Jake Duneier and Danielle Duneier-Goldberg have stepped into the roles of CEO and president, respectively.
Botswana’s Karowe Mine Yields Another Huge Stone
It weighs 1,758 carats and is described as being “near-gem of variable quality.”

Discovered over Easter weekend, the huge stone is still being analyzed, but Lucara described it as being “near-gem of variable quality,” meaning it is an industrial diamond with sections that could produce gem-quality stones.
The 1,758-carater is one of largest rough diamonds recovered in recent history, and the second 1,000-carat-plus stone recovered from Karowe since 2015.
The largest known gem-quality diamond in history is the Cullinan, which was found in South Africa in 1905.
There has been a larger stone recovered than the Cullinan—the 3,167-carat carbonado diamond dubbed the “Carbonado do Sergio” discovered in Brazil in 1895. Carbonado diamonds are industrial-quality stones that are opaque and believed to be found only in Brazil and the Central African Republic, Stephen E. Haggerty, a research professor at Florida International University in Miami, wrote in the summer 2017 issue of GIA’s Gems & Gemology.

Lucara recovered the huge stone using XRT (X-ray transmission) technology from Tomra Sorting Solutions, which designs and manufactures sorting equipment for the mining, food and recycling industries.
In the past, many large rough diamonds were crushed during recovery because De Beers, the main diamond miner at that time, did not have the technology to detect them and, to an extent, did not care, Gemological Institute of America Senior Analyst Russ Shor wrote in a 2016 research article.
Making money in diamond mining was about speed, he wrote, with the per-carat price differential between large (above 10 carats) and small diamonds not enough to make it worth De Beers’ while to retool its processing.
(De Beers actually was the company that discovered the kimberlite pipe at Karowe in 1969 but never commercially mined the deposit. It sold its final stake in the site to Lucara in 2010.)
RELATED CONTENT: Graff Cut This 302-Carat Diamond from Lesedi La Rona
Today, large diamonds fetch huge sums on the global market so miners are putting time and money into technology that spares them.
Tomra’s XRT is sensor-based bulk sorting that can pick out the diamonds even if they are coated, low-luminescent or Type II, the company says.
Lucara implemented XRT at Karowe in 2015 and, since that time, it said it has recovered 12 diamonds weighing 300 carats or more. Half of those dozen diamonds have been gem quality and sold for a total of more than $158 million.
This includes the 1,109-carat Lesedi La Rona, which turned up in fall 2015.
Lucara expects to keep finding large, high-quality diamonds at Karowe, noting: “Each deposit has a characteristic size distribution of diamonds … The vast majority of diamond mines have ‘fine’ distributions and host [very] few large/coarse diamonds, regardless of grade. The Karowe mine has a very coarse distribution of large diamonds, up to 5 times the world average.”
The Latest

The “Impermanence” collection contemplates nature through the Japanese art of Ikebana (flower arranging) and philosophy of wabi-sabi.

The Texas-based jewelry retailer has set up shop in Tennessee and Arizona.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Eric Ford will step into the role, bringing with him decades of experience.


In addition to improved capabilities, the acquisition will allow the jeweler to offer support to other independent jewelers.

The “Celestial Blue” capsule collection campaign features Olympian Kateryna Sadurska.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

The seasonal store, located in Mykonos, Greece, offers exclusive events, personal styling, and curated experiences.

The New England jeweler is hosting a bridal event for the month of August.

Its sessions will focus on inventory strategies, staff performance, retention and acquisition, emerging market trends, and more.

For its 10th anniversary, Miseno designed the “Arco” earrings based on the Arco Felice, an arch conceptualized in A.D. 95 in Miseno, Italy.

The jewelry company is one of several contributing to relief efforts in the region after the recent floods.

Inspired by fiancé Sid Wilson’s nickname for her, the white and yellow diamond ring features a unique honeycomb design.

The brand is marking its 50th anniversary with a limited-edition bangle, high jewelry suites, new collections, and more.

Goldfarb said changes in the industry, coupled with his age and the updates needed to modernize his business, drove his decision.

Longtime LVMH executive Michael Burke has stepped into the role.

Central topics of next week’s event include climate action, labor rights, artisan preservation, and value retention in producing countries.

Vickie Rokkos has joined the jewelry company as its new national sales director of North America.

Turbulence will be the new baseline for luxury as it faces its biggest potential setbacks in 15 years, a recent report said.

Sponsored by Rio Grande Jewelry Supply

The “For the Love of Fruits” collection features five fruit pendants, each holding a different meaning.

Diamonds and crimes (some involving diamonds) top the list of National Jeweler’s most popular stories halfway through the year.

The “Les Pétales” collection imagines roses caught mid-bloom as a tribute to nature’s beauty.

Luxury brands charge thousands for their shoes and handbags. Jewelers pricing diamond products should take note, Peter Smith writes.

Rotenberg was an active member of the American Gem Society and an accomplished appraiser who also worked with therapy dogs at a hospital.

It follows New York-based brand Shahla Karimi Jewelry’s all-women team in “Say Yes to the Dress” meets “The Office”-style episodes.