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 ‘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