BackgrounD
The Ba Ga Maidi land is situated within the southern diamond fields well-known for their rich deposits of alluvial diamonds. The land of Ba Ga Maidi covers more than 50 000 hecters
Bogodile holds a bulk sampling prospecting right for alluvial diamonds and eight other minerals on more than 50 000 hectares of land under the authority of the Traditional Council.
MINING AND
PROSPECTING HISTORY
In 2006, Bogodile engaged Blue Point Geo-consultancy to conduct a preliminary geological study. The study revealed the presence of extensive deposits of alluvial diamonds within the prospecting area.
Desktop research shows that the Bogodile prospecting area Is located within the southern diamond field that stretches from Taung to Mamusa, Wolmaransstad, Bloemhof and Christiana Diamonds were discovered in this area in the early 20th century. Since that time, more than 2.7 million carats have been recovered. The bulk of these are from outside the Bogodile prospecting area as the Traditional Council was able to protect its resources from outside exploitation.
Taung areas
(Summary)
A total of 3 657 carats has been produced by the pilot mining project since its inception in June 2005. The diamonds produced from the Taung areas T/1 and T/2 are of a high quality ranging in value from approximately 25 USD200/carat to in excess of USD2 000/carat, with an average value of USD751/carat. 90% of the diamonds are of gem quality and approximately 40% of the production is greater than one carat in size.
A 42 carat Cape yellow diamond was recovered in August 2007 which was sold for USD6 918/carat
