Gabrielle “Coco” Chanel is a character in the “Coco Game” collection of watches and the queen in its first haute horlogerie chessboard.
Lulo Mine in Angola Yields 43-Carat Yellow Diamond
It’s the largest gem-quality colored diamond recovered from the mine to date.

Lucapa, Angola--Lucapa Diamond Co. Ltd. reported Wednesday it recently recovered a 43-carat yellow diamond from the Lulo Diamond Project in Angola.
It is the largest recorded gem-quality colored diamond found at the mine to date, topping the 39-carat pink unearthed in September 2016 by nearly 5 carats.
The yellow stone was recovered from Mining Block 8, which also just yielded a 116-carat diamond that Lucapa said is a boart (non-gem-quality) stone. The diamond was recovered through the XRT large-diamond recovery circuit installed at Lulo in late 2016. (The XRT, or x-ray transmission, sorters are being used by more diamond companies today because they help to prevent large diamonds from getting broken up during processing.)
The 116-carat stone is the tenth 100-carat-plus diamond found at Lulo to date, and the second one within the first three weeks of 2018. Last week, Lucapa reported finding a 103-carat light brown diamond at the mine.
The year has started out on a strong note for smaller diamond mining companies that depend heavily on large, high-value finds to keep their operations funded.
In addition to the 43-carat yellow and the 116-carat boart diamond, Lucapa has found a 103-carat and an 83-carat Type IIa diamond so far this year.
But the biggest find of 2018 to date belongs to Gem Diamonds, which announced this week the recovery of a 910-carat diamond, the fifth largest gem-quality diamond ever found. It came shortly after the mining company unearthed two Type IIa stones weighing more than 100 carats each at the same mine, Letšeng in Lesotho.
Lucapa, in conjunction with its partners Empresa Nacional de Diamantes E.P. (Endiama) and Rosas & Petalas, operates the Lulo Diamond Project in Angola and has a 70 percent stake in the Mothae kimberlite project in Lesotho, which is only about 5 kilometers (3.1 miles) from Letšeng.
Lucapa said previous trial mining at Mothae showed it to be a source of large, high-value diamonds. It remains on track to begin producing in the second half of 2018.
The Latest

The annual list honors rising professionals on the retail and supply sides of the jewelry industry.

Seized in Kentucky, the packages include fake Cartier, Tiffany & Co., Chanel, and Fendi jewelry.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Rodolfo Lopez-Portillo faces 25 years to life in prison after being found guilty in the March 2022 beating death of Arasb Shoughi.


“Jewelry Creators: Dynamic Duos and Generational Gems” highlights the relationships among 22 influential designers, brands, and gem dealers.

The AJS Spring 2027 show will be held in Savannah, Georgia, with future shows taking place in other Southeast cities.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The jewelry retailer plans to open 20 new stores this year and expand into new product categories.

Flower motifs are the jewelry trend blooming amongst the new collections that debuted this spring.

The retailer reported an 8 percent decline in annual sales as it struggles under the weight of billions of dollars of debt.

The “Devil” drop earrings, our Piece of the Week, are part of designer Edina Kiss’ new namesake jewelry line that she will show at Couture.

The alert states that burglary crews are targeting jewelry businesses and details how jewelers and refineries can protect themselves.

The “watchmaker of shapes” debuted the reworked version of the vintage sports car-inspired timepiece at Watches & Wonders.

As demand for jewelry retail coaching grows, the company has established a dedicated business coaching leadership team.

The “Mountings 2026-2027” catalog showcases Stuller’s largest and most diverse assortment to date with more than 400 new mounting styles.

Sally Morrison and Mark Klein discuss De Beers’ first beacon in 16 years and the mistake the industry made with lab-grown diamonds.

McKenzie spent 45 years with Spark Creations and is remembered for being kind, dedicated, and hardworking.

Rolex focused exclusively on the Oyster Perpetual this year, as the model is celebrating its 100th anniversary.

The luxury giant discussed the Middle East conflict and its transformation plans, hinting at a stronger jewelry presence in North America.

“Diamond Divas,” a social media reality series by Shahla Karimi Jewelry, is nominated in the “Best Social: Fashion & Beauty” category.

Plus, how Saks Global’s bankruptcy affected the luxury giant’s first quarter.

Presented by Mason-Kay Jade, the summit, in its second year, will again be held during the Monterey Bay Jade Festival.

The group has announced its lineup of speakers and a new “Rising Stars” pavilion.

The “Carbon Form” collection explores the contrast between high and low materials, using rubber cord alongside 18-karat gold and gemstones.

The program provides essential funding to organizations for projects that enhance the jewelry industry.

The jewelry trade show is launching its first open-to-the-public event in Coconut Grove this November.





















