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 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