Lucapa unearths another +100ct diamond from Lulo

Lucapa Diamond has recovered another +100 carat diamond at its 40%-owned Lulo alluvial mine in Angola. It said the 104-carat D-colour white stone was unearthed from Mining Block 46 (MB46).


Luk Fook’s jewellery sales improve in Q3; eCommerce sales outstanding

Hong Kong jewellery retailer Luk Fook Holdings (International) Ltd saw continued improvement in sales in the third quarter of the fiscal year 2021, thanks to sustained economic revival in China. The retail sales from October 1 to December 31...


AGD DIAMONDS unearthed first large diamond in 2021

On January 16 this year, the Grib Mining and Processing Division of AGD DIAMONDS unearthed a gem-quality diamond weighing 51.57 carats.


Lucara unearths 341ct diamond at Karowe mine

Lucara Diamond has recovered an unbroken 341-carat top white gem-quality diamond from its wholly-owned Karowe Diamond Mine in Botswana. It said the diamond was recovered over the holiday period from the milling of ore sourced from the southwestern quadrant...


Mountain Province Diamonds announces full year 2020 production results

Mountain Province Diamonds Inc. announced full year production and sales results from the Gahcho Kué Diamond Mine.


Rapaport Weekly Market Comment

11 january 2021

( - Diamond trade ends challenging 2020 with 1 ct. RAPI +5.8%. Firm polished prices reflect inventory decline after significant drop in manufacturing and rough sales. Optimism for 1Q as jewelers and dealers seek goods following the holiday season. Retail outlook still cautious amid spike in global Covid-19 infections. Lockdowns may curb jewelers’ inventory replacement efforts. Rising expectations for China jewelry sales ahead of Feb. 12 lunar festival. Tiffany & Co. Nov./Dec. sales +2%, Asia Pacific +20%, Americas -5%, e-commerce up more than 80%. Titan Company jewelry sales +15% during 3Q Diwali period. Russia resumes KP chairmanship after 2020 meetings suspended.