Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Lucapa realises $3.7mln from Lulo diamonds sale

26 february 2021
Image credit: Lucapa Diamond

Lucapa Diamond has sold 1,040 carats from its 40%-owned Lulo alluvial mine in Angola for $3.7 million or $3,525 per carat.
"This is our third run of mine rough parcel sold this calendar year from our two mines and we continue to see good prices for our premium production," said company managing director, Stephen Wetherall.
Aggregated sales from Lulo and Mothae in the calendar year 2021 amount to $15.1 million from 9,989 carats at $1,516 per carat.
Lucapa's first diamond sale of 2021 from Lulo raked in $5.9 million. 
A rough diamond parcel of 4,273 carats was sold for $1,375 per carat.
Lucapa also recovered two +100 carat diamonds at Lulo last month.
The diamonds were unearthed from Mining Block 46 (MB46).

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