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Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

Yesterday

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

Our first priority is to better understand artisanal and small-scale mining - Elodie Daguzan

The Diamond Development Initiative (DDI), the organization dealing with the traditional diamond mining, recently announced the appointment of Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as head of communication...

04 june 2018

Zimnisky on De Beers’ Lightbox: It’s a strategic, bold move that will benefit the entire natural diamond industry

De Beers shocked all and sundry end of May when it announced the launch of a new company called Lightbox Jewelry, which will market a new brand of laboratory-grown diamond jewellery in September. This effectively meant that the group had departed from...

01 june 2018

Tracking the provenance and lifecycle of a product is a natural and necessary evolution in our industry

A senior executive with a demonstrated history of working globally at management and board levels, Marcus ter Haar has been the Managing Director at Okavango Diamond Company (ODC), Botswana for about 10 months now, prior to which he held the...

28 may 2018

Lulo partners find kimberlite targets in river tributaries feeding into Mining Block 8

02 november 2017
Lucapa Diamond and its partners – Endiama and Rosas & Petalas – are advancing a systematic drilling programme to test priority kimberlite targets identified near the high-value Lulo alluvial diamond mining operations, in Angola.
The partners, said Lucapa, were now focusing drilling on the cluster of kimberlite targets located along tributaries draining from the south west into and around the prolific Mining Block 8 area, from where they had recovered and sold alluvial diamonds worth $61 million to date and continue to regularly recover large and premium value diamonds.
“Kimberlite exploration is a systematic process and our drilling teams continue to logically work through the priority kimberlite targets identified at Lulo with the aim of extracting kimberlite drill core for mineral chemistry analysis,” Lucapa managing director Stephen Wetherall.
“It is very encouraging that we are discovering new kimberlite pipes in river tributaries feeding into our Mining Block 8 alluvial area...”
He said they would continue to assess options to expand the scope and scale of their kimberlite exploration programme and to reduce the turnaround times on mineral chemistry analysis of the core.

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

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