Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

Yesterday

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

Lucara recovers 1080 carat diamond from Karowe

10 august 2023

Lucara Diamond has unearthed a 1,080.1-carat diamond from its wholly-owned Karowe Diamond Mine in Botswana.

The diamond was described as a Type IIa top white gem of high quality, recovered in the Coarse XRT unit at Karowe from direct milling of ore sourced from the M/PK(S) unit of the South Lobe.

The stone is the fourth +1,000-carat diamond recovered from the South Lobe of the AK6 kimberlite since 2015.

"Lucara is extremely pleased to be reporting the recovery of another large, high-quality gem diamond over 1,000 carats in size, representing our fourth diamond over 1,000 carats since 2015,” said company chief executive Eira Thomas.

“As we progress mining deeper in the open pit and transition to underground mining, exclusively in the South Lobe, the preponderance of large, high-value stones is increasing, consistent with the resource model and underpins the strong economic rationale for investing in the Underground expansion that will extend the mine-life out to at least 2040."

Other significant recoveries from Karowe include the 1,758-carat Sewelô (2019), a 1,174-carat diamond (2020), and the 1,109-carat Lesedi La Rona (2015).

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