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

Lucapa to auction four ‘spectacular’ special Lulo diamonds

29 november 2023

Lucapa Diamond will auction four “spectacular” special diamonds from its 40%-owned Lulo alluvial mine in Angola next week.

Angolan national diamond trading company, SODIAM, will conduct the online auction, which will end on December 8.

Lucapa’s 235-carat stone would be the biggest diamond to be sold at the auction.

Other diamonds from the mine that will go under the hammer weigh 41 carats, 123 carats, and 208 carats.

SODIAM recently said the auction will consist of a total of 20 diamonds weighing more than 10.80 carats.

Apart from Lulo, 13 stones will come from Uari, two from Somiluana, and one from Chitotolo.

Lucapa’s Lulo generated $10.7 million from four stones auctioned at the May online rough diamond tender.

The revenue realised from the Lulo stones accounted for almost half of the $21.7 million generated from the tender.

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