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

DiaMondaine Diamantaires Club mulls diamond safari tours in southern Africa

DiaMondaine Diamantaires Club (DDC) is set to organise diamond safari tours in southern Africa, home to major diamond-producing countries. DDC founder Agnes Abdulahu told Rough&Polished’s Mathew Nyaungwa that the launch of the first diamond safari...

15 july 2024

Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

02 july 2024

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing...

24 june 2024

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American...

17 june 2024

Lucara discovers yet another large diamond at Karowe

23 august 2023

Lucara Diamond has recovered a diamond weighing 692.3 carats at its wholly-owned Karowe diamond mine in Botswana.

The diamond, which is a Type IIa high-white gem, was found in the MDR XRT unit after directly milling ore obtained from the EM/PK(S) unit of the South Lobe.

“The recovery of large diamonds from the EM/PK(S) lithology of the South Lobe strongly supports our expectations for the underground project, where the majority of material mined will constitute this phase of kimberlite during the first years of Underground production," said Lucara’s new chief executive, William Lamb.

The 692.3-carat stone is the fourth diamond of over 300 carats diamond discovered this year.

It comes shortly after the recovery of a 1,080-carat Type IIa white top gem earlier in August.

Karowe has so far this year recovered 20 diamonds larger than 100 carats.

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