Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

Yesterday

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

Lucapa’s Lulo boosts Q2 output

26 july 2018
Sociedade Mineira Do Lulo (SML), which is 40 percent owned and operated by Lucapa Diamond, produced 5,058 carats of diamonds in the second quarter of the year, an increase of 20 percent from 4,203 carats produced, a year earlier.
The mine, according to Lucapa, also continued to regularly produce large and premium-value diamonds during the period under consideration, with the number of Special diamonds recovered growing 7 percent to 61, bringing to 118 the total number of specials produced in the first half of 2018.
It said the total weight of specials produced during the quarter jumped 18 percent to 1,412 carats, which saw the first half total rising 22 percent to 2,838 carats.
Meanwhile, SML earned $5 million from 3,413 carats of diamonds sold during the quarter at an average price of $1,479 per carat.
The company’s first half sales reached $15.9 million at $1,642 per carat.

Mathew Nyaungwa, Rough&Polished