Tag: dubai diamond exchange

Lucapa Strikes Diamond Jackpot with 235-Carat Gem from Lulo Mine

Lucapa has announced the recovery of a 235-carat diamond at its Lulo mine in Angola, just a week after unveiling a 208-carat stone from the same location, IDEX Online reports.    Both diamonds are classified as Type IIa and mark the 39th and 40th +100-carat recoveries since the alluvial mine
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Solitaire vs. Three-Stone Engagement Rings

One of the first questions you have to ask yourself while engagement ring shopping is whether you want one stone or three. For some people, this decision depends on the center stone they choose. Others know what they want right away. If you’re among the shoppers who aren’t sure which style they want, that’s okay. This guide will explain the differences between the two engagement ring styles and help you determine which option is right for you. 

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Gem Diamonds Unearths Two +100-Carat Diamonds at Letseng

Gem Diamonds has made a significant discovery at its Letseng mine in Lesotho, unearthing its fourth and fifth +100-carat diamonds of the year, IDEX Online reports. The UK-based miner recovered two high-quality Type IIa D color diamonds, weighing 117.47 carats and 110 carats.   Earlier this month, Gem Diamonds found
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Lulo Mine Yields 208-Carat Diamond, Third Largest in Its History

Lucapa Diamond Company has reported the discovery of a 208-carat Type IIa diamond at the Lulo mine in Angola. According to Mining Weekly, this is the third-largest diamond recovered from Lulo since mining started there in 2015.   To date, Lulo has produced 39 diamonds weighing over 100 carats. This
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Canadian Diamond Production Achieves Record High

In 2022, Canada‘s trio of diamond mines – Ekati, Diavik, and Gahcho Kue – reached an unprecedented production value of US $1.58 billion (CAN $2.17 billion), as reported by Canada’s Natural Resources Department (NRCan).    According to IDEX Online, this marks a substantial 28% surge for these Northwest Territories-based mines.
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De Beers’ Q3 Diamond Production Takes a Nosedive

De Beers has reported a 23% decline in rough diamond production for the third quarter of 2023, mainly attributed to planned reductions in its mines in South Africa, Diamond World reports.   In Q3, the total rough diamond production for De Beers totaled 7.4 million carats, with South Africa’s Venetia
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