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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...

Today

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

Tsodilo says completion of BK16 drilling programme in the offing

19 may 2017
Tsodilo Resources said a pilot hole drill programme at its BK16 kimberlite project in Botswana will be completed end of this month-end.
Fourteen holes totaling approximately 3,100 meters had been planned with 11 completed to date.
This was expected to provide just under 2 000 t of kimberlite for processing.
The pilot hole pattern was designed to achieve an approximate 50-metre grid hole spacing for the first phase large diameter drilling (LDD) sampling.
Tsodilo said the primary objectives of the pilot holes were to improve on and upgrade the knowledge of the internal geology of the kimberlite and optimise the kimberlite intersected by the LDD programme.
“Geotechnical studies of the cores will allow for the selection of the appropriate LDD drill bits based on rock hardness and the pilot hole cores will also provide a reference once the diamond recovery results have been obtained from the LDD programme,” it said.
The BK16 kimberlite project is located within the Orapa Kimberlite Field (OKF).
Of the 83 known kimberlite bodies in the OKF, nine had been or are currently being mined. These included Debswana’s Orapa and Lucara’s Karowe.

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

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