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Constellation polished Sept 2019
313ct. Diamond Emerges as World’s Largest D-Color
Nemesis International on Thursday unveiled a 313-carat diamond that has been certified as the largest D-color polished stone in history. The emerald-shape, VVS-clarity diamond, known as Constellation 1, is one of eight stones that make up a collection manufactured from...
Polished Markets Sep 26, 2019 Avi Krawitz
Lucara
Karowe Yields Two Massive Stones
Lucara Diamond Corp. has recovered a 123-carat, type IIrough and a 375-carat, gem-quality stone from the high-value portion of its Karowemine in Botswana, it said Wednesday. Including the two diamonds, the company has unearthed 29diamonds...
Mining Sep 19, 2019 Rapaport News
Lucara
Botswana Proposes Lucara Investment
The government of Botswana is said to have expressedinterest in buying shares in Lucara Diamond Corp., the owner of the country’shigh-value Karowe diamond mine. “I have proposed…Lucara allow [the] government to invest inthe company,” President Mokgweetsi Masisi told...
Mining Jun 24, 2019 Rapaport News
Lucara
Lucara Finds Additional Resources at Karowe
A high-value section of the Karowe minecontains a larger supply of diamonds than originally thought, Lucara DiamondCorp. said. A feasibility study at the Botswana-basedasset shows a 54% increase in indicated resources in the EM/PK (S) portion of itssouth lobe region,...
Mining Jan 27, 2019 Rapaport News
Lucara 127ct
Lucara Unearths 127ct. Diamond
Lucara Diamond Corp. has recovered a 127-carat rough diamondfrom its Karowe mine in Botswana. The company found the “high-quality” white stone in the deposit’ssouth lobe, the same area where it unearthed the 1,109-carat Lesedi...
Mining Jan 13, 2019 Rapaport News
Lucara 150
Karowe Firm Gets First Female Boss
Lucara Diamond Corp. has appointed Naseem Lahri as the firstfemale managing director of its Boteti Mining subsidiary, which owns thehigh-value Karowe mine. “I am delighted to be welcoming Naseem into her new role asmanaging director of Boteti,...
Mining May 02, 2018 Rapaport News
Lucara 150
Lucara Recovers 327ct. Rough Stone
Lucara Diamond Corp. has unearthed a 327-carat rough diamondfrom its Karowe mine in Botswana. The high-color white diamond is the eighth over 100 carats that Lucara has found this year, and the ninth...
Mining Apr 29, 2018 Rapaport News
Lucara 150
Lucara Unearths 472ct. Rough Stone
Lucara Diamond Corp. has recovered a 472-carat rough diamond, thethird largest from its Karowe mine in Botswana. The stone is “top light brown,” meaning it has a relativelylow color grade. “In 2018, mining at Karowe is focused...
Mining Apr 15, 2018 Rapaport News
De Grisogono 150
High-End Slump Forces Layoffs at De Grisogono
Swiss-based luxury jeweler De Grisogonoplans to cut up to 41 positions after a challenging high-end market resulted inpoor sales.“Despite considerable investments and allthe efforts of employees, [salesof high jewelry] have not reached anticipated levels,due in part to challenging conditions...
Manufacturing Apr 11, 2018 Rapaport News
Lucara Names New CEO 150
Lucara Names Eira Thomas as CEO
Eira Thomas has taken over as CEO of Lucara Diamond Corp,replacing William Lamb, the miner said Sunday.Thomas (pictured), who has worked in the mining industry for 25 years, is a founder and director of Lucara, and a cofounder...
Mining Feb 26, 2018 Rapaport News
Lesedi La Rona Sotheby's
Lack of Large Diamonds Dents Lucara Sales
Lucara Diamond Corp’s revenue and profit fell in 2017, assales of exceptional diamonds and overall production at its Karowe mine slumpedduring the year. Revenue for 2017 dropped 25% to $220.8 million, with thevolume of goods...
Mining Feb 21, 2018 Rapaport News
Dvash with Diamond
Israel Takes Its Cut from 813ct. Constellation
Theleaders of Israel’s diamond trade have been trying hard of late to showcase anddevelop the nation’s prowess in cutting larger stones. It was thereforeunsurprising that the Israel Diamond Institute (IDI) proudly announced inNovember that local...
Mining Dec 13, 2017 Joshua Freedman
De Grisogono New York store NY
De Grisogono Moves to Larger New York Store
De Grisogono has opened a larger boutique on New York’sMadison Avenue, reflecting demand for a broader range of products, the Swissluxury jeweler said. “By expanding our footprint in the US, we’ve created adestination for our highly...
Retail Nov 29, 2017 Rapaport News
Lesedi La Rona
Lesedi La Rona Boosts Lucara Sales
Lucara Diamond Corp.’s revenue more than doubled in thethird quarter as it sold the 1,109-carat Lesedi La Rona rough diamond, theminer reported Thursday.Sales came to $77.9 million in the three months that endedSeptember 30, up from $38.1...
Mining Nov 05, 2017 Rapaport News
Lucara 342 carat rough Karowe
Lucara Lowers Production Outlook
Lucara Diamond Corp. reduced its production forecast after ashortage of equipment in the second quarter led to lower mining levels than thecompany expected.Lucara’s mining contractor, Aveng Moolmans, experienced“equipment-availability issues” that resulted in the miner...
Mining Aug 06, 2017 Rapaport News
De Grisogono
De Grisogono Eyes U.S. Growth With New Deal
De Grisogono, a high-end jeweler that has bought some of theworld’s largest rough diamonds, has entered into a partnership for itsAmerican operations in an attempt to develop its brand in the U.S.David and Lisa Klein, who own DLK,...
Retail Feb 12, 2017 Rapaport News
Lucara 813ct Constellation Diamond
Massive Diamond Boosts Lucara’s 2016 Sales
Lucara Diamond Corp. expects revenue to hit $295million in 2016, implying a 32 percent surge from a year ago, following the saleof the most expensive rough diamond in history.The Canada-based miner soldthe 813-carat Constellation diamond for...
Mining Dec 11, 2016 Rapaport News
Lucara 813ct Constellation Diamond
De Grisogono Buys Rights to 813ct. Diamond
De Grisogono purchased the rights to the world’s mostexpensive rough diamond, the Constellation, it announced at the launch of the28th Biennale des Antiquaires in Paris.The Switzerland-based jeweler entered into a partnershipwith Dubai-based Nemesis International which boughtthe 813-carat...
Rough Markets Sep 11, 2016 Rapaport News
Lucara 813 carats
Lucara’s Sales Lifted by Record 813ct. Diamond
Lucara DiamondCorp.’s revenue and profit soared in the first half of the year due to a recordsale of a rough diamond for $63.1 million.Revenue jumped to$191.4 million in the six months that ended June 30 versus $67.8 million...
Mining Aug 07, 2016 Rapaport News
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