The company Pangolin Diamonds launched a program percussion drilling on its wholly-owned diamond project Motlutse (Motloutse) in Botswana.
She says in a statement that, as expected, the program will be completed within the next two weeks.
Kimberlite objects include AGA-01 portion representing aeromagnetic and gravitational anomaly showing positive minerals Indicator kimberlite rounded shapes extracted at the surface, and a portion of MG-08 to an abnormal concentration of positive kimberlite indicator mineral also recoverable on a surface, said in a statement.
Diamond Motlutse project covers the area where in 1959 the first diamonds were discovered in Botswana, and it also includes the place where in 1962 its first diamonds found in Botswana De Beers.
Pangolin announced that drilling at its wholly-owned diamond project Malatsvae (Malatswae), also located in Botswana, where 13 diamonds have been found on the surface, is scheduled to begin in the second half of 2016.
"The budget of the company completely has the means to complete this drilling program," - said in a statement Pangolin.
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Friday, July 14, 2017
In the sixth period, rough diamond sales by De Beers this year their volume has decreased to $ 520 million from $ 564 million, received during the fifth period of sales.
Recent sales were the lowest this year. Most of all, the company earned on sales in April, then obtain $ 666 million.
As in the previous cycle, which showed a decline to $ 564 million compared to the fourth cycle that has brought $ 636 million, De Beers had expected a weaker result due seasonal fluctuations in demand.
"This is an encouraging indicator of sales for this time of year, which is supported by a positive attitude among our customers", - said Bryus Kliver, Chief Executive Officer of De Beers.
According to him, the group will adhere to the cautious outlook for the remainder of 2016.
Anglo American, which has a controlling stake in De Beers, reported last week that the profits of the diamond giant rose 2 percent, to $ 585 million during the first half of 2016 from $ 576 million a year earlier as a result of higher revenues due to "more strong" demand for rough diamonds, as well as thanks to tight control over operating costs and favorable currency exchange rate.
Consolidated revenues of De Beers rose 8 percent to $ 3.3 billion, during the period from $ 3 billion a year earlier, which was mainly due to increased sales of rough diamonds, which grew by 11 percent, to $ 3.1 billion.
The increase in sales of rough diamonds has been associated with the completion of reducing the inventory by an average diamond pipeline segment, as well as due to strong consumer demand in key markets.
Consolidated sales rose by 29 percent to 17.2 million carats in the first half of this year compared to 13.3 million carats in the previous year.
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Recent sales were the lowest this year. Most of all, the company earned on sales in April, then obtain $ 666 million.
As in the previous cycle, which showed a decline to $ 564 million compared to the fourth cycle that has brought $ 636 million, De Beers had expected a weaker result due seasonal fluctuations in demand.
"This is an encouraging indicator of sales for this time of year, which is supported by a positive attitude among our customers", - said Bryus Kliver, Chief Executive Officer of De Beers.
According to him, the group will adhere to the cautious outlook for the remainder of 2016.
Anglo American, which has a controlling stake in De Beers, reported last week that the profits of the diamond giant rose 2 percent, to $ 585 million during the first half of 2016 from $ 576 million a year earlier as a result of higher revenues due to "more strong" demand for rough diamonds, as well as thanks to tight control over operating costs and favorable currency exchange rate.
Consolidated revenues of De Beers rose 8 percent to $ 3.3 billion, during the period from $ 3 billion a year earlier, which was mainly due to increased sales of rough diamonds, which grew by 11 percent, to $ 3.1 billion.
The increase in sales of rough diamonds has been associated with the completion of reducing the inventory by an average diamond pipeline segment, as well as due to strong consumer demand in key markets.
Consolidated sales rose by 29 percent to 17.2 million carats in the first half of this year compared to 13.3 million carats in the previous year.
http://pearlgiftjewelry.blogspot.ca/
The European Commission issued a positive opinion on the request filed by the Belgian authorities in order to introduce a new system of taxation for companies trading in rough and polished diamonds in this country, based on a lump sum of profits rather than actual profits, are now used.
The European Commission has spent about one year out to consider the proposed tax reform, and make sure it is not a disguised form of state aid - the conclusion which the Commission issued July 29, 2016. In a press release issued the same day, it was said that "the provisions of the Belgian tax law for companies that apply to the sector of wholesale trade in diamonds and diamonds, in line with EU rules on state aid. These provisions do not provide benefits to individual companies and, therefore, are not linked to state aid in the understanding of EU rules. "
Belgian authorities in May 2015 notified the European Commission that the plan to introduce a special regime of taxation of income diamanters to resolve specific difficulties in the application of the general tax regime in the sector. And now the European Commission carried out the evaluation showed that the changes made by the Belgian authorities to minimize the possibility of providing a selective advantage to certain companies in the wholesale diamond trade sector.
Explaining the difficulties faced by both the Belgian tax authorities and companies selling diamonds and diamonds in the overall Belgian corporate tax system, the European Commission notes that the taxpayer's taxable income in Belgium, depends primarily from profit as reported in its accounts , whereas for wholesale traders working with diamonds and diamonds, much profits depend on the value of stocks of stones on their accounts and, as the evaluation of these stones requires considerable knowledge s, the Belgian tax administration is difficult to assess and adjust the value of inventories of diamonds in the course of tax audits.
"In addition, diamonds and diamonds at the wholesale level are bought and sold as a commodity, which adds complexity to track individual stones on the trader's account. The result is often a battle between the diamond traders and the tax administration, which leads to legal uncertainty, "- said in a press release.
"The new income tax regime specific to the diamond traders in Belgium (" Diamond mode ") seeks to solve this problem by introducing the tax base calculation method of income diamond traders, which does not require the tax administration to check the evaluation of diamonds and diamonds on the trader's account. As part of the "rough treatment" calculation of the gross profit of the trader is based on a fixed percentage of turnover, which leads to the calculation of the fixed value of the acquired stones and changes in inventories (in cost of goods sold) during the reporting period ", - says the European Commission.
All this means that the annual recurring difficulties with the tax control, which many diamond dealers have faced in the past will not happen again, said AWDC (Antwerp World Diamond Centre, AWDC) , commenting on the decision of the European Commission.
http://royalpearljewelry.blogspot.ca/
The European Commission has spent about one year out to consider the proposed tax reform, and make sure it is not a disguised form of state aid - the conclusion which the Commission issued July 29, 2016. In a press release issued the same day, it was said that "the provisions of the Belgian tax law for companies that apply to the sector of wholesale trade in diamonds and diamonds, in line with EU rules on state aid. These provisions do not provide benefits to individual companies and, therefore, are not linked to state aid in the understanding of EU rules. "
Belgian authorities in May 2015 notified the European Commission that the plan to introduce a special regime of taxation of income diamanters to resolve specific difficulties in the application of the general tax regime in the sector. And now the European Commission carried out the evaluation showed that the changes made by the Belgian authorities to minimize the possibility of providing a selective advantage to certain companies in the wholesale diamond trade sector.
Explaining the difficulties faced by both the Belgian tax authorities and companies selling diamonds and diamonds in the overall Belgian corporate tax system, the European Commission notes that the taxpayer's taxable income in Belgium, depends primarily from profit as reported in its accounts , whereas for wholesale traders working with diamonds and diamonds, much profits depend on the value of stocks of stones on their accounts and, as the evaluation of these stones requires considerable knowledge s, the Belgian tax administration is difficult to assess and adjust the value of inventories of diamonds in the course of tax audits.
"In addition, diamonds and diamonds at the wholesale level are bought and sold as a commodity, which adds complexity to track individual stones on the trader's account. The result is often a battle between the diamond traders and the tax administration, which leads to legal uncertainty, "- said in a press release.
"The new income tax regime specific to the diamond traders in Belgium (" Diamond mode ") seeks to solve this problem by introducing the tax base calculation method of income diamond traders, which does not require the tax administration to check the evaluation of diamonds and diamonds on the trader's account. As part of the "rough treatment" calculation of the gross profit of the trader is based on a fixed percentage of turnover, which leads to the calculation of the fixed value of the acquired stones and changes in inventories (in cost of goods sold) during the reporting period ", - says the European Commission.
All this means that the annual recurring difficulties with the tax control, which many diamond dealers have faced in the past will not happen again, said AWDC (Antwerp World Diamond Centre, AWDC) , commenting on the decision of the European Commission.
http://royalpearljewelry.blogspot.ca/
Rapaport Group offered customers to take part in the auction, which will take place 9-18 August, and at which the company will offer for sale the "first one hundred percent natural, not subjected to a treatment to improve the characteristics of diamond-mele" in an attempt to solve a big ethical problem facing the industry . In a press release issued by the Group on Wednesday, reads as follows:
The diamond industry is under increasing pressure due to the unethical behavior of dealers who mixed synthetic diamonds in the Party of natural diamonds. While checking some larger diamonds seems economically feasible, checking batches of small diamonds ( "chalk"), which may contain thousands of individual stones, as a rule, is not economical. As a result, the party chalk are often sold without testing in the industry, resulting in the sale to consumers of synthetic diamonds under the guise of natural. The fact that diamonds-mele mainly sold without testing helps mixes the synthetic and deception. This is - a big ethical problem for the industry that can cause serious damage to consumer confidence if the substitution is detected.
Rapaport Group believes that seems vital to support the industry and to ensure the trust of consumers by creating a legitimate distribution channels of natural diamonds, chalk, not subjected to the treatment in order to improve performance. Therefore, we offer customers the opportunity to purchase a party at one hundred percent proven diamond-mele, where every single stone tested in order to ensure that it is natural and is not subject to the beautification of the diamond. In addition, we also offer party-mele diamonds that passed spot checks by 99% with a tolerance of error of 1%.
The first party is one hundred percent natural and neoblagorozhennyh diamond-chalk, as well as the party, the last spot checks will be offered for sale at the upcoming auction of the Rapaport, which will be held August 9-18. The price of these diamonds party will be established by bidders.
Rapaport The company will also offer not participating in the auction, the buyer the opportunity to place their own orders for diamonds, chalk and larger diamonds, which will control the quality and belonging to synthetics by Rapaport company before delivery to customers. Among Rapaport work RapLab laboratory quality control, located in Mumbai, Ramat Gan and New York.
http://bridalpearlnecklace.blogspot.ca/
The diamond industry is under increasing pressure due to the unethical behavior of dealers who mixed synthetic diamonds in the Party of natural diamonds. While checking some larger diamonds seems economically feasible, checking batches of small diamonds ( "chalk"), which may contain thousands of individual stones, as a rule, is not economical. As a result, the party chalk are often sold without testing in the industry, resulting in the sale to consumers of synthetic diamonds under the guise of natural. The fact that diamonds-mele mainly sold without testing helps mixes the synthetic and deception. This is - a big ethical problem for the industry that can cause serious damage to consumer confidence if the substitution is detected.
Rapaport Group believes that seems vital to support the industry and to ensure the trust of consumers by creating a legitimate distribution channels of natural diamonds, chalk, not subjected to the treatment in order to improve performance. Therefore, we offer customers the opportunity to purchase a party at one hundred percent proven diamond-mele, where every single stone tested in order to ensure that it is natural and is not subject to the beautification of the diamond. In addition, we also offer party-mele diamonds that passed spot checks by 99% with a tolerance of error of 1%.
The first party is one hundred percent natural and neoblagorozhennyh diamond-chalk, as well as the party, the last spot checks will be offered for sale at the upcoming auction of the Rapaport, which will be held August 9-18. The price of these diamonds party will be established by bidders.
Rapaport The company will also offer not participating in the auction, the buyer the opportunity to place their own orders for diamonds, chalk and larger diamonds, which will control the quality and belonging to synthetics by Rapaport company before delivery to customers. Among Rapaport work RapLab laboratory quality control, located in Mumbai, Ramat Gan and New York.
http://bridalpearlnecklace.blogspot.ca/
As released by the company Rio Tinto press release says that it has launched its program "The Australian Diamonds» (Australian Diamonds ™) in China. This step was taken in response to the growing consumer and commercial interest in the origin of diamonds, as well as to further support the market diamonds from the Argyle diamond mine (Argyle).
Bruno Seyn (Bruno Sane), general manager of marketing for Rio Tinto Diamonds companies in this regard said, "More and more the value of a diamond is linked to the place where the diamond was mined, of which it is made; It also takes into account its cut and the process of its output for sale. This is a very reasoned approach that is gradually changing the diamond industry for the better. "
Rio Tinto has become a pioneer in this area and stated that from 2016 all its global marketing activities will focus on diamonds and jewelry collections, originating from the monitored source and having a clear and transparent supply chain.
Maltes Rita (Rita Maltez), director of Rio Tinto Diamonds for Greater China said: "Diamonds from Australia promise a deep authenticity that Chinese consumers is just as desirable as it is desirable for them and our diamonds. Over the past five years, we see how the diamonds from the Argyle mine inspire emerging Chinese market fashion diamond jewelery - from designers and retailers to the end consumer. I am pleased to introduce this new program, which is entirely focused on winning consumer confidence and carries the spirit of the homeland diamonds from the Argyle mine Rio Tinto's - rocky landscapes, rich heritage and pristine luxury solution in beautiful jewelry. "
Branded "supply chain" of the company Rio Tinto has been developed with the participation of the authorized producers of diamonds and jewelry, as well as retailers. It will be subjected to independent scrutiny. Authorized distributors and retailers have access to the brand and set of marketing materials, including a certificate of authenticity accompanying the jewelry, which pass through the supply chain.
http://pearlsgift.blogspot.ca/
Bruno Seyn (Bruno Sane), general manager of marketing for Rio Tinto Diamonds companies in this regard said, "More and more the value of a diamond is linked to the place where the diamond was mined, of which it is made; It also takes into account its cut and the process of its output for sale. This is a very reasoned approach that is gradually changing the diamond industry for the better. "
Rio Tinto has become a pioneer in this area and stated that from 2016 all its global marketing activities will focus on diamonds and jewelry collections, originating from the monitored source and having a clear and transparent supply chain.
Maltes Rita (Rita Maltez), director of Rio Tinto Diamonds for Greater China said: "Diamonds from Australia promise a deep authenticity that Chinese consumers is just as desirable as it is desirable for them and our diamonds. Over the past five years, we see how the diamonds from the Argyle mine inspire emerging Chinese market fashion diamond jewelery - from designers and retailers to the end consumer. I am pleased to introduce this new program, which is entirely focused on winning consumer confidence and carries the spirit of the homeland diamonds from the Argyle mine Rio Tinto's - rocky landscapes, rich heritage and pristine luxury solution in beautiful jewelry. "
Branded "supply chain" of the company Rio Tinto has been developed with the participation of the authorized producers of diamonds and jewelry, as well as retailers. It will be subjected to independent scrutiny. Authorized distributors and retailers have access to the brand and set of marketing materials, including a certificate of authenticity accompanying the jewelry, which pass through the supply chain.
http://pearlsgift.blogspot.ca/
As reported, the company Debmarine Namibia, a joint venture between De Beers and the Namibian government, took over his sixth ship called «SS Nujoma» ( «Nujoma") constructed the Norwegian shipyard Kleven Verft.
«SS Nujoma», the ship 113 meters long, was named in honor of the president-founder of Namibia.
Newspaper «BusinessDay» informs that the «SS Nujoma» join the fleet of the company Debmarine Namibia five other ships - «Grand Banks», «Debmar Atlantic», «Debmar Pacific», «Gariep» and «Mafuta», - who work at the southern the coast of Namibia.
"The crew« Debmarine Namibia »lead ship from Norway to Cape Town, set sail at the end of July, and will come into place in the end of August, - he said the project manager Debmarine Maykl Kertis (Michael Curtis), as quoted by the newspaper. - In Cape Town, we will set the sampling system and processing plant and run the entire system into operation before sailing in Namibian waters for final commissioning and testing at the beginning of 2017 ".
Company RMB Namibia took part in organizing and financing the construction of the vessel, providing for these purposes to $ 150 million, equivalent to 75% of the total cost, while the rest of the money has paid itself Debmarine Namibia.
According to Michael Curtis, «SS Nujoma» - the most "technologically sophisticated" ship in the world, designed for sampling and diamond exploration.
http://pearlgiftjewelry.blogspot.ca/
«SS Nujoma», the ship 113 meters long, was named in honor of the president-founder of Namibia.
Newspaper «BusinessDay» informs that the «SS Nujoma» join the fleet of the company Debmarine Namibia five other ships - «Grand Banks», «Debmar Atlantic», «Debmar Pacific», «Gariep» and «Mafuta», - who work at the southern the coast of Namibia.
"The crew« Debmarine Namibia »lead ship from Norway to Cape Town, set sail at the end of July, and will come into place in the end of August, - he said the project manager Debmarine Maykl Kertis (Michael Curtis), as quoted by the newspaper. - In Cape Town, we will set the sampling system and processing plant and run the entire system into operation before sailing in Namibian waters for final commissioning and testing at the beginning of 2017 ".
Company RMB Namibia took part in organizing and financing the construction of the vessel, providing for these purposes to $ 150 million, equivalent to 75% of the total cost, while the rest of the money has paid itself Debmarine Namibia.
According to Michael Curtis, «SS Nujoma» - the most "technologically sophisticated" ship in the world, designed for sampling and diamond exploration.
http://pearlgiftjewelry.blogspot.ca/
The Alliance for Responsible Mining (Alliance for Responsible Mining, ARM) and the Council for Responsible Jewelry practice (Responsible Jewellery Council, RJC) renewed their Memorandum of Understanding to strengthen their cooperation in promoting responsible supply chains of jewels and to promote their strengthening.
