Lucapa Diamond start the drilling program to determine the main kimberlite sources of large and high-quality alluvial diamonds mined at the Lulo diamond project (Lulo) in Angola.
In a statement the company said that the drilling program will be initiated primarily at high-priority kimberlite purposes. Drilling has been initiated on L259 portion where gravity and geomagnetic studies have helped identify the ore body length of 78 - 108 hectares that corresponds closest to the manifestation of kimberlite pipe surface.
Among other nearby kimberlites, which will soon be bored by - L13, L15, E217 and L248.
"These kimberlites are located near the mountain blocks 6 and 8, which are constantly found large and valuable special diamonds," - said in Lucapa.
It is expected that the drilling program will continue throughout 2016.
However, Lucapa managed to implement a batch of 808 carats from the Lulo for $ 880,720 at an average price of $ 1090 per carat.
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Turnover of the World Jewelry Center in Panama (World Jewelry Hub, WJH), including imports and exports for the first eight months of his work reached a $ 128 million "We expect that this figure will increase in the coming months and years exponentially," -. He said in this regard, Eli Izhakoff (Eli Izhakoff), Chairman of the Board WJH.
According to the center, today about a third of Latino families are middle class with higher standards of living and higher incomes.
The massive expansion of the middle class in the region is the basis for long-term growth of the jewelry market in Latin America and the only one of the grounds for confidence that the World Jewelry Center in Panama will have a significant impact on the industry on a global scale, international, Izhakoff said.
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