Diamex Lab: Our technology allows you to trace the history of the origin of each stone

Gleb Sverdlov, CEO of Diamex Lab told Rough & Polished in his interview below about the development of IT technologies for the market of rough and polished diamonds and jewelry.

Yesterday

The future of the market goes hand in hand with gemology

After 2019, a challenging year for the global diamond industry, we asked Yuri Shelementyev, head of the Moscow State University (MSU) Gemmological Center and president of the National Gemological Association (NGA), to share his views...

10 february 2020

Diamond industry in healthier position going into 2020

The diamond industry is in a healthier position going into 2020 due to actions taken last year, according to De Beers. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa that the actions taken included reducing rough diamond production...

03 february 2020

Ethical sourcing and Diamonds Standards Organization

The diamond sector is ready to embrace a new decade and overcome some of its historical challenges. Ethical sourcing has proven to be undoubtedly one of the main aspects that industry professionals need to address. Antonio Cecere, President of Geneva...

27 january 2020

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...

20 january 2020

Mothae mine exceeds first-year production targets – Lucapa

31 january 2020

lucapa_logo.pngLucapa’s 70%-owned Mothae kimberlite mine, in Lesotho recorded quarterly production of 9,834 carats in the December 2019 quarter, taking its full year output to 30,107 carats in its first year of production, which was 45% ahead of plan. 
The ASX-listed company said the new plant at Mothae regularly operated above its 1.1Mtpa nameplate capacity in its first year of operation. 
Lucapa said there is further scope to optimise plant throughput and thus increase carat production in 2020.
“It was particularly pleasing to see our new Mothae mine exceed its first-year production targets by such a healthy margin…,” said Lucapa managing director Stephen Wetherall.

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Image credit: Lucapa
  
Mothae’s production mix for the quarter included a record 167 diamonds +4.8 carats in weight, including 46 specials and two +100 carat diamonds. 
Lucapa said a total of 11,888 carats of Mothae diamonds were sold at tender during the quarter for gross sale proceeds of $7.1 million.
This took total sales concluded in 2019 to $16.5 million at an average price per carat of $575. 
Mothae had a diamond inventory of 4,284 carats at the end of the quarter. 

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