ARM and RJC share the objectives related to the promotion of responsible supply chains of precious metals, and will continue to work together to their standards and guarantee models are mutually reinforcing. As part of its cooperation ARM and RJC aims to improve the social, environmental and labor practices, the proper management of the production and recovery of ecosystems in the course of mining operations carried out by artisanal and small mining companies; strengthening of links between enterprises, leading a large-scale mining, and Artel and small mining companies; improving access to the precious metals markets for products coming from responsible artisanal miners and small mining companies.
ARM and RJC see great opportunities for a broader inclusion of the sector, which employs Artel and small mining companies in the global supply chain of responsibility and will work together with many stakeholders to make it happen.
ARM and RJC also respond to the requirement for harmonization on the part of industry by matching certain aspects of their safety nets. ARM and RJC will allow a joint audit by the standards and Fairmined RJC Chain-of-Custody for those companies that are involved in both certification schemes in order to reduce audit burden. Such measures help to reduce the barriers to a more responsible supply chains and facilitate interaction with the artisanal and small companies, the leading mining.
http://traditionpearlnecklace.blogspot.ca/
ARM and RJC share the objectives related to the promotion of responsible supply chains of precious metals, and will continue to work together to their standards and guarantee models are mutually reinforcing. As part of its cooperation ARM and RJC aims to improve the social, environmental and labor practices, the proper management of the production and recovery of ecosystems in the course of mining operations carried out by artisanal and small mining companies; strengthening of links between enterprises, leading a large-scale mining, and Artel and small mining companies; improving access to the precious metals markets for products coming from responsible artisanal miners and small mining companies.
ARM and RJC see great opportunities for a broader inclusion of the sector, which employs Artel and small mining companies in the global supply chain of responsibility and will work together with many stakeholders to make it happen.
ARM and RJC also respond to the requirement for harmonization on the part of industry by matching certain aspects of their safety nets. ARM and RJC will allow a joint audit by the standards and Fairmined RJC Chain-of-Custody for those companies that are involved in both certification schemes in order to reduce audit burden. Such measures help to reduce the barriers to a more responsible supply chains and facilitate interaction with the artisanal and small companies, the leading mining.
http://traditionpearlnecklace.blogspot.ca/
Thai Association of dealers in precious stones and jewelery (Thai Gem and Jewelry Traders Association, TGJTA) postponed the fairs Thailand Gems & Jewelry Fair, scheduled for 7-11 September 2016, at 2017. The reason for the postponement of the event was the dispute over the venue of the fair. It is reported that TGJTA currently unable to provide an alternative venue for the fair this year.
President TGJTA Suttipong Damrongsakul (Suttipong Damrongsakul) said: "We had hoped to solve this problem now, but unfortunately, despite all our efforts, we were unable to do so within the required time period, in spite of our full readiness and training."
TGJTA plans to provide another new venue for Thailand Gems and Jewelry Fair in 2017. "We sovereshnno are confident that this step will allow us to provide great benefits and a much better fair to our members and the Thai jewelry industry. We will provide an update on this issue as soon as possible "- added Damrongsakul.
http://royalpearljewelry.blogspot.ca/
President TGJTA Suttipong Damrongsakul (Suttipong Damrongsakul) said: "We had hoped to solve this problem now, but unfortunately, despite all our efforts, we were unable to do so within the required time period, in spite of our full readiness and training."
TGJTA plans to provide another new venue for Thailand Gems and Jewelry Fair in 2017. "We sovereshnno are confident that this step will allow us to provide great benefits and a much better fair to our members and the Thai jewelry industry. We will provide an update on this issue as soon as possible "- added Damrongsakul.
http://royalpearljewelry.blogspot.ca/
Firestone Diamonds has agreed once again to extend the date by which all the conditions for the sale of its production companies in Botswana Tango Mining must be met.
Firestone Diamonds has signed an agreement for the sale to the terms of Tango Mining mine for $ 8 million in July 2015 and is now said that all the conditions of such an agreement must be made no later than 29 August 2016.
"This extension will allow Tango Mining finalize proposed to her credit in the amount of $ 30.0 million by Vanderbilt Commercial Lending to finance the acquisition of production Firestone Diamonds in Botswana and to resume work at the mine BK11», - said in a statement Firestone Diamonds.
Previously, Firestone Diamonds demanded that all the conditions contained in the agreement and the letter of amendment should be made not later than 29 July, noting at the same time that the deadline under certain circumstances can be extended up to August 29, 2016, as it It happened.
http://bridalpearlnecklace.blogspot.ca/
Firestone Diamonds has signed an agreement for the sale to the terms of Tango Mining mine for $ 8 million in July 2015 and is now said that all the conditions of such an agreement must be made no later than 29 August 2016.
"This extension will allow Tango Mining finalize proposed to her credit in the amount of $ 30.0 million by Vanderbilt Commercial Lending to finance the acquisition of production Firestone Diamonds in Botswana and to resume work at the mine BK11», - said in a statement Firestone Diamonds.
Previously, Firestone Diamonds demanded that all the conditions contained in the agreement and the letter of amendment should be made not later than 29 July, noting at the same time that the deadline under certain circumstances can be extended up to August 29, 2016, as it It happened.
http://bridalpearlnecklace.blogspot.ca/
The DIVA, a new museum of gold, silver, jewelry and diamonds, looking for a commercial partner to run the diamond point of sale, precious jewelry and industrial goods (store), and possibly the integration of additional retail space for private (group) sales, said the Antwerp World diamond center Antwerp World diamond Sentre, AWDC).
From a commercial partner waiting for a financial contribution to the promotion of further development of the DIVA, including multi-purpose areas for leasing companies, industry delegations and private parties. Partner, which will open a shop in the lobby of the museum, will play a key role in shaping the image of the museum and the general atmosphere for DIVA visitors. Partners to run DIVA store offers a concession agreement for a minimum period of five years.
http://traditionpearlnecklace.blogspot.ca/
From a commercial partner waiting for a financial contribution to the promotion of further development of the DIVA, including multi-purpose areas for leasing companies, industry delegations and private parties. Partner, which will open a shop in the lobby of the museum, will play a key role in shaping the image of the museum and the general atmosphere for DIVA visitors. Partners to run DIVA store offers a concession agreement for a minimum period of five years.
http://traditionpearlnecklace.blogspot.ca/
Stellar Diamonds has signed a memorandum of intent with the based in Dubai, a group of commodity companies Citigate Commodities, providing for the development of conditions for the establishment of joint ventures for the kimberlite project Baul (Baoulé) in Guinea and two new exploration licenses in western Liberia, which have recently been given this diamond company .
The proposed joint venture will allow Stellar to concentrate on the development of high-quality project Tongo (Tongo) in Sierra Leone, said in a statement sent by e-mail to agency Rough & Polished.
The deal depends on the completion of the law firm Citigate evaluation and the parties entering into definitive agreements for a joint venture for each project.
According to the final agreement on the creation of joint ventures Citigate will be eligible for phased income of up to 75 percent of the Resources Tassiliman Baoulé of the authorized capital of the company (RTB), which is in the hands of kimberlite project Baule.
Stellar currently holds a stake of 75 percent in RTB, and the remaining 25 percent is owned by a local partner.
As the company said, Stellar and its local partner will dilute its stake to 25 per cent of the capital of its own project, if Citigate fully fund all three phases of the work.
If Citigate comes to funding for the third phase of the work, the proportion of equity in the project Stellar Baul drop to 18.75 percent.
Citigate will also have the right to invest $ 6.25 million over three separate stages in exchange for a 85 percent stake in the Liberian licenses, leaving Stellar with a share of 13.5 per cent and its local partner with a share of 1.5 percent.
The first phase of the program will lead to further exploration and sampling monitoring within the budget of $ 250,000, which will bring Citigate 25 percent stake in the Liberian licenses. If Citigate decides to move to the second phase of the program, it will have to invest an additional $ 2 million for an additional 25 percent stake in the future will invest $ 4 million in the third phase of the program for a share of 35 percent.
"Terms of the creation of these joint ventures are very attractive for Stellar fact that we essentially ensure the free transfer of interest in the framework of the Baule, and within the framework of our new Liberian licenses, - said CEO Karl Smithson (Karl Smithson). - It is important to note that we will receive a pro rata share of income from the ongoing trial mining at Baul at zero cost, as well as advance payment for the management of projects in the first phase of work. "
http://pearlgiftjewelry.blogspot.ca/
The proposed joint venture will allow Stellar to concentrate on the development of high-quality project Tongo (Tongo) in Sierra Leone, said in a statement sent by e-mail to agency Rough & Polished.
The deal depends on the completion of the law firm Citigate evaluation and the parties entering into definitive agreements for a joint venture for each project.
According to the final agreement on the creation of joint ventures Citigate will be eligible for phased income of up to 75 percent of the Resources Tassiliman Baoulé of the authorized capital of the company (RTB), which is in the hands of kimberlite project Baule.
Stellar currently holds a stake of 75 percent in RTB, and the remaining 25 percent is owned by a local partner.
As the company said, Stellar and its local partner will dilute its stake to 25 per cent of the capital of its own project, if Citigate fully fund all three phases of the work.
If Citigate comes to funding for the third phase of the work, the proportion of equity in the project Stellar Baul drop to 18.75 percent.
Citigate will also have the right to invest $ 6.25 million over three separate stages in exchange for a 85 percent stake in the Liberian licenses, leaving Stellar with a share of 13.5 per cent and its local partner with a share of 1.5 percent.
The first phase of the program will lead to further exploration and sampling monitoring within the budget of $ 250,000, which will bring Citigate 25 percent stake in the Liberian licenses. If Citigate decides to move to the second phase of the program, it will have to invest an additional $ 2 million for an additional 25 percent stake in the future will invest $ 4 million in the third phase of the program for a share of 35 percent.
"Terms of the creation of these joint ventures are very attractive for Stellar fact that we essentially ensure the free transfer of interest in the framework of the Baule, and within the framework of our new Liberian licenses, - said CEO Karl Smithson (Karl Smithson). - It is important to note that we will receive a pro rata share of income from the ongoing trial mining at Baul at zero cost, as well as advance payment for the management of projects in the first phase of work. "
http://pearlgiftjewelry.blogspot.ca/
Unolux Metallo Valenza SRL, the company that developed Lumineux Uno, a new era of metal, gave him the exclusive rights to the company's Leading Jewelers of the World (LJOW) India, said in a press release issued by it.
Lumineux Uno is an alloy of gold, platinum, palladium and silver, comprising 95.5% of the pure precious metals, which will be available in India in the form of ingots and coins.
Metal combines the durability and beauty of gold and platinum, and its price is only a fraction of their price. Lumineux Uno will have an authorized certification using X-ray carried out by a third party, according to a press release.
Lumineux Uno will be distributed through the company LJOW, India, which will be used for the purpose of its exclusive agents and distributors in 50 towns and cities of India.
Sandzhiv Agraval (Sanjeev Agrawal), Director LJOW, said: "In recent months the price of gold in India has made the biggest jump, increasing by more than US $ 200 per ounce due to the global investment demand after the election results in the United Kingdom for the withdrawal from the EU . While the investment community very pleased with this global phenomenon that makes gold and silver are the most popular asset in terms of income from investments, the Indian retail and consumers are experiencing some frustration, as prices for jewelry made of gold skyrocketed. Lumineux Uno is an innovation which promises to provide alternative precious metal with a high gloss. It is more attractive and more pliable and also much more affordable than gold and platinum, at the same time being more precious than silver. "
http://pearlsgift.blogspot.ca/
Lumineux Uno is an alloy of gold, platinum, palladium and silver, comprising 95.5% of the pure precious metals, which will be available in India in the form of ingots and coins.
Metal combines the durability and beauty of gold and platinum, and its price is only a fraction of their price. Lumineux Uno will have an authorized certification using X-ray carried out by a third party, according to a press release.
Lumineux Uno will be distributed through the company LJOW, India, which will be used for the purpose of its exclusive agents and distributors in 50 towns and cities of India.
Sandzhiv Agraval (Sanjeev Agrawal), Director LJOW, said: "In recent months the price of gold in India has made the biggest jump, increasing by more than US $ 200 per ounce due to the global investment demand after the election results in the United Kingdom for the withdrawal from the EU . While the investment community very pleased with this global phenomenon that makes gold and silver are the most popular asset in terms of income from investments, the Indian retail and consumers are experiencing some frustration, as prices for jewelry made of gold skyrocketed. Lumineux Uno is an innovation which promises to provide alternative precious metal with a high gloss. It is more attractive and more pliable and also much more affordable than gold and platinum, at the same time being more precious than silver. "
http://pearlsgift.blogspot.ca/
According to the corporation Anglo American, profits De Beers increased by 2% to $ 585 million during the first half of 2016 compared with $ 576 million a year earlier, having higher incomes due to the "strong" demand for rough diamonds, tight control over production costs and favorable exchange rates.
De Beers Total revenue increased by 8 percent to $ 3.3 billion, during the period compared to $ 3 billion a year earlier - mainly due to the increase of sales of rough diamonds, which rose by 11% to $ 3.1 billion.
The increase in rough diamond sales was due to the replenishment of inventories to falling in the middle segment of the diamond pipeline, combined with stable consumer demand in key markets.
Consolidated sales rose by 29 percent to 17.2 million carats in the first half of this year compared with 13.3 million carats recorded in the prior year.
"Sales of rough diamonds, as a rule, above [in the first half of the year] because of the tendency replenishment, - stated in a press release, De Beers, the Agency Rough & Polished. - This trend is likely to be more pronounced this year due to a strong first half and care experienced by the middle segment of the diamond pipeline. "
At the same time, as the Anglo American Corporation notes, De Beers diamond mining fell by 15%, to 13.3 million carats in the first half of 2016 compared to 15.6 million carats a year earlier, reflecting the company's decision to cut production in response to the prevailing trading conditions in the second half of 2015.
Of Debswana, a joint venture between De Beers and the Botswana government, registered a decline in production by 9% to 10.5 million carats, due to lower production at the mine Orapa (Orapa), while mine Damtshaa (Damtshaa) - adjacent to the production Orapa - was raised for maintenance from January 1, 2016.
In Namibia, the diamond mining company Namdeb Holdings also fell 17 percent to 700,000 carats, which was accompanied by a decrease in production in the company Debmarine Namibia as a result of the fact that the ship «Mafuta» runs a scheduled service time in the port, as well as due to the reduction of diamonds in the ore on land plants Namdeb.
De Beers Consolidated Mines South Africa recorded a 20 percent drop in production - up to 1.8 million carats - mainly in connection with the completion of the sale of the Kimberley mines in January last year.
In Canada, the diamond production decreased by 69%, to 300 000 carats, in connection with the transfer Snap Lake mine (Snap Lake) for maintenance in December 2015.
According to Anglo, the construction of the underground mine Venice (Venetia) in South Africa "successfully continued" shaft sinking and moved more than 1550 meters. Start of production at the mine is scheduled for 2022.
It is also expected that this year, De Beers is investing more than $ 100 million in the Forevermark brand, and the company hopes to repeat the generic marketing in order to increase consumer demand in key markets.
De Beers has also continued the implementation of industrial projects worth many billions of dollars on a plot of 8 Cut (Cut-8) mine Jwaneng (Jwaneng) in Botswana.
Gacho Quay (Gahcho Kué) $ 1 billion in Canada is said to be under construction is the largest diamond mine in the world and due to start production in the third quarter of this year, production of about 4.5 million carats of diamonds per year.
De Beers also increasingly investing in small-scale pilot projects to ensure that their commercial and economic viability.
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De Beers Total revenue increased by 8 percent to $ 3.3 billion, during the period compared to $ 3 billion a year earlier - mainly due to the increase of sales of rough diamonds, which rose by 11% to $ 3.1 billion.
The increase in rough diamond sales was due to the replenishment of inventories to falling in the middle segment of the diamond pipeline, combined with stable consumer demand in key markets.
Consolidated sales rose by 29 percent to 17.2 million carats in the first half of this year compared with 13.3 million carats recorded in the prior year.
"Sales of rough diamonds, as a rule, above [in the first half of the year] because of the tendency replenishment, - stated in a press release, De Beers, the Agency Rough & Polished. - This trend is likely to be more pronounced this year due to a strong first half and care experienced by the middle segment of the diamond pipeline. "
At the same time, as the Anglo American Corporation notes, De Beers diamond mining fell by 15%, to 13.3 million carats in the first half of 2016 compared to 15.6 million carats a year earlier, reflecting the company's decision to cut production in response to the prevailing trading conditions in the second half of 2015.
Of Debswana, a joint venture between De Beers and the Botswana government, registered a decline in production by 9% to 10.5 million carats, due to lower production at the mine Orapa (Orapa), while mine Damtshaa (Damtshaa) - adjacent to the production Orapa - was raised for maintenance from January 1, 2016.
In Namibia, the diamond mining company Namdeb Holdings also fell 17 percent to 700,000 carats, which was accompanied by a decrease in production in the company Debmarine Namibia as a result of the fact that the ship «Mafuta» runs a scheduled service time in the port, as well as due to the reduction of diamonds in the ore on land plants Namdeb.
De Beers Consolidated Mines South Africa recorded a 20 percent drop in production - up to 1.8 million carats - mainly in connection with the completion of the sale of the Kimberley mines in January last year.
In Canada, the diamond production decreased by 69%, to 300 000 carats, in connection with the transfer Snap Lake mine (Snap Lake) for maintenance in December 2015.
According to Anglo, the construction of the underground mine Venice (Venetia) in South Africa "successfully continued" shaft sinking and moved more than 1550 meters. Start of production at the mine is scheduled for 2022.
