Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

16 april 2024

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

Botswana Diamonds discovers high-grade anomaly close to KX36 kimberlite pipe in Kalahari

24 january 2024

Botswana Diamonds has discovered a high-grade anomaly similar in size to the KX36 kimberlite pipe in Kalahari, Botswana.

This follows the completion of a gravity survey over four high-grade geophysical targets that had a good magnetic response in a previous survey.

It said preliminary results from the gravity survey show that at least one of the four targets have an “excellent” gravity response similar to that of known kimberlites and similar in size to KX36.

"This is the first strong indication of additional kimberlites around the KX36 discovery,” said company chairperson John Teeling.

“Kimberlites come in clusters, but extensive exploration has to date not been successful. The anomaly has a strong gravity signature, which gives us confidence that when drilled, it will prove to be a kimberlite.”

The KX36 kimberlite pipe has resources of 17.9 million tonnes (Mt) at 35 carats per hundred (cpht) (indicated) and 6.7 Mt at 36 cpht (inferred) at $65 per carat.

The modelled grade range is between 57 and 6 cpht at an estimated diamond value of up to $107/ct.

The survey on the KX36 size anomaly is being repeated and correlated with previous results for confirmation.

The new kimberlite targets have great potential to upgrade the existing resources in the area, including at the Ghaghoo Mine, which is currently under care and maintenance and only 60 km away from the KX36 project.

Botswana Diamonds’ next step will be a drilling plan.

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