Snap Lake diamond mine (Snap Lake) in Canada may be for sale by De Beers after she turned it all works, it said on Friday, Reuters Toronto, with reference to the representative of miners Tom Ormsby (Tom Ormsby). Snap Lake, was transferred to the care and maintenance in December 2015 after an analysis of the mine work in the light of poor market conditions.
Bank of Montreal was selected as the agent for the sale of a diamond mine that is to be flooded in accordance with the revised plan of the company, providing a stop on its mining operations and approved by the local authorities at the end of June.
"Before you start the actual flooding of mine ... we thought that it would be reasonable, of course, to see whether it would be manifested interest in it", - said Ormsby, as quoted by Reuters. If it finds no suitable buyer, De Beers Canada can begin to flood plan in the fourth quarter, further zyavil Ormsby.
The rate of interest remains unclear, said a legal source familiar with the situation, and the other source added that the remote location of the Snap Lake, technical problems and high level of responsibility for land reclamation have reduced the attractiveness of the mine, said Reuters The, adding that, as sources of potential claim buyers may include Stornoway diamond Corp (SWY.TO), which is ready to open the first diamond mine in Quebec and Peregrine diamonds Ltd (PGD.TO), which is engaged in diamond exploration in the Arctic region of Canada and Paul uetsya support of such well-known miners, Eric and Robert Friedland (Eric and Robert Friedland). Other mining companies operating in Arctic Canada, are Rio Tinto Ltd (RIO.L) and Dominion Diamond Corp (DDC.TO).
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Indian Forum Gold, organized Bullion Bulletin, will be held in Chennai in southern India on 22-23 January 2016. The theme of the forum will be "Banks in the center of the gold schemes". The two-day event will be attended by prominent representatives of industry, such as PR Somasundaram (PR Somasundaram), managing director of the Indian Gold (World Gold Council, WGC) World Council of units Neerdzha Nigam (Neerja Nigam) of SBI, Dzheyms Dzhous (James Jose ) of Chemmanur Gold Refinery Pvt Ltd, K. Parthasarati (K. Parthasarathy) of Indian Overseas Bank, Rajesh Khosla (Rajesh Khosla) of MMTC-PAMP Pvt ltd, chairman of the All India Federation of dealers in precious stones and jewelery (All India gems and Jewellery Trade Federation, GJF) GV Sridhar (GV Sreedhar) and others.
This conference is primarily intended to gather industry stakeholders on one platform. Since the main theme of the conference is "Banking in the heart of gold schemes", representatives of the industry will be able to interact directly with leading Indian banks, which are involved in supporting various gold monetization schemes. Organizers believe that the Indian government will not be able to single-handedly popularizing the scheme of monetization of gold, and that interested members of the gold industry needs to ensure the success of their own and other monetizatsionnyh gold schemes.
According to the event organizer, the initiative received a great response from the public authorities, jewelry associations assay centers and associations, unions refining factories and so on. Temple trusts have also expressed interest in participating in the conference.
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