Lucapa Diamond Company Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/lucapa-diamond-company/ Latest Jewelry News From All Around The World Wed, 29 May 2024 00:00:47 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Lucapa Recovers Sixth Biggest Diamond at Lulo https://www.thejewelrymagazine.com/lucapa-recovers-sixth-biggest-diamond-at-lulo/ Wed, 29 May 2024 00:00:47 +0000 https://www.thejewelrymagazine.com/?p=21549

Lucapa has recovered a 195-carat Type IIa diamond from its Lulo alluvial mine, in Angola. It’s the fourth +100-carat diamond to be recovered at Lulo this year and he 44th since the Australian miner started commercial operations in January 2015. It’s also the sixth largest in the mine’s history. The largest ever recovery was a […]

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208-carat diamond is the most recent discovery at the Lulo mine https://www.thejewelrymagazine.com/208-carat-diamond-is-the-most-recent-discovery-at-the-lulo-mine/ Mon, 06 Nov 2023 05:29:55 +0000 https://www.thejewelrymagazine.com/?p=20205

A 208-carat diamond was found in the Lulo mine, located in the province of Lunda Norte. According to the company Lucapa Diamond Company, this is the third largest diamond to be recovered in that mine since mining operations began. In a statement, to which VerAngola had access, the company informs that the most recent discovery […]

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Lucapa Upbeat Over Results of Initial Exploration Efforts to Locate Lulo Kimberlite Source https://www.thejewelrymagazine.com/lucapa-upbeat-over-results-of-initial-exploration-efforts-to-locate-lulo-kimberlite-source/ https://www.thejewelrymagazine.com/lucapa-upbeat-over-results-of-initial-exploration-efforts-to-locate-lulo-kimberlite-source/#respond Fri, 21 Feb 2020 11:34:10 +0000 https://www.thejewelrymagazine.com/?p=15721

Lucapa Diamond has described the initial results of its exploration to locate the hard-rock kimberlite source(s) of the alluvial diamonds within the prolific Lulo diamond field in Angola as “exciting and highly encouraging”, and expressed confidence that the initial data has justified the efforts taken in this direction. In a statement issued by the Company […]

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Graff to buy diamonds from Lucapa Diamond Company https://www.thejewelrymagazine.com/graff-to-buy-diamonds-from-lucapa-diamond-company/ https://www.thejewelrymagazine.com/graff-to-buy-diamonds-from-lucapa-diamond-company/#respond Wed, 29 Jan 2020 07:41:20 +0000 https://www.thejewelrymagazine.com/?p=15551

Safdico, Graff’s subsidairy, provies the highend jewellery house with rarest polished diamonds from accross the world. Under the agreement signed, Safdico will purchase 60 per cent of diamond roughs from Lulo mine. The Lulo diamonds purchased by Safdico are placed into the cutting & polishing partnership. Once procurement and manufacturing costs are deducted, the profits […]

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Australias diamond output will fall 99 percent after Argyle closure https://www.thejewelrymagazine.com/australias-diamond-output-will-fall-99-percent-after-argyle-closure/ https://www.thejewelrymagazine.com/australias-diamond-output-will-fall-99-percent-after-argyle-closure/#respond Mon, 29 Jul 2019 06:52:14 +0000 https://www.thejewelrymagazine.com/?p=13886

Rio Tinto’s planned closure of the Argyle mine in 2021 is set to reduce Australia’s rough diamond output by 99 percent, GlobalData anticipates. The mining output will decline to just 137,000 carats from the current level of 14.2 million carats. GlobalData reported that Australia’s supply of rough diamonds has relied entirely on Argyle after the […]

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Rough diamonds from Mothae fetch US$3.5 million in Antwerp https://www.thejewelrymagazine.com/rough-diamonds-from-mothae-fetch-us3-5-million-in-antwerp/ https://www.thejewelrymagazine.com/rough-diamonds-from-mothae-fetch-us3-5-million-in-antwerp/#respond Thu, 30 May 2019 00:51:13 +0000 https://www.thejewelrymagazine.com/?p=13398

ASX-listed Lucapa Diamond Company and the Government of Lesotho have announced results from the second tender in 2019 of diamonds from the new Mothae kimberlite mine in Lesotho. The parcel of 7,008 carats of rough diamonds sold at tender in Antwerp for a total of US$3.5 million. The tender included prices of up to US$26,000 […]

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130 carat gem quality diamond recovered at Lulo https://www.thejewelrymagazine.com/130-carat-gem-quality-diamond-recovered-at-lulo/ https://www.thejewelrymagazine.com/130-carat-gem-quality-diamond-recovered-at-lulo/#respond Fri, 17 May 2019 08:10:24 +0000 https://www.thejewelrymagazine.com/?p=13239

ASX-listed Lucapa Diamond Company and its partners have announced the recovery of a 130-carat gem quality diamond from the Lulo diamond project in Angola. The 130-carat diamond is the 13th +100 carat diamond recovered to date and the second recovered so far in 2019. This recovery, together with the continued recovery of other large special […]

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Lulo To Pay Out Dividend and Loan Repayment Amounting to US$ 8 Mn https://www.thejewelrymagazine.com/lulo-to-pay-out-dividend-and-loan-repayment-amounting-to-us-8-mn/ https://www.thejewelrymagazine.com/lulo-to-pay-out-dividend-and-loan-repayment-amounting-to-us-8-mn/#respond Mon, 24 Dec 2018 13:03:23 +0000 https://www.thejewelrymagazine.com/?p=11848

Lucapa Diamond Company Limited announced today that the General Assembly of Sociedade Mineira Do Lulo (SML ) – in which it is a joint venture partner along with Empresa Nacional de Diamantes E.P. (Endiama) and Rosas & Petalas – has decided upon a payout of US$ 8 million, as dividend distribution and loan repayment. This […]

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Lucapa recovers 78 carat diamond in Lesotho https://www.thejewelrymagazine.com/lucapa-recovers-78-carat-diamond-in-lesotho/ https://www.thejewelrymagazine.com/lucapa-recovers-78-carat-diamond-in-lesotho/#respond Mon, 10 Dec 2018 10:17:17 +0000 https://www.thejewelrymagazine.com/?p=11661

Lucapa Diamond Company and the Government of the Kingdom of Lesotho has recovered a 78-carat white diamond from the high-quality Mothae kimberlite mine in Lesotho. The 78-carat white diamond is the largest special recovered through the new 1.1 Mtpa Mothae treatment plant following the commencement of commissioning and recovery of commercial diamonds, again highlighting Mothae’s […]

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Diamonds from Lulo destined for historic tender https://www.thejewelrymagazine.com/diamonds-from-lulo-destined-for-historic-tender/ https://www.thejewelrymagazine.com/diamonds-from-lulo-destined-for-historic-tender/#respond Sat, 08 Dec 2018 11:30:26 +0000 https://www.thejewelrymagazine.com/?p=11652

Lucapa Diamond Company and its partners have announced that diamonds from the Lulo mine in Angola will feature in a historic inaugural international tender. This falls under Angola’s new diamond marketing laws just approved by the President of Angola, Joao Lourenco, and the Council of Ministers. As such, Sociedade Mineira Do Lulo (SML) will showcase […]

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