Demand will pick up once the season starts

N Anantha Padmanaban took charge as the Chairman of the All India Gem & Jewellery Domestic Council (GJC) in January 2019. He has immense hopes and confidence in the Indian jewellery sector. His motto is to ‘ensure that after the day’s business...

14 october 2019

Prospects for discovering new diamond deposits in the Arkhangelsk Province are far from exhausted

ALMAZINTECH is engaged in technical auditing and comprehensive assessment of activities performed by exploration, diamond mining and gold mining businesses in Russia and other countries, as well as carries out research and development. It employs highly...

07 october 2019

Botswana Diamonds eyes expansion of Thorny River to include Marsfontein – Campbell

Botswana Diamonds, which has a 40% stake in Thorny River, through Vutomi, said there are plans to expand the project located in South Africa to include Marsfontein once a mining permit for the latter has been awarded. Company managing director James...

30 september 2019

Diamond knife and tender system: The tight-fisted paying twice?

LLC Kristalin is the only company in Russia that manufactures microsurgical diamond blades for domestic healthcare that meet international requirements and are used in ophthalmology, neurosurgery and plastic surgery. Mikhail Zhiltsov, the company’s Deputy...

23 september 2019

Didier Giard: Stiff competition among the diamantaires is one of the factors of the price war

On September 9, 2019, the French Association of Gemmology (l’Association Française de Gemmologie, AFG) held its regular Paris Gemmological Rendez-Vous. Its organizer, Didier Giar, the head of the AFG kindly agreed to answer questions from Rough&Polished...

16 september 2019

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