Login

Pavel Vinikhin: ALROSA will make a worthy contribution to the revival of the ‘Russian Cut’ Brand

ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division. For a long time, the activity of DIAMONDS ALROSA remained in the shadows, only occasionally attracting...

16 october 2017

William Lamb: Lucara now knows best routes to market large stones

Lucara Diamond recently announced that Graff Diamonds had bought its 1,109 carat diamond Lesedi La Rona for $53 million. The stone, which is the world’s second largest diamond found since the discovery of the 3,106-carat Cullinan diamond in 1905, failed...

09 october 2017

GSI was the first in the world to begin testing of smaller size diamonds in bulk and has never looked back since - Mark Gershburg

With more than 30 years of experience in the gem lab sector under his belt, Mark Gershburg is an industry veteran widely popular in the global gem and jewelry industry. He began his career in 1980 as a grader but his professionalism, creativity, and...

02 october 2017

Gaetano Cavalieri: Over the long term, demand for diamonds is likely to grow at a steady pace

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

25 september 2017

“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 2017

Lulo pockets $3.8m in first diamonds sale for 2017 – Lucapa

17 february 2017
Lucapa Diamond said it sold a parcel of 2,946 carats of Lulo diamonds from Angola for $3.8 million to mark its first sale for the year.
The diamond miner, which owns Lulo together with Endiama and Rosas & Petalas, said the stones sold achieved an average price of $1,276 per carat.
“The sale comprised diamond recoveries up to 31 December 2016, which included a 75 carat diamond that was recovered in November and a 55 carat diamond recovered in December,” company managing director Stephen Wetherall said in a note.
He said the diamonds sold by Lulo alluvial diamond mining company Sociedade Mineira Do Lulo through the Angola government’s SODIAM, were the first to be cleaned by the new diamond deep boiling facility installed at Lulo last December.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished

Comments

Only registered users can add comments (Register, Login)