Construction of the underground mine worth $ 2.1 billion on deposit in Venice (Venetia) in South Africa, which is the company De Beers Consolidated Mines (DBCM), is within budget and within schedule, according to IDEX Online.
Accordingly, the underground work in ore extraction could begin before 2022, which is scheduled to start them.
The field of Venice, which is undergoing a large-scale open cast mining, is critical for the South African diamond production, as it accounts for about 40% of the annual production volume of rough diamonds in the country.
De Beers expects that during the lifetime of an underground Venice project will bring about 94 million carats of diamonds.
After the completion of the underground mine will operate two mine shaft, and the lower level will be at a depth of 1000 meters. According to the DBCM, to the years 2019-2020 at the mine will employ 6,000 employees, including 2,000 in construction work.
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Initiative to ensure responsible mining (Initiative for Responsible Mining Assurance, IRMA ) has released the second draft of the "first in the history of" the global standard for mines that have repeated the standards and programs introduced by other sectors such as agriculture and fisheries.
IRMA is seeking feedback on the draft standard by interested parties and the public until June 5, after which the steering committee, which includes representatives of Tiffany & Co., Microsoft, and Anglo American, will further revise the document and release the final version of the standard before the end of 2016 of the year.
IRMA has already held "field studies" of the "Standard for responsible mining" (Standard for Responsible Mining) in the United States and Zimbabwe and received information from more than 70 organizations and individuals throughout the world of persons, including from representatives of industry and technical experts , the organization said in a statement.
Raising awareness and demand for environmentally and socially responsible products was the reason that the jewelry and electronics companies are seeking guarantees responsibly produced raw material procurement, explained in IRMA.
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