Tuesday, May 30, 2017
Feel decorated and fully equipped
Editors of Harper's Bazaar highlighted feature of the season when he wrote: "In season urban shells of the simplest products look especially cool. However, You fall - this bracelet, like the fact that Nicolas Ghesquiere made of gold and silver for Balenciaga. When worn, it gives all the elements on a hand finished look. Put two and feel and decorated and fully equipped. "
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Petra Diamonds said it is in talks with the Government of Tanzania to transfer his 30 per cent share of the mine Williamson (Williamson) according to the new requirements and the listing on the Stock Exchange of Dar es Salaam. Tanzanian government already owns a 25 percent stake in the mine Williamson.
Responding to a question during an analyst conference call, Chief Executive Officer of Petra Diamonds Johan Dippenaar (Johan Dippenaar) said that he did not want too early to talk about the results of negotiations with the government.
Tanzania has introduced new rules for operating in the country of mining companies to promote local ownership and building capital markets, which should come into force until August 23 this year.
Meanwhile, by Petra reported that it produced 999 768 carats in the third quarter of 2017 fiscal year compared to 995,905 carats in the same period a year earlier, as production from tailings from open-pit mine Williamson and Kimberley operations (Kimberley) in South Africa decreased due to unexpectedly strong precipitation.
The company's revenue fell 1% to $ 119.1 million for the period under review, compared to $ 120.5 million in the same period in the previous year.
Cash miners were $ 66.2 million as of March 31, 2017 compared to $ 39.0 million for the same period last year.
As of March 31, 2017 Petra diamond stocks were $ 49.3 million compared with $ 54.3 million a year earlier.
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