“Lab-Grown Diamonds is probably the biggest scam this industry has ever seen,”: Leibish Polnauer, Founder-President, Leibish & Co.

An interesting story from the Leibish & Co takes you way back to the year 1979 when young Leibish Polnauer, then a diamond polisher, was travelling to London, having just found out that the factory at which he worked had been shut down. He found an advertisement...

24 june 2019

Botswana mining industry players speak on speculative exploration licences

Speculative mineral exploration licences was a recurring theme from presentations made by three players in Botswana mining industry at a conference convened in Gaborone. The country has issued thousands of exploration licences, across the mining industry...

17 june 2019

Design is the key to all markets

Besides being an astute businessman, Mumbai-born Laksh Pahuja is a designer par excellence known globally for his awe-inspiring unusual jewellery pieces. Trained at the Gemological Institute of India and Harrow College of Art England, Laksh combines...

10 june 2019

Mutual mass destruction will not serve anybody’s purposes

The recent moves by the U.S. Federal Trade Commission (FTC), including its letters urging some companies to abide to the revised edition of FTC Jewelry Guides and the explanations from FTC attorney Robert Frisby posted on the FTC website were...

03 june 2019

Pavel Sokolov: Every stone has its beauty

THE ‘GEMSTONES BY SOKOLOV’ brand has been popular for over 25 years. The aim of this company is to supply any kind of gem studs to the Russian market including the unique ones except diamonds of any cut. The product range by the SOKOLOV Company is very...

27 may 2019

Lucapa unearths 89 ct yellow diamond from Mothae

02 july 2018
Lucapa Diamond has recovered an 89 carat yellow diamond from its 70 percent-owned Mothae diamond project in Lesotho ahead of commercial production in the second half of the year.
It said the diamond was recovered from the current bulk sampling programme at the mine as construction of the new 150 tonne per hour commercial diamond plant continued on schedule. 
“Having recently recovered a 25 carat yellow diamond from the previously untested neck zone in our bulk sampling program, we are tremendously encouraged that this 89 carat diamond was recovered from the south-east zone, an area of the Mothae kimberlite pipe where there has been very limited historical testing,” said Lucapa chief executive Stephen Wetherall.
“This underlines our belief in Mothae. It also vindicates Lucapa’s decision to commit resources to the additional bulk sampling program as construction of our new 150tph commercial diamond plant continues on schedule for commissioning in the second half of this year.”
Mothae’s bulk sampling programme was designed to expand and improve the current JORC Resource by processing areas of the kimberlite pipe which are either not included in the resource or where Lucapa believes there had been insufficient historical sampling.

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