Lab-grown diamond jewellery sales to breach the 10% mark for the first time this year – Zimnisky

The supply and demand for man-made diamonds had been on an increase in recent years, much to the discomfort of the natural diamonds industry. Some companies in the mid-stream segment of the natural diamond industry are now involved in the lab-grown business...

28 november 2022

Diamond mining and diamond synthesis: Which is more efficient?

Vladislav Zhdanov - Professor at the National Research University Higher School of Economics and former Vice President of ALROSA (2015-2018). He is a physicist by profession. Vladislav Zhdanov was educated at the Ural Federal University (General...

21 november 2022

The success of TAGS over the past 5 years has encouraged many large tender houses to establish regular and sizeable tender operations in Dubai

Mike Aggett is an experienced Private Consultant with a demonstrated history of working in the mining and metals industry. Skilled in Luxury Goods, Business Planning, Sales, Gemology, and Jewelry, Mike is a professional who graduated from Dover College...

14 november 2022

It all starts with stones - it is they that give impetus, determine the image and embodiment

Maxim Selikhov is the founder of the SelikhoV Diamonds brand launched in 2006, and the company manufactures unique handmade jewellery with rare high-quality gemstones. He is also known as a collector of unique and large-size jewellery stones who considers...

07 november 2022

‘Our technologies – CVD machines and growing technology – are game changers’, asserts Arnaud Flambeau, Executive Chairman, 2DOT4 Diamonds LLC

Arnaud Flambeau is the Executive Chairman of ‘2DOT4 Diamonds LLC’, Dubai, a fully integrated lab-grown diamonds company. The Company provides rough 'as grown' diamonds, in-house polished IGI certified loose polished diamonds and high-quality...

31 october 2022

Luaxe kimberlite to help Angola double output by 2022

10 february 2017
Angolan diamond company, Endiama said the recent discovery of Luaxe, which is regarded as the country’s largest kimberlite mine, will double the country’s output by 2022.
The country currently produces 8 million carats per annum.
Luaxe was projected to record an annual output of between 8 million carats and 10 million carats.
“We are currently producing 8 million carats per year and with Luaxe kimberlite we are going to double the output in five years,” Company chief executive Carlos Sumbula told an Angola Business Forum held on the sidelines of the Investing in African Mining Indaba in Cape Town.
Luaxe was found by Endiama and Russia’s Alrosa in 2015.
It was bigger than the Catoca, which currently produces about 80 percent of the country’s total diamond output.
Catoca was also the fourth largest kimberlite in the world.
Alrosa president Andrei Zharkov said last September that they were expecting to begin diamond production at the Luaxe diamond project within three to four years.
He said capital investments in Luaxe project during its mine life was estimated at $1 billion.
The kimberlite mine was expected to have a 30 year-lifespan and its reserves stood at about 350 million carats.

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