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James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

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07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

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Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

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Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Lucapa recovers more diamonds from L164 kimberlite material

16 july 2024

Lucapa Diamond has recovered a further 4.6 carats following the reprocessing of 240 cubic metres (m3) of uncrushed oversize and dense media separation (DMS) tailings material from L164 kimberlite in Angola.

It said kimberlite 164 had previously produced 97 diamonds totalling 110.7 carats from three bulk samples.

With the latest recovery, the total number of diamonds unearthed from the kimberlite has gone up to 115 diamonds.

Lucapa said the material, which had undergone weathering during the wet season, was checked for additional locked-up diamonds and recovered four, the largest being 1.99 carats.

The other diamonds weighed 1.5, 0.7 and 0.5 carats.

“While L164 is of economic interest and further samples will be taken from this target later in the programme, the immediate focus is on sampling kimberlites closer to the Cacuilo River which is considered more likely to be the major sources of the diamonds being found in the Cacuilo’s alluvial deposits,” the miner said.

Lucapa chief executive Nick Selby said the exploration programme was back in full flow and gaining access to the areas that were previously inaccessible due to the wet ground conditions.

“The preparation work is well underway for accessing kimberlite L014, from which we will be doing the necessary delineation drilling and taking bulk samples,” he said.

“Road construction and sample planning are progressing for the other priority targets close to the Cacuilo River.”

Lucapa seeks to increase its stake in the Lulo Kimberlite exploration joint venture to a 51% controlling stake, up from the current 39% share.

State-owned diamond company Endiama currently owns a 51% stake in the Lulo Kimberlite Exploration JV, while the remaining 10% belongs to Rosas & Petalas.

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