Showing posts with label 1. Show all posts
Showing posts with label 1. Show all posts

Monday, 3 March 2025

HB Antwerp to Cut Lucara’s 1,094 carat Rough Diamond

the Seriti diamond

The 1,094-carat Seriti diamond recovered last September from Lucara’s Karowe mine, in Botswana, is now in Belgium, where it will be cut by HB Antwerp as part of an ongoing partnership.

HB, founded in 2020, cut the 1,758-carat Sewelo diamond and the 549-carat Sethunya diamond – both of which were recovered at Karowe and both of which were bought by Louis Vuitton.

Exact prices were not disclosed, although Lucara did say last month that the Sethunya and the 1,080 carat Eva Star, sold for a combined $54m. HB gave no details of a buyer for the Seriti.

Seriti is the world’s sixth largest rough diamond, and the sixth +1,000-ct diamond recovered at Karowe.

HB says it will use “groundbreaking technology, traceability, and expertise to unlock the full brilliance of nature’s most exceptional creations”.

That includes its proprietary Hyperloupe technologies, designed specifically for large (up to 6,000 carats) and complex diamonds.

HB has a 10-year contract with Lucara to cut all its +10.8-cts stones. They account for around 70 per cent of the miner’s revenue.

Source: Idex

Wednesday, 7 July 2021

Botswana second huge diamond unearthed in a month

 

                           1,174 carat diamond

An exceptionally large and white 1,174 carat diamond stone has been unearthed in Botswana, trumping another huge precious stone that was found in the African country in June.

The latest find, which fills the palm of a large hand, was also discovered in June, on the 12th. It was found by the Canadian Diamond firm Lucara and presented to the country’s cabinet in Gaborone on Wednesday.

“This is history in the making, for us and Botswana as well,” said the company’s managing director, Naseem Lahri, adding that the diamond was in third position among the world’s largest gemstones.

On 1 June the Botswanan diamond firm Debswana said it had recovered what was then the “third largest” stone in the world, weighing in at 1,098 carats.

Botswana leads the world for the largest precious stones, accounting for six in the top 10 list. The country is Africa’s leading diamond producer.

The biggest diamond ever discovered anywhere was the 3,106 carat Cullinan, found in South Africa in 1905. Parts of that diamond adorn the British crown jewels.

Mokgweetsi Masisi, the president of Botswana, on Wednesday welcomed the “riveting moment” and the frequency of diamond discoveries in his country.

Source: DCLA

Botswana second huge diamond unearthed in a month

 

                           1,174 carat diamond

An exceptionally large and white 1,174 carat diamond stone has been unearthed in Botswana, trumping another huge precious stone that was found in the African country in June.

The latest find, which fills the palm of a large hand, was also discovered in June, on the 12th. It was found by the Canadian Diamond firm Lucara and presented to the country’s cabinet in Gaborone on Wednesday.

“This is history in the making, for us and Botswana as well,” said the company’s managing director, Naseem Lahri, adding that the diamond was in third position among the world’s largest gemstones.

On 1 June the Botswanan diamond firm Debswana said it had recovered what was then the “third largest” stone in the world, weighing in at 1,098 carats.

Botswana leads the world for the largest precious stones, accounting for six in the top 10 list. The country is Africa’s leading diamond producer.

The biggest diamond ever discovered anywhere was the 3,106 carat Cullinan, found in South Africa in 1905. Parts of that diamond adorn the British crown jewels.

Mokgweetsi Masisi, the president of Botswana, on Wednesday welcomed the “riveting moment” and the frequency of diamond discoveries in his country.

Source: DCLA

Bombshell: Trump’s 26% Tariffs on Indian Exports

India’s diamond industry is in shock today after the US imposed 26 per cent reciprocal tariffs on all its exports. That’s almost double the ...