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

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Lucapa recovers 150 ct diamond from Lulo, receives $1.4m dividend

27 february 2023
Lucapa Diamond has recovered a 150-carat white Type IIa diamond at its 40%-owned Lulo alluvial mine in Angola.
It is the 36th +100 diamond recovered at Lulo to date.
The Lulo mine had been in commercial production since 2015.
Lucapa said the stone was recovered from Mining Block 28 and is the fifth +100-carat diamond recovered from that block.
Meanwhile, the Australia-based miner said it received the dividend approved by the shareholders of Sociedade Mineira Do Lulo (SML) at the 2022 General Assembly in mid-December 2022.
It said a payment of $1.4 million ($A2.1 million)  net of withholding tax had been received.

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