The company noted that these revenues will be used to implement new plans to improve the breed manual processing to the target level of 30 000 tonnes per month and reduce production costs. In addition, it is planned to increase the volume of extracting diamonds.
"In particular, the company expects to acquire the primary crushing equipment, which is expected to be more cost effective than using the services of outside contractors," - noted in Bluerock.
"The primary crusher is expected to be installed and put into operation during the first quarter of 2017 the Company will seek to mitigate the effects of the ongoing drought by increasing water recycling and other measures This is expected to achieve target levels of production..", - reported in the mining company.
Executive Director Bluerock Voe Adam (Adam Waugh) said that the company plans to significantly reduce the average cost of processing one ton of ore in the mine, as well as to improve the diamond recoveries.
The gradual increase of production levels in the first quarter of 2017 is expected to be completed well before the end of the reporting period, as well as installation and commissioning of crusher operation, concluded Voe.
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Franco-Israeli auction house Tzoffey's 1818 will organize a tender for the business representatives on the particular diamonds and colored gemstones in the framework of the International Diamond Week (International Diamond Week) in Israel, which will be held from 14 to 18 February 2016.
ReplyDeleteDiamond International Week will be Israel Diamond Exchange (Israel Diamond Exchange, IDE) in the marketplace.
Avner Sofiov (Avner Sofiov), president of auction Tzoffey's 1818 home, said: "International Diamond Week is a brilliant opportunity to conduct such auctions hundreds of foreign buyers will be present on the trading platform, which will join the members of our large diamond community event - perfect.. Playground for our auction. "
Separate high-quality diamonds in sizes from 0.25 to 75 carats of different colors, which are among the 50 pink diamonds will be presented at an auction. In addition, the company to be auctioned Burmese ruby weighing 15.76 carats without heating tracks, as well as Burmese sapphire color "royal blue" weighing 12.01 carats, are not exposed to excessive heat. The company also organizes the sale of the set diamonds "chalk" and colored gemstones.