Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

11 november 2024

Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Lucara ponders partnership to sell 1 109 ct rough diamond – report

09 august 2017
Lucara Diamond Corp is said to be considering establishing a partnership to sell its 1 109 ct rough diamond, which was recovered in Botswana almost two years ago, if it still does not have a deal in the next six to eight weeks.
Reuters reports that Lucara, which failed to sell the world's largest uncut stone at Sotheby's auction house last year, continued to receive offers.
"If that doesn't pan out ... within the next six to eight weeks we will most fully look to enter into a partnership," company chief executive William Lamb was quoted as saying.
"I think we've got to. It's been almost two years since we recovered the stone and the market is, I think, chomping at the bit, waiting to see what the outcome from that is going to be."
Reuters reported last month that Lucara would need a partner in order to cut and sell the rough diamond.
"I think people don't really understand the quantum of money we're looking at," said Lamb.

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