Author Archives: Shereen Lareef

Lucapa’s Fourth Parcel of Diamonds from Lulo Generate US$2.3 million at US$1,500 per carat

Lucapa Diamond Company in a press release dated May 19, 2015, announced the sale of a fourth parcel of diamonds from its Lulo Diamond Concession in Angola, realizing gross proceeds of A$2.9 million (US$2.3 million), as alluvial mining operations at the project continue to expand further. The average price-per-carat of the 1,539-carat parcel works out […]

Pandanus candelabrum a botanical indicator for kimberlite pipes identified in West Africa

Association between certain plant species and specific minerals in the soil have been known since medieval times, as in the case of Sweden, where plants have been used to locate sources of copper. Botanists and Geologists have also known for a long time that certain plant species have adapted themselves to grow in certain soil […]

Summary of CIBJO Annual Congress Proceedings on May 5, 2015, the Second Day of the Congress

On the second day of the CIBJO Congress which is underway in Salvador, in the Brazilian State of Bahia, the CIBJO President Gaetano Cavalieri has released a special report, covering the organisation’s activities and issues on the industry agenda. The President’s report covers a wide range of subjects, including the state of small and medium-sized […]

IDI’s “Find Your Diamond” Software to be Installed at JCK Las Vegas 2015

The Israeli Diamond Industry will once again be among the largest international exhibitor groups, at the forthcoming JCK Las Vegas Show taking place from May 29 to June 1, 2015, at the Mandalay Bay Resort & Casino, Las Vegas, Nevada, USA. According to the Israeli Diamond Institute (IDI) nearly a hundred Israeli diamond companies will […]

Susie Clark from Arkansas finds 3.69-carat white diamond at Crater of Diamonds State Park

Susie Clark of Evening Shade, Arkansas, had first visited the Crater of Diamonds State Park as a kid, 33 years ago in the company of her mother and grandmother from Germany. In mid-April this year she decided to pay a return visit to the Park in the company of her husband, and try their luck […]

Herman Van Rompuy, Former EU Presidet to Open Second Dubai Diamond Conference

The Dubai Diamond Exchange (DDE), a DMCC platform and the only diamond exchange in the Arab World affiliated to the World Federation of Diamond Bourses, announced on February 16, 2015 that the two-day Second Dubai Diamond Conference, scheduled to be held from April 21-22, 2015, will be officially opened by Mr. Herman Van Rompuy, Former […]

CEO DE BEERS SOUNDS A NOTE OF OPTIMISM ON THE FUTURE OF THE DIAMOND INDUSTRY

De Beers Group Chief Executive Philippe Mellier addressing a Sightholder reception on Tuesday night in Gabarone coinciding with the first De Beers Sight for 2015, said that maintaining success in the diamond industry is dependent upon investment to sustain supply, finance and demand, a task towards which the company had dedicated itself in the recent […]

Highlights of Sotheby’s Hong Kong Fine Jewels & Jadeite Sale November 27, 2014

Following Sotheby’s highly successful Hong Kong Fine Jewels & Jadeite Sale held in December 2013, the auction house has announced the holding of the much anticipated event for this year, on Thursday, November 27, 2014 at their Hong Kong Gallery, 5/F One Pacific Place, 88 Queensway, Hong Kong at 2.30 PM HKT. The auction will […]

6.19-carat white diamond discovered by David Anderson at Arkansas Crater of Diamonds State Park

In a news release dated April 16, 2014, the authorities of the Crater of Diamonds State Park, Arkansas, announced the discovery of a significant white diamond weighing 6.19 carats, the largest white diamond discovered in three years, since the 8.66-carat, Illusion Diamond was discovered in April 2011 by Beth Gilbertson of Salida, Colorado. The marquise-shaped, […]