GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

The need for significant capital investments will be the main trend in the diamond mining industry in 2021-2030

The prospects of the diamond industry in the post-crisis period are discussed by the Rough&Polished correspondent with Sergey Mityukhin, Candidate of Geological and Mineralogical Sciences, Honored Geologist of the Russian Federation.

06 july 2020

Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

29 june 2020

Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

15 june 2020

Lucapa recovers 12th +100 carat diamond from Lulo

20 february 2019

Lucapa Diamond has recovered a 128 carat top-colour white Type IIa stone from its 40 percent-owned Lulo mine, in Angola.
This was the 12th +100 carat diamond recovered to date from the alluvial diamond mine. 
“It was among the Specials recovered recently from Mining Block 6, along with a 7.5 carat fancy purple pink gem,” said Lucapa.  

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Image credit: Lucapa Diamond


A 7.5 carat fancy purple pink was also recovered from the mine.
The Lulo partners were expected to include the 128 carat diamond and 7.5 carat fancy purple pink in the next international tender, along with the 75 carat Type IIa top-colour diamond recovered towards the end of 2018.
Lulo recently had a historic tender of seven large, top-quality diamonds, in Angola, which raked in $22.9 million at an average price of $33,530 per carat.

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