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...

Yesterday

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

Today’s customer needs an offer of something unique that others do not have

Oksana Senatorova is the publisher of the Jewelry Trade Navigator magazine and the founder of the Jewellery Business Academy.
She graduated from I. M. Sechenov Medical Academy and the Faculty of Psychology of Lomonosov Moscow State University...

09 january 2020

Inventories accumulated by De Beers, ALROSA to put ceiling on prices near-term even if demand substantially picks up – Zimnisky

As we are in the last month of 2019, it is prudent to examine what the diamond industry went through and the possible trajectory in the upcoming year. Industry expert, Paul Zimnisky spoke with Rough & Polished’s Mathew Nyaungwa to discuss this and other...

30 december 2019

Empowering customers and engaging more with our stakeholders is the new Mission

The unassuming Govindbhai Laljibhai Dholakia, Chairman, Shree Ramkrishna Exports Pvt Ltd (SRK) is not just an ace businessman but a noted philanthropist. He has contributed immensely to social welfare with special focus on education … a noteworthy...

23 december 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