Lucara Unearthed the Largest Diamond in Recent History

Lucara Unearthed the Largest Diamond in Recent History

$LUCRF Lucara Diamond Corp (OTCMKT:LUCRF) has unearthed the largest uncut diamond in recent history in its Karowe mine in Botswana, the Canadian company said recently, beating its own record discovery from November 2015. The 1,758-carat diamond, larger than a tennis ball, weighs close to 352 grams (12.42 oz), Lucara said. The stone is 2nd in […]

Lucapa’s Lulo Project Produced a Record Number of Unusual Diamonds

Lucapa’s Lulo Project Produced a Record Number of Unusual Diamonds

Lucapa’s Lulo Project Produced a Record Number of Unusual Diamonds $LCPDF Australia’s Lucapa Diamond (ASX:LOM,ORCMKT:LDCPF) said Thursday production at its 40%-owned prolific Lulo project, in Angola, rose 20% during the June quarter. Production at the mine, which has yielded massive diamonds this year, reached 5,058 carats during the three months to June, up from the 4,203 carats in […]

Diamonds Out of Favor with Millennial “Girls”, They Prefer Marijuana

Diamonds Out of Favor with Millennial “Girls”, They Prefer Marijuana

Diamonds Out of Favor with Millennial “Girls”, They Prefer Marijuana Diamonds are set to slump further, according to a hedge fund whose bet on Marijuana helped make it the world’s best performer in Y 2016. Prices of dDamonds and other precious gems may slump as much as 10% this year as they lose appeal with younger consumers […]

DDE Sold 5000 Carats Of Diamonds To Transatlantic Gems

DDE Sold 5000 Carats Of Diamonds To Transatlantic Gems

DDE Sold 5000 Carats Of Diamonds To Transatlantic Gems The Dubai Diamond Exchange (DDE), a subsidiary of DMCC, today announced the successful conclusion of the first of six tenders scheduled for 2017. The tender was held at the Almas Tower and was facilitated by the Dubai Diamond Exchange in a secure, transparent and regulated environment, […]

Lucapa Diamond (OTCMKT:LCPDF) Sees Record Results from Diamond Sales

Lucapa Diamond (OTCMKT:LCPDF) Sees Record Results from Diamond Sales

Lucapa Diamond (OTCMKT:LCPDF) Sees Record Results from Diamond Sales $LCPDF Shares in Australian Lucapa Diamond (ASX:LOM) (OTCMKT:LCPDF) rose Monday after the company announced a record result from the latest sale of diamonds from the Lulo diamond project in Angola. The Africa-focused miner said it has taken $8.3-M after selling 1,864 carats of rough diamonds, which […]