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

Lucapa rakes in $1.7m from Lulo diamond sales

06 march 2018
Lucapa Diamond said it sold 2,072 carats worth $1.7 million from the Lulo diamond project in Angola, which it co-owns with Endiama and Rosas & Petalas.
The diamonds were sold at an average price of $804 per carat, it said.
The sale came as regular production of large specials continued at Lulo with latest recoveries including 85 carat and 52 carat diamonds.
The largest diamond weighed 44 carats in the sale parcel, which also included a vivid pink of 1.9 carats, the company said.
Lucapa said the latest sale brought gross proceeds from Lulo diamonds sales to date to $10.8 million at an average price per carat of $1,731.

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