Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Today

GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

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Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

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Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

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There is a significant need for smart and technological financial solutions in the diamond industry

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30 august 2021

Kennady Diamonds Reports First New Kimberlite

25 july 2012

Kennady Diamonds Inc., a subsidiary of Mountain Province Diamonds, made its first new kimberlite discovery at the company's Kennady North diamond project, Rapaport reported. The discovery was made at a geophysical target located at Faraday Lake on trend between the previously discovered Faraday and Kelvin kimberlites. An incline hole drilled from shore-intersected kimberlite first at a down-hole depth of approximately 47 meters and has continued to intersect kimberlite to the current depth of approximately 169 meters. Drilling has been stopped in order to survey the drill hole, following which it will recommence and continue until the hole exits kimberlite.
Patrick Evans, Kennady Diamonds' chief executive, said, ''It is very encouraging that we have discovered the first new kimberlite at Kennady North within 10 days of the start of our summer drill program. It is also extremely encouraging that we appear to have made a wide intercept along a kimberlite corridor that already hosts known diamond-bearing kimberlites.''
Two drill rigs have been mobilized to Kennady North with one drill rig focused on drilling along the Kelvin-Faraday kimberlite corridor, where the first new kimberlite has been discovered, and the second focused on approximately 12 newly discovered high-priority geophysical targets that are accessible from land during summer.
''The new geophysical targets that we are testing bear a close resemblance to the known kimberlites at both Kennady North as well as the neighboring Gahcho Kue joint venture between De Beers Canada and Mountain Province Diamonds,'' Evans said. ''Mountain Province has announced the discovery of 55 new geophysical targets at the Gahcho Kue joint venture, of which approximately 40 have been classified as high priority.''