Stornoway Diamond Corporation announced the launch of processing rock at its Renard diamond project (Renard) in Canada. The company plans to increase and reach 100% of the planned processing capacity breed, or 2.16 million tonnes of ore per year, for 9 months.
As of July 13, 2016 rock reserves in the dumps were 1,002,888 tons, which is enough to build and maintain a planned capacity of ore processing at Renard.
President and CEO of Stornoway Matt Manson (Matt Manson) said: "The beginning of diamond mining at Renard was exactly 2 years and 5 days after the start of mine construction We have been able to enter the project into operation a few weeks before the expected date, and keep within the budget. . Now we will focus on increasing the effective processing of rock and reassessment of the parameters of the content of mineral resources and operating parameters of the mine. "
Renard Diamond Project located in the James Bay region in north-central region of Quebec, Canada. Recycling breed began July 15, 2016.
"The kimberlites, which are now known as Quebec's first diamond mine province, were discovered 15 years ago, the company Ashton Mining and SOQUEM Inc. During this long period, many people worked on the exploration, development, financing and construction of the diamond mines. Today the breed beginning treatment would be impossible without their talent, dedication and commitment to the success of our project, "- said Manson.
It is expected that the annual production volume of diamond Renard will be 1.8 million carats per year over the first 10 years of the mine life cycle, and the average price of the stones will be at the level of $ 155 per carat prices for March 2016.
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Joint Stock Company "ALROSA" and the Russian Hockey Federation (RHF) signed an agreement on the advertising cooperation and financial assistance for 2016 in the amount of 600 million rubles, including 400 million - in the form of voluntary unpaid contribution of funds for the maintenance and management of the statutory activities of the Federation. This was reported in the press release of the Russian Hockey Federation, the Agency receives Rough & Polished Wednesday.
The funds from the company "ALROSA" will be directed to a number of targets, among them - holding youth events, development of regional hockey, purchase of medical equipment for all national teams, spending on youth and junior men's team.
"I am confident that the support of national hockey as one of the most popular sports in Russia today is extremely important. Speech by Russian junior team at the recent World Championships in Finland has once again demonstrated the enormous potential of the Russian hockey, - commented on the conclusion of agreements President "ALROSA" Andrei Zharkov. - Our national team won the silver medal, showed iron will to win, dedication. Congratulations to the boys and their mentors with successful performance, we wish further victories for the benefit of Russian hockey. "
"The first step in the cooperation between the Russian Ice Hockey Federation and the company" ALROSA "is made. I have no doubt that it will be the beginning of a great partnership way, - said Chairman of the Board of FHR Arkady Rotenberg. - Tournament after tournament, we see a huge interest in hockey show the Russian fans. I would like to as soon as possible to please their victories. We are facing great challenges for the modernization and improvement of material and technical base. Financial support for the company "ALROSA" will go to the development and improvement of the entire institution of the Russian hockey. "
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