Our most recent mining and exploration have recovered a range of high quality fancy yellow diamonds, including the high value vivid canary yellow specimens.
"2022 was a very good year for yellow fancy diamonds in all sizes and saturations." Israel Papushado from the Fancy Color Research Foundation.
The India Bore Diamond mine is an alluvial project downstream of the closed Ellendale E9 & E4 mines that produced 50% of the worlds "Fancy Yellow" diamonds.
Our mine site is well established and ready to scale up as needed.
Mining of the L-Channel is proceeding with high quality diamonds, including "Fancy Yellows" being recovered.
From mid-September to late November bulk samples were collected from the L Channel Mine. 6000 tonnes of the younger A layer gravel and 6000 tonnes of the basal layer gravel were recovered. Diamond grades to 7.5 carats per one hundred tonne. An estimated 60% were gem quality, with up to 15% fancy yellows.
Bulk samples from 6 regional test pits were processed with grades up to 5 carats per 100 tonne recorded. Gem quality diamonds, including fancy yellows, were recovered form 5 of the 6 sites. Up to 2.4 carat stones were recovered. The average size of stones was 0.35 carats.
Fancy yellow diamonds up to 2.6 carats were recovered. A higher-than-expected proportion of fancy yellow diamond were recovered.
On the 23rd of June 2022 the minister for mines approved the IBDH mining proposal. Approval has been granted to mine up to two million tonnes per annum. The department of Water and Environmental Regulation has approved the processing of one hundred thousand tonnes per annum of recovered gravels and granted a water license for the use of forty thousand cubic meters of water per annum.