Diamonds across time

Not so long ago, the global library of professional publications on precious stones was replenished with a unique book about rare diamonds and diamond jewelry published by the World Diamond Museum. Alex Popov, the founder and director of the museum told...

Today

Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent...

11 january 2021

Ilgiz Fazulzyanov: For a creator, the quarantine is the time to work on future masterpieces

Ilgiz Fazulzyanov is a successful and internationally recognized jewellery designer. He received his academic art education in Kazan and moved to Moscow in the 1990s where he lives and works now. His brand, Ilgiz F., is well known among true connoisseurs...

04 january 2021

Botswana Diamonds keen to mine KX36 kimberlite if found commercial

Botswana Diamonds intends to mine the KX36 kimberlite, which it recently acquired from Petra Diamonds if found commercial. The high-grade KX36 kimberlite pipe is part of the three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana...

28 december 2020

‘We expect to completely open the Bourse for business by Q1 of the Year 2022,’ assures Vallabhbhai Patel, Chairman, SDB

Vallabhbhai Patel, Chairman of the Surat Diamond Bourse, dreamed of building the world’s largest commercial building in Surat for the Indian diamond industry. He conceptualized the ‘Surat Diamond Bourse’ (SDB), which is set to redefine...

21 december 2020

Lucapa resumes scaled mining operations at Lulo

05 may 2020
Lucapa Diamond has re-commenced scaled mining operations at its 40%-owned Lulo alluvial diamond mine in Angola.
Operations at Lulo, which it owns together with Endiama and Rosas & Petalas were reduced to essential services only following the declaration of a State of Emergency in Angola in order to prevent the spread of COVID-19.
However, a new Presidential Decree amended certain restrictions to allow essential industries to return 50% of their employees to the workplace.

news_05052020_lulo.png
            Lulo Diamond Mine                                                                                                Image credit: Lucapa
   
Lucapa said Lulo resumed mining and treatment operations on a two shift six-day week basis and will do so in compliance with advised health measures to ensure the safety of its employees and contractors. Mining operations will be scaled to exceed 50% of nameplate capacity initially which will position the company to ramp up to full capacity once restrictions are lifted completely.
Meanwhile, Lucapa said it will continue to work with the government of Lesotho in respect of the care and maintenance programme.
The company said they will also continue to review recommencement scenarios for the Mothae diamond mine.
“In parallel to the re-commencement workstreams, Lucapa is exploring inventory financing solutions aimed at providing price protection in the current demand and price environment,” it said.  

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