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Lucapa to become a niche diamond company, says Wetherall

Lucapa Diamond believes that it will become the only company in the world with multiple diamond mining operations whose average diamond value is in excess of $1,000 per carat, once the Mothae mine is commissioned this year. Company chief executive and...

19 february 2018

Zimnisky: Diamonds lack fungibility to be a major investment product

Physical diamonds will never be a viable widespread investment product simply because they inherently lack fungibility, meaning they are all unique, according to Paul Zimnisky, an independent diamond industry analyst and consultant, who is based in New...

12 february 2018

Julien-Vincent Brunie: "Being surrounded by beauty and art is a privilege!"

This last December, shortly before Christmas, the Auction House of Christie's arranged a private display of jewelry in Moscow. The correspondent of Rough & Polished, who had an opportunity to visit this event, was able to admire a luxurious collection...

05 february 2018

Ali Pastorini: We would like meeting Mujeres Brillantes 2018 to be held in Russia

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 500 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

29 january 2018

Diamond Exchanges promote healthy development of the diamond industry, besides safe and basic infrastructures for diamond trade

Prior to joining the Guangzhou Diamond Exchange, Liang Weizhang served as a civil servant of Guangdong Entry-Exit Inspection & Quarantine Bureau as the director of the Kimberley Process Office. He participated in the KP Review missions to South Africa...

22 january 2018

Lucapa makes progress in Botswana

10 january 2017
Lucapa Diamond has completed a preliminary exploration programme at its Orapa Area F project in Botswana, which included ground magnetic, EM and gravity surveys, along with EM soundings and MMI soil geochemical analysis.
The programme was said to have been “successful” in defining a doubled-lobed coincident gravity/magnetic feature at AN01, which would be the priority focus of the next drilling stage.
“This well-defined magnetic anomaly measures approximately 350 metres x 150 metres and represents a priority drilling target within the prolific Orapa diamond field,” it said in a statement Monday.
“While validating the techniques used to define AN01, modeling of the work undertaken at the two known kimberlites at Orapa Area F suggests BK14 is a conventional pipe with no previously-unexplored kimberlite offshoots and that BK38 is a likely narrow dyke.”
Meanwhile, Lucapa said drilling programmes would commence this year in Orapa Area F targets as kimberlite drilling was also stepped up at the flagship Lulo diamond project in Angola.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished


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