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

GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Lucara unveils 1,175-ct rough diamond in New York – report

21 september 2021
Lucara Diamond and manufacturer HB Antwerp unveiled a 1,175-carat diamond in New York City in a bid to attract investors.
Reuters reports that the stone recovered at the Karowe mine, in Botswana last June would be on display for a week at the Whitby Hotel in upper midtown Manhattan.
HB Antwerp, which entered into a rough diamond supply deal with Lucara in August last year, has not yet decided on whether the uncut diamond will be cut into polished stones.

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Image credit: Lucara Diamond

“We have been in the business for many years, for quite some time, and these types of things do get us excited because of the sheer size,” HB Antwerp chief executive Oded Mansori was quoted as saying.
Lucara chief executive Eira Thomas also said they are expecting to recover more exceptional diamonds over 1000-carats in size.
“But on a global basis, this is still an extremely rare and unusual event,” she said. 
The 1,174.76 carat diamond, measuring 77x55x33mm, is a cleavage gem of variable quality with significant domains of high-quality white gem material and was recovered from the ore sourced from the EM/PK(S) unit of the South Lobe. 
It is the third +1,000 carat diamond recovered from the South Lobe of the AK6 kimberlite since 2015 including the 1,758-carat Sewelô and 1,109-carat Lesedi La Rona. 

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