“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 finds another big stone in Angola

12 july 2018
Lucapa Diamond said its 40 percent-owned Sociedade Mineira Do Lulo has recovered a 114 carat diamond from the Lulo diamond project in Angola.

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Image credit: Lucapa Diamond


Other Lulo shareholders were Endiama and Rosas Petras.
The stone, recovered from alluvial Mining Block 6, was the 11th +100 carat diamond unearthed to date and the third so far this year.
“The 114 carat diamond adds to a significant inventory of large diamonds currently held for a later sale by Lulo mining company Sociedade Mineira Do Lulo,” said the company.
Lucapa and its Lulo partners continue to advance their search for the primary kimberlite sources of the exceptional diamonds with three drill rigs available in the ongoing kimberlite exploration programme.

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