Part 2: KPCSC wants Russia to help end impasse on new definition of conflict diamonds

In the first installment of this two-part exclusive interview with Shamiso Mtisi, the coordinator of the Kimberley Process Civil Society Coalition (KPCSC), we focused on illegal diamond mining in the continent and where the contraband ends up...

25 october 2021

Part 1: KPCSC gives insight into illegal diamond mining, trading in Africa

Although the diamond watchdog Kimberley Process (KP) prides itself for significantly reducing the flow of conflict goods since its establishment in 2003, the Kimberley Process Civil Society Coalition (KPCSC) alleged that illegal diamond...

18 october 2021

The jewelry industry in Russia needs to be upgraded in a serious way

Dina Nasyrova is a vice-president of the International Jewelry Exhibition-Congress J-1 recently hosted by the Atrium of Gostiny Dvor in Moscow. As a partner and the Muse of the famous jeweler Ilgiz Fazulzyanov, she actively participated in the preparation...

11 october 2021

Smiling Rocks, a philanthropic business model, inspires companies to work for betterment of the world

Zulu Ghevriya, the CEO and Co-Founder of Smiling Rocks, Founder of Vedantti Jewellery and Managing Director of Prism Group has been in the diamond and jewellery industry for over 20 years. Zulu started his business, Prism Group, as a natural diamond...

04 october 2021

Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

27 september 2021

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.

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            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