Powder-bed based additive manufacturing processes such as Selective Laser Melting (SLM) offer a huge degree of freedom, both in terms of part design and material options. In that respect, mixtures of different materials in powder form can offer new ways for the manufacture of materials with tailored properties for special applications. A promising field of applications is e.g. additive manufacturing of metal-based cutting or grinding tools with incorporated hard phases. For that purpose a feasibility study was performed concerning SLM of a Cu-Sn-Ti alloy powder, which is usually used for active brazing of ceramics and superhard materials, containing 10-20 vol.-% artificial, Ni-coated mono-crystalline diamonds. Even though the processing parameters were not yet optimized, stable specimens containing intact diamonds could be produced. First results on density and microstructure are presented and discussed.