Innovation and automation can conquer any challenges

Rahul Gaywala, the CEO of STPL has been with the Sahajanand Group since 1993 and in his tenure with STPL, he has proved to be a hard-core innovator and technocrat intent on helping to transform the diamond trade from a labour-intensive industry to an...

Yesterday

Memorial Foundation of Carl Fabergé continues to fulfill its tasks

Valentin Skurlov, Ph. D., who is an Honorary Academician of the Russian Academy of Arts, professor, scientific secretary of the Fabergé Memorial Foundation, consulting researcher studying the Fabergé heritage at the Russian department of the Christie's...

30 march 2020

Gaetano Cavalieri: We need to protect the long-term health of our industry

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

23 march 2020

Sierra Leone mulls setting up entity to buy diamonds from artisanal miners

Sierra Leone will revise its Mines and Minerals Act that will, among other issues, pave way for the establishment of a State entity that can buy diamonds from artisanal miners, an official has said. The National Minerals Agency of Sierra Leone director-general...

16 march 2020

David Block, CEO of Sarine Technologies believes that AI will play a bigger role in the industry in the next few years

Armed with an MBA degree from the Kellogg-Recanati School of Business, and a Bachelor's degree in Computer Science from the Tel Aviv-Jaffo Academic College in Israel, David Block is the present CEO of Sarine Technologies, a worldwide leader in the...

10 march 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