Discover the dozen up-and-coming brands exhibiting in the Design Atelier for the first time.
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 entrepreneur and “Shark Tank” star will share his top tips for success.

Two existing executives have been given new roles.

When investing in your jewelry business, it's important not to overlook the most crucial element of success: the sales associates.

Meredith Tiderington, an electrical engineering student, was selected for the award.


It will quit assigning the stones specific color and clarity grades in favor of applying “new descriptive terminology.”

From design trends to sustainability, here’s a roundup of can’t-miss education sessions at JCK Las Vegas.

More shoppers are walking out without buying. Here’s how smart jewelers can bring them back—and the tool they need to do it right.

The Jewelers’ Security Alliance offers advice for those attending the annual trade shows.

Her new role is director of strategic initiatives.

The designer is embracing bold pieces with weight to them in “AU79,” a collection she celebrated with a creative launch party.

On an earnings call, CEO J.K. Symancyk discussed what’s working for the company and how it’s preparing for the potential impact of tariffs.

The index partially rebounded after months of decline, due in part to the U.S.-China deal to temporarily reduce import tariffs.

The actress stars in the latest campaign set in Venice, Italy, and is set to participate in other creative initiatives for the jeweler.

The company has joined other labs, including GIA and Lotus Gemology, in adopting the Chinese term for "jadeite jade."

Located in Bangkok, the laboratory is Gemological Science International’s 14th location worldwide.

Those born in June have a myriad of options for their birthstone jewelry.

The diamond industry veteran has been named its senior sales executive.

The company plans to raise the prices of select watches to offset the impact of tariffs.

Between tariffs and the sky-high cost of gold, designers enter this year’s Las Vegas shows with a lot of questions and few answers.

Designed by founder Renato and his daughter Serena Cipullo, it showcases a flame motif representing unity and the power of gathering.

However, the tariffs remain in effect in the short term, as an appeals court has stayed the U.S. Court of International Trade’s decision.

The pop icon is one step closer to launching her “B Tiny” jewelry collection, a collection she first began posting about last fall.

Sponsored by Stuller

It was featured in the miner’s latest sale, which brought in $24.8 million.

GemText AI uses artificial intelligence to generate tailored product titles, descriptions, and tags with jewelry-specific language.

The 3,300-square foot location is the jeweler's largest store in North America.