- NEWS OF THE DAY
- FEATURED BOURSE
- President's Message
Another Big Diamond Find For Lucara With 127-Carat Discovery
Lucara Diamond Corp. has found a 127-carat, top white gem diamond at its Karowe diamond mine located in Botswana.
Since mining began at Karowe in 2012, a total of 129 diamonds in excess of 100 carats have been recovered, 33 in 2018 alone. That tally includes 12 diamonds larger than 300 carats in size, of which five were recovered in 2018. In addition, Lucara has sold 180 diamonds in excess of $1 million each and 10 diamonds have been sold for in excess of $10 million each.
Historic London Diamond Bourse Fighting To Deal With Modern Challenges
Some names have a ring of history and tradition – and one such must surely be the London Diamond Bourse. The historic exchange, located in the heart of the historic diamond and jewelry district of Hatton Garden and just a couple of minutes away from the famous Charterhouse Street premises of De Beers, was founded in 1940.
The London Diamond Bourse is the only diamond specific trade association and physical diamond trading floor in the UK.
Open letter regarding over grading certification
The diamond industry is facing a serious challenge to its integrity which could lead to major consumer confidence problems, if diamonds are sold with overstated certification. I want to stress that this is an industry problem that must be resolved by the industry in order to retain consumer confidence in our product and sustain and develop the international diamond trade.
Recently, awareness was raised regarding problems existing within a specific laboratory group and the overstating of grading from certain laboratories in this group, which has led to the exclusion of said laboratories certificates by the Rapaport Group.