“We are building a new state-of-the-art tender facility,” says Ahmed Bin Sulayem, Executive Chairman, DMCC

Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman of DMCC, Ahmed Bin Sulayem has played and continues to play a key role in establishing and positioning DMCC...

Today

De Beers scaling up Tracr ahead of formal launch

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that...

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The perfect couple - platinum and diamonds

The Jewelry House of Leon Megé located in New York has long been firmly established in the jewelry market as a source of magnificent jewelry, in which platinum and diamonds often sparkle being married together and attracting everyone’s eyes, but are...

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The technology of growing single-crystal diamonds has now become industrial in nature

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29 april 2019

De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

22 april 2019

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