Diamex Lab: Our technology allows you to trace the history of the origin of each stone

Gleb Sverdlov, CEO of Diamex Lab told Rough & Polished in his interview below about the development of IT technologies for the market of rough and polished diamonds and jewelry.

17 february 2020

The future of the market goes hand in hand with gemology

After 2019, a challenging year for the global diamond industry, we asked Yuri Shelementyev, head of the Moscow State University (MSU) Gemmological Center and president of the National Gemological Association (NGA), to share his views...

10 february 2020

Diamond industry in healthier position going into 2020

The diamond industry is in a healthier position going into 2020 due to actions taken last year, according to De Beers. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa that the actions taken included reducing rough diamond production...

03 february 2020

Ethical sourcing and Diamonds Standards Organization

The diamond sector is ready to embrace a new decade and overcome some of its historical challenges. Ethical sourcing has proven to be undoubtedly one of the main aspects that industry professionals need to address. Antonio Cecere, President of Geneva...

27 january 2020

Ali Pastorini: Challenges make us think out of the box and be closer to customers

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

20 january 2020

Lucapa’s Lulo earns $4.2 mln from latest diamond sale

20 november 2018
Lucapa Diamond said the Lulo project in Angola, which it owns with Endiama and Rosas & Petalas, has raked in $4.2 million from 3,411 carats sold at an average price of $1,220 per carat.
This had lifted Lulo diamond sales to $24.5 million since the beginning of the year, it said.
Lucapa said the latest sale of the alluvial diamonds from Lulo excluded a select parcel of seven large and premium-value stones and these would be sold at a later date in the fourth quarter.

Image credit: Lucapa Diamond

Lulo had produced large and premium value diamonds, including more than 760 specials (large diamonds weighing more than 10.8 carats).
These diamonds include 11 +100 carat stones.
Lulo was also a source of high-value coloured diamonds, with production including a 46 carat pink and a 43 carat yellow.
Alluvial mining and exploration activities at Lulo were focused on a 50km stretch of the Cacuilo River which runs through the 3,000km2 Lulo concession.

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