The announcement coincided with its full-year results, with growth driven by its jewelry brands.
Angolan Mine Yields Another 100-Carat-Plus Diamond
Just a week after Lucapa turned up a 104-carat diamond at its Lulo project, an even bigger stone has emerged.
Lucapa, Angola--Just a week after Lucapa Diamond Company turned up a 104-carat diamond at its Lulo project, an even bigger stone has emerged.
The mining company, which is based in Australia but mines in Angola, unearthed a 172.67-carat D color diamond from its Lulo Diamond Project.
The stone was among the latest “specials,” meaning diamonds that weigh more than 10.8 carats, recovered from ongoing alluvial diamond mining operations at the site.
Testing on a Yehuda colorimeter confirmed that the diamond is Type IIa, meaning it contains little or no nitrogen and, thereby, is very pure and very rare.
Lucapa said the nearly 173-carat stone is the fifth diamond weighing 100 carats or larger to be recovered from Lulo in 2016 and the sixth overall.
Other exceptional diamonds recovered from this mine this year include, but are not limited to, the following:
--The 104-carat diamond, the recovery of which was announced last week;
--A 38.6-carat pink diamond found earlier this month;
--The 404.2-carat diamond found in February that sold for $16 million and remains the largest diamond ever reported as being found in Angola; and
--The 133.4-carat diamond discovered at the start of the year.
The Latest
Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
Jewelry trade show veterans share strategies for engaging buyers, managing your time effectively, and packing the right shoes.
Despite the rising prices, consumers continue to seek out the precious metal.
This little guy’s name is Ricky and he just sold for more than $200,000 at Sotheby’s Geneva jewelry auction.
Though its website has been down for a week, Christie’s proceeded with its jewelry and watch auctions on May 13-14, bringing in nearly $80 million.
Despite the absence of “The Allnatt,” Sotheby’s Geneva jewelry auction totaled $34 million, with 90 percent of lots sold.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Lilian Raji gives advice to designers on how to make the most of great publicity opportunities.
Why do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.
The “Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.
The annual list recognizes young professionals making an impact in jewelry retail.
Owner David Mann is heading into retirement.
While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
The ad aims to position platinum jewelry as ideal for everyday wear.
Retailers can customize and print the appraisal brochures from their store.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
Show your mother some love with a piece of fine jewelry.
The company’s Easton location will remain open.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.