Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp

In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...

22 june 2026

Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

15 june 2026

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

Lucapa recovers more diamonds from L164 kimberlite material

16 july 2024

Lucapa Diamond has recovered a further 4.6 carats following the reprocessing of 240 cubic metres (m3) of uncrushed oversize and dense media separation (DMS) tailings material from L164 kimberlite in Angola.

It said kimberlite 164 had previously produced 97 diamonds totalling 110.7 carats from three bulk samples.

With the latest recovery, the total number of diamonds unearthed from the kimberlite has gone up to 115 diamonds.

Lucapa said the material, which had undergone weathering during the wet season, was checked for additional locked-up diamonds and recovered four, the largest being 1.99 carats.

The other diamonds weighed 1.5, 0.7 and 0.5 carats.

“While L164 is of economic interest and further samples will be taken from this target later in the programme, the immediate focus is on sampling kimberlites closer to the Cacuilo River which is considered more likely to be the major sources of the diamonds being found in the Cacuilo’s alluvial deposits,” the miner said.

Lucapa chief executive Nick Selby said the exploration programme was back in full flow and gaining access to the areas that were previously inaccessible due to the wet ground conditions.

“The preparation work is well underway for accessing kimberlite L014, from which we will be doing the necessary delineation drilling and taking bulk samples,” he said.

“Road construction and sample planning are progressing for the other priority targets close to the Cacuilo River.”

Lucapa seeks to increase its stake in the Lulo Kimberlite exploration joint venture to a 51% controlling stake, up from the current 39% share.

State-owned diamond company Endiama currently owns a 51% stake in the Lulo Kimberlite Exploration JV, while the remaining 10% belongs to Rosas & Petalas.

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