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

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Platinum’s rare nature gives it additional value and appeal

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

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The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

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23 august 2021

Lucapa recovers more diamonds at Lulo concession

19 june 2014

Lucapa Diamond said has recovered four diamonds in preliminary surface sampling at its Se251 kimberlite at the Lulo diamond concession in Angola.
It said in a statement that this development confirmed that the kimberlite was a diamond-bearing pipe.
The four rough diamonds were of good shape and color, the largest of which weighed 1.05 carats and three weighed a total of 1.75 carats.
Lucapa managing director Miles Kennedy said he was delighted that the company had recovered kimberlite diamonds within the first two weeks of kimberlite sample being processed through the new dense media separation (DMS) diamond plant at Lulo.
"I regard the recovery of these diamonds fr om Se251 as extremely significant because it establishes beyond doubt that this huge pipe, covering some 220 hectares (over 500 acres), is indeed diamondiferous," said Kennedy.
"It has taken Lucapa six years to get to this point, which is only the beginning of the road ahead. As our Lulo site manager, Wessell Horak, wrote in his report 'Yes, it seems by grace and persistence, our fortunes have changed as these are the first undisputed kimberlite diamonds we have recovered'."
The Se251 pipe is in the same region wh ere Lucapa recovered large, type IIa alluvial diamonds of up to 131.40 carats.
Se251 had been considered a priority exploration target for Lucapa since the company's geological team identified it as a likely source of large alluvial diamonds.

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