Lucapa Diamond mined pink diamond weighing 38.6 carats in the alluvial area Lulo project (Lulo) in Angola.
Lucapa are, whose shares are traded on the Australian Stock Exchange AIM, and which leads to the production of Lulo, together with the Angolan state-owned diamond company Endiama and private group Rosas & Petalas, noted that the diamond is the largest of colored stones mined at Lulo. In size it is superior to the pink stone weighing 28.5 carats, which was implemented within the framework of the recent tender parcels of diamonds from the project.
In February this year the company also managed to find a particular diamond weighing 404 carats type IIa color D, sold then for $ 16 million.
At the same time, CEO Lucapa Steven Vezeroll (Stephen Wetherall) said at a conference in the Australian Perth, the company is considering the possibility of placement of shares on the London Stock Exchange AIM, and plans to get more licenses for projects in Africa.
In addition, as stated Vezeroll, Lucapa are plans to increase its stake in the project to 40% Lulo.
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Diamond brand Hearts On Fire has appointed Stephen Barreyka (Stephane Barraque), former CEO of the premium segment Richemont and LVMH, in the newly created position of global leader in terms of revenue.
Barreyk has more than 25 years of experience in the premium segment. In his new role, he will develop the brand Hearts On Fire, and ensure its access to the international level. He, moreover, will head the team of brand sales and will manage the retail store network.
Barreyk 17 years in Richemont, and began his career with the marketing department watches Cartier, and then became head of the Department for International Development Baume & Mercier. In 2008, he joined the LVMH group like Dior Timepieces President for South and North America.
Hearts On Fire is a developer, manufacturer and marketer of luxury brand of diamonds and diamond jewelry. In 2014, a Hong Kong jeweler Chow Tai Fook bought this company, which was established in 1996.
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