Lucapa are, whose shares are traded on the ASX stock exchange, and which has a 40 percent stake in the company Sociedade Mineira Do Lulo (SML), established in May for possession of a license for alluvial diamond mining on the project Lulo (Lulo) in Angola, is going to get a share of 80 % in diamond project Brooking (Brooking) in western Australia.
The deal amounted to $ 140,000 in cash and 250,000 shares of Lucapa (current market value of $ 132,500), according to Proactive Investors.
Sold by the project will also receive 500,000 options Lucapa sold at $ 0.53 per unit.
In Lucapa reported that an agreement was signed with Leopold Diamond Company, which owns the license for the exploration of the project area of 128 square kilometers, is located 40 kilometers from the Ellendale diamond mine (Ellendale).
Preliminary technical expertise of the company, which included a program of selective sampling, pointed to the significant exploration potential area.
http://traditionpearlnecklace.blogspot.ca/
Wednesday, July 12, 2017
Antwerp World Diamond Center (the AWDC) has published statistics of the Belgian the diamond trade in the first nine months of 2016 (January-September), which shows a decrease in both volume and value of imports and exports of diamonds, along with an increase in the volume and value of imports and exports of diamonds.
Polished diamond exports from the country in this period reached 4.17 million carats worth $ 9.33 billion, a decrease, respectively, 9.64% and 8.68% year on year. Imports also declined, reaching 4.73 million carats (falling year on year by 9.16%) and $ 10.18 billion (decrease year on year to 9.44%).
Diamond exports for the first nine months increased year by year to 14.73% in real terms, to 80.75 million carats, and increased by 12.43% in terms of money, up to $ 9.82 billion.
Diamond imports for the period amounted to 69, 86 million carats to 11.66% compared with the previous year, and $ 9.29 billion in value, increasing by 7.86% yoY.
Diamond imports and exports in September showed a significant increase compared with the previous year: exports increased by 26.04% in volume, to $ 10.78 million carats, and by as much as 60.92% in value, reaching $ 1.42 billion imports. diamonds also increased significantly, amounting to 10.16 million carats worth $ 870 million, showing an increase of 45.61% and 39.07%, respectively.
http://royalpearljewelry.blogspot.ca/
Polished diamond exports from the country in this period reached 4.17 million carats worth $ 9.33 billion, a decrease, respectively, 9.64% and 8.68% year on year. Imports also declined, reaching 4.73 million carats (falling year on year by 9.16%) and $ 10.18 billion (decrease year on year to 9.44%).
Diamond exports for the first nine months increased year by year to 14.73% in real terms, to 80.75 million carats, and increased by 12.43% in terms of money, up to $ 9.82 billion.
Diamond imports for the period amounted to 69, 86 million carats to 11.66% compared with the previous year, and $ 9.29 billion in value, increasing by 7.86% yoY.
Diamond imports and exports in September showed a significant increase compared with the previous year: exports increased by 26.04% in volume, to $ 10.78 million carats, and by as much as 60.92% in value, reaching $ 1.42 billion imports. diamonds also increased significantly, amounting to 10.16 million carats worth $ 870 million, showing an increase of 45.61% and 39.07%, respectively.
http://royalpearljewelry.blogspot.ca/
The study, commissioned by the Minerals Trading Corporation of India (MMTC) Ltd. and the World Gold (WGC) Council, showed that Indian consumers have expressed a clear preference for gold coins Indian central bank compared with conventional gold coins without a brand, but which are more widely available. They have more confidence in the support of the coins from the government and the quality of products. The coin was issued by the Indian government as one of the measures under the gold monetization program.
Indian gold 24-carat coin has 999. Currently available coins weighing 5 grams and 10, as well as ingots weighing 20 grams. The price is transparent and competitive, and the coin shall bear the stigma of BIS and has a protection system against counterfeiting.
Ved Prakash (Ved Prakash), chairman and managing director of MMTC, said: "In addition to sales divisions MMTC, Indian gold coin is currently available in four banks - Indian Overseas Bank, Federal Bank, Vijaya Bank and Yes Bank."
http://pearlsgift.blogspot.ca/
Indian gold 24-carat coin has 999. Currently available coins weighing 5 grams and 10, as well as ingots weighing 20 grams. The price is transparent and competitive, and the coin shall bear the stigma of BIS and has a protection system against counterfeiting.
