African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

“Get Diamonds” platform will soon be available in Russian, Hindi, Arabic and any other languages as per demand from any countries

A first-generation diamantaire Yoram Dvash, currently serving as the Acting President at World Federation of Diamond Bourses (WFDB) and the President of the Israel Diamond Exchange (IDE), launched his diamond manufacturing and trading...

25 may 2020

Sustainability is the only way forward - Rahul Jauhari

Rahul Jauhari, Sr Vice President of Global Sales & Marketing, Star Rays, has forged ahead professionally for more than 14 years garnering experience in Business Development, Luxury Lifestyle Consultancy, Market Analysis, Global Fashion / Luxury trend...

18 may 2020

Keeping global supply chains functioning vital – De Beers

Diamond giant, De Beers has said that it is essential to keep global supply chains functioning in view of the substantial impact of Covid-19 on the industry. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

11 may 2020

Gabon courts foreign investors to grow fledgling diamond sector

Diamond production in Gabon, which has been a member of the Kimberley Diamond Certification Process since 2018, is currently dominated by artisanal miners. The artisanal miners are producing about 300 carats per month, according to Gabon’s director of...

05 may 2020

Lucara unearths 123 ct gem quality diamond at Botswana mine

20 september 2019

Lucara Diamond has recovered a 123 carat gem quality top white Type II diamond from its wholly-owned Karowe mine, in Botswana.
The stone was recovered from direct milling ore sourced from the EM/PK(S) unit of the South Lobe.
The EM/PK(S) previously delivered the 1,109 carat Lesedi La Rona, the 813 carat Constellation and the recently recovered 1,758 carat Sewelô.

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Image credit: Lucara


"Lucara is pleased with the continued strong performance of the mine and the consistent recovery of large, high quality diamonds that contribute more than 70% of Lucara's total revenues,” said company chief executive Eira Thomas.
Karowe has so far produced 29 diamonds greater than 100 carats since the beginning of the year.
Meanwhile, Lucara sold 19 diamonds in excess of $1 million each during the three completed tenders of the year.
This included seven stones sold for more than $2 million and one for over $8 million.  
“Attendance at our sales remains high, a testament to our well-established client base and Karowe's production profile, which continues to be well regarded and sought after in the marketplace,” said Thomas.
She said their client base for Clara has grown from four to over 20 customers since the beginning of the year.

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