Big news in the diamond mining world: Lucara Diamonds, one of the largest diamond mining companies in the world today, are on a fantastic run in 2015. Just last month they reported to have found five massive diamonds weighing in at more than 50 carats each in their Lulo Diamond Concession (or “mine” to the rest of us) in Angola. Now this month, they have just reported to the Australian Stock Exchange a new finding of additional large size, and what they’re calling “special” diamonds, from that very same mine. So far, there have been 10,000 diamonds found in Angola Mines this year.
In just the first two weeks of mining in the area, they have produced nine of these “special” diamonds, each weighing at least a whopping 10.8 carats. Among these findings are four genuinely massive gemstones weighing in at 37.28 carats, 17.15 carats, 14.69 carats and 11 carats respectively. Not a bad start at all. Lucapa have also reportedly found a pink diamond (usually more commonly found in Australia). All of this could be attributed to the fact that the E259 Kimberlite target is located just 300 meters away from their mining area, and might be the source of these massive alluvial diamonds. If this is the case, it could mean more big discoveries to come. In fact, one of the world’s leading and most experienced diamond geologists, Dr John Ward, believes that it is highly likely that the source of the kimberlite is within 1.5 kilometres away.
With this knowledge, Lucara have already mobilized their mining equipment to the E29 Kimberlite region in order to commence a systematic and extensive testing program in the area. Two other key kimberlite zones will be tested in a similar area. And for those not in the know, Kimberlite is a rare blue-tinged, coarse grained igneous rock that is usually found in South Africa and Siberia. In some occasions, precious diamonds are found within the Kimberlite, and that’s what makes this discovery such an important one for Lucara Diamonds.