From lighter color palettes to the integration of AR, experts offer inspiration for jewelers in need of an aesthetic refresh.
Lucapa Recovers 133-Carat Diamond
Though the company said the stone is not of high quality, its discovery underscores the potential for more big finds.
New York--Lucapa has announced the recovery of more “special” diamonds, those weighing greater than 10.8 carats, from its Lulo Diamond Project in Angola, including a 133.4-carat stone.
The diamond is the largest recovered at the Lulo mine to date, surpassing the 131.4-carat, D color, Type IIa diamond unearthed during bulk sampling in 2012.
Though the company said it is not of high quality, its recovery, along with a number of other significant finds of late, underscore the potential for Mining Block 6 to be an important source of large alluvial diamonds for Lucapa.
The company said Mining Block 6 was one of the new areas it started mining late last year, after heavy rains forced it seek higher ground.
In just the first few days of processing the material from Block 6, recovery has included four “special” diamonds, weighing 133.4, 29.2, 12.37 and 11.1 carats. The 29.2-carat and 11.1-carat stones are both D color, gem-quality diamonds.
Previous exploration bulk sampling in Mining Block 6 also produced a number of other large finds, including a 95.5-carat, a 53.2-carat and a 32.2-carat diamond.
Lucapa said that mining and processing of gravels from Block 6 is expected to continue throughout the Angolan wet season and beyond.
“We are certainly excited by what we are seeing at Mining Block 6, where our management exploration target is to prove up sufficient gravels to incrementally add up to 12 months of alluvial diamond production,” CEO Stephen Wetherall said. “The fact the 133.4-carat stone is a compound diamond, which is unlikely to have traveled very far from its primary source, and its relative downstream proximity to Mining Block 8 and our high-priority kimberlite targets, we believe is very significant.”
The Latest
Sotheby’s will auction jewelry belonging to the “Diamonds Are Forever” singer in Paris this October.
Sherry Smith shares tips for fostering successful vendor-retailer partnerships, from marketing investment to fast-seller replenishment.
GIA®’s most advanced microscope has new features to optimize greater precision and comfort.
Herold has been with the organization for 22 years and will continue in her current role of conference director.
“Fancy Studs” will feature revamped branding and a new lab-grown diamond fine jewelry collection.
The 2024-2025 edition features new colors and styles, as well as storytelling elements.
Despite the rising prices, consumers continue to seek out the precious metal.
The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
The announcement coincided with its full-year results, with growth driven by its jewelry brands.
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.
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.
Lilian Raji gives advice to designers on how to make the most of great publicity opportunities.
The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
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.