diamond cliving with laser inclusion marker. i have also knowledge of polish diamond cutting side, day by day i giving best result in my work. contact me at [email protected]

  10. Nirav PatelNovember 24, 2014 at 12:52 amReply

    i would like to job in Canada diamond manufacturing industry, so any good company offer me to come Canada. i send my cv

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