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...

16 april 2024

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

William Lamb, Eira Thomas trade places again as CEOs of Lucara

16 august 2023

William Lamb will replace Eira Thomas as the president, chief executive, and director of Lucara Diamond.

He previously served as the chief executive of Lucara from May 2011 until February 2018, when Thomas, who co-founded the company in 2007 with Lukas Lundin and Catherine McLeod-Seltzer, succeeded him.

Lucara said that Lamb was responsible for the highly successful building of the first Karowe mine and associated amenities during his first term.

It said that his prior experience is perfect for promoting the successful completion of the company's important underground project.

The firm praised Thomas for adopting a unique diamond sales strategy for Lucara's production of rough stones weighing 10.8 carats or more through its arrangement with HB Antwerp, thereby producing consistent revenue at premium price terms.

In addition, she oversaw the commercialisation of Clara, a secure digital diamond sales platform, and negotiated a $220 million senior secured project finance debt package, allowing the underground expansion to proceed.

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