It is also expected that this year, De Beers is investing more than $ 100 million in the Forevermark brand, and the company hopes to repeat the generic marketing in order to increase consumer demand in key markets.
De Beers has also continued the implementation of industrial projects worth many billions of dollars on a plot of 8 Cut (Cut-8) mine Jwaneng (Jwaneng) in Botswana.
Gacho Quay (Gahcho Kué) $ 1 billion in Canada is said to be under construction is the largest diamond mine in the world and due to start production in the third quarter of this year, production of about 4.5 million carats of diamonds per year.
De Beers also increasingly investing in small-scale pilot projects to ensure that their commercial and economic viability.
http://royalpearljewelry.blogspot.ca/
Company Venus Jewel, a leading manufacturer and global supplier of diamonds, has initiated a project that demonstrates its technological capabilities at the International Indian jewelery fair (International India Jewellery show) in 2016 in Mumbai.
As the buyer to have confidence when buying diamonds from the company Venus Jewel on the Internet? This Rajesh Shah (Rajesh Shah), a partner Venus Jewel, says: "Confidence can only create maximum clarity. The more you are aware, the more you know about the details of what you buy, the greater the clarity of perception of purchase - which ultimately will strengthen your confidence. To encourage the confidence and trust of each potential buyer, it is important to first ensure maximum product information to customers, train them and, ultimately, provide an opportunity to take the decision to purchase. " It is for this purpose and the project Venus Online Challenge (abbreviated VOC) was conceived - "Online challenge Venus».
The challenge posed by the buyer, is a buyer, having considered the jewel in the Venus website ( www.venusjewel.com ) and get complete information about the stone was able to define a class of its purity. Take this challenge can earn an unexpected gift, take the time to go through all steps of the project VOC. The Company believes that the information on its web-site gives buyers the opportunity as well to consider the diamond as if they were holding it in their hands, and those who passed the test within the VOC project vouch that this is so.
Located in Mumbai, the company Venus Jewel is well known in the world as one of the most reliable manufacturers of gem-quality diamonds, releasing the stones round and fancy cut diamonds weighing 0.3 carats to 15 carats in the colors of the DM, having from flawless to I2 purity indicators.
Besides the fact that Venus Jewel is the first Indian manufacturer of diamonds, which became a certified member of the Council for Responsible Jewelry practice (Responsible Jewellery Council, RJC), the company also has a direct supply of rough diamonds from such world-renowned diamond companies like De Beers, Alrosa, Rio Tinto and Dominion Diamond Corporation.
http://bridalpearlnecklace.blogspot.ca/
As the buyer to have confidence when buying diamonds from the company Venus Jewel on the Internet? This Rajesh Shah (Rajesh Shah), a partner Venus Jewel, says: "Confidence can only create maximum clarity. The more you are aware, the more you know about the details of what you buy, the greater the clarity of perception of purchase - which ultimately will strengthen your confidence. To encourage the confidence and trust of each potential buyer, it is important to first ensure maximum product information to customers, train them and, ultimately, provide an opportunity to take the decision to purchase. " It is for this purpose and the project Venus Online Challenge (abbreviated VOC) was conceived - "Online challenge Venus».
The challenge posed by the buyer, is a buyer, having considered the jewel in the Venus website ( www.venusjewel.com ) and get complete information about the stone was able to define a class of its purity. Take this challenge can earn an unexpected gift, take the time to go through all steps of the project VOC. The Company believes that the information on its web-site gives buyers the opportunity as well to consider the diamond as if they were holding it in their hands, and those who passed the test within the VOC project vouch that this is so.
Located in Mumbai, the company Venus Jewel is well known in the world as one of the most reliable manufacturers of gem-quality diamonds, releasing the stones round and fancy cut diamonds weighing 0.3 carats to 15 carats in the colors of the DM, having from flawless to I2 purity indicators.
Besides the fact that Venus Jewel is the first Indian manufacturer of diamonds, which became a certified member of the Council for Responsible Jewelry practice (Responsible Jewellery Council, RJC), the company also has a direct supply of rough diamonds from such world-renowned diamond companies like De Beers, Alrosa, Rio Tinto and Dominion Diamond Corporation.
http://bridalpearlnecklace.blogspot.ca/
The company Research and Markets said that Botswana has the third at the end of 2014 largest diamond reserves in the world - 130 million carats, accounting for 17.8 percent of world reserves of diamonds.
According to the company, significant reserves of diamonds in the country are found in the central part of the country and in the Kgalagadi District.
Botswana's diamond industry is export-oriented, and for rough diamonds account for about 70 percent of the total export earnings of the country, which accounted for approximately $ 1.7 billion in the first six months of 2015, according to a report prepared by Research and Markets.
In addition to diamonds, Botswana has deposits of copper, nickel and silver. Mining plays an important role in the economy - in 2014 it accounted for 22.9 percent of GDP in Botswana.
http://traditionpearlnecklace.blogspot.ca/
According to the company, significant reserves of diamonds in the country are found in the central part of the country and in the Kgalagadi District.
Botswana's diamond industry is export-oriented, and for rough diamonds account for about 70 percent of the total export earnings of the country, which accounted for approximately $ 1.7 billion in the first six months of 2015, according to a report prepared by Research and Markets.
In addition to diamonds, Botswana has deposits of copper, nickel and silver. Mining plays an important role in the economy - in 2014 it accounted for 22.9 percent of GDP in Botswana.
http://traditionpearlnecklace.blogspot.ca/
The company Gem International Resources, which entered into a partnership with Global Gems company Diamond Project Dala (Dala) in Lunda diamond-rich Angolan province, completed the second tranche of the placement of its securities without the involvement of brokers and received 400,000 Canadian dollars from the sale of 8,000,000 shares the price of 5 cents per share.
Currently, the company completed a private placement of securities without the involvement of brokers by issuing a total of 24,120,000 shares for a total amount of 1.2 million Canadian dollars.
Proceeds of the offering will be used for exploration of diamonds in diamond project in Angola Dala. The project is located 25 kilometers south of the diamond mine Catoca (Catoca), the fourth largest in the world.
The project has the potential for immediate development of alluvial deposits and carrying out systematic research to the discovery of diamondiferous kimberlites.
Carried by operation include application 102 grids magnetic survey identified anomalies and air 29 required for exploration purposes.
A total of 11 drilling purposes and identified four kimberlite pipe was checked.
Work on the project stopped in 2009 due to the global economic crisis before the assessment was made of the diamond potential kimberlite pipes.
http://pearlgiftjewelry.blogspot.ca/
Currently, the company completed a private placement of securities without the involvement of brokers by issuing a total of 24,120,000 shares for a total amount of 1.2 million Canadian dollars.
Proceeds of the offering will be used for exploration of diamonds in diamond project in Angola Dala. The project is located 25 kilometers south of the diamond mine Catoca (Catoca), the fourth largest in the world.
The project has the potential for immediate development of alluvial deposits and carrying out systematic research to the discovery of diamondiferous kimberlites.
Carried by operation include application 102 grids magnetic survey identified anomalies and air 29 required for exploration purposes.
A total of 11 drilling purposes and identified four kimberlite pipe was checked.
Work on the project stopped in 2009 due to the global economic crisis before the assessment was made of the diamond potential kimberlite pipes.
http://pearlgiftjewelry.blogspot.ca/
De Beers and Mountain Province Diamonds announced that Gacho Quay (Gahcho Kué), diamond mine, located 280 km north-east of the city of Yellowknife in Canada, began production after commissioning its processing plant. Mine, as a joint venture between De Beers Canada Inc. (51%) and Mountain Province Diamonds Inc. (49%), should reach full production capacity in the first quarter of 2017.
"The first ore on Quay Gacho was produced March 23, 2016. In the input phase operation ore was loaded in the processing facility from a quarry Gacho Quay 20 June 2016 and 30 June of the same year first operational carat diamonds have been obtained. To date, in the course of mining operations has previously been opened by more than 20 million tonnes of waste rock at the stage of capital construction, which allowed to open a sufficient number of ore for the start of production ", - said in a press release, De Beers, on Wednesday.
Gacho Quay is the world's largest new diamond mine under construction. He is expected to produce an average of 4.5 million carats of diamonds per year over its lifetime.
Kim Truter (Kim Truter), CEO of De Beers Canada, said that Gacho Quay will have a significant impact on the diamond industry, "Gacho Quay will not only strengthen De Beers in Canada, but also to leave for Canada rank third the world's leading diamond producer in value. We are pleased to see that the project passed into the production phase, and must congratulate our team at the mine Gacho Quay, as well as to thank our partners from the local community for helping us in the creation of this world class mine. "
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"The first ore on Quay Gacho was produced March 23, 2016. In the input phase operation ore was loaded in the processing facility from a quarry Gacho Quay 20 June 2016 and 30 June of the same year first operational carat diamonds have been obtained. To date, in the course of mining operations has previously been opened by more than 20 million tonnes of waste rock at the stage of capital construction, which allowed to open a sufficient number of ore for the start of production ", - said in a press release, De Beers, on Wednesday.
Gacho Quay is the world's largest new diamond mine under construction. He is expected to produce an average of 4.5 million carats of diamonds per year over its lifetime.
Kim Truter (Kim Truter), CEO of De Beers Canada, said that Gacho Quay will have a significant impact on the diamond industry, "Gacho Quay will not only strengthen De Beers in Canada, but also to leave for Canada rank third the world's leading diamond producer in value. We are pleased to see that the project passed into the production phase, and must congratulate our team at the mine Gacho Quay, as well as to thank our partners from the local community for helping us in the creation of this world class mine. "
http://pearlsgift.blogspot.ca/
De Beers said that the diamond market volatility is the "new normal" and the company will work to ensure the efficient operation of the entire diamond pipeline, while continuing to support key areas - continuity of supply, stability in the middle and lower segments of demand.
This, according to Chief Executive Officer Bruce Cleaver, De Beers (Bruce Cleaver), «the only way to" save "success" of the company.
"Ahead of the diamond sector a great opportunity, and there is no time better than now to get started and use them," - said in his address.
Cleaver said that De Beers will deploy a national television campaign in the United States in the fourth quarter of this year to promote the jewelry collection «Ever Us» ( «Together Forever") with two diamonds.
"We also once again will provide our support generic marketing to help stimulate consumer demand, - he said. - I've said before that we need to persistently increase the demand, and we are in De Beers, of course, will play a role. "
According to Cleaver, De Beers company's financial results for the first half of 2016 were encouraging, given the problems in 2015.
Profit diamond giant rose 2 percent, to $ 585 million during the first half of 2016 from $ 576 million a year earlier as a result of higher revenues due to "stronger" in demand for rough diamonds, as well as thanks to tight control over operating costs and favorable exchange rate.
Consolidated revenues of De Beers rose 8 percent to $ 3.3 billion, during the period from $ 3 billion a year earlier, which was mainly due to increased sales of rough diamonds, which grew by 11 percent, to $ 3.1 . billion,
"This shows that thanks to the actions we have taken in the past year, it was possible to normalize trading conditions, - he said. - However, we will not rest on our laurels. "
http://royalpearljewelry.blogspot.ca/
This, according to Chief Executive Officer Bruce Cleaver, De Beers (Bruce Cleaver), «the only way to" save "success" of the company.
"Ahead of the diamond sector a great opportunity, and there is no time better than now to get started and use them," - said in his address.
Cleaver said that De Beers will deploy a national television campaign in the United States in the fourth quarter of this year to promote the jewelry collection «Ever Us» ( «Together Forever") with two diamonds.
"We also once again will provide our support generic marketing to help stimulate consumer demand, - he said. - I've said before that we need to persistently increase the demand, and we are in De Beers, of course, will play a role. "
According to Cleaver, De Beers company's financial results for the first half of 2016 were encouraging, given the problems in 2015.
Profit diamond giant rose 2 percent, to $ 585 million during the first half of 2016 from $ 576 million a year earlier as a result of higher revenues due to "stronger" in demand for rough diamonds, as well as thanks to tight control over operating costs and favorable exchange rate.
Consolidated revenues of De Beers rose 8 percent to $ 3.3 billion, during the period from $ 3 billion a year earlier, which was mainly due to increased sales of rough diamonds, which grew by 11 percent, to $ 3.1 . billion,
"This shows that thanks to the actions we have taken in the past year, it was possible to normalize trading conditions, - he said. - However, we will not rest on our laurels. "
http://royalpearljewelry.blogspot.ca/
Over the past six months the company Severalmaz, member of the Group ALROSA, processed nearly 2 million tons of ore and produced more than 900 thousand. Carats. Operating in the same region Archangelskgeoldobycha subsidiary LUKOIL processed over 2.2 million tonnes of ore, having more than 1.7 million carats. It is reported by the Government of the Arkhangelsk region, noting that in the first six months of the tax revenues from natural diamond mining in the region's budget exceeded 1.04 billion rubles.
Payers are the JSC "Archangelskgeoldobycha", they develop deposits. V. Grib in Mezen district and PJSC «Severalmaz", they develop deposits. M. V. Lomonosova in the Primorsky region. A few days ago, both companies have overcome a certain threshold: each of them since the development of the deposits mined 100 million cubic meters of rock mass.
Governor of Arkhangelsk region Igor Orlov in his Address to the Regional Assembly of Deputies stressed that thanks to the development of major projects for the development of diamond deposits in the mining sector in the region shows a steady growth. Volumes "diamond taxes" in the treasury of the region for the first half of the year and a half times higher than last year.
Minister of Natural Resources and Forestry Complex of Arkhangelsk Region Konstantin Doronin noted that tax revenues from the diamond industry are not only regional, but also to the local budgets.
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Payers are the JSC "Archangelskgeoldobycha", they develop deposits. V. Grib in Mezen district and PJSC «Severalmaz", they develop deposits. M. V. Lomonosova in the Primorsky region. A few days ago, both companies have overcome a certain threshold: each of them since the development of the deposits mined 100 million cubic meters of rock mass.
Governor of Arkhangelsk region Igor Orlov in his Address to the Regional Assembly of Deputies stressed that thanks to the development of major projects for the development of diamond deposits in the mining sector in the region shows a steady growth. Volumes "diamond taxes" in the treasury of the region for the first half of the year and a half times higher than last year.
Minister of Natural Resources and Forestry Complex of Arkhangelsk Region Konstantin Doronin noted that tax revenues from the diamond industry are not only regional, but also to the local budgets.
http://bridalpearlnecklace.blogspot.ca/
Gemfields reported that the production of emeralds and beryl belonging to her 75% of the mine Kagem (Kagem) in Zambia was reduced to 30 million carats (from 30.1 million carats a year ago) in the 12 months ended 30 June.
As the company during the reporting period, the average content of precious stones ore was 241 carats per tonne compared to 242 carats per tonne in the fiscal year ended June 30, 2015.
Production of rubies and corundum mine Montepuez (Montepuez) in Mozambique, owned by Gemfields, reached 10.3 million carats in the 12 months ended 30 June. This exceeded the forecast the company expects to receive 8 million carats.
As a result, Gemfields has registered an increase in volume of production "rubies higher quality" Carat 68 percent in 2016 fiscal year.
Sales of rubies and corundum in two auctions in December and June brought the company $ 73.1 million, while sales of emeralds and beryl brought $ 101.3 million during the four auctions held during the financial year.
"Demand for our products and how to continue to improve the presentation, prices are rising, while the costs to be contained, and the amount of work and the output is greatly increased", - said Chief Executive Officer Jan Gemfields Herbotl (Ian Harebottle).
Last month, the company has received funding of $ 65 million to increase production, including the planned production of 20 million carats of rough rubies in a mine Montepuez and more than 40 million carats of rough emeralds Kagem mine over the next three years.
"We expect to maintain the same pace in the next year", - said Herbotl.
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As the company during the reporting period, the average content of precious stones ore was 241 carats per tonne compared to 242 carats per tonne in the fiscal year ended June 30, 2015.
Production of rubies and corundum mine Montepuez (Montepuez) in Mozambique, owned by Gemfields, reached 10.3 million carats in the 12 months ended 30 June. This exceeded the forecast the company expects to receive 8 million carats.
As a result, Gemfields has registered an increase in volume of production "rubies higher quality" Carat 68 percent in 2016 fiscal year.
Sales of rubies and corundum in two auctions in December and June brought the company $ 73.1 million, while sales of emeralds and beryl brought $ 101.3 million during the four auctions held during the financial year.
"Demand for our products and how to continue to improve the presentation, prices are rising, while the costs to be contained, and the amount of work and the output is greatly increased", - said Chief Executive Officer Jan Gemfields Herbotl (Ian Harebottle).
Last month, the company has received funding of $ 65 million to increase production, including the planned production of 20 million carats of rough rubies in a mine Montepuez and more than 40 million carats of rough emeralds Kagem mine over the next three years.
"We expect to maintain the same pace in the next year", - said Herbotl.
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Toronto Stock Exchange (TSX) has approved its accession to the plan of the automatic securities purchase in order to facilitate the repurchase of its common shares under the Company generally issuer offers previously announced to repurchase up 6,150,010 ordinary shares to eliminate them in accordance with the rules and regulations of the Toronto stock Exchange and applicable US law on securities. All operations in the framework of automatic securities purchase plan will be made on the open market through the channels the Toronto Stock Exchange, New York Stock Exchange or alternative trading platforms in Canada or the United States and will be subject to limitations imposed by the rules and regulations of the Toronto Stock Exchange and applicable US laws securities.
