RE: Rough Diamonds Gleam - Brendan RyanRough diamonds gleam
Brendan Ryan | Fri, 18 Dec 2009 11:53
[miningmx.com] -- THE rough diamond market has ended 2009 in better shape than expected. However, everything now depends on Christmas jewellery sales in the major markets, in particular the United States.
so once again,
1,120 woman are going to be estatic sharing
.15 carats in diamonds amongst themselves ...
I wouldn't want to be there when they unwrap their present !
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Adding to that point where no one wanted to comment on the highlights or should one say lowlights of the report, over 1,000 diamonds totalling .15 carats really doesn't matter after all if diamonds have gone up 40% or 100% this year. Do the math, its more like diamond dust, not diamond jewelry ! IOM
Robert
Highlights of the Report:
- Drilling and geophysical survey results indicate the C29/30 kimberlite has a surface area of approximately 100 ha with 70 to 100 million tonnes of kimberlite in the potential mineral deposit;
- A preliminary 3D geological model of the kimberlite body suggests that the C29/30 kimberlite is a single volcanic complex with three main zones composed of 6 kimberlite units that have clear similarities to other large, diamond-bearing kimberlite bodies in the FalC diamond district;
- Since 2006, a total of 1,120 diamonds totalling 0.15 carats were recovered from microdiamond analyses of 2,434.85 kilograms of drill core recovered from the C29/30 kimberlite;