Lucapa Diamond Company Limited has recovered a gem-quality, 46-carat pink diamond from the Lulo diamond project in Angola.
The diamond is the largest gem-quality colored recovered to date from the Lulo mining operations, eclipsing the 43-carat yellow gem recovered in January 2018 and the 39-carat pink recovered in September 2016.
The Dubai Multi Commodities Centre (DMCC) held the 7th edition of its industry-leading annual Dubai Precious Metals Conference (DPMC) in April, with more than 300 participants from across the globe listening as speakers and panelists from the precious metals sector discussed issues and opportunities critical to the future of the worldwide trade.
The first India Diamond Week will be held at the Bharat Diamond Bourse (BDB) in Mumbai, India, from April 25-27.
The event will see 200-250 Indian companies displaying polished diamonds to buyers from across the world.
A new program aimed at helping diamond and gemstone buyers, sellers and tradeshow organizers work efficiently called EasyShow is set to be launched.
The Israel Diamond Exchange (IDE) reports that hotel rooms for participating buyers are rapidly running out for the 7th International Diamond Week in Israel (IDWI).
Consequently, people registering late for the event will not be guaranteed free hotel accommodations, the IDE added.
The GIA plans to open a laboratory in Surat, India, and expand its long-term presence in Antwerp in the second quarter of this year, as it aims to meet the needs of the global gem and jewelry industry.
The GIA announced that it has premises in both locations.
Lucapa Diamond Company has recovered more large diamonds from the Lulo diamond mine in Angola.
The latest stones include diamonds weighing 103 carats and 83 carats, both recovered from Mining Block 8.
"The 103-carat light brown diamond and 83-carat Type IIa diamond continue to evidence the special nature and potential of the Lulo resource," the miner said.
In December, ALROSA's Udachny Mining and Processing Division completed the removal of 75 tons of diamondiferous ore from Verkhnyaya Muna for the trial processing at Processing Plant No. 12 and recovered first diamonds from Verkhne-Munskoe deposit.
The development of processing technology is required to prepare for commercial launch of the deposit scheduled for 2018.