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http://pearlgiftjewelry.blogspot.ca/
Peregrine Diamonds has completed the drilling of the core in order to obtain three kimberlites and two areas where exploration is conducted on the wholly owned project sikwane (Sikwane) near Kgatleng (Kgatleng) in the south-east of Botswana.
The company said in a statement that during the implementation of the drilling program was able to cross the kimberlites and receive their morphology.
Kimberlitic material collected for subsequent analysis for the presence of microdiamonds, while being checked by drilling two new kimberlite sites in sikwane region, said in a statement.
«Peregrine company's drilling program in sikwane effectively helped to understand the wrong hypabyssal intrusive morphology drilled kimberlites in the area and identified a significant contraction and expansion kimberlite cluster sikwane as a whole", - he said vice-president of the company German Gryutter (Herman Grütter).
"We bring together this new data in our models for exploration in three adjacent licenses that we have in the area sikwane in Botswana, after which the results will be used to search for new sites in the region", - he added.
License PL272 / 2015 of Peregrine exploration area covers 453 km2 sikwane and relates to nine kimberlites discovered by a percussion drilling and core drilling in limited by De Beers in 1997.
During this previous work diamonds were extracted from surface samples and samples from the wells in the area of kimberlite sikwane though about diamond concentration and size data are not available.
http://pearlsgift.blogspot.ca/
The company said in a statement that during the implementation of the drilling program was able to cross the kimberlites and receive their morphology.
Kimberlitic material collected for subsequent analysis for the presence of microdiamonds, while being checked by drilling two new kimberlite sites in sikwane region, said in a statement.
«Peregrine company's drilling program in sikwane effectively helped to understand the wrong hypabyssal intrusive morphology drilled kimberlites in the area and identified a significant contraction and expansion kimberlite cluster sikwane as a whole", - he said vice-president of the company German Gryutter (Herman Grütter).
"We bring together this new data in our models for exploration in three adjacent licenses that we have in the area sikwane in Botswana, after which the results will be used to search for new sites in the region", - he added.
License PL272 / 2015 of Peregrine exploration area covers 453 km2 sikwane and relates to nine kimberlites discovered by a percussion drilling and core drilling in limited by De Beers in 1997.
During this previous work diamonds were extracted from surface samples and samples from the wells in the area of kimberlite sikwane though about diamond concentration and size data are not available.
http://pearlsgift.blogspot.ca/
Lucapa Diamond has reached record levels in the mining of diamonds in Lulo diamond project (Lulo) in Angola.
The company released the report states that in July its 59 special-sized diamonds were produced, exceeding the number of special-sized diamonds (53), produced for all of the first six months of 2016.
Last month it was also produced 3164 carats, while the content in the ore was 15 carats per 100 cubic meters of ore.
CEO Lucapa Steven Vezeroll (Stephen Wetherall) said that the record production of diamonds and a record number of their content in the ore are the result of the fact that the company continues to invest in new earth moving equipment and modernization of the plant, and is concentrating on the production, ongoing at the site 8, provides a "high added value".
Lucapa reported that the end of June beginning of kimberlite area drilling program on the L259 and other priority kimberlites around alluvial areas 6 and 8, where the production is carried out.
According to the company, during the initial drilling in search of pyroclastic kimberlite was peresekanie sedimentary volcanoclastic kimberlite.
Lucapa also revealed that the party contained a 1985 carats, was sold for $ 1.8 million at an average price of $ 905 per carat.
A batch of 2440 carats produced during the July record production, including 50 diamonds of special sizes of the total weight of 1057 carats, will be sold this month, the company said.
http://royalpearljewelry.blogspot.ca/
The company released the report states that in July its 59 special-sized diamonds were produced, exceeding the number of special-sized diamonds (53), produced for all of the first six months of 2016.
Last month it was also produced 3164 carats, while the content in the ore was 15 carats per 100 cubic meters of ore.
CEO Lucapa Steven Vezeroll (Stephen Wetherall) said that the record production of diamonds and a record number of their content in the ore are the result of the fact that the company continues to invest in new earth moving equipment and modernization of the plant, and is concentrating on the production, ongoing at the site 8, provides a "high added value".
Lucapa reported that the end of June beginning of kimberlite area drilling program on the L259 and other priority kimberlites around alluvial areas 6 and 8, where the production is carried out.
According to the company, during the initial drilling in search of pyroclastic kimberlite was peresekanie sedimentary volcanoclastic kimberlite.
Lucapa also revealed that the party contained a 1985 carats, was sold for $ 1.8 million at an average price of $ 905 per carat.
A batch of 2440 carats produced during the July record production, including 50 diamonds of special sizes of the total weight of 1057 carats, will be sold this month, the company said.
http://royalpearljewelry.blogspot.ca/
De Beers and the Angolan state diamond company Endiama negotiate a contract for investment in mineral resources, said an official.
Chief, De Beers for relations with the media mass Lynette Gould (Lynette Gould) has informed agency Rough & Polished, that, according to De Beers Group is, Angola, one of the leading diamond manufacturers, is very promising.
"We continue to believe Angola very promising, and our talks with Endiama contracted to invest in natural resources continues, - she said. - In light of this, we keep a small office in Luanda. "
De Beers Group licenses for exploration work in the area of kimberlite cluster Mulepe-1 (Mulepe-1) have expired in 2012.
An extensive exploration program conducted on the concession Lund Northeast (Lunda NE) from 2005 to 2012, led to the discovery of 118 kimberlite pipes.
Of these, 75 were tested for diamonds in that led to the assessment of the resources and the conceptual study field Mulepe-1, as a result, it was concluded that a separate deposit located unprofitable.
http://bridalpearlnecklace.blogspot.ca/
Chief, De Beers for relations with the media mass Lynette Gould (Lynette Gould) has informed agency Rough & Polished, that, according to De Beers Group is, Angola, one of the leading diamond manufacturers, is very promising.
"We continue to believe Angola very promising, and our talks with Endiama contracted to invest in natural resources continues, - she said. - In light of this, we keep a small office in Luanda. "
De Beers Group licenses for exploration work in the area of kimberlite cluster Mulepe-1 (Mulepe-1) have expired in 2012.
An extensive exploration program conducted on the concession Lund Northeast (Lunda NE) from 2005 to 2012, led to the discovery of 118 kimberlite pipes.
Of these, 75 were tested for diamonds in that led to the assessment of the resources and the conceptual study field Mulepe-1, as a result, it was concluded that a separate deposit located unprofitable.
http://bridalpearlnecklace.blogspot.ca/
Thirty-third India International Jewelery Show (India International Jewellery Show, IIJS) , organized by the Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC), which began on August 4, will work on 8 August 2016 in Bombay exhibition center in Mumbai.
At the exhibition opening, which in the present Bryus Kliver (Bruce Cleaver) as the chief guest, Chief Executive Officer of De Beers Group, Pravinshankar Pandya (Praveenshankar Pandya), chairman of the GJEPC, said: "Each year we strive to raise IIJS brand to a higher level, and this year we have set ourselves new objectives. The exhibition IIJS 2016 we hope to increase the number of transactions by at least 15% in excess of that provided IIJS Exhibition 2015 ".
http://traditionpearlnecklace.blogspot.ca/
At the exhibition opening, which in the present Bryus Kliver (Bruce Cleaver) as the chief guest, Chief Executive Officer of De Beers Group, Pravinshankar Pandya (Praveenshankar Pandya), chairman of the GJEPC, said: "Each year we strive to raise IIJS brand to a higher level, and this year we have set ourselves new objectives. The exhibition IIJS 2016 we hope to increase the number of transactions by at least 15% in excess of that provided IIJS Exhibition 2015 ".
http://traditionpearlnecklace.blogspot.ca/
Social policy of the company, according to him further, a set of principles, rules, goals and methods of achieving them, the activities aimed at harmonizing the relationships between workers, employers and society. Social policy is part of the corporate strategy and implemented in partnership with the Inter-regional trade union of workers of "ALROSA" (PJSC) "Profalmaz", with public authorities and local authorities in the regions where we operate.
Social policy "ALROSA" is implemented in accordance with the Treaty of the Republic of Sakha socio-economic development (Yakutia) signed March 5, 2011 between the Company and the Government of the Republic of Sakha (Yakutia) is valid until December 31, 2020 As part of the Treaty provides for long-term cooperation between the parties through the Company's participation in the implementation of targeted programs and projects of socio-economic development of the Republic of Sakha (Yakutia), the interaction between the parties to mobilize the material and intellectual resources at.
"ALROSA" voluntarily assumes the obligations in the field of corporate social responsibility, which are additional to the current Russian legislation.
The company carries out social policies in the following areas:
• Creation of a safe working environment;
• protection of the health of workers and their families, support a healthy lifestyle;
• improving the living conditions of workers;
• private pension provision within the framework of the contract with the private pension funds (NPF) "Diamond Autumn";
• Support and development of social infrastructure of the Company;
• participation in socio-economic development of the regions of the Company's operations;
• charity and sponsorship;
• Improvement of "social package" for employees of the Company, ie, the system of socio-economic benefits and guarantees in the field of pay, hours of rest, training, provided by the Company in excess of the labor legislation in accordance with the Collective Agreement for the purpose of increasing productivity and retention of personnel in the Company;
• ensuring openness and transparency in the Company's operations, support and development of corporate and local media, promoting the best labor traditions of the first generations of miners.
http://pearlgiftjewelry.blogspot.ca/
Stornoway Diamond Corporation reported that its net income for the three months to June 30, 2016 was $ 5.8 million compared to a loss of $ 9.7 million for the three months to July 31, 2015. At the same time, the company continued stable development of Renard Diamond Project (Renard).
Stornoway reported that the increase in financial indicators in the last quarter, mainly due to the increase in value of the securities of the company due to the change of their current market value, and because of currency fluctuations.
Meanwhile, Renard project development proceeded according to plan and budget. Its readiness at the end of the second quarter was 97.4% vs. 95.2% scheduled.
Recycling breed at Renard began July 15, 2016, and the volume of tailings amounted to 859,498 tons.
"Construction work on the Renard is now largely completed, and we have begun to increase volumes processed at the plant. All this has been achieved within the planned schedule and budget. The transfer of authority from the construction team to the permanent staff of mine runs smoothly, and our mining operations are developing satisfactory pace. We did not encounter more with localized stormwater that hindered the progress of the underground mine at the beginning of the year. We are going to organize our first sale of rough diamonds to be floating ing on the progress of mining operations over the next few months ", - said President and CEO Mett Menson Stornoway (Matt Manson).
http://royalpearljewelry.blogspot.ca/
Stornoway reported that the increase in financial indicators in the last quarter, mainly due to the increase in value of the securities of the company due to the change of their current market value, and because of currency fluctuations.
Meanwhile, Renard project development proceeded according to plan and budget. Its readiness at the end of the second quarter was 97.4% vs. 95.2% scheduled.
Recycling breed at Renard began July 15, 2016, and the volume of tailings amounted to 859,498 tons.
"Construction work on the Renard is now largely completed, and we have begun to increase volumes processed at the plant. All this has been achieved within the planned schedule and budget. The transfer of authority from the construction team to the permanent staff of mine runs smoothly, and our mining operations are developing satisfactory pace. We did not encounter more with localized stormwater that hindered the progress of the underground mine at the beginning of the year. We are going to organize our first sale of rough diamonds to be floating ing on the progress of mining operations over the next few months ", - said President and CEO Mett Menson Stornoway (Matt Manson).
http://royalpearljewelry.blogspot.ca/
Gemological Laboratory of the International Institute of Classification and diamond research (International Institute of Diamond Grading and Research , IIDGR), owned by De Beers, has signed a partnership agreement with the British National Jewelers Association (National Association of Jewellers, NAJ) , under which it will offer to members of the organization preferences in their laboratories on the territory of the United Kingdom.
"By working with organizations such as the NAJ, IIDGR laboratory hopes to bring stability, accuracy and increased safety in the diamond sector," - said the president IIDGR Jonathan Kendall (Jonathan Kendall).
"The certification of diamonds is extremely important to ensure consumer confidence, and therefore the proposal is a great addition to the NAJ", - he added.
By partnering with IIDGR NAJ members can receive certification of diamonds first-class service at the best price ", - said Maykl Roulinson, director general of the association.
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"By working with organizations such as the NAJ, IIDGR laboratory hopes to bring stability, accuracy and increased safety in the diamond sector," - said the president IIDGR Jonathan Kendall (Jonathan Kendall).
"The certification of diamonds is extremely important to ensure consumer confidence, and therefore the proposal is a great addition to the NAJ", - he added.
By partnering with IIDGR NAJ members can receive certification of diamonds first-class service at the best price ", - said Maykl Roulinson, director general of the association.
http://pearlsgift.blogspot.ca/
The Supervisory Board of joint stock company "ALROSA" (PJSC), the largest in the world in terms of diamond production, headed by the Minister of Finance of the Russian Federation Anton Siluanov.
June 30, 2016 General Meeting of Shareholders of JSC "ALROSA" (PAO) elected new members of the Supervisory Board of the Company. 5 August held a vote on the Chair of the Supervisory Board, First Deputy Chairman of the Supervisory Board and Deputy Chairman of the Supervisory Board.
According to the results of voting, the Chairman of the Supervisory Board of ALROSA elected Minister of Finance of the Russian Federation Anton Siluanov.
First Deputy Chairman of the Supervisory Board re-elected Head of the Republic of Sakha (Yakutia) Egor Borisov, Vice-Chairman of the Supervisory Board kept the Minister of the Russian Federation on the development of the Far East Alexander Galushka.
http://bridalpearlnecklace.blogspot.ca/
June 30, 2016 General Meeting of Shareholders of JSC "ALROSA" (PAO) elected new members of the Supervisory Board of the Company. 5 August held a vote on the Chair of the Supervisory Board, First Deputy Chairman of the Supervisory Board and Deputy Chairman of the Supervisory Board.
According to the results of voting, the Chairman of the Supervisory Board of ALROSA elected Minister of Finance of the Russian Federation Anton Siluanov.
First Deputy Chairman of the Supervisory Board re-elected Head of the Republic of Sakha (Yakutia) Egor Borisov, Vice-Chairman of the Supervisory Board kept the Minister of the Russian Federation on the development of the Far East Alexander Galushka.
http://bridalpearlnecklace.blogspot.ca/
In June, the company Angola Polishing Diamonds exported 4,462 carats of diamonds in the United Arab Emirates, earning $ 3.1 million.
Edition Macau Daily Post leads the Ministry of Mines of the country, which stated that the diamonds were sold at an average price of $ 694.5 per carat.
During the reporting period, Angola has also produced 753,000 carats worth $ 75.35 million compared to the 736,700 carats produced in May for a total of $ 74.9 million.
The average price of diamonds amounted to $ 100 per carat. Diamonds have been mined in eight of the twelve existing mines Angolan mines.
Production growth was driven by a slight increase in its mine Catoca (Catoca), at 0.82%. That the majority of Angolan diamonds extracted from this mine.
According to the report, the mine Catoca (Catoca) 620 500 carats of diamonds were produced in June.
Macau Daily also reported that diamond companies in Angola had paid $ 5.6 million of industrial taxes and royalties in the reporting period.
http://pearlgiftjewelry.blogspot.ca/
Edition Macau Daily Post leads the Ministry of Mines of the country, which stated that the diamonds were sold at an average price of $ 694.5 per carat.
During the reporting period, Angola has also produced 753,000 carats worth $ 75.35 million compared to the 736,700 carats produced in May for a total of $ 74.9 million.
The average price of diamonds amounted to $ 100 per carat. Diamonds have been mined in eight of the twelve existing mines Angolan mines.
Production growth was driven by a slight increase in its mine Catoca (Catoca), at 0.82%. That the majority of Angolan diamonds extracted from this mine.
According to the report, the mine Catoca (Catoca) 620 500 carats of diamonds were produced in June.
Macau Daily also reported that diamond companies in Angola had paid $ 5.6 million of industrial taxes and royalties in the reporting period.
http://pearlgiftjewelry.blogspot.ca/
Lucara Diamond reported that its revenue in the first half of this year rose to $ 191.4 million, or $ 1233 per carat compared with $ 67.8 million, or $ 340 per carat a year earlier.
Revenue growth as noted in the company, was due to the sale of 813-carat diamond "Constellation" (Constellation) for $ 63.1 million. The average price per carat of the stones was $ 77 649. In addition, the tender exceptional diamonds was held, which brought the company $ 51 3 million, or $ 33,632 per carat.
In the second quarter Lucara received proceeds of $ 140.8 million, realizing diamonds at $ 1824 per carat. After the end of the second quarter the company managed to obtain $ 8.3 million.
"The serial production and sale of high quality stones Lucara demonstrates the generation of high volumes of cash from the mine cars (Karowe), which allowed the company to achieve a significant cash balance at the end of June", - said the executive Director Lucara Uilyam Lemb (William Lamb).
The net cash position at the end of June amounted to $ 210.8 million.
Lucara also announced the payment of a special dividend of 0.45 Canadian dollars per share in addition to a quarterly dividend of 0,015 Canadian dollars, and the total amount paid on September 15, 2016 should make 177.5 million Canadian dollars.
"We remain focused on advancing our growth opportunities, continuing our dividend policy to shareholders while enhancing the value of the company", - says Lamb.
However, in Lucara reported that extraction diamond mine in Botswana cars will remain high, and in the first half 340 of stones special sizes were produced for the shaft (10.8 carats) and 12 stones weighing over 100 carats.
