Have successfully achieved all the goals

Kennady Diamonds Inc. It has successfully completed a program of the winter sampling for kimberlite Faraday (Faraday) in Canada received 555 tons of ore.
Gross sampling was performed using two large-diameter rig reverse circulation. Samples are processed in laboratories Geoanaliticheskih Saskatchewan Research Council (Saskatchewan Research Council Geoanalytical Laboratories, SRC ).
Drilling for the winter program 2017 started on January 19 and was completed on April 10. A total of 75 wells have been drilled with total length of 8030 meters.
President and CEO of Kennady Diamonds Rori Mur (Rory Moore) commented: "We are pleased to have successfully achieved all the goals of the 2017 winter program, we expect that we will be able to receive more than 1,000 carats of diamonds from three samples, which will facilitate the promotion of kimberlites. Faraday 2 and 3 to the intended resource, and Faraday kimberlite 1 becomes a target for further studies. "
Kennady Diamonds Inc. It controls 100% of the diamond project Kennadti- North (Kennady North), located in the Northwest Territories of Canada. It is adjacent to a diamond mine Gacho Quay (Gahcho Kué), a joint venture between De Beers Canada (51%) and Mountain Province (49%), which began production in late 2016.
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Established a code of ethics

The Israel Diamond Exchange (IDE) has published a code of ethics, written especially for her by the Israeli professor Asa Kasher (Asa Kasher), according to IDI portal.
IDE President Yoram u'Dvash (Yoram Dvash) said: "I am proud that I was the first president of the Diamond Exchange in the world that has established a code of ethics is very well combines IDE path - the path of transparency and clearly written rules.".
At a special signing ceremony in the IDE Professor Kasher said, "The Code of Ethics shows the public in the best possible light - and with the outside, and the inside of the Code of Ethics of the newly defines your personality, and his acceptance of you take responsibility for the entire diamond sector and make. great contribution to the Israeli economy. "
Among those who participated in the creation of a code of ethics, - the president of IDE Yoram u'Dvash, chairman of IDI Shmuel Schnitzer (Shmuel Schnitzer), chairman of the ethical code IDE Asher Dalum, Emma Yanover and members of the stock exchange committee.
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Able to adequately implement their own policies of recruitment

South Africa's National Union of Miners (National Union of Mineworkers, NUM) has accused the leadership of the joint venture Kimberley Ekapa Mining Joint Venture (KEM JV ) racism.
African News Agency quoted union representatives, who stated that the organization was also "very upset and concerned" by the fact that the management of the company blames on NUM leadership.
KEM JV was established in July last year when Petra Diamonds has entered into a joint venture with the diamond company Ekapa Mining in South Africa.
The NUM said that the contractor named one of the union members "baboon", and the company did not want to apply any sanctions as long as the union has not made them do it.
"Another relevant problematic mistreatment NUM leadership, especially its chairman and secretary There is an ulterior motive against them, and the company's management blames on NUM leadership." - said in the organization.
"The company is not able to adequately implement their own policies of recruitment, which is a cause for concern The company is busy hiring people who do not have the appropriate qualifications." - sums up in the NUM.
The organization "United communities affected by mining" (Mining Affected Communities United in Action , Macua) South Africa has accused the company of representatives of Ekapa Kimberly is that it works without the appropriate permits to mine.
Members of Macua claimed they mined diamonds in the land, on which the Ekapa site since 2003, providing an essential source of income for more than 8000 people, who are now "can not pay into the treasury taxes by more than 8 million rand per month" .
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A special exhibition area for the jewelry companies

The June Fair of jewelry and precious stones in Hong Kong, scheduled for June 22-25, this year celebrates the 30th anniversary and presents visitors a variety of exciting attractions, including the CORE Pavilion.
The exhibition, which this year is to raise more than 25,000 local and overseas buyers for the 4 days of its holding in the Hong Kong Exhibition and Conference Center (HKCEC), will launch the CORE Pavilion - a special exhibition area for the jewelry companies that support the exhibition of jewelry and precious stones in Hong Kong for many years, and consider Hong Kong a platform with which they develop their business.
"On this auspicious moment of the CORE debut pavilion, increasing the number of exciting attractions of the exhibition and its business opportunities, - said Wolfram Diener (Wolfram Diener), senior vice president of UBM Asia Ltd. - Some of the best jewelry will be showcased in the pavilion in Hong Kong ".
The CORE pavilion will be presented to 61 exhibitor.
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As part of the trial mining company managed to produce

