Tuesday, May 30, 2017

Cooperation in the field of diamond production

Alrosa will take part in the development of a new diamond deposit Luashe (Luaxe) in Angola.
Within the framework of signed constituent documents on establishment "Luashe" international enterprise visit of the Russian official delegation of ALROSA President Sergey Ivanov and the president of the national diamond company Endiama Sumbula Carlos (Carlos Sumbula) May 23, 2017.
In particular, the signing of three documents: a memorandum of understanding between Endiama and Alrosa companies, international investment contract "Luashe" and the notarial record of establishment of the enterprise "Luashe".
Russian Deputy Prime Minister Yuri Trutnev, who also took part in the visit, stressed that cooperation in the field of diamond production, and, in particular, between Alrosa and Endiama, is an important component of Russia and Angola Economic Cooperation. He also noted that the development of new projects, active exploration and the search for new deposits positively affects the development of the Angolan economy and the partnership between the two countries.
In 2013 kimberlite pipe was discovered in the course of exploration work on the concession Luashe, dubbed "Luele".
Alrosa will take part in the project through its subsidiary "Catoca", which will receive a new structure of a stake of 50.5%. Furthermore, Alrosa will soon submit for the Supervisory Board of the company offer to acquire an additional 8% "Luashe" directly.
Given the size of the ore body and the preliminary data exploration, "Luele" working out of the tube is of considerable economic interest for the project participants.

1 comment:

Pearl Necklace said...

Tiffany & Co. published an appeal to the US president Donald Trump about the situation with regard to the future political and environmental measures of the White House, which is unusual for a jewelry company, Rapaport reports portal.
Jewelry House urged Trump to leave the United States as part of the Paris Agreement on the climate, since the country is one of its key participants.
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Note to Facebook received more than 19,000 "likes" and 2,000 repost, sparked heated discussion on why Tiffany decided to take this step.
Trump intends to announce its decision on US participation in the Paris agreement after the summit, the Group of Seven, which will be held later this month, said a spokesman for the White House Shon Spayser.