As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.
Lucapa Uncovers Nearly-90-Carat Yellow Diamond
It was found at the Mothae Diamond Project in Lesotho.

New York—Lucapa’s latest diamond mining news involves another megawatt diamond being discovered in Lesotho.
Lucapa announced last week it recovered an 89.75-carat yellow diamond from the Mothae Diamond Project.
Lucapa owns 70 percent of the site, while the government of Lesotho owns the remaining 30 percent.
The miner said the diamond was uncovered in the current bulk sampling program. The project is intended to “expand and improve” Mothae by processing locations that haven’t been sampled enough in the past or were not originally included in the area.
Lucapa said the construction of Mothae’s new 150-ton-per-hour diamond plant is on schedule for commissioning in the second half of 2018.
“Having recently recovered a 25-carat yellow diamond from the previously untested neck zone in our bulk sampling program, we are tremendously encouraged that this 89-carat diamond was recovered from the southeast zone, an area of the Mothae kimberlite pipe where there has been very limited historical testing,” Lucapa Managing Director Stephen Wetherall said.
The 89-carat stone was found in the first few days of processing from the southeast area.
Wetherall continued, “This underlines our belief in Mothae. It also vindicates Lucapa’s decision to commit resources to the additional bulk sampling program as construction of our new 150-ton-per-hour commercial diamond plant continues on schedule.”
Mothae neighbors the Letšeng mine, known for yielding big diamonds, including a number weighing more than 100 carats.
The Latest

The trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.

January’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Footage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.


The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.

The Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Linda Coutu is rejoining the precious metals provider as its director of sales.

Sparkle with festive diamond jewelry as we celebrate the beginning of 2026.

The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

Shekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Its residency at Yamron Jewelers will run through May 2026.

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.






















