Successful auction of mineral diamond block Hatupur (Hatupur) in the Indian state of Madhya Pradesh was held October 5, 2016. The state held the first auction licenses for diamond mining. On the site, reportedly diamond reserves reach $ 16 million, media reported.
Manohar Oak (Manohar Dube) of the Department of Mineral Resources, said: "On the block Hatupur available diamond resources of a $ 16 million company Bansal Construction Works has become the preferred candidate by making the highest bid at a price, after two rounds of the competition Three other companies - Rungta Mines Ltd,.. Thriveni Earthmovers Ltd and Pushpanjali Tradevin Pvt Ltd - also participated in the bidding for the block plot is carefully chosen based on the requirements of the industry and its attractiveness in terms of size, ownership of land and economy is now on the block reserves are valued at.. . category G3, located on a plot of 133.50 hectares of breed Content is estimated at 0.604 million tons, and the diamond content - in 10.20 carats per 100 tonnes. "
According to the official, the search operation will be carried out in the first place, after which production will start under the conditions provided for by law and regulations. Additional revenue of about $ 4 million, is expected to be able to get the Treasury during the period of mining lease. The amount of royalties and other obligatory payments over the lease term, is estimated to be approximately $ 1.65 million. The Government is committed to making Madhya Pradesh chief staff for mining operations in India, and therefore taking a number of steps to boost production in the country.
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In the first meeting of members of the new Board of Directors of the Israel Diamond Exchange (Israel Diamond Exchange, IDE) was attended by the new president of IDE Yoram u'Dvash (Yoram Dvash) and honorary president of the Exchange Shmuel Schnitzer (Shmuel Schnitzer).
Schnitzer opened the meeting, and then spoke about the work of the former board of directors in different areas in the light of the difficult situation in the industry.
"We have just completed a two-year term of office, which we were not easy, but on the contrary, it is difficult Every encountered difficulties in the business, -. - he said. I hope that the meeting of the new Council will be as positive as the previous and even better. Our work was very productive, fruitful, and carried out in an atmosphere of stability. in conclusion, we have a lot of work, but I'm sure that the team led by Yoram, which is the right person in the right place, will do that "depends on it.
Schnitzer also spoke about negotiations with the tax authorities of Israel, and called for further dialogue with them: "I think we have a very good track record ... We must continue the dialogue and negotiations, defending his position reach an agreement is possible, but it will take. a lot of effort. "
U'Dvash welcomed new board members, and encouraged them all to join together to meet the challenges facing the industry. "We have a great team that reflects the spirit of the times. It as a new generation of diamantaires and older members of the exchange, and we are glad that we had the opportunity to work with them. It is very important to maintain the balance between the two generations. It can be expected, that the next will be difficult two years. We are going to work hard to make the exchange younger, smarter, more prone to maximize returns for IDE members and other representatives of the diamond industry. "
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