Sarine Secures First Retailer for 4Cs Grading

Japanese jewelry retailer K-Uno is the first to adopt Sarine Technologies’ 4Cs diamond grading reports.

K-Uno has implement the artificial intelligence based platform at all its stores across Japan.

The record will add additional features, including 4Cs grades, to the current Sarine Profile report, which lists characteristics such as light performance and hearts and arrows.

The report will use artificial intelligence to grade qualities such as clarity and colour.

“Our 4Cs report creates an intuitive digital experience that will help engage K-Uno customers throughout the diamond-purchase journey,” Sarine CEO David Block said last week. “We expect additional retailers in the Asia Pacific region to soon be adopting the new reports.”

Source: DCLA

Sarine Secures First Retailer for 4Cs Grading

Japanese jewelry retailer K-Uno is the first to adopt Sarine Technologies’ 4Cs diamond grading reports.

K-Uno has implement the artificial intelligence based platform at all its stores across Japan.

The record will add additional features, including 4Cs grades, to the current Sarine Profile report, which lists characteristics such as light performance and hearts and arrows.

The report will use artificial intelligence to grade qualities such as clarity and colour.

“Our 4Cs report creates an intuitive digital experience that will help engage K-Uno customers throughout the diamond-purchase journey,” Sarine CEO David Block said last week. “We expect additional retailers in the Asia Pacific region to soon be adopting the new reports.”

Source: DCLA

Lucapa recovers large pink diamond in Angola

The company announced that it has recovered a 46 carat pink diamond from the Lulo diamond project in Angola, a source of a series of high carat discoveries in recent years.

What makes this particular find significant for Lucapa is its location. The 46 carat rough diamond was recovered from a new prospect Mining Block 4, an area planned for resource delineation later this year and set to be included in Lucapa’s alluvial JORC resource update to be published in the coming months.

Source: DCLA

Lucapa recovers large pink diamond in Angola

The company announced that it has recovered a 46 carat pink diamond from the Lulo diamond project in Angola, a source of a series of high carat discoveries in recent years.

What makes this particular find significant for Lucapa is its location. The 46 carat rough diamond was recovered from a new prospect Mining Block 4, an area planned for resource delineation later this year and set to be included in Lucapa’s alluvial JORC resource update to be published in the coming months.

Source: DCLA

Kimberley Diamonds’ Botswana Mine to Be Auctioned Online

A diamond mine in Botswana will be offered for sale at an online auction after its liquidators failed to secure viable offers.

Online bids for the Lerala Diamond Mine open at 5 p.m. on May 24 and run through 2 p.m. on May 30, according to a statement published in the weekly Monitor newspaper by the auctioneers, GoIndustry DoveBid.

 

Lerala, which is owned by Sydney-based Kimberley Diamonds Ltd., was placed under judicial management in June last year due to weak sales and high operating costs. 

 

 Lerala produced about 59,000 carats in the year leading up to its closure, compared with a published target of 357,000 carats a year, over a seven-year lifespan.

 

On offer are five kimberlite pipes ranging from 0.16 hectare to 2.35 hectares in area, mining rights, a 200 metric tons per hour processing plant, a 4.2 megawatt diesel generator and other assets. Bidders are required to place a refundable deposit of 5 million pula ($509,000).

 

The mine has probable reserves of 5 million tons at a grade of 31 carats per 100 tons and inferred resources of 10.3 million tons at 31 carats per 100 tons.

Source: DCLA

Kimberley Diamonds’ Botswana Mine to Be Auctioned Online

A diamond mine in Botswana will be offered for sale at an online auction after its liquidators failed to secure viable offers.

Online bids for the Lerala Diamond Mine open at 5 p.m. on May 24 and run through 2 p.m. on May 30, according to a statement published in the weekly Monitor newspaper by the auctioneers, GoIndustry DoveBid.

 

Lerala, which is owned by Sydney-based Kimberley Diamonds Ltd., was placed under judicial management in June last year due to weak sales and high operating costs. 

 

 Lerala produced about 59,000 carats in the year leading up to its closure, compared with a published target of 357,000 carats a year, over a seven-year lifespan.

 

On offer are five kimberlite pipes ranging from 0.16 hectare to 2.35 hectares in area, mining rights, a 200 metric tons per hour processing plant, a 4.2 megawatt diesel generator and other assets. Bidders are required to place a refundable deposit of 5 million pula ($509,000).

 

The mine has probable reserves of 5 million tons at a grade of 31 carats per 100 tons and inferred resources of 10.3 million tons at 31 carats per 100 tons.

Source: DCLA

Lucara Diamond Corp. Finds 327-Carat Top White Gem At Karowe Mine

Lucara Diamond Corporation has recovered a 327 carat top colour gem diamond from its one hundred percent owned Karowe diamond mine in Botswana.   

 

Eight rough diamonds larger than 100 carats have now been recovered at Karowe since the beginning of the year, including a 472 carat rough diamond announced earlier this month.  

 

Source: DCLA