An alliance between a diamond producer and a diamond manufacturer in Russia is simply inevitable and necessary

What is a diamond manufacturer’s margin composed of? What is the profession of diamond processing engineer about? How much time does it take to become a diamond cutter? How does a polishing factory work? The Russian Cut, is it alive? Lightbox from De...

15 october 2018

High technologies make it possible to create a product that can be obtained in natural stones only for very big money

Andrey Zharkov, having left the position of President at diamond mining company Alrosa, has established and headed the Ultra C company, which will be engaged in the production of diamonds from the reactor. In this interview with industry news agency...

08 october 2018

The once unorganised domestic jewellery sector in India is now growing

A veteran businessman, former Chairman of Gem & Jewellery Council (GJC), Bullion Expert, a third-generation jeweller born with a silver spoon (or was it gold?) in his mouth, a perpetual optimist … yes, the list could go on. As the first...

01 october 2018

India is poised to become a major fine jewellery market in the near future - Pramod Agrawal, Chairman GJEPC

Pramod Kumar Agrawal, the current Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a successful entrepreneur in his own right. Despite belonging to a jewellery business family, with his father dealing in gemstones...

24 september 2018

Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 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