The company maintained a forecast on the volume of processing rock at the mine in the 2.2 - 2.4 million tons per year. This will allow in 2016 to receive more than 350 000 carats of diamonds.
http://traditionpearlnecklace.blogspot.ca/
Revenue growth as noted in the company, was due to the sale of 813-carat diamond "Constellation" (Constellation) for $ 63.1 million. The average price per carat of the stones was $ 77 649. In addition, the tender exceptional diamonds was held, which brought the company $ 51 3 million, or $ 33,632 per carat.
In the second quarter Lucara received proceeds of $ 140.8 million, realizing diamonds at $ 1824 per carat. After the end of the second quarter the company managed to obtain $ 8.3 million.
"The serial production and sale of high quality stones Lucara demonstrates the generation of high volumes of cash from the mine cars (Karowe), which allowed the company to achieve a significant cash balance at the end of June", - said the executive Director Lucara Uilyam Lemb (William Lamb).
The net cash position at the end of June amounted to $ 210.8 million.
Lucara also announced the payment of a special dividend of 0.45 Canadian dollars per share in addition to a quarterly dividend of 0,015 Canadian dollars, and the total amount paid on September 15, 2016 should make 177.5 million Canadian dollars.
"We remain focused on advancing our growth opportunities, continuing our dividend policy to shareholders while enhancing the value of the company", - says Lamb.
However, in Lucara reported that extraction diamond mine in Botswana cars will remain high, and in the first half 340 of stones special sizes were produced for the shaft (10.8 carats) and 12 stones weighing over 100 carats.
The company maintained a forecast on the volume of processing rock at the mine in the 2.2 - 2.4 million tons per year. This will allow in 2016 to receive more than 350 000 carats of diamonds.
http://traditionpearlnecklace.blogspot.ca/
India International Jewelery Show (India International Jewellery Show, IIJS) , organized by the Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC), was completed on August 8 on the positive note.
Participants expressed satisfaction with the participation of a large number of professional buyers to the show. Some of them expressed their jubilation over the set of retailers and wholesalers, who came to the show from all over the country. From the point of view of serious business inquiries, create business relationships and establishing new customer contacts all participants and guests expressed their satisfaction.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "We have seen a large number of participants from the first day of the exhibition More than 1,500 foreign visitors were registered and more than 15 foreign delegations arrived on the show as a whole the trend is positive exact number of visitors will be known in the next few days..." .
Describing the results show how exceptionally good, Sabyasachi Ray (Sabyasachi Ray), executive director of the GJEPC, said: "The last few months have not been good for the industry of gems and jewelry in India, but IIJS proven otherwise exhibitors were satisfied with how the sellers of diamonds. and stands jewelery manufacturers. Companies presented a simple gold jewelry, got superior orders. IIJS has proven once again that it is the industrial show, which brings business in the industry. "
For the Indian sector of precious stones and jewelry, which is going through difficult times, success IIJS 2016 gave impetus to look to the future with greater confidence. From the first to the last day there was a steady stream of visitors at the exhibition, although foreign guests were present in fewer. However, the Indian participants were present in large numbers. Retailers, who over the past few months have not been able to stock up sinks due to the negative sentiment in the market, got on the IIJS 2016 an opportunity to increase stocks of raw materials for the upcoming season of festivals and weddings in India.
http://royalpearljewelry.blogspot.ca/
Participants expressed satisfaction with the participation of a large number of professional buyers to the show. Some of them expressed their jubilation over the set of retailers and wholesalers, who came to the show from all over the country. From the point of view of serious business inquiries, create business relationships and establishing new customer contacts all participants and guests expressed their satisfaction.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "We have seen a large number of participants from the first day of the exhibition More than 1,500 foreign visitors were registered and more than 15 foreign delegations arrived on the show as a whole the trend is positive exact number of visitors will be known in the next few days..." .
Describing the results show how exceptionally good, Sabyasachi Ray (Sabyasachi Ray), executive director of the GJEPC, said: "The last few months have not been good for the industry of gems and jewelry in India, but IIJS proven otherwise exhibitors were satisfied with how the sellers of diamonds. and stands jewelery manufacturers. Companies presented a simple gold jewelry, got superior orders. IIJS has proven once again that it is the industrial show, which brings business in the industry. "
For the Indian sector of precious stones and jewelry, which is going through difficult times, success IIJS 2016 gave impetus to look to the future with greater confidence. From the first to the last day there was a steady stream of visitors at the exhibition, although foreign guests were present in fewer. However, the Indian participants were present in large numbers. Retailers, who over the past few months have not been able to stock up sinks due to the negative sentiment in the market, got on the IIJS 2016 an opportunity to increase stocks of raw materials for the upcoming season of festivals and weddings in India.
http://royalpearljewelry.blogspot.ca/
In TransHex noted that a consortium of companies and Cream Magenta Metcap 14 Proprietary together received 47.08 percent stake in diamond miner junior.
As noted in TransHex statement, the consortium, in which, besides the above-mentioned companies is included and RAC Investment, already owns a 25 percent share of the diamond company. At the same time, he made a mandatory offer to buy shares TransHex for its share capital in full, rather than to get ordinary shares, which owned providers.
"Together we will eventually be able to ensure the growth of value added TransHex", - said the director of RAC Piet Viljoen (Piet Viljoen), as quoted by Bloomberg.
"Perhaps it will take some amount of capital, but the TransHex now have strong shareholders, who have the necessary funds", - he added.
TransHex owned diamond mining operations in South Africa and Angola.
From January to March 2016 diamond sales from operations in South Africa fell by 28.6% compared to the same period last year, to 671.4 million rand ($ 49 million).
http://pearlsgift.blogspot.ca/
As noted in TransHex statement, the consortium, in which, besides the above-mentioned companies is included and RAC Investment, already owns a 25 percent share of the diamond company. At the same time, he made a mandatory offer to buy shares TransHex for its share capital in full, rather than to get ordinary shares, which owned providers.
"Together we will eventually be able to ensure the growth of value added TransHex", - said the director of RAC Piet Viljoen (Piet Viljoen), as quoted by Bloomberg.
"Perhaps it will take some amount of capital, but the TransHex now have strong shareholders, who have the necessary funds", - he added.
TransHex owned diamond mining operations in South Africa and Angola.
From January to March 2016 diamond sales from operations in South Africa fell by 28.6% compared to the same period last year, to 671.4 million rand ($ 49 million).
http://pearlsgift.blogspot.ca/
In the United States in June, revenues from jewelry sales and earnings in retail stores increased by 3.5% compared with the same month in 2016, reaching about $ 5.64 billion, according to the National Bureau of Economic Analysis data.
In accordance with the revised data in May sectoral sales growth was 5.5% in April - 4.4%.
According to Rapaport News, jewelry sales rose 3.5% to $ 4.98 billion in June, while sales hours at the same percentage of growth -. To $ 660 million
in total for the first half of the sales of jewelry and watches in the US increased by 3 , 9% to $ 34.35 billion Thus the profit of jewelry with a similar percentage increase of $ 30,340,000, by the hour -.. $ 4,020,000
The separate track sales in the segment of specialized jewelry stores volumes increased by 2% per cent to $ 2, 79 billion, the US census Bureau data show. In this case, the consumer price index for jewelry in May jumped by 7% year on year.
http://bridalpearlnecklace.blogspot.ca/
In accordance with the revised data in May sectoral sales growth was 5.5% in April - 4.4%.
According to Rapaport News, jewelry sales rose 3.5% to $ 4.98 billion in June, while sales hours at the same percentage of growth -. To $ 660 million
in total for the first half of the sales of jewelry and watches in the US increased by 3 , 9% to $ 34.35 billion Thus the profit of jewelry with a similar percentage increase of $ 30,340,000, by the hour -.. $ 4,020,000
The separate track sales in the segment of specialized jewelry stores volumes increased by 2% per cent to $ 2, 79 billion, the US census Bureau data show. In this case, the consumer price index for jewelry in May jumped by 7% year on year.
http://bridalpearlnecklace.blogspot.ca/
Pravinshankar Pandya said: "The annual charity dinner" Jewelers for hope "demonstrates the humane aspects of the industry of precious stones and jewelry, which makes a significant contribution to the development of the country in terms of human capital and main economic indicators The annual charity dinner means a commitment GJEPC improve the welfare of all. walks of life. "
De Beers is committed to ensuring that diamonds bring economic prosperity and a sustainable quality of life and well-being of each person comes to this industry. Thus, much of what we have achieved in this area was achieved through joint initiatives, and we are pleased to see that our partners share our ideals. In addition, they develop their own initiatives in this area, helping to increase the efficiency of the entire diamond industry in this direction ", - said Bryus Kliver.
" The De Beers we call it "infinite development" (Building Forever), because we believe that diamonds can catalyze the constant and sustained positive changes in the world, "- said CEO of De Beers Group.
a total of 33 of the leading jewelry manufacturers and more than 260 leading Indian retailers present at the gala dinner of showed to its support of charitable initiatives. In addition, they had a number of business meetings.
http://pearlgiftjewelry.blogspot.ca/
De Beers is committed to ensuring that diamonds bring economic prosperity and a sustainable quality of life and well-being of each person comes to this industry. Thus, much of what we have achieved in this area was achieved through joint initiatives, and we are pleased to see that our partners share our ideals. In addition, they develop their own initiatives in this area, helping to increase the efficiency of the entire diamond industry in this direction ", - said Bryus Kliver.
" The De Beers we call it "infinite development" (Building Forever), because we believe that diamonds can catalyze the constant and sustained positive changes in the world, "- said CEO of De Beers Group.
a total of 33 of the leading jewelry manufacturers and more than 260 leading Indian retailers present at the gala dinner of showed to its support of charitable initiatives. In addition, they had a number of business meetings.
http://pearlgiftjewelry.blogspot.ca/
To mark its 50th golden anniversary, Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) of India held a charity dinner "Jewelers for hope" (Jewellers for Hope) in collaboration with De Beers company. The event has become one of the Council's initiatives in corporate social responsibility.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya), CEO of De Beers Group Bryus Kliver (Bruce Cleaver) and deputy chairman of GJEPC Russell Mehta (Russell Mehta) met with a number of jewelers, celebrities and important members of the industry as part of an official dinner. GJEPC and De Beers was able to collect a significant amount of $ 0.15 million in support of the two non-governmental organizations (NGOs) - Swades Foundation, dedicated to the protection of the rights of the rural population, and the Friends of Tribal Society, which supports the welfare of tribal communities.
http://traditionpearlnecklace.blogspot.ca/
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya), CEO of De Beers Group Bryus Kliver (Bruce Cleaver) and deputy chairman of GJEPC Russell Mehta (Russell Mehta) met with a number of jewelers, celebrities and important members of the industry as part of an official dinner. GJEPC and De Beers was able to collect a significant amount of $ 0.15 million in support of the two non-governmental organizations (NGOs) - Swades Foundation, dedicated to the protection of the rights of the rural population, and the Friends of Tribal Society, which supports the welfare of tribal communities.
http://traditionpearlnecklace.blogspot.ca/
The World Diamond Council (World Diamond Council, WDC) will hold its next general meeting in New York on 7 - 9 September, Rapaport reports portal.
Among the issues to be dealt with in the framework of the meeting - the current agenda of the Kimberley Process (KP) and the introduction of the first to WDC Strategic Plan. Delegates will also discuss a new communication platform scheduled the WDC, which is expected to make the main representative of the Council of the diamond industry to meet the challenges KP and conflict diamonds.
The meeting will also be devoted to the discussion of the annual plenary meeting of the KP, which will be held in Dubai at the end of this year.
WDC meeting will be held the newly created United States Jewelry Council (United States Jewelry Council, USJC) , which is common views and actions jewelry trade associations of the country for the responsible and sustainable development.
Session at the annual meeting of the WDC will begin on September 7 in the first two meetings of the Board of Directors. Maurice Tempelsman (Maurice Tempelsman), chairman of Lazare Kaplan International Board of Directors, will read out the keynote address on September 8 with the participation of senior representatives of the diamond industry and the government.
http://royalpearljewelry.blogspot.ca/
Among the issues to be dealt with in the framework of the meeting - the current agenda of the Kimberley Process (KP) and the introduction of the first to WDC Strategic Plan. Delegates will also discuss a new communication platform scheduled the WDC, which is expected to make the main representative of the Council of the diamond industry to meet the challenges KP and conflict diamonds.
The meeting will also be devoted to the discussion of the annual plenary meeting of the KP, which will be held in Dubai at the end of this year.
WDC meeting will be held the newly created United States Jewelry Council (United States Jewelry Council, USJC) , which is common views and actions jewelry trade associations of the country for the responsible and sustainable development.
Session at the annual meeting of the WDC will begin on September 7 in the first two meetings of the Board of Directors. Maurice Tempelsman (Maurice Tempelsman), chairman of Lazare Kaplan International Board of Directors, will read out the keynote address on September 8 with the participation of senior representatives of the diamond industry and the government.
http://royalpearljewelry.blogspot.ca/
Dominion Diamond Corporation reported that former chairman Robert Gannicott board of directors (Robert A. Gannicott) died on August 3 at the age of 69 years.
Gannicott was the director of the company since its inception in 1992, he was chairman of the board of Dominion from June 2004 to April 2016 and served as executive director from September 1999 to July 2015.
"It is a sad day for the Dominion, - said Brendan Bell (Brendan Bell), CEO of Dominion -. Bob Gannicott was a visionary and a mainstay of the Canadian diamond industry he built a company from scratch, having passed her way from the diamond mining company, junior to that. than it is today - the largest independent producer of diamonds in Canada. "
"Bob was an exceptional leader and a good friend and mentor, He will be greatly missed by all who had the good fortune to work with him and to know him." - concluded Bell.
Gannicott headed the Dominion Throughout its development - from the opening and the creation of Diamonds Diavik project in 1994 and 1995. In addition, during his leadership Dominion acquired jewelry manufacturer with Harry Winston diamonds.
http://pearlsgift.blogspot.ca/
Gannicott was the director of the company since its inception in 1992, he was chairman of the board of Dominion from June 2004 to April 2016 and served as executive director from September 1999 to July 2015.
"It is a sad day for the Dominion, - said Brendan Bell (Brendan Bell), CEO of Dominion -. Bob Gannicott was a visionary and a mainstay of the Canadian diamond industry he built a company from scratch, having passed her way from the diamond mining company, junior to that. than it is today - the largest independent producer of diamonds in Canada. "
"Bob was an exceptional leader and a good friend and mentor, He will be greatly missed by all who had the good fortune to work with him and to know him." - concluded Bell.
Gannicott headed the Dominion Throughout its development - from the opening and the creation of Diamonds Diavik project in 1994 and 1995. In addition, during his leadership Dominion acquired jewelry manufacturer with Harry Winston diamonds.
http://pearlsgift.blogspot.ca/
Company Malabar Gold & Diamonds ramping up production capacity for jewelry in Qatar, using for that purpose their jewelry factory "Al-Nazha» ( "Al Nazha"), located in the district of Ain Khaled in Doha. The factory operating in 2013, will be renovated and equipped with modern facilities to meet the requirements for gold jewelry in Qatar.
The factory, which initially employed 15 employees and which produced only 360 kg of jewelry, today reached a production capacity of 960 kg, and it employs about 40 employees.
"Al-Nazha" - fourth company, open company Malabar Gold & Diamonds in the Gulf region, and the eleventh largest in the world account. The factory occupies an area of about 2000 square meters. ft. Now, its area will be expanded by another 1 100 sq. feet in the course of increasing its production capacity.
http://bridalpearlnecklace.blogspot.ca/
The factory, which initially employed 15 employees and which produced only 360 kg of jewelry, today reached a production capacity of 960 kg, and it employs about 40 employees.
"Al-Nazha" - fourth company, open company Malabar Gold & Diamonds in the Gulf region, and the eleventh largest in the world account. The factory occupies an area of about 2000 square meters. ft. Now, its area will be expanded by another 1 100 sq. feet in the course of increasing its production capacity.
http://bridalpearlnecklace.blogspot.ca/
Forevermark, jewelery brand De Beers, and Vermont company Devotion Diamonds created a new brand of wedding and fashion jewelry. It is expected that a new brand of the main clients will be representatives of "two thousandth generation."
Devotion creates a limited series of wedding rings. The new co-brand will introduce a new patented facet designed diamantaires Forevermark.
"We are proud that we were able to conclude a partnership with Forevermark for such an ambitious program," - said the president and CEO of Perry B. Devotion Diamonds controversial (Perry B. Sporn). "Jewelers should represent the true story of a luxury to have their products different from any existing products in today's market. It is expected that the brand" Devotion with Forevermark "change the diamond's vision for" millenialov ", presenting a true American luxury brand, focused on the highest level of quality, responsible origin raw materials and branding - from "chalk" to the central metal and stone. "
"Every piece of jewelery in the collection of unique and exclusive diamonds Forevermark used to it This gives consumers confidence that the stones obtained from mines that meet the highest standards in business, society and the environment.", - said the president of Forevermark US Charlz Stenli (Charles Stanley).
http://pearlgiftjewelry.blogspot.ca/
Devotion creates a limited series of wedding rings. The new co-brand will introduce a new patented facet designed diamantaires Forevermark.
"We are proud that we were able to conclude a partnership with Forevermark for such an ambitious program," - said the president and CEO of Perry B. Devotion Diamonds controversial (Perry B. Sporn). "Jewelers should represent the true story of a luxury to have their products different from any existing products in today's market. It is expected that the brand" Devotion with Forevermark "change the diamond's vision for" millenialov ", presenting a true American luxury brand, focused on the highest level of quality, responsible origin raw materials and branding - from "chalk" to the central metal and stone. "
"Every piece of jewelery in the collection of unique and exclusive diamonds Forevermark used to it This gives consumers confidence that the stones obtained from mines that meet the highest standards in business, society and the environment.", - said the president of Forevermark US Charlz Stenli (Charles Stanley).
http://pearlgiftjewelry.blogspot.ca/
According to the World Gold Council (WGC), gold demand in India will grow in the second half of 2016. Favorable monsoon rains will stimulate demand in rural areas during the peak holiday season.
