Mmetla Masire: Okavango to resume diamond sales in January

Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...

Today

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

Singapore showcases world’s second largest rough diamond

10 august 2020
The world's second largest 1,758-carat diamond that was purchased by Louis Vuitton and unveiled in January is now being showcased to interested buyers in Singapore until Tuesday Aug 11, according to media reports. 
Named Sewelo, which means “rare find” in the Setswana language, it was discovered in April last year at a mine in Botswana owned by Canadian diamond mining company Lucara Diamond Corporation.

news_10082020_sewelo.png
Image credit: Louis Vuitton

The black rough stone is the second largest rough gem diamond in recorded history, second only to the Cullinan—a 3,106-carat gem mined in South Africa in 1905.That makes the Sewelo, estimated to be two billion years old, the largest diamond discovered in this century.
The LVMH-owned brand entered high jewellery only in 2012, with an atelier in the esteemed Place Vendome in Paris. It is not known exactly how many millions the French fashion house paid for the stone.
Michael Burke, Chairman and CEO of Louis Vuitton reportedly said “This rough stone is unique. Unveiling it to a handful of clients is a testament to our daring spirit and our desire to be a major player in jewellery. We’re positioning ourselves for the next 100 years.”

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished