Diamond Education Training and Development

Angola’s Catoca lost approx $464 million

Angola’s Catoca, “Sociedade Mineira de Catoca” the world’s fifth largest diamond mine, estimates it lost $464 million over the past six years due to a government-imposed marketing system that obliged it to sell production below international prices, a company presentation seen by Reuters showed. The figure was presented during a private meeting in March between …

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Angola Diamond Rush

Lucapa prepares for Angola diamond rush Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or “the Company”) provides the following transcript of the address by Chairman Miles Kennedy to shareholders at the Company’s 2018 Annual General Meeting held Thursday May 24.2018. For and on behalf of the Lucapa Board. MARK CLEMENTS COMPANY SECRETARY “Welcome everyone to …

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Mothae mine Lucapa

Lucapa Raises Targets for Lesotho Mine – Rapaport

RAPAPORT… Lucapa Diamond Company has raised its output, cash-flow and mine-lifespan forecasts for the high-value Mothae kimberlite diamond project in Lesotho, where operations are due to start next year. Lucapa Raises Targets for Lesotho Mine – Rapaport    

diamond producing countries

Diamond Producing Countries

Who are the Diamond Producing Countries? Diamonds are mined in 24 different countries know as  diamond producing countries. Group 1 countries produce the fewest pure gem quality diamonds. They mainly produce industrial diamonds and near-gem quality diamonds destined for fashion jewelry markets. Group 2 countries produce the largest number of commercial grade diamonds mainly destined …

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Lucapa Diamond Sells

Lucapa Diamond Company Ltd. sold a fourth parcel of diamonds from its Lulo diamond concession in Angola, achieving $2.3 million or $1,500 per carat. The parcel included a 63.05-carat, D, type IIa stone.  Lucapa’s proceeds from the four parcels, totaling 3,856 carats, reached $7.7 million, or nearly $2,000 per carat. The Lulo diamond field has produced fancy colored diamonds …

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