In a statement the company, whose shares are traded on the stock exchange ASX, said that the average price of diamonds at auction was $ 1317.
It was also reported that last tender raised gross proceeds from the sale of diamonds from the Lulo project since the beginning of 2017 to $ 13.2 million at an average price of $ 2055 stones per carat.
Meanwhile, in Lucapa said that a diamond weighing 92 carats, D color, produced after the third export sales from new mining unit 28, will be included in the next auction.
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By 2019, the expected compound annual growth rate of the diamond industry in the amount of about 5%, according to a new report from market research firm Research and Markets «The diamond industry in the years 2015-2019» (Diamond Mining Industry 2015-2019).
ReplyDeleteThe driving force for the growth of the industry is the increasing demand for diamond jewelry in emerging markets - such as China and India, the report said Research and Markets.
"One obstacle to industry growth in the forecast period will be the environmental problems occurring during diamond mining. When diamond mining a number of different methods, including those that involve the removal of a large amount of soil from the ground surface, which leads to an outflow of population from the territory. Work on diamond mining also serve the cause of the removal of other minerals and leave a huge "carbon footprint." Therefore, the creation of new standards, ensuring the withdrawal of the inhabitants of these territories, as well as the storage and return of other minerals, in order to allow the region to return to its natural state, "- says the report, which also predicted that Africa will remain a leader in diamond mining when the growth rate of 6%.
In the market of diamond production is high competition, because there are a lot of players involved. The industry recently there has been consolidation - smaller companies are acquired by large, said Research and Markets. Most diamonds suppliers actively invested in research and development in order to succeed in this highly competitive market.