Ali Pastorini: Challenges make us think out of the box and be closer to customers

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

Yesterday

Today’s customer needs an offer of something unique that others do not have

Oksana Senatorova is the publisher of the Jewelry Trade Navigator magazine and the founder of the Jewellery Business Academy.
She graduated from I. M. Sechenov Medical Academy and the Faculty of Psychology of Lomonosov Moscow State University...

09 january 2020

Inventories accumulated by De Beers, ALROSA to put ceiling on prices near-term even if demand substantially picks up – Zimnisky

As we are in the last month of 2019, it is prudent to examine what the diamond industry went through and the possible trajectory in the upcoming year. Industry expert, Paul Zimnisky spoke with Rough & Polished’s Mathew Nyaungwa to discuss this and other...

30 december 2019

Empowering customers and engaging more with our stakeholders is the new Mission

The unassuming Govindbhai Laljibhai Dholakia, Chairman, Shree Ramkrishna Exports Pvt Ltd (SRK) is not just an ace businessman but a noted philanthropist. He has contributed immensely to social welfare with special focus on education … a noteworthy...

23 december 2019

‘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...

16 december 2019

Lucapa eyes majority stake in Angola’s Lulo diamond mine

29 november 2019
Lucapa Diamond is in advanced discussions with the Angolan Ministry of Mineral Resources and and Angola’s national diamond company Endiama to potentially secure a majority stake in the Lulo joint venture.

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  Block 8 of Lulo diamond mine                                                                                   Image credit: Lucapa Diamond

The company currently holds a 39% interest in Lulo and is the operator of the kimberlite exploration joint venture.
Endiama holds 51% while Rosas & Petalas owns the remaining 10%.
Lucapa said it hopes to conclude the discussions in the first quarter of 2020.
Lulo holds the primary (kimberlite) exploration licence for the 3,000km2 Lulo diamond concession in Angola.
The kimberlite exploration programme aims to identify the primary hard-rock source or sources of the alluvial diamonds being mined by Lucapa and its partners at Lulo, which have achieved average run of mine sale prices of about $1,900 per carat.

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