“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 2017

Diamond exploration junior obtained conclusive proof of diamond-bearing kimberlites in Russia’s North

OOO Proex Service, which is searching for diamonds in the Arkhangelsk Region of Russia, discovered seven kimberlite pipes in the Kozolsky license area having spent 15 months for the find. One of the pipes is very similar to the highly diamondiferous...

11 september 2017

People do not just make fun in the social media, they make purchases there

Oksana Senatorova has been famous in the jewellery world for a long time as a publisher of the ‘Navigator in the Jewellery Trade’ journal, organizer of the international contest ‘The Best Jewellery Store of the Year’, curator of professional events and...

04 september 2017

‘There is no illegal tanzanite mining in Tanzania’

Richland Resources, which wholly-owned TanzaniteOne until the Tanzanian government forced it to relinquish half of its stake to the State Mining Corporation (STAMICO), exited the country in 2015 to focus on its operations in Australia. The formalisation...

28 august 2017

David Block: “Intellectual property theft is not just Sarine's problem...whole industry should combat this phenomenon.”

For more than 15 years, David Block served in various senior positions at Sarine Technologies in Israel and India. From 2012 until his appointment as CEO in 2017, Block was Sarine's Deputy CEO and Chief Operating Officer, with responsibility for...

21 august 2017

Botswana Diamonds identifies kimberlite pipe on SA’s Ontevreden licence

17 july 2017
Botswana Diamonds said prospecting work on the Ontevreden licence held by Vutomi in South Africa has identified a group two kimberlite pipe. 
It said initial work indicated a size of 1.5 to 2.5 hectares in area containing high interest garnets. 
“A new kimberlite discovery in an area where high grade kimberlites are being mined offers exciting prospects for the company,” said Botswana Diamonds chairperson John Teeling.
The company said detailed drilling of the area would follow to confirm the size and whether it contains commercial diamonds.
Ontevreden was close to the Petra Diamonds Helam diamond mine in North West South Africa some 400 km from Frischgewaagt (FGT) in a separate kimberlite cluster. 
Helam has a grade of 85 carats per hundred tonne (cpht).
Botswana Diamonds entered into an option and earn-in agreement with Vutomi Mining and Razorbill Properties, a private diamond exploration and development firm in South Africa last February.
It agreed to pay Vutomi a total of £942,000 in cash, of which £581,000 would be used to fund exploration activities.
In addition, the company would issue 100 million ordinary shares of 0.25p each to Vutomi shareholders, after which the company would own 72 percent of Vutomi.
The flagship project, Frischgewaagt, was in the Limpopo Province.
Botswana Diamonds recently said that the Vutomi prospect at Frischgewaagt had an indicated a medium grade of 78 cpht in a range of 64 to 110 cpht at a bottom cut off of +1 mm after the inclusion of results of the bulk sample and an update to the estimation analysis technique.

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


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