Demand for gold in the country fell to its lowest level in seven years in the first half of 2016. Two-thirds of the demand in India, the second-largest gold consumer, fall to the villagers, where jewelry is considered to be the traditional way of investment. Gold consumption is expected to increase as farmers will be supported on the back of strong monsoon this year. This factor is likely to support the international price of gold, which are close to the highest level since March 2014. "We expect that demand for gold will be back to normal values during weddings and festivals close to the Indian holiday of Diwali He will be supported by the strong monsoon, which have a positive impact on demand in rural areas." - said PR Somasundaram (PR Somasundaram), WGC managing director of the Indian unit.
In recent quarters the demand for gold in the rural areas of India after the first drought in three decades which reduced the profits of farmers has decreased. It is expected that during the monsoon from June to September in India will be observed enhanced showers.
For the quarter ending in December, as a rule, account for about a third of gold sales in India, as it includes the beginning of the wedding season and Danteras and Diwali festivals. During these periods, buying gold is considered auspicious.
Somasundaram predicts that in the second half of the year demand for gold will increase to 503 - 603 tons despite a 26 percent rally in prices for the metal in the country. In the quarter ended in June, jewelery demand in India fell by 20% compared with the year-ago levels, while investment demand fell 12%. Consequently, the demand forecast WGC lowered to 2016 to 750 - 850 tons, against the previous estimate of 850 - 950 tons.
http://traditionpearlnecklace.blogspot.ca/
Demand for gold in the country fell to its lowest level in seven years in the first half of 2016. Two-thirds of the demand in India, the second-largest gold consumer, fall to the villagers, where jewelry is considered to be the traditional way of investment. Gold consumption is expected to increase as farmers will be supported on the back of strong monsoon this year. This factor is likely to support the international price of gold, which are close to the highest level since March 2014. "We expect that demand for gold will be back to normal values during weddings and festivals close to the Indian holiday of Diwali He will be supported by the strong monsoon, which have a positive impact on demand in rural areas." - said PR Somasundaram (PR Somasundaram), WGC managing director of the Indian unit.
In recent quarters the demand for gold in the rural areas of India after the first drought in three decades which reduced the profits of farmers has decreased. It is expected that during the monsoon from June to September in India will be observed enhanced showers.
For the quarter ending in December, as a rule, account for about a third of gold sales in India, as it includes the beginning of the wedding season and Danteras and Diwali festivals. During these periods, buying gold is considered auspicious.
Somasundaram predicts that in the second half of the year demand for gold will increase to 503 - 603 tons despite a 26 percent rally in prices for the metal in the country. In the quarter ended in June, jewelery demand in India fell by 20% compared with the year-ago levels, while investment demand fell 12%. Consequently, the demand forecast WGC lowered to 2016 to 750 - 850 tons, against the previous estimate of 850 - 950 tons.
http://traditionpearlnecklace.blogspot.ca/
Diamond miner DiamondCorp reported that the production of rock on the first block of the mountain at a depth of 310 m in the Lace mine (Lace) in South Africa has been revived in the previous target amount, which is 30 000 tonnes per month.
In July, production from the diamond project was temporarily stopped after the incident with the collapse of the breed in the development at the level of 310 m.
In the framework of the processing of kimberlite from the beginning of this month succeeded index diamond content in the rock in 31 carats per hundred tonnes, which corresponds to the baseline forecast for the first mountain unit.
As noted in DiamondCorp, from March to July at a depth of 290 - 310 m in the western part of the production was recovered 25,103 tonnes of kimberlite and provide open space for blasting needed for further production.
About 40% of the rock, resulting in the framework data action, has low diamond content, but it was necessary to develop prior to the extraction of ore at a higher diamond content block.
In total, the formulation of this portion could produce 4601 carats.
However, in DiamondCorp noted that mined diamonds will be exported to Antwerp for sale to the end of August.
It is expected that the total amount of the upcoming tender will be about 7000 carats, slightly below the predicted value.
This decrease was due to the sale of diamonds party within the export process. Stones weighing 1838 carats mined in the mine itself, and diamonds weighing 1,679 carats produced after processing tailings, were sold in Johannesburg. In addition, in July mining operations have been temporarily suspended.
It is expected that in the following tenders DiamondCorp be able to implement by 9000 - 12 000 carats of diamonds, depending on the average monthly content of diamond in the rock.
http://royalpearljewelry.blogspot.ca/
In July, production from the diamond project was temporarily stopped after the incident with the collapse of the breed in the development at the level of 310 m.
In the framework of the processing of kimberlite from the beginning of this month succeeded index diamond content in the rock in 31 carats per hundred tonnes, which corresponds to the baseline forecast for the first mountain unit.
As noted in DiamondCorp, from March to July at a depth of 290 - 310 m in the western part of the production was recovered 25,103 tonnes of kimberlite and provide open space for blasting needed for further production.
About 40% of the rock, resulting in the framework data action, has low diamond content, but it was necessary to develop prior to the extraction of ore at a higher diamond content block.
In total, the formulation of this portion could produce 4601 carats.
However, in DiamondCorp noted that mined diamonds will be exported to Antwerp for sale to the end of August.
It is expected that the total amount of the upcoming tender will be about 7000 carats, slightly below the predicted value.
This decrease was due to the sale of diamonds party within the export process. Stones weighing 1838 carats mined in the mine itself, and diamonds weighing 1,679 carats produced after processing tailings, were sold in Johannesburg. In addition, in July mining operations have been temporarily suspended.
It is expected that in the following tenders DiamondCorp be able to implement by 9000 - 12 000 carats of diamonds, depending on the average monthly content of diamond in the rock.
http://royalpearljewelry.blogspot.ca/
The volume of the diamond trade in Antwerp rose sharply in July, but sales of diamonds tends to decline and have not overcome, according to the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) .
Exports of rough diamonds Antwerp in July increased by 14% in value to $ 1.17 billion in physical terms, the growth has reached 29% -. 9 million carats compared to 7 million carats a year earlier. These volumes have adjusted a small reduction in exports in June.
In relation to July 2015 the import of rough diamonds increased in value by 16.5% and 22% by volume. In annual terms, the Belgian export and import of rough diamonds compared to the first seven months increased in value by 6% and 4%, respectively, in 2015: exports by $ 6.7 billion, while imports - $ 6.5 billion.
The volume of polished diamond exports in July once again dropped: more than 14% in value terms and 15% in volume, compared with the same month a year ago, but they have remained unchanged compared to the previous month - $ 1.02 billion.
polished imports, in turn, not repeated indicators of June, a decrease of 17% in value and by about 13% by volume in relation to July 2015. Thus, it recorded the slowest growth for the year of import volume of diamonds. Antwerp was imported polished diamonds at $ 840 million.
The Belgian polished exports to the US, Israel and Switzerland in July decreased, while trade with Hong Kong remained stable and were marked by success in exporting to the United Arab Emirates and China. Compared to July 2015 exports to China have grown in value by 63% and 143% - in physical.
http://pearlsgift.blogspot.ca/
Exports of rough diamonds Antwerp in July increased by 14% in value to $ 1.17 billion in physical terms, the growth has reached 29% -. 9 million carats compared to 7 million carats a year earlier. These volumes have adjusted a small reduction in exports in June.
In relation to July 2015 the import of rough diamonds increased in value by 16.5% and 22% by volume. In annual terms, the Belgian export and import of rough diamonds compared to the first seven months increased in value by 6% and 4%, respectively, in 2015: exports by $ 6.7 billion, while imports - $ 6.5 billion.
The volume of polished diamond exports in July once again dropped: more than 14% in value terms and 15% in volume, compared with the same month a year ago, but they have remained unchanged compared to the previous month - $ 1.02 billion.
polished imports, in turn, not repeated indicators of June, a decrease of 17% in value and by about 13% by volume in relation to July 2015. Thus, it recorded the slowest growth for the year of import volume of diamonds. Antwerp was imported polished diamonds at $ 840 million.
The Belgian polished exports to the US, Israel and Switzerland in July decreased, while trade with Hong Kong remained stable and were marked by success in exporting to the United Arab Emirates and China. Compared to July 2015 exports to China have grown in value by 63% and 143% - in physical.
http://pearlsgift.blogspot.ca/
At the mine during its existence of more than 800 diamonds have been mined weighing more than 100 carats, 140 diamonds weighing over 200 carats, and roughly a quarter of the world's diamonds weighing more than 400 carats.
The largest ever found diamonds weighing 3,106 carats were produced at this mine in 1905.
Famous diamond was split, and from it created several diamonds. One of them - "Big Star of Africa", weighing 530 carats, decorate Royal Scepter UK and is the largest flawless diamond in the world. "Second Star of Africa", weighing 317 carats, is located in the crown of the British Empire.
Cullinan is also the most important blue diamonds sources. A collection of 11 rare gems of that color was exhibited in 2000 at the "Millennium Dome" in London along with a diamond "Star of the Millennium" (Millennium Star) with bright blue diamond "Heart of Eternity" (Heart of Eternity).
http://bridalpearlnecklace.blogspot.ca/
The largest ever found diamonds weighing 3,106 carats were produced at this mine in 1905.
Famous diamond was split, and from it created several diamonds. One of them - "Big Star of Africa", weighing 530 carats, decorate Royal Scepter UK and is the largest flawless diamond in the world. "Second Star of Africa", weighing 317 carats, is located in the crown of the British Empire.
Cullinan is also the most important blue diamonds sources. A collection of 11 rare gems of that color was exhibited in 2000 at the "Millennium Dome" in London along with a diamond "Star of the Millennium" (Millennium Star) with bright blue diamond "Heart of Eternity" (Heart of Eternity).
http://bridalpearlnecklace.blogspot.ca/
Gem Diamonds reported that the volume of rock processing and operating costs for the entire 2016 will be revised due to the extreme weather conditions in the mountains Maluti region in Lesotho, where the diamond mine Letseng (Letšeng).
Heavy snowfall and winds have limited access to the mine.
At the same time, the company announced that the volume of diamond production in carats, is likely to suffer from the above-mentioned difficulties only slightly as a result of strong operating performance in the first half of 2016.
"After the damage to power lines in the draft emergency generators were installed to enable production to continue, although the rate of decline," - noted in a statement sent to Rough & Polished.
"Lesotho Electricity Company (LEC) is currently producing repair damaged power lines external power supply project is expected to be restored in the near future.", - concluded in Gem Diamonds.
http://pearlgiftjewelry.blogspot.ca/
Heavy snowfall and winds have limited access to the mine.
At the same time, the company announced that the volume of diamond production in carats, is likely to suffer from the above-mentioned difficulties only slightly as a result of strong operating performance in the first half of 2016.
"After the damage to power lines in the draft emergency generators were installed to enable production to continue, although the rate of decline," - noted in a statement sent to Rough & Polished.
"Lesotho Electricity Company (LEC) is currently producing repair damaged power lines external power supply project is expected to be restored in the near future.", - concluded in Gem Diamonds.
http://pearlgiftjewelry.blogspot.ca/
US polished diamond imports in June as a whole remained at the same level that emphasized the preservation of stability in the largest jewelry market with diamonds, Rapaport reports portal.
According to the latest government data, imports rose 0.3% to $ 1.72 billion. By volume, polished imports jumped by 7.2% to 790,061 carats, while the average price of stones fell by 6.4%, to $ 2171 per carat .
Polished exports, meanwhile, fell by 3%, to $ 2.59 billion, due to which net imports fell by 8.7%, to a deficit of $ 877 million.
Imports of diamonds increased by 9.5% and amounted to $ 23 million, while rough exports increased more than fourfold, to $ 50 million. as a result, net imports of diamonds was in a deficit of $ 27 million compared with a surplus of $ 9 million a year ago. The deficit of the balance of the diamond trade, calculated as the difference between total imports and exports of rough and polished diamonds, fell to $ 903.9 million compared with $ 953.2 million a year earlier.
In the first half of 2016 polished imports fell by 0.3%, to $ 12.2 billion, and its exports fell by 1.7%, to $ 9.99 billion. Net polished imports increased by 6.2%, to $ 2.21 billion. imports of diamonds has almost tripled, to $ 349.9 million, while exports increased by more than tripled, to $ 232 million, due to which net imports amounted to $ 117 million versus $ 42 million a year ago. The balance of US diamond trade for the first half increased by 9.6%, to $ 2.33 billion.
http://traditionpearlnecklace.blogspot.ca/
According to the latest government data, imports rose 0.3% to $ 1.72 billion. By volume, polished imports jumped by 7.2% to 790,061 carats, while the average price of stones fell by 6.4%, to $ 2171 per carat .
Polished exports, meanwhile, fell by 3%, to $ 2.59 billion, due to which net imports fell by 8.7%, to a deficit of $ 877 million.
Imports of diamonds increased by 9.5% and amounted to $ 23 million, while rough exports increased more than fourfold, to $ 50 million. as a result, net imports of diamonds was in a deficit of $ 27 million compared with a surplus of $ 9 million a year ago. The deficit of the balance of the diamond trade, calculated as the difference between total imports and exports of rough and polished diamonds, fell to $ 903.9 million compared with $ 953.2 million a year earlier.
In the first half of 2016 polished imports fell by 0.3%, to $ 12.2 billion, and its exports fell by 1.7%, to $ 9.99 billion. Net polished imports increased by 6.2%, to $ 2.21 billion. imports of diamonds has almost tripled, to $ 349.9 million, while exports increased by more than tripled, to $ 232 million, due to which net imports amounted to $ 117 million versus $ 42 million a year ago. The balance of US diamond trade for the first half increased by 9.6%, to $ 2.33 billion.
http://traditionpearlnecklace.blogspot.ca/
The waterway is a key to deliver cargo to the production sites "ALROSA" in the Republic of Sakha (Yakutia) in the summer. In navigation 2016, the Office of Logistics (UMTS), the company plans to bring 243 thousand. Tons of technical cargo and 150 thousand. Tons of petroleum products. According to UMTS "ALROSA" has already delivered 80% of the planned volume.
Due to the sharp fall of the water level in a navigable river Lena (sometimes only 120-130 cm depth with required for safe passage 175 cm) and avoid idle vessels in UMTS revised scheme of delivery of goods by water.
Navigation and shipping for AK "ALROSA" the river carries a subsidiary of the diamond company "ALROSA-Lena". Public goods delivered by the courts on the river. Lena to settlement Kierensk at shallow draft vessels, which can go on the river at a depth of 1 meter. In Kirensk floating cranes is an overload of material and technical values in the large-capacity barges. After which the cargo arrives at the port of Lensk. Thus, it is possible to minimize the time spent and export volumes of goods in the planned volumes.
Ust-Kut is a key transport hub for the northern navigation delivery. It has a rail connection and provides transportation to 80% of goods to the northern districts of the Irkutsk Region, Yakutia and the Arctic coastal areas. Up to 95% of all freight in the summer "ALROSA" gets it through Ust-Kut unit, other cargo are delivered on seasonal winter roads.
http://royalpearljewelry.blogspot.ca/
Due to the sharp fall of the water level in a navigable river Lena (sometimes only 120-130 cm depth with required for safe passage 175 cm) and avoid idle vessels in UMTS revised scheme of delivery of goods by water.
Navigation and shipping for AK "ALROSA" the river carries a subsidiary of the diamond company "ALROSA-Lena". Public goods delivered by the courts on the river. Lena to settlement Kierensk at shallow draft vessels, which can go on the river at a depth of 1 meter. In Kirensk floating cranes is an overload of material and technical values in the large-capacity barges. After which the cargo arrives at the port of Lensk. Thus, it is possible to minimize the time spent and export volumes of goods in the planned volumes.
Ust-Kut is a key transport hub for the northern navigation delivery. It has a rail connection and provides transportation to 80% of goods to the northern districts of the Irkutsk Region, Yakutia and the Arctic coastal areas. Up to 95% of all freight in the summer "ALROSA" gets it through Ust-Kut unit, other cargo are delivered on seasonal winter roads.
http://royalpearljewelry.blogspot.ca/
Berkshire Hathaway, the conglomerate chaired by Warren Buffett, which also includes a number of jewelry stores, said that revenue from retail sales increased by 6% to $ 3.81 billion in the second quarter of 2016. Growth was driven by the acquisition of the automotive dealer and retailer of motorcycle parts. Berkshire also includes jewelry stores Borsheims, Helzberg and Ben Bridge.
Sales by the units of Berkshire, specializing in the production of consumer goods, which include also the jewelry company Richline Group, rose by 19% to $ 2.85 billion. The increase was also due to an increase in sales of other divisions of the company, in addition to jewelry. Berkshire Group revenue rose by 6% to $ 54.46 billion, while profit jumped 25% to $ 5 billion.
In the first six months of this year, Berkshire's revenue from sales increased by 29% to $ 7.34 billion. Sales of from consumer goods manufacturers, group companies, rose 13% to $ 5.25 billion.
http://pearlsgift.blogspot.ca/
Sales by the units of Berkshire, specializing in the production of consumer goods, which include also the jewelry company Richline Group, rose by 19% to $ 2.85 billion. The increase was also due to an increase in sales of other divisions of the company, in addition to jewelry. Berkshire Group revenue rose by 6% to $ 54.46 billion, while profit jumped 25% to $ 5 billion.