Ved Prakash (Ved Prakash), chairman and managing director of MMTC, said: "In addition to sales divisions MMTC, Indian gold coin is currently available in four banks - Indian Overseas Bank, Federal Bank, Vijaya Bank and Yes Bank."
http://pearlsgift.blogspot.ca/
DiamondCorp revised plans for volume production at the mine Lace (Lace) in South Africa due to the difficulties encountered with the amount of ore being mined in the past month. Now the difficulty is likely to be maintained at least until the end of the year.
Extraction at a depth of 310 m the vicinity of the initial point of rock breaking has been limited due to the large kimberlite fragments falling in the zone with overhanging walls which became fragile due to the preceding generation, in said company.
Production was also difficult due to safety reasons because of the potential harm to workers or damage to the drilling rig from companies such collapses.
In DiamondCorp said that the tonnage for the period from September to December will be limited to an average of 14 000 - 15 000 tons of rock per month, and production capacity to an estimated 30 000 tonnes per month, is expected to be postponed until February 2017.
"It is important to note that the content of the diamond to which in July and August negatively impacted ore from areas K8 and K6, recovered in September, because the ore has been hit only a small amount of low-grade kimberlite," - noted in the company.
"Diamond content was in average 25 carats per hundred tons of ore at the planned 29 carats per ton stones size reached 19.4 carats, and the number of diamonds larger than 8 carats was satisfactory, including stone weighing 10.6 carat." - reported in DiamondCorp .
The company recently announced that it is looking for additional funding in the near future on the total amount of £ 500,000 to meet immediate financial obligations and to continue the diamond trade in the foreseeable future.
http://bridalpearlnecklace.blogspot.ca/
Extraction at a depth of 310 m the vicinity of the initial point of rock breaking has been limited due to the large kimberlite fragments falling in the zone with overhanging walls which became fragile due to the preceding generation, in said company.
Production was also difficult due to safety reasons because of the potential harm to workers or damage to the drilling rig from companies such collapses.
In DiamondCorp said that the tonnage for the period from September to December will be limited to an average of 14 000 - 15 000 tons of rock per month, and production capacity to an estimated 30 000 tonnes per month, is expected to be postponed until February 2017.
"It is important to note that the content of the diamond to which in July and August negatively impacted ore from areas K8 and K6, recovered in September, because the ore has been hit only a small amount of low-grade kimberlite," - noted in the company.
"Diamond content was in average 25 carats per hundred tons of ore at the planned 29 carats per ton stones size reached 19.4 carats, and the number of diamonds larger than 8 carats was satisfactory, including stone weighing 10.6 carat." - reported in DiamondCorp .
The company recently announced that it is looking for additional funding in the near future on the total amount of £ 500,000 to meet immediate financial obligations and to continue the diamond trade in the foreseeable future.
http://bridalpearlnecklace.blogspot.ca/
Tuesday, July 11, 2017
a new ship for underwater exploration of diamond deposits Debmarine Namibia arrived from Norway in Cape Town, South Africa, and is now in the final stages of construction.
Project leader Debmarine (De Beers Marine) Maykl Kertis (Michael Curtis), as quoted by the portal Mining Weekly, noted that the sampling system and the enrichment plant, which represent the major modules built in the port of Cape Town, will be raised to a new boat with 750 -Tons crane.
«SS Nujoma», the ship 113 meters long, will be early next year, sent to the license area in Namibia Atlantic 1 and put into operation.
"Debmarine Namibia granted the project the progress that has been achieved to date are opened good prospects for participation in this major investment project Now he is two months ahead of the scheduled date of commissioning cost projections indicate its positive outlook...", - says CEO Otto Shikongo (Otto Shikongo).
The new ship, the life of which is expected to be 40 years old to join the fleet of the company Debmarine Namibia five other ships - «Grand Banks», «Debmar Atlantic», «Debmar Pacific», «Gariep» and «Mafuta», - that operating off the southern coast of Namibia.
https://coub.com/pearl.necklace
Project leader Debmarine (De Beers Marine) Maykl Kertis (Michael Curtis), as quoted by the portal Mining Weekly, noted that the sampling system and the enrichment plant, which represent the major modules built in the port of Cape Town, will be raised to a new boat with 750 -Tons crane.
«SS Nujoma», the ship 113 meters long, will be early next year, sent to the license area in Namibia Atlantic 1 and put into operation.
"Debmarine Namibia granted the project the progress that has been achieved to date are opened good prospects for participation in this major investment project Now he is two months ahead of the scheduled date of commissioning cost projections indicate its positive outlook...", - says CEO Otto Shikongo (Otto Shikongo).
The new ship, the life of which is expected to be 40 years old to join the fleet of the company Debmarine Namibia five other ships - «Grand Banks», «Debmar Atlantic», «Debmar Pacific», «Gariep» and «Mafuta», - that operating off the southern coast of Namibia.
https://coub.com/pearl.necklace
Tiote Rita (Rita Teaotia), Indian Commerce Minister, said at a meeting of exporters, that exemption from taxes and export promotion, which had previously provided the authorities, will be abolished after the adoption of the tax on goods and services (Goods and Services Tax, GST) .
The session was organized by EEPC, FIEO and the GJEPC, Tiote said. "Exemption from taxes and export promotion will be canceled after the take effect a tax on goods and services GST and tax exemption can not be used at the same time the Ministry of Commerce is not engaged in the tax legislation. . We will try to negotiate with the Ministry of Finance before the new rules are finally adopted. "
The Government of India aims to create a suitable environment for improving the competitiveness of Indian exporters and to solve the problems associated with the slowdown in global growth. "Program" Made in India "(Make in India)," Skills in India "(Skill India) and" Digital India "(Digital India) are designed to improve the competitiveness of Indian exporters," - added the Minister.
With regard to the special economic zones, as the Minister said, the authorities intend to further develop this segment of the economy. "We bring our policy in line with the new rules GST is in our interests -. Protection of the export sector, and special areas are important for the formation of a new economic landscape of the country", - concluded Tiote.
https://coub.com/pearl.necklace
The session was organized by EEPC, FIEO and the GJEPC, Tiote said. "Exemption from taxes and export promotion will be canceled after the take effect a tax on goods and services GST and tax exemption can not be used at the same time the Ministry of Commerce is not engaged in the tax legislation. . We will try to negotiate with the Ministry of Finance before the new rules are finally adopted. "
The Government of India aims to create a suitable environment for improving the competitiveness of Indian exporters and to solve the problems associated with the slowdown in global growth. "Program" Made in India "(Make in India)," Skills in India "(Skill India) and" Digital India "(Digital India) are designed to improve the competitiveness of Indian exporters," - added the Minister.
With regard to the special economic zones, as the Minister said, the authorities intend to further develop this segment of the economy. "We bring our policy in line with the new rules GST is in our interests -. Protection of the export sector, and special areas are important for the formation of a new economic landscape of the country", - concluded Tiote.
https://coub.com/pearl.necklace
Gem International Resources reported that its operating partner of Global Gems International began work on the project Dala (Dala) in the province of Lunda Sul, Angola.
According to the company, Global Gems has launched the evaluation and production of diamonds of the priority areas selected as favorable for search of alluvial diamond deposits in the area of 3000 square meters. km license alluvial portion Dala.
Dala project at an early stage of development and has the potential to detect both alluvial and kimberlite diamonds.
"(Our) company and Global Gems International launched the initial ground and technical programs to determine the priorities of the initial inspection of alluvial gravel," - noted in Gem International.
"This includes the establishment of a base camp logistics in Saurimo, as well as the purchase of equipment for the mining industry, diamond production and infrastructure", - added to the company.
As stated in the Gem International, on the project have been identified more than 30 high-priority areas. They include standard rock trap in drains of active clusters and river gravel, preserved in old bends and terraces.
Meanwhile, the company is in the process of studying the extensive database of exploration both alluvial and kimberlite deposits of the former owner of Dala concession. The company plans to get all the information that will be needed for the current operation.
