https://www.miningweekly.com

Lucapa recovers eighth diamond larger than 100 ct from Angola

13th November 2017

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

JOHANNESBURG (miningweekly.com) – ASX-listed Lucapa Diamond Company and its partners Empresa Nacional de Diamantes, better know as Endiama, and Rosas & Petalas have recovered a high-value 129.58 ct diamond from the Lulo project, in Angola.
 
The diamond was recovered from alluvial mining block six along with another large high-value diamond weighing 78.61 ct.

Testing on a Yehuda colorimeter has confirmed that both diamonds are premium Type IIa D-colour gems.

Lucapa MD Stephen Wetherall on Monday said the latest large gem-quality diamond recoveries reinforced the extraordinary nature of the Lulo diamond field and its potential to yield large diamonds.
 
“This is the eighth [diamond larger than] 100 ct the Lulo partners have recovered to date and the seventh in just two-and-a-half years of commercial mining from relatively low throughout rates,” he said. 
 
He added that explosive and erosive geological forces have deposited the rare and valuable diamonds in a relatively localised area at Lulo.
 
“We continue to systematically advance our efforts to locate that primary diamond source with an ongoing drilling programme funded from the strong returns being generated from the Lulo alluvial mining operations,” he noted.
 
Having started with a list of more than 200 anomalies, the Lulo partners are now working through a list of 70 prioritised drilling targets, systematically eliminating low-interest kimberlites.
 
“We continue to assess ways to speed up this systematic drilling and sampling programme, an approach we believe provides the best opportunity to unlock Lulo’s true value.”
 

To watch Creamer Media's latest video reports, click here
 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
SafeQuip
SafeQuip

SafeQuip is a leading distributor and manufacturer of fire safety solutions, offering a comprehensive range of products designed to meet all...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.053 0.819s - 111pq - 2rq
Subscribe Now