Exclusive
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
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices
The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...
23 september 2024
Lucapa boosts Lulo Q2 output
It said of the special recovered, the largest was a 115 carat brown diamond, as well as a number of fancy pink and yellow coloured diamonds.
The carats recovered were 19% higher than 6,551 carats in the corresponding prior year period.
It said the historic 170 carat pink coloured diamond named ‘‘The Lulo Rose’’ was recovered post the quarter end.
Meanwhile, Lucapa’s 70%-owned Mothae mine in Lesotho produced 9,341 carats during the quarter, a drop of 3% to 9,603 carats compared to the same period, a year earlier.
Mothae recovered 62 special diamonds during the quarter, including a 204 carat Type I gem quality diamond.
The mine also recovered a +100 carat diamond weighing 129 carats, but it was of low quality.
“The frequent recovery of large, high-value diamonds at Lulo, continues to highlight the significance of a primary source discovery in Angola,” said company managing director Stephen Wetherall.
“The soon to be commissioned kimberlite treatment plant and ability to crush and process kimberlite bulk samples far more frequently and efficiently, will surely bring Lucapa and its partners much closer to achieving our goal of discovering a potentially unique source.”
He also said the inflationary and constrained supply environment impacted on Mothae in the first half.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished