Wednesday, July 12, 2017

Chair of the Kimberley Process (KP) from the UAE Ahmed Bin Sulayem (Ahmed Bin Sulayem), has proposed a fair and independent funding of non-governmental organizations (NGOs) under the KP Certification Scheme.
Under the proposal, headed by the chairman of the KP to establish a fund that would allow African NGOs to participate on equal terms in the review visits and missions, as well as intersessional and plenary meetings of the KP as observers, according to a press statement.
KP Chair stated that he intends to ensure that a decision on his proposal was included in the final communiqué of the upcoming plenary session of the KP in Dubai 13-17 November. After that, until the end of the year it should be taken by the UN General Assembly.
The proposal to establish a fair and independent funding for African NGOs follows the recent invitation of the Chairman KP directed to all members of the Coalition of Civil Society (Civil Society Coalition, CSC), to be present at the forthcoming plenary session of the KP in Dubai, United Arab Emirates.
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Speaking at the opening session of the World Jewelery Confederation Congress (Confédération International de la Bijouterie, Joaillerie, Orfèvrerie des Diamants, Perles et Pierres, CIBJO), which started yesterday in Yerevan, President of CIBJO Gaetano Cavalieri (Gaetano Cavalieri) thanked President Serzh Sargsyan for participation in the event, saying: "We do not believe it for granted and see it as a badge of honor, not only for our organization and jewelery industry, but also for our host country, headed by Gagikom Gevorkyanom, as well as for men and women who trudyats I'm part of the Armenian Jewelers Association. "

Turning now to the audience, he welcomed the leaders of international industry organizations and associations related to the jewelry industry, which participated in the Congress of the CIBJO, including the Chair of the Kimberley Process Ahmed bin Sulayem (Ahmed Bin Sulayem), President of the World Diamond Council Andrei Polyakov and executive director of the Council on responsible jewelry practices (responsible Jewellery Council, RJC) Endryu Bouna (Andrew Bone).
In his speech, Gaetano Cavalieri stressed the independence of the World Jewelery Confederation, as well as its commitment to serving the interests of all players in the industry of precious stones and jewelery, regardless of the value of their businesses.
«CIBJO is the only organization working in the industry, which considers its sphere of interest and responsibility whole distribution chain, from the mine to the consumer, in each country and region, which produces and sells jewelery and precious stones. We have no restrictions on the business size of individuals or organizations that we serve, and this means that our commitment to the well-being of small players as solid and absolute, as well as our commitment to ensure the interests of the larger players in the business ", - said he.
"Our work in the CIBJO is to develop standards, terminology, policies and systems that will enable all individuals and companies to work honestly and responsibly. They change over time under the influence of economics, geopolitics and, in particular, technological developments. That is why the work of our sectors and commissions never ends, "- continued the President of the World Jewelery Confederation.
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Botswana Diamonds said that as part of the early stages of re-concentrate analysis of drilling wells of large diameter diamond experts have discovered the Russian Alrosa. Drilling was performed on AK21 kimberlite pipe section 260 in PL Orapa (Orapa), Botswana.
Stone has an octahedral shape and has a size of 1 mm.
"The discovery of a diamond the size of 1 mm in the first 20 kg of material is a positive development we now know that the kimberlite pipe contains diamonds -. The chairman of Botswana Diamonds Dzhon Tiling (John Teeling) -. We will continue to work with the material."
Currently, analyzed an additional 60 kg of rock.
According Teeling, a joint venture between ALROSA and Botswana Diamonds attributes section PL 260 in the Orapa diamond great potential detection.
"We have already identified anomalies that merit In addition, the earlier drilling helped find a few diamonds, although the quality of the non-profit." - continues the director general of Botswana Diamonds.
Says Teeling, the company plans to carry out a new program of drilling large diameter holes in the Kimberley.
Previous drilling program was completed on the AK21 in April last year.
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Lucapa Diamond Company and its partners will conduct two diamond sales in the fourth quarter of this year. Meanwhile, the company continues to produce large stones on its Lulo diamond mine (Lulo) in Angola.
The next sale of diamonds is scheduled for mid-November. It will include mined in September stones weighing 172 and 104 carats of type IIa and color D.
After November sale of diamonds from the Lulo scheduled for mid-December 2016, in which customers will be offered a diamond weighing 72 carats type IIa and color D.
Sociedade Mineira the Do lulo, a joint venture Lucapa and its Angolan partners, extracted record 8853 carats of diamonds from the alluvial deposits in the third quarter.
In Lucapa also noted that the average size of an exceptional mined diamonds of 1.9 carats and was a record in the last quarter. The average diamond content of 13.7 carats per 100 cubic meters of rock.
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Tuesday, July 11, 2017