Lucapa Diamond Company received $ 14.2 million to finance the acquisition and development of diamond kimberlite project Motae (Mothae) in Lesotho.
According to the company, the financing package was received on the basis of agreement to subscribe for shares from Westar Capital in the amount of 9.2 million Australian dollars.
At the end of September this year, Westar will pay a 5 percent fee to the subscription and 1-percent fee for the sale of control of the stock.
The financing package also consists of a six-month loan collateral in the amount of 5.5 million Australian dollars, along with the release of 11.6 million unregistered options to Westar.
"The package of financing, combined with existing cash Lucapa (including funds transferred to the project Lulo (Lulo)) will allow the company to perform phase-out schedule of payment to get 70% Motae project shares from the [Government of Lesotho] and continue the first phase of its development" - it said in a statement Lucapa.
During the first three years of operation Lucapa plans to process about 2 million tonnes of predominantly weathered, near-surface kimberlite material in the first phase of the project development with the planned volume 720 000 tonnes per year.
As part of the trial mining company managed to produce more than 23 000 carats of rough diamonds, including stones weighing up to 254 carats, and some diamonds sold for $ 41,500 per carat.
Lucapa are, which also owns the Lulo project in Angola in January signed an agreement to acquire a 70 percent stake in Motae for $ 9 million.
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The main producer of diamonds in Namibia is now Namdeb

Deputy Prime Minister, the presidential envoy in the Far East, Yuri Trutnev, the end of May undertook a working visit to Angola and Namibia. In Angola, in the framework of the visit Trutnev signed an agreement between Alrosa and Endiama of Angola to establish a venture to develop diamond deposits Luaxe (Luashe). In Namibia Trutnev, who co-chairs the Russian-Namibian Intergovernmental Commission, held talks on the expansion of economic cooperation in the development of mineral resource base in the nuclear field, mechanical engineering. In an interview to "Interfax" Trutnev told about the results of his talks with the Namibian authorities.

In order to enhance diamond cutting in Russian ALROSA opened in 2016 Eurasian Diamond Center (EATS) in Vladivostok, which reduced the time required to deliver the products to the two or three days. Indian KGK Group expressed its intention to establish a diamond cutting production in the Far East and said it is willing to invest about 500 million rubles in the construction of cutting and polishing enterprises in Primorye capacity of at least 15 million carats, according to the statements of the Corporation's development of the Far East.

"First you have to create an example of the competitiveness diamond cutting industry in the Russian Federation on the EATS site. Let us show that we can. Then let's see what else you need to establish mechanisms in order to create in Russia more jobs in this area. If we feel that the process of moving, but we need certain measures of state support, we are ready to consider different proposals. You can, for example, from ALROSA to take a little less dividends, but the use of the company's profits to support the cutting and polishing businesses, "- said Trutnev.

Namibian shelf

Asked about the possibility of working in offshore fields, he said: "The interest in this company has. This is an economic issue. I believe that the administrative intervene in such subjects do not need to. It is necessary to calculate how much it cost to ship, what is the content of diamonds in the excavated materials and their possible cost, the payback period of the project. As a result, the attractiveness of the project is compiled pattern. "

"There is only one problem - the content [in the areas of the shelf] are very different, in some areas of the difference in content is almost 100 times. Therefore, the economic analysis will be somewhat rough, "- said Trutnev.

However, Alrosa wary of such projects, said Deputy Prime Minister, it is the acquisition of new equipment and exit to a new kind of production. "They will think now while no decisions have been taken", - he added.

ALROSA also received an offer to cooperate with Namibia in diamond sales, Trutnev said. Acquire for this license and develop deposits necessarily, he said. "There was an offer to work together in terms of sales. We have gone from De Beers for more than 10 years ago, Namibia is now a step-by-step away from De Beers. Why not think about joint initiatives in marketing? This would save money and work more efficiently, "- said Deputy Prime Minister.

The main producer of diamonds in Namibia is now Namdeb (on an equal footing owned De Beers and the Namibian government). Last year, Namdeb produced 1.57 million carats, cut its output by 11%. Nevertheless, the "daughter» Debmarine increased its operations in the offshore Namibia last year.

ALROSA's presence in Africa is now limited to Angola, where the Russian manufacturer owns 33% in the Catoca mine, which occupies the 4th place in the world in terms of production. In late May, an agreement was signed between Alrosa and Endiama of Angola to establish a venture to develop diamond deposits Luaxe (Luashe). Moreover, ALROSA jointly with Botswana Diamonds is engaged in exploration of diamond deposits in Botswana, another region of De Beers's presence, the leading country of the cost of mined diamonds.
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Proposals on personnel training and laboratory services

Gemological Institute of America (Gemological Institute of America, GIA) plans to demonstrate its new M2M TM service to create a digital history of natural diamonds. Also, the Institute will offer a wide range of other services to the JCK Show in Las Vegas.
Service M2M TM tells digital stories of natural diamonds. GIA will also present its new easy-to-use tool to determine mounted and separate natural diamonds, services for colored gemstones, will hold screenings of synthetic diamonds and many others.
Executive Vice President and Chief Scientific Officer GIA Tom Moses (Tom Moses) and researcher at the GIA Dr. Evan Smith (Evan Smith), lead author of a recently published Science magazine article diamond geology, will discuss the latest research of synthetic diamonds GIA and describe the new device detecting GIA synthetics and mounted for individual diamonds.
The GIA added that, as usual, representatives of the Institute at the booth will be available to discuss the proposals on personnel training and laboratory services to companies and professionals in the jewelry industry. They will also be able to share information about educational materials GIA and retailers to support the program.
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To accelerate the exploration program

Lucapa Diamond and its partners have been able to accelerate the exploration program at Lulo kimberlite (Lulo) in Angola after the end of the rainy season, which limited the performance of work in the last two quarters.
A company registered on the stock exchange ASX, said that the presence of additional drilling rigs has also helped to improve the drilling on priority tasks, including sections L13, e14, L15 and L242.
"The main task for us - to find the primary kimberlite source or sources of exceptional alluvial diamonds that we produce at the Lulo is still too early to talk about something specific, we are already seeing very encouraging results in the primary material and in terms of content of indicator minerals." - said the executive director of Lucapa Vezeroll Stephen (Stephen Wetherall).
"Advance Timing Analysis EM data has already led to the discovery of kimberlite pipe L14 in our high-priority area and only 2 km upstream of the mining block 8 (Mining Block 8) on Kakulia River (Caculio)".
According to him, the final analysis and interpretation of the data is expected to further improves the understanding of the existing and identify new targets on which drilling can be carried out this year.
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Learned in testing and putting the project into operation

Diamcor Mining produced a rough diamond of octahedral shape weighing 5.36 carats green during the original processing of ore material ranging in size from 1.0 to 0.45 mm, which is currently underway on the site Krohn-Endora (Krone-Endora) Venice Project ( Venetia) in South Africa.
This diamond was sent to Antwerp, together with other rough stones mined in the framework of current activities on the project.
                                                         
"The value of this untreated green diamond for the company is currently unclear, but given the rarity and the potential high cost of green diamonds, the analysis of the diamond will be held in the coming weeks to help companies determine the best course of action in respect of this stone" - said in Diamcor.
"In some cases, radiation can lead to the fact that the outer surface of the rough diamond is green, as apparently happened with two very small diamonds of lower quality, previously learned in testing and putting the project into operation," - added to the company.
Although the initial analysis may give some idea of green rough diamonds, the company has yet to decide whether to cut and determine whether the diamond retains its green color throughout the entire volume or green color is limited only to the outer surfaces.
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The limitations associated with small lot sizes

Kennady Diamonds announced that as part of the gross sampling for kimberlite pipe Faraday-2 (Faraday 2) Canada 737.6 carats of diamonds were recovered.
The total size of the diamonds + 0.85 mm were extracted from 262.6 tons of rock at a content of diamond in carat 2.81 per ton, and the weight 45 rocks possess one carat or more, and 12 of them were white.
The biggest stones include 4.72-carat white colorless diamond with few inclusions; 4.28-carat white transparent stone with visible inclusions; as well as transparent diamond of 3.45 carats of brown color with visible inclusions.
"We are very pleased with this excellent result Faraday-2, since it confirms the high level of diamond content, which was first discovered in the selection of 21-tonne sample in 2016. Moreover, even with the limitations associated with small lot sizes, quality and size characteristics of diamonds with Faraday-2 today is better than the stones extracted from the project Kelvin (Kelvin) ", - said the president and CEO of Kennady diamonds Rori Mur (Rory Moore).
"The number of white diamonds in the game with Faraday-2 is significantly higher compared to the Kelvin, and it has a fancy yellow stones, among which even the carat diamonds are observed", - he added.
After the full results of the gross sampling, WWW International Diamond Consultants in Antwerp, Belgium, will conduct an independent evaluation of diamonds with Faraday together with modeling income will be obtained. It is expected that this work will be completed in July or early August.
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