In the first six months of this year, Berkshire's revenue from sales increased by 29% to $ 7.34 billion. Sales of from consumer goods manufacturers, group companies, rose 13% to $ 5.25 billion.
http://pearlsgift.blogspot.ca/
Indian Institute of Gems and jewelry (Indian Institute of Gems & Jewellery, IIGJ) at its recent meeting in Mumbai, elected a new board of directors. Cirith A. Bhansali (Kirit A. Bhansali) became chairman of the board. In addition to his board of directors includes Namita Pandya (Namita Pandya), Anil Virani (Anil Virani), Ashok Gadzhera (Ashok Gajera), Pravinshankar Pandya (Praveenshankar Pandya), Vasant Mehta (Vasant Mehta), Dilipkumar lakhs (Dilipkumar Lakhi), Sanjay Kothari (Sanjay Kothari), Nirmalkumar Barmecha (Nirmalkumar Barmecha), Ashish Kothari (Ashish Kothari) and Parikh Hiten Raj (Raj Hiten Parikh).
The new president of the board of directors of Cirith Bhansali - a businessman of high rank and partner Sky Gems & Smital Gems. In addition, he is a member of the Indian Diamond Exchange Committee (Bharat Dimaond Bourse, BDB) and the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC).
Bhansali intends to promote quality education in the Indian jewelry sector through a branch IIGJ in Mumbai, and is going to do so that graduates IIGJ could get a job at the world's leading jewelery companies.
Gadzhera Ashok, Managing Director Karp Impex, linked to a number of social projects, including education and supporting Gajera Trust initiative in Amreli district in Gujarat.
Anil Virani, Managing Director Karp Impex, is a successful businessman with supporting the development of rural regions of India through his family company in Dzhasdan in Gujarat. Namita Pandya was managing conferences and meetings IIGJ in Tardeo area, and now has become a full-fledged Institute of Directors. It also develops educational initiatives in India, especially in the tribal areas of the country.
Former chairman Vasant Mehta IIGJ long time remained at his post, and was instrumental in the creation and development of the Mumbai branch of the institute, which is now considered one of the most important centers of education in the jewelry industry in India and abroad.
IIGJ collaborates with the Institute "of Mewar" in the organization of undergraduate specialty "jewelry making", as well as the Institute of Management, Development and Research "Welingkar" to train students in the specialty of management in the jewelry segment. Under the leadership of the new Chairman of Cirith Bhansali IIGJ will develop and grow in the future.
http://bridalpearlnecklace.blogspot.ca/
The new president of the board of directors of Cirith Bhansali - a businessman of high rank and partner Sky Gems & Smital Gems. In addition, he is a member of the Indian Diamond Exchange Committee (Bharat Dimaond Bourse, BDB) and the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC).
Bhansali intends to promote quality education in the Indian jewelry sector through a branch IIGJ in Mumbai, and is going to do so that graduates IIGJ could get a job at the world's leading jewelery companies.
Gadzhera Ashok, Managing Director Karp Impex, linked to a number of social projects, including education and supporting Gajera Trust initiative in Amreli district in Gujarat.
Anil Virani, Managing Director Karp Impex, is a successful businessman with supporting the development of rural regions of India through his family company in Dzhasdan in Gujarat. Namita Pandya was managing conferences and meetings IIGJ in Tardeo area, and now has become a full-fledged Institute of Directors. It also develops educational initiatives in India, especially in the tribal areas of the country.
Former chairman Vasant Mehta IIGJ long time remained at his post, and was instrumental in the creation and development of the Mumbai branch of the institute, which is now considered one of the most important centers of education in the jewelry industry in India and abroad.
IIGJ collaborates with the Institute "of Mewar" in the organization of undergraduate specialty "jewelry making", as well as the Institute of Management, Development and Research "Welingkar" to train students in the specialty of management in the jewelry segment. Under the leadership of the new Chairman of Cirith Bhansali IIGJ will develop and grow in the future.
http://bridalpearlnecklace.blogspot.ca/
Sarine Technologies Ltd announced that its revenue for the second quarter of 2016 increased by 45%, to $ 20.9 million, while net profit increased immediately by 126% to $ 6.0 million. The increase is due to improved sentiment in the diamond industry.
Results for the first six months of this year, ending June 30, showed that revenue increased by 37% to $ 36.4 million compared to $ 26.6 million for the first half of 2015. The company's profit for the second quarter increased to $ 6.7 million, which is 150% higher than the $ 3.4 million for the same period in the previous year.
Sarine Group companies achieved a record number of Galaxy devices deliveries on the background of a positive overall performance of the global diamond industry, as well as due to improving sentiment in the Indian diamond cutting industry. Of the 20 set Galaxy 10 family of systems are Meteor model for small stones, 8 constitute Solaris model and 2 belong to the Galaxy Ultra system. Thus in 2015, the company shipped only 25 Galaxy systems.
Uzi Levami (Uzi Levami), executive director of the Sarine, said: "Although we expect some decrease in supply in the second half of 2016, partly due to the Indian festival of Diwali in the fourth quarter, we are confident that 2016 will be a record year for deliveries Galaxy family system . we hope that we will be able to expand and ship more than 40 units sold in previous years. "
At the same time, more and more leading retailers in the US and in the Asia-Pacific region are going to take Sarine Profile to enhance the experience of buying diamonds for customers.
http://pearlgiftjewelry.blogspot.ca/
Results for the first six months of this year, ending June 30, showed that revenue increased by 37% to $ 36.4 million compared to $ 26.6 million for the first half of 2015. The company's profit for the second quarter increased to $ 6.7 million, which is 150% higher than the $ 3.4 million for the same period in the previous year.
Sarine Group companies achieved a record number of Galaxy devices deliveries on the background of a positive overall performance of the global diamond industry, as well as due to improving sentiment in the Indian diamond cutting industry. Of the 20 set Galaxy 10 family of systems are Meteor model for small stones, 8 constitute Solaris model and 2 belong to the Galaxy Ultra system. Thus in 2015, the company shipped only 25 Galaxy systems.
Uzi Levami (Uzi Levami), executive director of the Sarine, said: "Although we expect some decrease in supply in the second half of 2016, partly due to the Indian festival of Diwali in the fourth quarter, we are confident that 2016 will be a record year for deliveries Galaxy family system . we hope that we will be able to expand and ship more than 40 units sold in previous years. "
At the same time, more and more leading retailers in the US and in the Asia-Pacific region are going to take Sarine Profile to enhance the experience of buying diamonds for customers.
http://pearlgiftjewelry.blogspot.ca/
According to the Diamond Federation of Hong Kong, who leads the Rapaport, polished diamond imports to Hong Kong in the first half of 2016 fell by 9%, helped by a reduction in the supply of the largest trading centers.
Deliveries fell to $ 8.52 billion in the continuation of the downward trend, which is observed from the beginning of last year. The decline of imports from Belgium, India and Israel outweighs the slight increase in imports from the United States. By the volume of imports fell by 2% to 9.4 million carats as the average price of stones dropped by 7%, to $ 904 per carat.
Polished exports remained at the same level and amounted to $ 6.65 billion, while shipments to mainland China were up 19% to $ 1.26 billion, and the Indian value of orders increased by 0.6%, to $ 1.31 billion. Net imports diamonds, calculated as the difference between imports and exports, fell by 31% to $ 1.87 Bln.
diamonds import decreased by 22% to $ 716 million and rough exports increased by 9% to $ 1.03 bn. Net diamond imports (imports minus exports) was in deficit by $ 317.5 million against the deficit of $ 28.7 million a year ago.
The balance of the diamond trade in Hong Kong, reflecting the difference between total imports and exports of rough and polished diamonds, fell by 42% to $ 1.55 billion.
http://traditionpearlnecklace.blogspot.ca/
Deliveries fell to $ 8.52 billion in the continuation of the downward trend, which is observed from the beginning of last year. The decline of imports from Belgium, India and Israel outweighs the slight increase in imports from the United States. By the volume of imports fell by 2% to 9.4 million carats as the average price of stones dropped by 7%, to $ 904 per carat.
Polished exports remained at the same level and amounted to $ 6.65 billion, while shipments to mainland China were up 19% to $ 1.26 billion, and the Indian value of orders increased by 0.6%, to $ 1.31 billion. Net imports diamonds, calculated as the difference between imports and exports, fell by 31% to $ 1.87 Bln.
diamonds import decreased by 22% to $ 716 million and rough exports increased by 9% to $ 1.03 bn. Net diamond imports (imports minus exports) was in deficit by $ 317.5 million against the deficit of $ 28.7 million a year ago.
The balance of the diamond trade in Hong Kong, reflecting the difference between total imports and exports of rough and polished diamonds, fell by 42% to $ 1.55 billion.
http://traditionpearlnecklace.blogspot.ca/
"ALROSA" (PAT) in the state program "Development of Transport System" realizes the investment project on the transfer of vehicles and machinery production sites far north to natural gas.
The first stage is conducted construction of the supply infrastructure and transfer of industrial vehicles ALROSA to compressed gas (CNG). To date, more than 300 units of motor vehicles ALROSA already working on gas fuel. In Mirny and n. Aikhal put into operation of NGV filling stations. Each of them has a potential production capacity and issuing gas at the column for the refueling of cars more than 10 million m3 per year, which makes it possible to fill more than 1,000 daily vehicles.
Gas production and prepare it for use has been a subsidiary of OAO "ALROSA-Gaz". Annually planned production figures in the order of 240 million m3 of gas. These volumes allow to fully provide gas motor fuel production fleet ALROSA, as well as private and public transport.
"Ecology, economy and safety - the three main characteristics of the project. - says First Vice-President, Executive Director of "ALROSA" Igor Sobolev, - the amount of harmful emissions into the atmosphere is much less compared to gasoline and diesel fuel. Up to 65% reduced emissions of carbon monoxide, heavy hydrocarbons and nitrogen oxides. For us it is especially important in high-gassed quarries conditions at open pit. Use of natural gas as a fuel can increase engine life by 1.5 times. Compared to traditional fuels are greatly reduced and the cost of fuel at 2-3. Natural gas - the safest motor fuel. He referred to the safest fourth grade. Methane is much lighter than air and in case of a leak quickly disappears. Gasoline is a third class, propane-butane - 2 safety class. "
"Investments of the company in this project will amount to about half a billion rubles. We plan to recoup the costs for 4 years. At the first stage of its implementation, while achieving the project value, we obtain savings of 200 million rubles. - said Alexander Bondarenko, head of domestic investment projects management "ALROSA".
http://royalpearljewelry.blogspot.ca/
The first stage is conducted construction of the supply infrastructure and transfer of industrial vehicles ALROSA to compressed gas (CNG). To date, more than 300 units of motor vehicles ALROSA already working on gas fuel. In Mirny and n. Aikhal put into operation of NGV filling stations. Each of them has a potential production capacity and issuing gas at the column for the refueling of cars more than 10 million m3 per year, which makes it possible to fill more than 1,000 daily vehicles.
Gas production and prepare it for use has been a subsidiary of OAO "ALROSA-Gaz". Annually planned production figures in the order of 240 million m3 of gas. These volumes allow to fully provide gas motor fuel production fleet ALROSA, as well as private and public transport.
"Ecology, economy and safety - the three main characteristics of the project. - says First Vice-President, Executive Director of "ALROSA" Igor Sobolev, - the amount of harmful emissions into the atmosphere is much less compared to gasoline and diesel fuel. Up to 65% reduced emissions of carbon monoxide, heavy hydrocarbons and nitrogen oxides. For us it is especially important in high-gassed quarries conditions at open pit. Use of natural gas as a fuel can increase engine life by 1.5 times. Compared to traditional fuels are greatly reduced and the cost of fuel at 2-3. Natural gas - the safest motor fuel. He referred to the safest fourth grade. Methane is much lighter than air and in case of a leak quickly disappears. Gasoline is a third class, propane-butane - 2 safety class. "
"Investments of the company in this project will amount to about half a billion rubles. We plan to recoup the costs for 4 years. At the first stage of its implementation, while achieving the project value, we obtain savings of 200 million rubles. - said Alexander Bondarenko, head of domestic investment projects management "ALROSA".
http://royalpearljewelry.blogspot.ca/
Revenue Danish creator and manufacturer of PANDORA jewelry grew in the second quarter of 2016 just 20% (25% in local currency) to $ 645 million (DKK 4.327) compared to the same period in 2015, according to IDEX Online.
Revenues increased in all regions of the world, including 5% in the Americas, 28% in Europe, Middle East and Africa and 43% in the Asia-Pacific region. Income from concept stores increased by 39%, accounting for 63% of total revenue.
PANDORA's net profit for the second quarter was $ 180 million compared to $ 135.5 million compared to the same quarter last year.
Over the past 12 months, PANDORA opened 366 concept stores in its global retail network, including 68 new stores in the second quarter.
"Growth in all regions continued in the second quarter in Europe, Middle East and Africa, as well as in the Pacific region to maintain a high growth with double-digit growth thanks to double-digit or near to it an increase in comparable sales." - said Anders Colding Friis (Anders Colding Friis), CEO of PANDORA.
"Sales in the Americas increased by 10% in local currencies, comparable sales in the US increased by 2%. In addition, a high proportion of Internet sales in the US and increase the availability of concept stores in the region. Sales in all regions were supported in view of the constant product diversification in the segments of rings and earrings, "- he concluded.
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Revenues increased in all regions of the world, including 5% in the Americas, 28% in Europe, Middle East and Africa and 43% in the Asia-Pacific region. Income from concept stores increased by 39%, accounting for 63% of total revenue.
PANDORA's net profit for the second quarter was $ 180 million compared to $ 135.5 million compared to the same quarter last year.
Over the past 12 months, PANDORA opened 366 concept stores in its global retail network, including 68 new stores in the second quarter.
"Growth in all regions continued in the second quarter in Europe, Middle East and Africa, as well as in the Pacific region to maintain a high growth with double-digit growth thanks to double-digit or near to it an increase in comparable sales." - said Anders Colding Friis (Anders Colding Friis), CEO of PANDORA.
"Sales in the Americas increased by 10% in local currencies, comparable sales in the US increased by 2%. In addition, a high proportion of Internet sales in the US and increase the availability of concept stores in the region. Sales in all regions were supported in view of the constant product diversification in the segments of rings and earrings, "- he concluded.
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Stellar Diamonds has agreed to merge its Tongo kimberlite project (Tongo) with an adjoining mine Tonguma (Tonguma) company Octea Mining in Sierra Leone. It is expected that production from the projects will be carried out using a common infrastructure.
In a statement, the diamond company reported that in the framework of the consolidated production at the project will be able to receive up to 5 million carats of diamonds, and the target production volume after the additional exploration is 8 million carats.
"As soon as combined diamond project starts production, it will become the second largest in West Africa, and the maximum volume of diamond production will be about 250,000 carats a year", - said CEO Karl Smithson, Stellar (Karl Smithson).
"The high diamond content and high potential kimberlite developed quite a convincing combination of mining operations (now Octea) can provide us significant synergy costs, which will improve the estimated amount of operating profit.", - he added.
Smithson also said that available at Tongo and Tonguma infrastructure will start mining operations within 12 months after completion of the transaction between the companies.
Managing Director Zane Octea Sveynpoel (Zane Swanepoel) said that the bigger the project will be placed under the operational control of Stellar.
". The company Stellar extensive experience in Sierra Leone, and in particular in the region Tonga This, we believe, will greatly benefit the project", - he added.
The Stellar Friday on the London Stock Exchange AIM, has suspended trading of their shares until further announcements concerning the adoption or termination of a potential deal with Octea.
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In a statement, the diamond company reported that in the framework of the consolidated production at the project will be able to receive up to 5 million carats of diamonds, and the target production volume after the additional exploration is 8 million carats.
"As soon as combined diamond project starts production, it will become the second largest in West Africa, and the maximum volume of diamond production will be about 250,000 carats a year", - said CEO Karl Smithson, Stellar (Karl Smithson).
"The high diamond content and high potential kimberlite developed quite a convincing combination of mining operations (now Octea) can provide us significant synergy costs, which will improve the estimated amount of operating profit.", - he added.
Smithson also said that available at Tongo and Tonguma infrastructure will start mining operations within 12 months after completion of the transaction between the companies.
Managing Director Zane Octea Sveynpoel (Zane Swanepoel) said that the bigger the project will be placed under the operational control of Stellar.
". The company Stellar extensive experience in Sierra Leone, and in particular in the region Tonga This, we believe, will greatly benefit the project", - he added.
The Stellar Friday on the London Stock Exchange AIM, has suspended trading of their shares until further announcements concerning the adoption or termination of a potential deal with Octea.
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Revenue diamond company Diamcor Mining jumped 3 months until June 30, up to $ 1.9 million (2.4 million Canadian dollars), compared to $ 445,047 a year earlier.
According to Rapaport portal, Diamcor, which owns the site Krohn-Endora (Krone-Endora) Venice Project (Venetia) in South Africa, has increased the efficiency and volume of rock processing to compensate for the decline in diamond prices.
The average selling price of the stones had fallen to $ 142 per carat compared to $ 159 per carat a year earlier due to "general weakening" in prices for rough diamonds in the 2017 fiscal year.
In the reporting quarter Diamcor reported a profit of $ 29,991 against a loss of the same period last year to $ 550 106.
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According to Rapaport portal, Diamcor, which owns the site Krohn-Endora (Krone-Endora) Venice Project (Venetia) in South Africa, has increased the efficiency and volume of rock processing to compensate for the decline in diamond prices.
