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Lulo diamond sale rakes in $7.3m, says Lucapa

Lucapa Diamond and its partners Endiama and Rosas & Petalas have sold 4 126 ct of diamonds from their Lulo project in Angola for $7.3 million.

Yesterday

Bonhams offers exceptionally rare Cullinan diamonds at auction

Two collections of “extremely rare Fancy Vivid Yellow diamonds” will headline Bonhams London Fine Jewellery sale on December 7, according to IDI news portal.

Yesterday

Botswana Diamonds discovers kimberlites of up to 1.15 ha in size at SA project

Botswana Diamonds said results from the survey work conducted at its Free State project, in South Africa, has indicated that sizes of kimberlites found ranged from 0.3 hectares to 1.15 hectares.

Yesterday

Richemont published its interim report and accounts for the 6 months ended 30 September 2017

Richemont announced the publication of its interim report and accounts for the six months ended 30 September 2017.

Yesterday

Wedding research website says engagement ring prices on the rise

Prospective grooms are spending significantly more money and time on their engagement ring purchase than they did five years ago, according to Rapaport citing a wedding resource website The Knot.

Yesterday

Lucara Diamond's (LUCRF) CEO William Lamb on Q2 2017 Results - Earnings Call Transcript

13 september 2017
(seekingalpha.com) - The revenues for Q2 set at just under $80 million or over $1,300 per carat of that obviously being driven by the exceptional stone tender, which we had in Q2 with diamonds recovered from both Q2 and Q1 being sold. That brought our revenue for the year to just over $105 million or just under $106 million. We compare that to the $140 million from last year for Q2 and a high number Q3. So operating margins again were very strong at 82% and this comes again from what I think management and the guys on started to do a very good job on, and that is focusing on cost control. And I’m sure that there almost going to be one or two questions around the mining contractor.

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