Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

Lucapa’s Lulo to sell large diamonds through new marketing channels

18 september 2018

news_02072018_lucapa.pngLucapa said its 40 percent-owned Sociedade Mineira Do Lulo (SML) in Angola is set to sell certain select large premium-value diamonds in what will be the first Lulo production to be sold through the new marketing channels.
The new marketing channels were being introduced as part of Angola’s diamond sector reforms.
The diamonds set to go under the hammer include six top-colour Type IIa white diamonds weighing a total of 449 carats, along with a 46 carat pink diamond.
Lucapa said the large and premium-value diamonds were excluded from recent sales of Lulo diamonds.
A parcel of 2,531 carats was sold for $2.5 million, representing an average price per carat of $985.
“The discussions with our Angolan partners regarding the policy changes taking place in the Angolan diamond sector have reached a stage where we are now able to plan for the sale of these large premium-value Lulo diamonds held over from previous sales,” said Lucapa managing director Stephen Wetherall. 
“We look forward to marketing these exceptional diamonds as soon as the necessary arrangements are put in place to continue showcasing Angolan diamonds to the world.”
Meanwhile, Lucapa said it made its first export of diamonds from the Mothae kimberlite diamond mine in Lesotho.
The parcel of about 2,500 carats of diamonds recovered from the ongoing bulk sampling programme was exported to the global diamond trading centre of Antwerp in Belgium for cleaning and valuation.
The parcel includes yellow diamonds weighing 89 carats and 25 carats, as well as special diamonds of up to 28 carats and small light pink diamonds.

Mathew Nyaungwa, Rough&Polished