The average selling price of the stones had fallen to $ 142 per carat compared to $ 159 per carat a year earlier due to "general weakening" in prices for rough diamonds in the 2017 fiscal year.
In the reporting quarter Diamcor reported a profit of $ 29,991 against a loss of the same period last year to $ 550 106.
http://pearlgiftjewelry.blogspot.ca/
According to the Bureau of Labor Statistics the United States, the US consumer price index (CPI) for jewelry and watches in July rose slightly.
The index value has increased by 0.7% compared to June. Compared with the previous year's July CPI rose by 5%.
In July, the jewelry consumer price index was almost unchanged from the previous month and increased by 4% compared with the previous year. The prices of watches increased by 2% per month and rebounded by 8% a year.
These changes occurred in parallel decrease in prices for diamonds July. The price index for RapNet diamonds (RAPI) decreased by 1.7% for certified GIA odnokaratnikov. RAPI for the stones in 0.3 carat fell to 1.8%, and for polukaratnikov - 0.5%. RAPI 3-carat diamond decreased by 1.5%.
However, the price of gold rose in July, an increase of COMEX exchange by 1.5%, according to Bloomberg.
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The index value has increased by 0.7% compared to June. Compared with the previous year's July CPI rose by 5%.
In July, the jewelry consumer price index was almost unchanged from the previous month and increased by 4% compared with the previous year. The prices of watches increased by 2% per month and rebounded by 8% a year.
These changes occurred in parallel decrease in prices for diamonds July. The price index for RapNet diamonds (RAPI) decreased by 1.7% for certified GIA odnokaratnikov. RAPI for the stones in 0.3 carat fell to 1.8%, and for polukaratnikov - 0.5%. RAPI 3-carat diamond decreased by 1.5%.
However, the price of gold rose in July, an increase of COMEX exchange by 1.5%, according to Bloomberg.
http://traditionpearlnecklace.blogspot.ca/
Geological Survey of India (Geological Survey of India, GSI) , which carried out geological exploration of gold deposits throughout the country, estimated the gold reserves of 9.8 million tons.
As India's mining minister Piyush Goyal (Piyush Goyal) pointed out in the past 3 years GSI conducted exploration in the states of Rajasthan, Bihar, Jharkhand, Orissa, Maharashtra, Uttar Pradesh, Madhya Pradesh, Karnataka, Kerala, Andhra Pradesh and Arunachal- Pradesh.
"As a result of seasonal exploration work 2012-2013, 2013-2014 and 2014-2015, conducted the GSI, was found in a total of 9.8 million tons of gold reserves, including 6.78 million tons in the state of Rajasthan, 2 million tons in the state of Jharkhand, and 1.02 million tonnes in Karnataka.
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As India's mining minister Piyush Goyal (Piyush Goyal) pointed out in the past 3 years GSI conducted exploration in the states of Rajasthan, Bihar, Jharkhand, Orissa, Maharashtra, Uttar Pradesh, Madhya Pradesh, Karnataka, Kerala, Andhra Pradesh and Arunachal- Pradesh.
"As a result of seasonal exploration work 2012-2013, 2013-2014 and 2014-2015, conducted the GSI, was found in a total of 9.8 million tons of gold reserves, including 6.78 million tons in the state of Rajasthan, 2 million tons in the state of Jharkhand, and 1.02 million tonnes in Karnataka.
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Mining giant Rio Tinto has decided to close its diamond mine project in the Indian state of Madhya Pradesh, faced with obstacles from the "green".
In a statement issued August 19, 2016 press-secretary of Rio Tinto, said: "As part of its continuing efforts to increase shareholder value by maintaining cash and further reduce the Rio Tinto spending decided not to continue its project Bander (Bunder) India . Accordingly, we will strive to close the entire project infrastructure by the end of 2016. Rio Tinto firmly believed that Bander relates to a high-quality deposits. The company will now work with the [Government of India / Federal Government] and the State Government of Madhya Pradesh and is currently considering options for connecting third-party investor to carry forward the development of the project. Rio Tinto remains committed to the diamond business and the Indian diamond industry, relying on its two world-class underground mine in Australia and Canada. Rio Tinto maintains its commitment to India as an important market for our metals and minerals and as a key global center for the joint provision of services offered by Rio Tinto. We expect to expand our presence to support our global operations in the future. As part of these changes, Rio Tinto will offer contractors working at the site, participate in the scheme to terminate contracts on a fair basis. "
Joint Stock Company "ALROSA" (PJSC), the largest in the world in terms of diamond production, as an official partner to take part in the Second Eastern Economic Forum 2-3 September 2016. This was reported in a press release received by Rough & Polished.
East Economic Forum held annually in the city of Vladivostok on the basis of the Decree of the President of Russian Federation Vladimir Putin. Forum aims to promote the accelerated development of the economy of the Far East and the expansion of international cooperation in the Asia-Pacific region.
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In a statement issued August 19, 2016 press-secretary of Rio Tinto, said: "As part of its continuing efforts to increase shareholder value by maintaining cash and further reduce the Rio Tinto spending decided not to continue its project Bander (Bunder) India . Accordingly, we will strive to close the entire project infrastructure by the end of 2016. Rio Tinto firmly believed that Bander relates to a high-quality deposits. The company will now work with the [Government of India / Federal Government] and the State Government of Madhya Pradesh and is currently considering options for connecting third-party investor to carry forward the development of the project. Rio Tinto remains committed to the diamond business and the Indian diamond industry, relying on its two world-class underground mine in Australia and Canada. Rio Tinto maintains its commitment to India as an important market for our metals and minerals and as a key global center for the joint provision of services offered by Rio Tinto. We expect to expand our presence to support our global operations in the future. As part of these changes, Rio Tinto will offer contractors working at the site, participate in the scheme to terminate contracts on a fair basis. "
Joint Stock Company "ALROSA" (PJSC), the largest in the world in terms of diamond production, as an official partner to take part in the Second Eastern Economic Forum 2-3 September 2016. This was reported in a press release received by Rough & Polished.
East Economic Forum held annually in the city of Vladivostok on the basis of the Decree of the President of Russian Federation Vladimir Putin. Forum aims to promote the accelerated development of the economy of the Far East and the expansion of international cooperation in the Asia-Pacific region.
http://pearlsgift.blogspot.ca/
Sodiam, Angola's state-owned company that sells diamonds exported rough diamonds in the amount of 31.6 billion kwanzas ($ 191 million) in the first quarter of this year, according to data released by the Ministry of Finance.
Edition Macauhub reports that Sodiam become the second largest exporter in the country in the reporting quarter.
The company was also the only non-oil company, made the list of 10 biggest exporters in the first quarter of this year.
In 2015, Angola exported rough diamonds at $ 1.3 billion, according to the Kimberley Process.
At the same time, the Angolan oil company Sonangol has become the largest earner of foreign currency in the country and exported crude oil worth $ 125.9 billion kwanzas ($ 755 million) in the period from January to March.
At the same time it is - a drop of 54 percent compared to the same period last year, reflecting a sharp decline in world oil prices during the first three months of 2016.
Diamond point as a possible main export article in Angola, if crude oil prices will continue to roll on a downward trajectory.
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Edition Macauhub reports that Sodiam become the second largest exporter in the country in the reporting quarter.
The company was also the only non-oil company, made the list of 10 biggest exporters in the first quarter of this year.
In 2015, Angola exported rough diamonds at $ 1.3 billion, according to the Kimberley Process.
At the same time, the Angolan oil company Sonangol has become the largest earner of foreign currency in the country and exported crude oil worth $ 125.9 billion kwanzas ($ 755 million) in the period from January to March.
At the same time it is - a drop of 54 percent compared to the same period last year, reflecting a sharp decline in world oil prices during the first three months of 2016.
Diamond point as a possible main export article in Angola, if crude oil prices will continue to roll on a downward trajectory.
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Dominion Diamond Corporation has published the results of sales in the second quarter of fiscal year 2017 (from May to July 2016) of rough diamonds from the Ekati mine (the Ekati) and Diavik (Diavik), as well as the Ekati production results for the same period.
The results of three trading rough diamonds for the quarter were $ 160.0 million compared to $ 209.7 million in the second quarter of 2016 fiscal year. In the third quarter it is planned to hold two diamond tender.
According to the report Dominion, Ekati to mine in the second quarter of 2017 fiscal year were produced 0.9 million carats of 0.6 million tonnes of ore processed. During the same period of fiscal year 2016 production was 0.9 million carats to 1.0 million tonnes of ore processed.
Commenting on the situation in the diamond market, the company said that after the favorable conditions prevailing in the first quarter, diamond prices have stabilized in the second quarter supported by solid retail demand in the United States. Positive conditions in the first half of the year reduced inventories throughout the diamond pipeline and improved the liquidity situation in the industry. However, despite the improvement in the relations of banks to the industry, they continue to be cautious.
Retail markets outside the United States, noted in the Dominion, are under the influence of a strong US dollar, making jewelry is relatively expensive in local currencies. Despite the decline in demand from wealthy clients, growth in retail demand in China focused on the wider retail sector, which contributes to the expansion of the middle class.
Also in the Far East, the demand from Japan remains high, supported by tourism from China, where people come to buy luxury items. Conversely, the demand for retail markets in Europe, Hong Kong and the Middle East remains somewhat muted, noted in the Dominion.
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The results of three trading rough diamonds for the quarter were $ 160.0 million compared to $ 209.7 million in the second quarter of 2016 fiscal year. In the third quarter it is planned to hold two diamond tender.
According to the report Dominion, Ekati to mine in the second quarter of 2017 fiscal year were produced 0.9 million carats of 0.6 million tonnes of ore processed. During the same period of fiscal year 2016 production was 0.9 million carats to 1.0 million tonnes of ore processed.
Commenting on the situation in the diamond market, the company said that after the favorable conditions prevailing in the first quarter, diamond prices have stabilized in the second quarter supported by solid retail demand in the United States. Positive conditions in the first half of the year reduced inventories throughout the diamond pipeline and improved the liquidity situation in the industry. However, despite the improvement in the relations of banks to the industry, they continue to be cautious.
Retail markets outside the United States, noted in the Dominion, are under the influence of a strong US dollar, making jewelry is relatively expensive in local currencies. Despite the decline in demand from wealthy clients, growth in retail demand in China focused on the wider retail sector, which contributes to the expansion of the middle class.
Also in the Far East, the demand from Japan remains high, supported by tourism from China, where people come to buy luxury items. Conversely, the demand for retail markets in Europe, Hong Kong and the Middle East remains somewhat muted, noted in the Dominion.
http://pearlgiftjewelry.blogspot.ca/
Wednesday, July 12, 2017
Kennady Diamonds acquired six mining leases in the corporation GGL Resources Corp. on the territory adjacent to the diamond fields Gacho Quay (Gahcho Kué) in Canada, for $ 154 949 (200 000 Canadian dollars) in cash.
Areas adjacent to the southern border Gacho Quay and are about 4233 hectares. Thus, Kennady North project area increased to 71 000 hectares.
GGL retains a 0.75% royalty on all mineral products produced and Kennady reserves the right to buy a third of the royalties, or 0.25% of production, for $ 774,743 (1 million Canadian dollars) at any time before it starts.
The acquisition "is a natural complement to our portfolio of assets and strengthens our position in the territorial corridor Kelvin-Faraday (Kelvin-Faraday), - said President and Chief Executive Officer Kennady Diamonds Rori Mur (Rory Moore). - Although our focus will remain Kennadi District-North (Kennady North), we are looking forward to test kimberlite targets at new sites, starting with an in-depth analysis of historical data. "
The purpose of "Blob Lake» (Blob Lake) in kimberlite corridor Kelvin-Faraday is of particular interest, because previous studies have found that it is an anomaly, said the mining company.
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Areas adjacent to the southern border Gacho Quay and are about 4233 hectares. Thus, Kennady North project area increased to 71 000 hectares.
GGL retains a 0.75% royalty on all mineral products produced and Kennady reserves the right to buy a third of the royalties, or 0.25% of production, for $ 774,743 (1 million Canadian dollars) at any time before it starts.
The acquisition "is a natural complement to our portfolio of assets and strengthens our position in the territorial corridor Kelvin-Faraday (Kelvin-Faraday), - said President and Chief Executive Officer Kennady Diamonds Rori Mur (Rory Moore). - Although our focus will remain Kennadi District-North (Kennady North), we are looking forward to test kimberlite targets at new sites, starting with an in-depth analysis of historical data. "
The purpose of "Blob Lake» (Blob Lake) in kimberlite corridor Kelvin-Faraday is of particular interest, because previous studies have found that it is an anomaly, said the mining company.
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Lucara Diamond announced plans to install the X-ray apparatus diamond recess (XRT) for the processing of high performance breeds are more fines on the mine cars (Karowe) in Botswana.
Said in a statement that after this modernization is planned to get the diamonds the size of 4 - 8 mm.
XRT technology, which is already used on cars, will also be actively used for the processing of very dense rock rich in diamonds from the southern section of the mine. The use of technology will recycle breed the most efficient and cost-effective methods possible, added the company.
"Lucara continues to use new technology to modernize the process of diamond mining XRT technology has proven its effectiveness for diamonds owned by the mine cars.", - said General Director of Lucara Uilyam Lemb (William Lamb).
"The use of XRT technology for the most significant share of cars of diamonds enhances the overall efficiency of the rock processing and provides a high operating profit in the extraction of high-quality diamonds from the southern share of the project", - he added.
As noted in Lucara, modernization of processing plant on the cars will cost the company $ 30 million and will be completed in the fourth quarter of 2017.
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Said in a statement that after this modernization is planned to get the diamonds the size of 4 - 8 mm.
XRT technology, which is already used on cars, will also be actively used for the processing of very dense rock rich in diamonds from the southern section of the mine. The use of technology will recycle breed the most efficient and cost-effective methods possible, added the company.
"Lucara continues to use new technology to modernize the process of diamond mining XRT technology has proven its effectiveness for diamonds owned by the mine cars.", - said General Director of Lucara Uilyam Lemb (William Lamb).
"The use of XRT technology for the most significant share of cars of diamonds enhances the overall efficiency of the rock processing and provides a high operating profit in the extraction of high-quality diamonds from the southern share of the project", - he added.
As noted in Lucara, modernization of processing plant on the cars will cost the company $ 30 million and will be completed in the fourth quarter of 2017.
https://pearlgiftjewelry.blogspot.ca/
Dubai Center commodities (Dubai Multi Commodities Centre, DMCC) said that the second in a row African-Dubai Forum on non-ferrous metals (Africa Dubai Precious Metals Forum, ADPMF ), whose theme will be "Connecting Africa and the world" (Connecting Africa to the world), will be held at the Kempinski hotel in Accra, Ghana, 7-8 September 2016. ADPMF will be aimed at strengthening relations between the government, mining companies and traders in Africa, as well as representatives of the industrial sector in Dubai.
The two-day forum will explore the possibility of cooperation between Dubai and the countries of the African continent, as well as how they will be able to ensure the sustainable economic development of the global gold industry.
Franco Bosoni, director of DMCC Commodities, said: "Ghana - an important center of trade in precious metals, the Economic Community of West African States (ECOWAS) and the neighboring countries, it provides an excellent service, as well as specialized and in-depth regional experience in this field aim of DMCC and our.. partners on the forum is to reach agreement with the representatives of ministries and departments of the governments of African countries, as well as strengthening ties with Dubai, which allows mining companies in the region get an access to the world's raw material supply chain. "
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The two-day forum will explore the possibility of cooperation between Dubai and the countries of the African continent, as well as how they will be able to ensure the sustainable economic development of the global gold industry.
Franco Bosoni, director of DMCC Commodities, said: "Ghana - an important center of trade in precious metals, the Economic Community of West African States (ECOWAS) and the neighboring countries, it provides an excellent service, as well as specialized and in-depth regional experience in this field aim of DMCC and our.. partners on the forum is to reach agreement with the representatives of ministries and departments of the governments of African countries, as well as strengthening ties with Dubai, which allows mining companies in the region get an access to the world's raw material supply chain. "
http://royalpearljewelry.blogspot.ca/
Diamcor announced the placement of shares with a total value of 5 million Canadian dollars ($ 3.9 million) through a closed subscription for the additional equipment I have the materials needed for the further development of the plot Crown Endor (Krone-Endora) Project Venice (, Venetia) in South Africa.
Proceeds from the offering will be used for administrative and general needs of the company.
As noted in Diamcor, 4,54 million shares will be placed at a price of 1.10 Canadian dollars each.
On top of that stock will consist of one common share, as well as a coupon for the purchase of half of an ordinary share.
Each of these coupons will allow the holder to purchase an additional share at a price of 1.60 Canadian dollar in the period up to 36 months from their release date.
However, the placement of shares shall be tested and the representatives of the exchange process of signing the relevant documentation.
Recently Diamcor reported receiving $ 1.9 million from the sale of 13, 384.72 carats of diamonds in the first quarter of 2016.
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Proceeds from the offering will be used for administrative and general needs of the company.
As noted in Diamcor, 4,54 million shares will be placed at a price of 1.10 Canadian dollars each.
On top of that stock will consist of one common share, as well as a coupon for the purchase of half of an ordinary share.
Each of these coupons will allow the holder to purchase an additional share at a price of 1.60 Canadian dollar in the period up to 36 months from their release date.
However, the placement of shares shall be tested and the representatives of the exchange process of signing the relevant documentation.
Recently Diamcor reported receiving $ 1.9 million from the sale of 13, 384.72 carats of diamonds in the first quarter of 2016.
http://traditionpearlnecklace.blogspot.ca/
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