Stuart Brown (Stuart Brown), CEO of Firestone Diamonds, said that the project is currently in the commissioning phase and increase production.
Processing of ore with lower grade diamonds in the last quarter brought the company 58 000 carats at an average grade of 14.4 carats per hundred tons of ore.
Companies are also able to produce more than 20 special stones larger than 10.8 carats, and the biggest of them was the white diamond weighing 37 carats. In addition, several fancy yellow diamond was obtained.
Cash on hand amounted to $ 4 million, and another $ 14 million was available under the credit line ABSA. Also, $ 15 million company can get as a loan for a specified purpose.
Meanwhile, the first sale of diamonds from the Firestone Likhobong was scheduled for 6 - February 10 in Antwerp, Belgium.
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Lucara Diamond announced that it will spend $ 15-18 million for additional equipment for the extraction of large diamonds at the mine cars (Karowe) in Botswana.
Not long ago, the company managed to produce one of the world's largest diamond.
In a statement the company said that the current system allows the company to mine diamonds weighing 1,000 carats
"Company managed to obtain extremely valuable diamonds from the southern part of the mine, where the most expensive stones were discovered. We, however, when we will be able to discover so far can not say sell more of these stones - say in Lucara -. We believe that the company will be able to earn additional income from the sale of these diamonds Thus, we will be able to significantly increase our baseline forecast revenue of $ 200-220 million and an annual increase. capital inflows. "
In Lucara said that for this purpose the company will establish additional systems for extracting large diamonds.
The company also said that in 2016 at the mine cars will be processed about 2.2-2.4 million tons of rock and produced about 350 000 carats of diamonds.
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