The Anglo American reported that diamond production of its remaining 85% De Beers Group increased by 4% in the third quarter, to 6.3 million carats, compared to 6 million carats in the same period last year.
Diversified mining group said that the Debswana diamond mining company in Botswana has jumped by 12 percent to 4.5 million carats, given the increase in output at the mine Jwaneng (Jwaneng) by 47 per cent as a result of planned maintenance in the third quarter of 2015, which it has been given priority in the light of the prevailing conditions in the trade.
"This growth was partially offset by a planned 22-percent decrease in production at the mine Orapa (Orapa) to conform to market diamond production conditions", - the report says the company.
The Anglo stated that extraction De Beers Consolidated Mines in South Africa are also increased by 6%, to 1.1 million carats through processing rocks with a high content of diamond and Venezia draft due to increased processing in Vurspoed (Voorspoed).
This increase was partially balanced by an early completion of the sale of Kimberley Mines Petra Diamonds company.
At the same time production of the Namibian Namdeb Holdings diamonds declined by 13%, to 400 000 carats. Ground operations companies are faced with lower diamond grades and underwater production decreased due to maintenance Debmar Pacific vessel.
The Anglo said that diamond production in Canada also decreased by 48% to 200 000 carats due to space on the care and maintenance of Snap Lake mine (Snap Lake) last December.
"This was partially offset by the start of production at the mine diamonds Gacho Quay (Gahcho Kué), which was officially opened on September 20, 2016 and is at the stage of production growth," - said in a statement.
De Beers forecast for production in 2016 remained unchanged and amounted to 26-28 million carats.
Consolidated sales De Beers rough increased by 77% and 5.3 million carats during the period.
"This increase reflects an improvement in trading conditions compared with those observed in the third quarter of 2015, when the effluent in the diamond pipeline negative impact on the demand side cutters", - concluded the Anglo American
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The De Beers reported that Stiven Luse (Stephen Lussier), vice president of marketing, assumed the position of Chairman of the Association of Diamond Manufacturers (Diamond Producers Association, DPA).
Jim Pounds (Jim Pounds), executive vice president of Dominion Diamond Corporation, he became deputy chairman of the organization. Meanwhile, Jean-Marc Lieberherr (Jean-Marc Lieberherr), former managing director of the diamond division Rio Tinto, became CEO of the association.
"Stephen, Jim and Jean-Marc will work closely with other DPA members to develop a strategic approach associations to address its key challenges, - stated in the De Beers statement sent to Rough & Polished -. Among them - to maintain and increase consumer confidence and demand for diamonds and providing reliable information on the diamond industry. DPA also will talk about the role and contribution of mining companies in the diamond industry and society as a whole, "
Stephen, who is also CEO of the Forevermark brand, belonging present De Beers Group, said that the opportunity to tell the world about the history of diamonds is a real privilege.
Lieberherr noted that the diamond sector is the key to the prosperity of millions of families around the world.
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