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 halts ASX trading ahead of capital raising to expand Mothae project

04 november 2020
news_04112020_luc.png
Image credit: Lucapa Diamond

Lucapa Diamond has requested a trading halt to be placed on its securities effective immediately ahead of the announcement of a capital raising to advance the expansion plans at the Mothae Project, in Lesotho.
"The company requests two consecutive 'back to back' trading halts of two days each for this purpose which will remain in place until the earlier of the announcement to the market or the commencement of trade on Friday 6 November 2020," the company said in a statement.
Mothae, which restarted mining and treating operations early last month, had been on care and maintenance due to the ongoing impact of the COVID-19 pandemic.
No Mothae diamond sales were concluded during the third quarter of the year.
Total sales year to date totalled 10,268 carats for $4.1 million or $402 per carat.
Mothae held a diamond inventory of 784 carats at the end of the third quarter.

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