Marc Lubaszka has been mining in Venezuela for more than 5 years and he is now adding equipment that will allow him to recover diamonds in a more efficient way.
In the past, his teams have been able to procure uncut diamonds in the midst of targeted gold mining operations. Now, they are looking to focus on diamond excavation and exportation.
There are plenty of reasons why the team could sell the diamonds in Venezuela. After all, it is easier but the deterrent is profitability or the lack there of. An uncut diamond can be sold 80% higher on the open market in other countries. They are bringing in equipment for excavation.