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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

Drilling at Botswana’s Kimberlite KX36 shows strong micro diamond results - Petra

15 march 2012

Petra Diamonds said exploration work at kimberlite KX36, which is situated in its Kukama East project area, in central Botswana has shown strong micro diamond results.
It said in a statement emailed to Rough & Polished that 250 diamonds, collectively weighing 0.756 carats, had been recovered from 403.88kg of kimberlite.
The largest diamond was a white, transparent dodecahedron, weighing 0.393 carats, it said.
"These initial drilling and microdiamond analysis results indicate that kimberlite KX36 has significant potential, in terms of its possible size, diamond grade and potential coarse diamond size frequency distribution,” said Petra chief executive Johan Dippenaar.
“The next step is a large diameter bulk sampling drilling programme, commencing in April 2012, in order to obtain further information with regards to grade and an indication of diamond value."
Company technical director Jim Davidson also said that the strong micro diamond results and the favourable coarser diamond size indications for kimberlite KX36 were most encouraging out of the five new kimberlites they had found in Botswana so far.
KX36 was approximately 60km from the nearest known kimberlite, meaning there was the potential for KX36 to be part of a new kimberlite field, he said.

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

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