Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 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