The Doha International Diamond & Gemstone Conference (DIDGC) 2025 is set to transform Qatar’s capital into the nucleus of the global diamond and gemstone industry. This highly anticipated event will bring together key players, thought leaders, and innovators to redefine the future of the industry under the theme, “The New Connection.” Reimagining the Industry for […]

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Lucara Diamond Corporation has officially named its extraordinary 2,488-carat diamond, discovered in August at the Karowe mine in Botswana. The gem, now known as Motswedi, holds the title of the world’s second-largest diamond ever unearthed. The name Motswedi, meaning “a water spring” or “flowing underground water that emerges to sustain life,” was chosen from over […]

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Lucara’s on-off deal for HB Antwerp to sell its specials from the Karowe mine, Botswana, is back on again. The Canadian miner yesterday (18 February) announced details of a 10-year deal that is very similar to the one it abruptly ended last September. Lucara was less than a year into a 10-year agreement when it […]

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Lucara is forecasting a revenue increase of at least 30 per cent next year after cutting its 2023 prediction earlier this month. The Vancouver-based miner said it would be using it sales channels to maximize revenue and generate consistent cash flow. In September it ditched a 10-year deal with HB Antwerp to sell the +10.8-ct […]

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The Botswana government is rethinking its proposed deal with HB Antwerp, after Canadian miner Lucara last week announced it was pulling out of a 10-year sales agreement with the company. The government said in March that it would be buying a 24 per cent stake in HB, a new venture that pledged to reinvent the […]

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Lucara has announced another huge diamond – a 692.3-ct Type IIa high white gem – just two weeks after the recovery of a 1,080-ct stone. Both are from the Karowe mine, in Botswana, which the Canadian miner has operated since 2012. Lucara says the diamond measure 46.5mm x 40.7mm x 28.4 mm. It is the […]

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Eight major diamond manufacturers have joined forces with the Natural Diamond Council (NDC) to promote the industry and educate consumers. Shree Ramkrishna Exports (SRK), Hari Krishna Exports Pvt. Ltd. (HK), Rosy Blue, Venus Jewel, Diarough, Dianco, Jewelex and Shivam Jewels have all agreed strategic partnerships. Diamond broker Bonas Group, the largest global independent diamond and […]

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Canadian diamond miner Lucara Diamond Corp informed that its mining licence for Karowe was renewed by the Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security for a period of 25 years. The renewal is effective 4th January, 2021, securing Lucara’s mining rights to 2046 and marking a critical step in the formal sanction […]

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The Diamond Producers Association has revealed a major company overhaul, including a new name, platform, and identity. Launched today, the Diamond Producers Association will now be known as the Natural Diamond Council (NDC). The NDC will serve to promote the desirability of natural diamonds and support the integrity of the diamond jewellery industry. As an […]

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Lucara says its sale of large stones from the Karowe mine, in Botswana, may not take place next month as planned. The quarterly tender in Gabarone in May is under threat from COVID-19 and may be replaced by sales in Antwerp, the Canadian miner said. Most of Lucara’s revenue comes from the sale of stones […]

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