IGI Grades Largest Polished Lab-Grown Diamond

The International Gemological Institute (IGI) has graded a 27-carat lab-grown stone that it claims is the world’s largest polished synthetic diamond. Indian lab-grown company Greenlab created the marquise step-cut, 27.27-carat diamond, named Om, IGI said Wednesday. The stone, which has no color enhancement, was grown using chemical vapor deposition (CVD). Along with Om, the IGI … Read more

Gem Diamonds finds 129-carat diamond in Lesotho

Africa focused Gem Diamonds has found a 129 carat rough stone at its Letšeng mine in Lesotho, the miner’s first one over 100 carats mined this year. The high quality white diamond was recovered at the site over the weekend, Gem Diamonds said. The company, known for the recovery of large, high quality stones in … Read more

Lucapa says 204 carat diamond recovered at Mothae mine in Lesotho

Lucapa Diamond Company yesterday announced the recovery of a 204 carat diamond from the Mothae mine in Lesotho. According to the company’s statement, the 204 carat white stone is the eighth +100 carat diamond and third +200 carat to be recovered from the Mothae mine since commercial mining commenced in January 2019, underlining its unique … Read more

Botswana sees Russian diamond ban opening door to synthetic gems

Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s minister told a mining conference on Monday. The United States, the world’s largest market for natural diamonds, imposed sanctions on Russia’s state-controlled Alrosa in April, aiming to cut off a source … Read more

Angolan diamond mine says Russia sanctions could hurt operations

Endiama, which holds the exclusive concession for diamond mining rights in Angola, has already flagged an almost one-third reduction in diamond output this year. Angola’s state-run diamond miner Endiama could face a hit to its operations as Western sanctions on Russia could delay supplies of parts and machinery, according to a government brochure. The government … Read more

Gem Diamonds’ Revenue Rises in Q1 2022

Gem Diamonds’ revenue in Q1 2022 (ending March 2022) has gone up 4% quarter-on-quarter and 19% year-on-year to $52.1 million, IDEX Online reports. The miner, which owns 70% of the Letseng mine in Lesotho, sold 28,461 carats during the quarter – a rise when compared to the 24,790 carats it sold in the previous quarter. … Read more

Christie’s to Auction $18M D-Flawless Diamond

Christie’s will offer a 103.49-carat diamond that could fetch up to $18 million at its upcoming New York sale. The emerald-cut, D-Flawless, type IIa stone, called the Light of Africa diamond, will headline the auction house’s Magnificent Jewels sale on June 8, it said Monday. It will be among the items featured as part of … Read more