A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Lucapa Unearths 404-Carat Diamond
The stone is the fourth 100-plus-carat diamond to be discovered at Lucapa’s Lulo Mine in Angola since alluvial mining began there last year.
Perth, Western Australia--Lucapa Diamond Co. said Monday that it has discovered the largest recorded diamond ever found in Angola, a 404.2-carat stone that has tested as Type IIa and D color.
It was recovered from alluvial mining block 8 at the Lulo Mine, which the company said has produced more than 60 large, special diamonds since mining commenced there in August of last year. The most recent large diamond found here weighed 133.4 carats.
The recently found 404-carat diamond already holds a few records, according to Lucapa.
The company said it is the 27th largest recorded diamond in the world, and the biggest diamond ever discovered by an Australian mining company. It also is the fourth 100-plus-carat diamond to be recovered from Lulo to date, as well as the 114th largest “special” diamond--meaning it weighs more than 10.8 carats--recovered from the mine.
“The Lulo diamond field is an example of what we would like to showcase to the world in encourage international investment in Angola’s diamond mining industry,” said Antonio Carlos Sumbula, chairman at Endiama, the national diamond company of Angola that controls mining rights in the country.
The Lulo project is a partnership between Lucapa, Endiama and Rosas and Pétalas. Lucapa is the operator with a 40 percent interest in mining operations, followed by Endiama (32 percent) and Rosas and Pétalas (28 percent.)
Alluvial mining operations at Lulo began in 2015.
“We have always emphasized the very special nature of the Lulo diamond field and this recovery … is further evidence of that,” said Lucapa CEO Stephen Wetherall. “And while we continue mining these exceptional alluvial gems from mining blocks 6 and 8 at Lulo, we are also continuing to advance our systematic exploration program to find the kimberlite source of these diamonds.”
The Latest
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.