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...

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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

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23 august 2021

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

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16 august 2021

Lucapa recovers 138ct diamond at Lulo

14 may 2021
Image credit: Lucapa Diamond

Lucapa Diamond has recovered its 24th +100 carat diamond from the Lulo alluvial diamond mine in Angola.
It said the 138-carat diamond was recovered from Mining Block 46.
The latest recovery was the seventh +100 carat diamond recovered in 2021 to date at Lulo since exploration and mining operations began.
The Lulo mine, which is 40%-owned by Lucapa has been mining commercially since 2015.
Lucapa and its project Lulo joint venture partners have also achieved highly encouraging results from their search to discover the primary hard-rock source of the high-value Lulo alluvial diamonds.
The miner recently sold a rough diamond parcel of 4,000 carats from Lulo for $5 million.
The diamonds achieved an average price of $1,239 per carat.
Lulo has so far this year sold 9,312 carats of rough diamonds for $14.5 million or $1,557 per carat. 

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