Login

End of an era as Shmuel Schnitzer's fourth term ends

A month or so after stepping down from the presidency of the Israel Diamond Exchange (IDE) for the second time – making a total of eight years at the helm of one of the world's biggest bourses – Shmuel Schnitzer is able to provide valuable insights both...

01 february 2016

Amin Luxury: Style and Innovation

The theme of innovation has been a central one in the diamond industry. While everyone seems to agree with the fact that innovation is crucial for the business, few companies have come through with revolutionary ideas. Among them is Amin Luxury, a company...

25 january 2016

We will definitely need time to fix damages and rebuild foundations

Andre Messika was already an established diamantaire in Paris, known as a topnotch distributor of polished diamonds, when he migrated to Israel in 2003. In Israel, he opened the company’s - Andre Messika Diamonds Ltd - main office in The Israel Diamond...

18 january 2016

‘Brokers, dealers involved in Tanzania illegal mining, smuggling of gemstones, not small-scale miners’

Before Richland Resources exited Tanzania to focus on tsavorite mining in Australia, it constantly bemoaned the unabated illegal tanzanite mining that seriously disrupted operations on its Block C at Merelani. Although a joint venture agreement with...

11 january 2016

Sri Lanka: Immense Opportunities for Investments into Jewelry Industry

A multi-faceted businessman and consultant, Anura Dharmaratne not only comes armed with the requisite education and a wide range of experiences in the diamond trade, he has also garnered accolades from all he associated with globally, including the Achiever’s...

05 january 2016

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

Comments

Only registered users can add comments (Register, Login)