Feb 17, 2016An astounding 404.2-carat diamond, the largest diamond ever discovered in Angola, was recently unearthed. This diamond, at almost 3 inches
The Dubai Multi Commodities Centre (DMCC) is in a bid to secure direct rough diamond shipments Angola. The DMCC, of which the Dubai Diamond Exchange (DDE) is part of, said it "has begun exploring opportunities to strengthen ties with Angola in the area of diamond
Certified Loose Diamonds After being cut and polished, most high-quality loose diamonds are subject to a certification process by a gemological laboratory, such as the GIA, AGS, or EGL. The laboratory evaluates each stone to ensure that it is a natural diamond stone, also indicating if it has been enhanced in any way.
Lucara Diamond Corp (TSX LUC), owner of the mine, held three large-diamond tenders in 2014, resulting in $46.4M from the sale of 14 diamonds with a combined weight of 1,539 carats, equating to $30,150 per carat.
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LUANDA (Reuters) Angola plans a new system for selling rough diamonds as part of President Joo Loureno's efforts to increase investment, production and government revenue, a draft decree shows.
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Luanda — At least USD 250.4 million were collected for the coffers of the states, with selling of 2.1 million carats of diamonds during the first quarter of this year.
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Diamond Sorting and Valuing is the step where diamonds are graded and categorised/valued in preparation for sale; in the formal sector this is done by the producers who seek to maximise value by creating assortments for specialist trade customers to purchase. This activity is principally carried out in African producing countries, Russia or in
ABSTRACT. Since 2007, rough diamond prices have become extremely volatile. One reason is the growing percentage of rough diamonds now sold by tender and live auctions rather than the century-old system of marketing rough diamonds at set prices to a pre-approved clientele.
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weeks of travel by researchers in Guinea and in the diamond fields of Sierra Leone, Angola and the DRC goes beyond exhortation Given the large mark-up at the first point of sale, and the almost complete absence of a free market diamond economy in the a quantum change in the artisanal alluvial diamond fields of Africa.
Diamonds have funded brutal wars in countries such as Angola, Central African Republic, the Democratic Republic of Congo, Liberia, and Sierra Leone, resulting in the death and displacement of millions of people. There is a reason they are dubbed 'Blood Diamonds'.
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Angola plans a new system for selling rough diamonds as part of President Joo Loureno's efforts to increase investment, production and government revenue, a draft decree shows. Diamond producers say they have struggled to make money in Angola due to a marketing system that obliged them to sell
Alluvial diamond mining is the term used to describe the process through which diamonds are recovered from such deposits of sand, gravel and clay. Large concentrations of alluvial diamond deposits are mined on an industrial basis.
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(Ecofin Agency) In Angola, the first sale of alluvial diamonds from Lulo mine for H2 this year generated gross revenues of $2 million. Lucapa Diamond and its project partners reported today July 24 that they sold 2,527 carats at an average price per carat of $800.
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Australian-based Lucapa and its partners Empresa Nacional de Diamantes E.P. and Rosas and Petalas, are pleased to announce the recovery of a 227 carat diamond from the Lulo Diamond Project in Angola.