Discussion on the theme "Linking markets» (Connecting Markets) will be devoted to a new era of global trade and how the change will affect the geopolitics trading precious metals flows.
The DMCC explained: "Despite the difficult conditions at the end of last year, prices for precious metals in 2016 increased by 11.71% compared with the previous year, which contributed to economic instability and political uncertainty in many parts of the world."
Sashittal Gautam (Gautam Sashittal), CEO of DMCC has, said: "2017 could be interesting for the precious metals, given the geopolitical shift of sentiment."
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DiamondCorp, which is currently developing an underground diamond mine in South Africa, reported a loss in the amount of £ 2.41 million in 2015 against £ 3.25 million a year earlier.
The aggregate cost of the company's assets increased to £ 34,99 million in the past year against £ 32,41 million a year earlier, while the volume of cash amounted to £ 1.78 million against £ 2.60 million in the same period last year. In addition, the company received a £ 2.06 million the second stage of the placement of shares in January 2016.
In DiamondCorp added that shares kimberlite rock at the mine Leis (Lace) is now estimated at 38.69 million tons to a depth of 920 m or even lower.
Through research the sales network of the company and financial modeling of the project was able to figure out what the optimum for use in the processing plant is a net with 1.25 mm mesh.
"With this amount of recoverable diamonds their contents is estimated at 9.39 million carats," - noted in DiamondCorp.
With regard to the resources of the project, at the UK4 block was identified 2.21 million tonnes of kimberlite at a depth of 230-370 m.
"Production of this species is under way, while we continue to create the first space on the block at a depth of 500 m," - added in company.
In early April, DiamondCorp held the first sale of diamonds from the Lace 1931. Batch volume was 8648 carats, 6247 of which have been mined from the underground part of the mine.
The average price of these diamonds was $ 175 per carat, while the estimated value of the estimated at $ 164 per carat.
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