Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom

Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...

10 september 2018

Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee

Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...

27 august 2018

Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

20 august 2018

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Lucapa identifies 11 new electromagnetic kimberlite exploration targets at Lulo

27 july 2017

Lucapa Diamonds said an extensive 8,566 line km Time Domain Electromagnetic (TDEM) survey at Lulo Mine in Angola has identified 11 new electromagnetic (EM) conductive kimberlite exploration targets of up to 150 hectares with little or no previous magnetic signature.
Lucapa and its partners Endiama and Rosas & Petalas had been conducting a kimberlite exploration programme at Lulo, which seeks to locate the primary hard rock sources of the large and premium value Lulo alluvial diamonds.
The TDEM results had enabled the Lulo geological team to update the ongoing kimberlite drilling programme, said Lucapa.
Of the 11 new targets, five were located along drainage systems feeding into the Mining Block 8 area, which had been a regular source of large and premium-value, irregular shaped and jagged edged alluvial diamonds.
Lucapa said three of the new EM targets were located further south-east along the Cacuilo River near the L165-L170 kimberlite area.
This region, it said, was previously highlighted as an area of exploration interest due to favourable mineral chemistry results, including a micro-diamond and G10 garnets.
Meanwhile, Lucapa said kimberlite drilling at Lulo would continue for the remainder of 2017 with the aim of extracting core from the priority targets identified from the TDEM results.
“This systematic drilling programme will also include a planned deep hole at the L259 target, when ground conditions permit,” it said.

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