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 ‘top-colour’ 55 ct diamond from Mothae

03 april 2019

Lucapa Diamond has recovered a ‘top-colour’ 55 carat diamond from its new 1.1 Mtpa Mothae kimberlite plant, in Lesotho. 
It said the 55 carat stone was the fifth +50 carat diamond recovered to date from its 70 percent-owned mine, where commercial production commenced in January 2019 following the commissioning and ramp-up phases for the 1.1 Mtpa plant and an earlier bulk sampling campaign. 

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                      Image credit: Lucapa Diamond


The mine produced a recovered an 83.9 carat diamond last month.
Lucapa recently raked in $3.8 million from the sale of 5,411 carats of rough diamonds recovered from Mothae.   
The diamonds were recovered during the 1.1Mtpa Mothae kimberlite plant ramp-up phase in the fourth quarter of 2018 and in the first month of commercial mining operations last January.   
The highest price achieved for an individual Mothae diamond was $36,664 per carat.

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