The agreement was signed by the President and CEO of IEG Lorentso Kanoni (Lorenzo Cagnoni), president of Arezzo Fiere e Congressi Andrea Baldy (Andrea Boldi), as well as the Managing Director and Deputy Managing Director, IEG Corrado Facco (Corrado Facco) and Carlo Costa (Carlo Costa) . At the signing of the agreement was also attended by a representative of Arezzo Fiere e Congressi Board of Directors Alesia Gualdani (Alessia Gualdagni).
The agreement creates an exhibition platform for all Italian gold and jewelery industry for the development and promotion of internationally high quality products under the brand Made in Italy.
Creation of a single framework for cooperation with institutions, associations, companies and dealers is intended to ensure the implementation of a more effective strategy to promote the national and international levels of the Italian gold and jewelery industry by operating with the greatest benefit to the industry resources and investments.
Thus, in 2017 Italian Exhibition Group provides the organization and conduct of the five trade fairs: VICENZAORO (held January 20-25), OROAREZZO (May 6-9), VICENZAORO (23-27 September), Gold Italy (21-23 October) VOD - international Jewelery Fair in Dubai (15-18 November).
"Italian Exhibition Group will manage the organization and conduct of the four events in Italy, one in Dubai and will provide a formal presence in the United States and a number of strategic operations in Asia", - said Corrado Facco (Corrado Facco), executive director of the Italian Exhbition Group.
The agreement provides also that the Italian Exhibition Group already in 2017 will manage the holding of gold and jewelery fair in Arezzo.
In 2015, the industry trade exceeded 7 billion euros. Exports reached 6.5 billion with a positive trade balance of $ 4.2 billion. Despite the global decline in demand for gold from jewelers in the first 10 months of 2016 Italian exports reached 4.8 billion euros.
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Lucapa Diamond reported the discovery of 28 special-sized diamonds above 10.8 carats in the fourth quarter, which ended in December 2015, on the alluvial project Lulo (Lulo) in Angola.
The company develops Lulo project in partnership with the state diamond company Endiama and private Rosas & Petalas.
In a statement it states that the average size of the diamond with concessions in the quarter increased to 1.35 carats, compared to 1.2 carats in the third quarter.
Breed processing speed in the second half of 2015 also rose sharply, up by 173% to 82 410 cubic meters by delivering additional earthmoving equipment, which will expand the volume of transactions, the company said.
In Lucapa also reported that the kimberlite exploration program focuses on the geophysical survey work on the priority areas of L259 and L13 / L15. Specialists Company believed that these areas may be large and potential sources of alluvial diamonds recovered on a neighboring block 8 (Mining Block 8).
In the fourth quarter Lucapa received 8.1 million Australian dollars ($ 5.6 million) in the three diamond auctions held during the reporting period.
The average price of the stones was 2 141 Australian Dollar per carat. This is the highest average price per carat in the first quarter from the start of production at the Lulo diamond in January last year.
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