The company Petra Diamonds said its diamond production increased by 30% in the first quarter of 2017 fiscal year, to 1.1 million carats compared to 842,796 carats a year earlier.
Growth was driven by an increase in the processing of ore with a high content of diamonds, as well as additional processing of waste rock Ekapa Mining in South Africa.
In Petra said that the planned expansion program, including project processing plant at Cullinan (Cullinan), which is also located in South Africa, continue to be in accordance with the company's expectations.
New generation at Cullinan and Finsch (Finsch) start to bring the ore rich in diamonds, which will help to improve production performance and product range.
"From an operational point of view, the group showed a strong start to the 2017 fiscal year, producing about 1.1 million carats of diamonds in its first quarter. For the full year production is expected at the level of 4.4-4.6 million carats, which corresponds to the earlier forecasts "- said Johan Dippenaar (Johan Dippenaar), chief executive Officer of Petra Diamonds.
Petra said that first-quarter revenue of $ 94.7 million from the sale of 745 447 carats of diamonds.
Dippenaar said that the diamond market is steady and prices generally correspond to the level of January-June 2016.
http://royalpearljewelry.blogspot.ca/
1 comment:
"We have always stressed the special nature of the Lulo diamond mine, and this finding - together with others discovered there diamonds larger than 100 carats - is another proof", - said CEO Lucapa Diamond Vezeroll Stephen (Stephen Wetherall).
"Continuing to mine these exceptional alluvial stones on plots number six and eight on the project Lulo, we also carry out a systematic exploration program to locate a kimberlitic source of these diamonds," - he added.
Endiama CEO Antonio Carlos Sumbula (Antonio Carlos Sumbula) said that the discovery of diamond weighing 404.2 carats, is a "significant event".
"We are very happy to have found the biggest diamond ever mined in Angola", - he said.
Chairman Lucapa Dimond Maylz Kennedi (Miles Kennedy) told news channel ABC, that this "extraordinary" white diamond can be estimated at more than $ 20 million.
"We have no experience in the evaluation of stones weighing 400 carats, but if you take other diamonds slightly smaller weight than this, we can understand that we are talking about a price of about $ 20 million ", - quotes the words of his ABC.
Lulo draft is 150 km from the mine Katoka (Catoca), running ALROSA and which is claimed, is the fourth-largest diamond mine, giving about 80 percent of the annual production of diamonds in Angola.
Post a Comment