The company has data on more than 900 alluvial areas, and extensive information on the exploration of kimberlites accelerate the possibility of setting priorities for the initial work areas.
"We know that in Dala located at least 5 new kimberlite pipes, as well as numerous other untested target areas," - say in the Gem International,
"Alluvial diamonds, which are currently mined in Dala probably come from diamondiferous kimberlites on the concession" , - concluded the company.
https://coub.com/pearl.necklace
According to the company, Global Gems has launched the evaluation and production of diamonds of the priority areas selected as favorable for search of alluvial diamond deposits in the area of 3000 square meters. km license alluvial portion Dala.
Dala project at an early stage of development and has the potential to detect both alluvial and kimberlite diamonds.
"(Our) company and Global Gems International launched the initial ground and technical programs to determine the priorities of the initial inspection of alluvial gravel," - noted in Gem International.
"This includes the establishment of a base camp logistics in Saurimo, as well as the purchase of equipment for the mining industry, diamond production and infrastructure", - added to the company.
As stated in the Gem International, on the project have been identified more than 30 high-priority areas. They include standard rock trap in drains of active clusters and river gravel, preserved in old bends and terraces.
Meanwhile, the company is in the process of studying the extensive database of exploration both alluvial and kimberlite deposits of the former owner of Dala concession. The company plans to get all the information that will be needed for the current operation.
The company has data on more than 900 alluvial areas, and extensive information on the exploration of kimberlites accelerate the possibility of setting priorities for the initial work areas.
"We know that in Dala located at least 5 new kimberlite pipes, as well as numerous other untested target areas," - say in the Gem International,
"Alluvial diamonds, which are currently mined in Dala probably come from diamondiferous kimberlites on the concession" , - concluded the company.
https://coub.com/pearl.necklace
Flagpole with the flag of India, height 118 feet (about 36 m) was installed near the building of the Indian Diamond Exchange (Bharat Diamond Bourse, BDB). Flag size of 30 by 20 inches was officially lifted in the presence Kirtibhaya Doshi (Kirtibhai Doshi), the most prominent diamantaire Mumbai, and Amrita Devendra Fadnavis (Amrita Devendra Fadanvis), wife Minister Maharashtra Devendra Fadnavis (Devendra Fadanvis).
Cirith A. Bhansali (Kirit A. Bhansali), one of the important members of the Managing Board of BDB, on its own initiative decided to follow the call of the Prime Minister of the country to install the Indian tricolor on all municipal and educational institutions in India, and as soon as possible to raise the Indian flag over Exchange building.
Anoop Mehta (Anoop Mehta), president of the BDB, Bharat Shah (Bharat Shah), President of Diamond Traders Association and diamonds Mumbai (Mumbai Diamond Merchants Association, MDMA) and chairman of the Export Promotion gems and jewelry Council (Gem & Jewellery Export Promotion Council , GJEPC) Pravinshankar Pandya (Praveenshankar Pandya) were also present at the ceremony. Also at the event were many members of the Governing Council of BDB and major diamantaires.
https://coub.com/pearl.necklace
Joint Stock Company "ALROSA" (PJSC), the largest in the world in terms of diamond production, announce the International auction of special-sized diamonds weighing 10 carats and more, as well as Diamond Tender. The company said this in a press release received by Rough & Polished Agency on Tuesday.
Auctions will be held on the eve of the Second Eastern Economic Forum from August 23 to September 3, 2016 in Vladivostok, on. Russian. At the auction exhibited property diamonds "ALROSA" (PAO) and JSC "Diamonds of Anabar" in the amount of 19 pieces (19 lots) with a total weight of 1098 carats. The largest diamond, presented at the auction, has a mass of 401.97 carats.
At the same time on the same site will host Diamond Tender, which will present 28 diamonds. 5 of them have a lot of stones greater than 5 carats. 18 stones - fancy-colored. The largest diamond is a round cut has a lot of 40,25 carats.
Such trades are held in Vladivostok for the first time. Showing gemstones will be held from August 23 to September 2, summarizing the auction will be held on September 3 in electronic format through the site www.dea.alrosa.ru .
