‘Dubai has proven to be a great port for diamond tenders’

Stargems, which was established by Shailesh Javeri in 1981, has been involved in the trading of rough diamonds and is now also into manufacturing, wholesaling, retailing, tendering of diamonds and diamond jewellery. Although, the company has operations...


Our main role is to inspire consumers to consider diamonds - Jean-Marc Lieberherr

With over 25 years of experience in a variety of leadership positions across many geographies, functions and businesses, Jean-Marc Lieberherr has more than 10 years’ experience as a diamond industry leader, which includes as a Board member of the World...

09 december 2019

Training in diamond valuation is key for artisanal miners

Ian Rowe, the Executive Director of the Diamond Development Initiative (DDI) was appointed in September 2019, having joined DDI as Deputy Executive Director a year earlier. Ian managed field operations in Sierra Leone within this role and led...

02 december 2019

Kangalassi 2.0: Raising the living standards, creating new jobs

At the V Eastern Economic Forum (EEF) held in early September in Vladivostok, the Yakut company SAYBM signed a tripartite agreement with two agencies - the Far Eastern agency and the regional one - for attracting investments and providing export...

25 november 2019

We live in a new dimension of environmental responsibility carried by business

In mid-October, Moscow hosted the VIII Ecological Forum attended by representatives from the State, large industrial companies, scientific and public organizations. The forum delegates discussed the issues related to finding a balance between the socio-economic...

18 november 2019

Lucapa makes quarterly production record at Lulo, Mothae

10 october 2019

news_02072018_lucapa.pngLucapa Diamond produced 14,610 carats during the September quarter from its 40%-owned Lulo alluvial mine, in Angola and 70%-owned Mothae kimberlite mine in Lesotho.
Of this combined output, 7,603 carats came from Lulo, representing a 67% increase over the previous corresponding 2018 quarter, while the remaining 7,007 carats were produced at Mothae, the highest quarterly result since commercial production commenced in January 2019.
“The results are in line with Lucapa’s strategy of expanding high-value diamond production to maximise revenue generation,” it said.
Lucapa said the strong production increase at Lulo was mainly due to a significant increase in the recovered diamond grade of 10.5 carats per 100 cubic metres as more material was processed from the new higher grade flood plain Mining Blocks 19 and 31.
Lulo and Mothae both continued to underline their status as large diamond producers during the quarter, producing a total of 432 +4.8 carat diamonds including 136 +10.8 carat diamonds.  

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