PEREGRINE DIAMONDS ANNOUNCES A POSITIVE PRELIMINARY ECONOMIC ASSESSMENT FOR THE CHIDLIAK PHASE ONE DIAMOND DEVELOPMENT PROJECT July 7th, 2016 Phase One development envisages a 10 year mine life at an annual average production rate of 1.2 million carats After-tax Net Present Value of C$ 471 million, Internal Rate of Return of 29.8% and a capital payback period … Continue reading POSITIVE ASSESSMENT FOR THE CHIDLIAK DIAMOND PROJECT
It’s a time of exceptional diamonds
Exceptional diamonds are forever and the last few months have been an epoch of new exceptional diamonds. In the wake of the discoveries in Botswana (Lucara Diamonds Karowe kimberlite south lobe – the 1,111 ct Type IIa Lesedi La Rona and several other large diamonds) and in Angola (Lucapa Diamond Company – 404 ct recovered … Continue reading It’s a time of exceptional diamonds
Going to PDAC – meet and talk
A last minute decision – I am traveling to Toronto to attend PDAC 2016. It’s the perfect place to meet and talk: Angola, Mozambique, Brazil and Portugal, diamond and other gems, Nb-Ta and other pegmatite minerals, tungsten, gold, ferrous and base metal deposits, industrial minerals, natural stone. Challenges and opportunities. Where and when can we … Continue reading Going to PDAC – meet and talk
The Camatchia kimberlite mine (Angola)
11th International Kimberlite Conference
The International Kimberlite Conference is the most important scientific and technical event on the kimberlite and diamond geology and exploration. This edition will be held in Gaborone, Botswana in 2017, marking the 50th anniversary of the discovery of the first economic kimberlite in Botswana, now the Orapa Mine. To highlight the transformation of Botswana into the … Continue reading 11th International Kimberlite Conference
LUCAPA STEPS UP KIMBERLITE DIAMOND PROGRAM AT LULO
Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or the “Company”) is preparing to commence the next phase of the the Company’s kimberlite exploration program at the Lulo Diamond Concession in Angola. New program includes extensive further evaluation of four known diamond-bearing Lulo kimberlites as Lucapa steps up its search for the sources of the exceptional … Continue reading LUCAPA STEPS UP KIMBERLITE DIAMOND PROGRAM AT LULO