Just watching will participate 30 companies from Hong Kong, Israel, India, USA, Belgium and Russia. Trading of rough diamonds organized branch of the company "United Selling Organization of ALROSA" diamond auction organized by "ALROSA Diamonds".
Sorting, initial assessment, pre-sale preparation and implementation of "ALROSA" diamond is carried out branch "United Selling Organization" ALROSA ".
Branch "ALROSA Diamonds" is a proper cutting enterprises "ALROSA", one of the largest diamond producers in Russia. He realizes the round diamonds and fancy-cut diamonds in the domestic and foreign markets, offers its customers the entire spectrum of product size and weight groups and the quality and color characteristics.
https://coub.com/pearl.necklace
Auctions will be held on the eve of the Second Eastern Economic Forum from August 23 to September 3, 2016 in Vladivostok, on. Russian. At the auction exhibited property diamonds "ALROSA" (PAO) and JSC "Diamonds of Anabar" in the amount of 19 pieces (19 lots) with a total weight of 1098 carats. The largest diamond, presented at the auction, has a mass of 401.97 carats.
At the same time on the same site will host Diamond Tender, which will present 28 diamonds. 5 of them have a lot of stones greater than 5 carats. 18 stones - fancy-colored. The largest diamond is a round cut has a lot of 40,25 carats.
Such trades are held in Vladivostok for the first time. Showing gemstones will be held from August 23 to September 2, summarizing the auction will be held on September 3 in electronic format through the site www.dea.alrosa.ru .
Just watching will participate 30 companies from Hong Kong, Israel, India, USA, Belgium and Russia. Trading of rough diamonds organized branch of the company "United Selling Organization of ALROSA" diamond auction organized by "ALROSA Diamonds".
Sorting, initial assessment, pre-sale preparation and implementation of "ALROSA" diamond is carried out branch "United Selling Organization" ALROSA ".
Branch "ALROSA Diamonds" is a proper cutting enterprises "ALROSA", one of the largest diamond producers in Russia. He realizes the round diamonds and fancy-cut diamonds in the domestic and foreign markets, offers its customers the entire spectrum of product size and weight groups and the quality and color characteristics.
https://coub.com/pearl.necklace
Tuesday, June 13, 2017
Zimbabwean diamond state company Zimbabwe Consolidated Diamond Company (ZCDC) trying to get local banks to $ 300 million to buy equipment and expand their operations, according to the Zimbabwean media.
Local newspaper The Source quotes the executive director ZCDC Nyashanu Ridge (Ridge Nyashanu), who said that the company not having its own equipment, will have to buy it and upgrade the processing plant.
Last year's official Harare deprived of licenses for diamond mining companies that operate in the fields of Marange (Marange), and consolidated its operations under the ZCDC.
"In the future we hope to recapitalize, the total cost is around $ 300 million", - said Nyashanu.
"We are negotiating with local banks and other private financial institutions, and their results are very encouraging we will be able to come to an agreement in the near future.", - he added.
ZCDC last year received $ 30 million from the Reserve Bank of Zimbabwe for the purchase of equipment from Belarus.
Diamond mining in the Marange diamond field falls forced consolidation.
Last year at the diamond fields of Zimbabwe produced about 900,000 carats of diamonds, against a peak of 12 million carats a few years ago.
https://del.icio.us/pearlsonline
Local newspaper The Source quotes the executive director ZCDC Nyashanu Ridge (Ridge Nyashanu), who said that the company not having its own equipment, will have to buy it and upgrade the processing plant.
Last year's official Harare deprived of licenses for diamond mining companies that operate in the fields of Marange (Marange), and consolidated its operations under the ZCDC.
"In the future we hope to recapitalize, the total cost is around $ 300 million", - said Nyashanu.
"We are negotiating with local banks and other private financial institutions, and their results are very encouraging we will be able to come to an agreement in the near future.", - he added.
ZCDC last year received $ 30 million from the Reserve Bank of Zimbabwe for the purchase of equipment from Belarus.
Diamond mining in the Marange diamond field falls forced consolidation.
Last year at the diamond fields of Zimbabwe produced about 900,000 carats of diamonds, against a peak of 12 million carats a few years ago.
https://del.icio.us/pearlsonline
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