Chair of the Kimberley Process (KP) of the United Arab Emirates in 2016, Ahmed bin Sulayem (Ahmed Bin Sulayem) published a mid-term report, which includes such key initiatives KP as visiting diamond deposits in Africa; initiating a series of workshops on evaluation of rough diamonds; and a proposal that explores the use of "blokcheyn" technology (the chain of transactions of blocks) in order to strengthen security measures.
Ahmed Bin Sulayem said in connection with the issuance of the report: "This year, the chairman of the Kimberley Process has taken concrete steps to support the efforts of the various groups and monitoring groups, to ensure that some of the poorest countries-producers of diamonds in the world can join or return to the family CP and to receive a fair share of the revenues generated by rough diamond production and exports. "
Ahmed Bin Sulayem, chairman of the KP from January 2016, has been active not only in upholding the principles of the Kimberley Process, within the scope of its competence and aimed at to promote the development of legal and trade diamond mining them, but also in the establishment of close cooperation between governments and KP working groups in order to disseminate the ethical work practices and excellence.
The report also provides a preliminary overview of the activities for the remainder of the year, including the KP plenary meeting (13-17 November), to which Dubai will bring together industry representatives from around the world to discuss the future of the diamond industry.
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After the decision of the First International Bank of Israel (First International Bank of Israel, FIBI ) to tighten their lending standards for the diamond industry The Israel Diamond Exchange (Israel Diamond Exchange, IDE) has promised to challenge the decision, according to a report published Rapaport Agency.
In connection with the introduction of FIBI Bank increased requirements for collateral when lending to the diamond industry IDE President Yoram u'Dvash (Yoram Dvash) sent a letter to members of the stock exchange, which has promised to lobby the public authorities and to convince the bank to withdraw.
In his letter u'Dvash notes: «FIBI changed its policy, but what is worse, from our point of view, is the fact that it was pressured by the department for supervision of banks in the Bank of Israel (Bank of Israel). You can not give it a unilateral decision to establish itself without a fight. All bank executives and regulators know that diamantaires are a vital part of the Israeli industry and important for the country's banks. Our business is stable and well-proven, and no relationship or programs directed against him, will not create an adverse situation for us. "
IDE plans to hold an emergency meeting after the summer holidays this month, when the market will reopen on August 28. IDE also intends to invite public figures from politics and business to participate in the discussion of this problem.
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Mustang Resources found another deposit of rubies in its concessions Montepuez (Montepuez) in the northern Mozambican province of Cabo Delgado.
This Australian mining company, which also has a controlling stake in two exploration licenses diamonds along the Sava River in central Mozambique, has found 19 more rubies, bringing the total number of found stones to 29, a total weight of 5.79 carats.
"The fact that our prospecting party produced 29 high-quality rubies, today is a very encouraging factor and once again points to the potential value of the stones, which can be produced on the project Montepuez," - said Managing Director Christiaan Jordaan (Christiaan Jordaan), the words which leads the Mozambique news agency (Agência de Informação de Moçambique).
Mustang Resources is developing the field from the outset, taking away small samples in various alluvial areas.
After compiling a geological region Mustang card should go to the bulk sampling program, as indicated by the news agency.
The sample will include the processing of the material at a rate of 800 tons per day in order to get a better idea of the distribution of the precious stones in their classes and sizes in this field.
Montepuez Ruby Project consists of three concessions covering an area of 15.8 hectares next to the world's largest deposit of ruby, which is mining company Gemfields.
Last month, Mustang Resources announced its first discovery of 10 rubies in its initial sampling program.
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Tanzania received $ 4.3 million from the sale of tanzanite gems at auction, which lasted four days and was held in Arusha, northern capital.
Coastweek edition reports that the government of Tanzania has earned more than $ 170,000 in royalties from this auction, but does not indicate how many carats of tanzanite were sold.
Deputy Minister of Energy and Mineral Resources Mdoe James (James Mdoe) said that the auctions for the sale of tanzanite help the country curb smuggling.
Tanzania is losing millions of dollars in tax revenue due to smuggling and illegal mining of tanzanite.
Regional Commissioner Manyara region (Manyara) Dzhoel Bendera (Joel Bendera), said that the auction for the sale of tanzanite should continue if the country is to receive a steady income from these rare stones.
"Auctions have become an effective tool in reducing the smuggling of precious stones, as miners and dealers can get a higher price, working in this field", - he added.
According to Bender, the Government of Tanzania will continue to ensure the safety and security of precious stones, countering smuggling.
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Alrosa diamond mining is not considering the issue of the participation in the bidding for Sukhoi Log gold deposit and is not addressed in this regard to the government, he told reporters Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District Yuri Trutnev, who oversees the company.
"Alrosa could not stand such questions to the government. If they come out with such a proposal, it will be discussed in the Board of Directors. Then we will form an opinion in the government and the board of directors. While this proposal was not discussed ", - he said.
Asked about his personal position on the participation of ALROSA in Sukhoi Log and diversification in the gold business, Trutnev said: "There are two very different ways (of companies - IF). There Monoprofile company and they have a number of advantages. (There is a way of diversification). There are, in my opinion, both of them. What is right - I do not know, do not do so in detail ALROSA ".
Sukhoi Log - one of the world's largest gold deposits. According to the State balance of mineral reserves, the Sukhoi Log contains forward gold reserves by categories B + C1 + C2 in the amount of 1,953 thousand tons, silver -.. 1,541 tons, off-balance reserves of gold - 799 tons. It has the potential to increase the resource base - projected gold resources P1 + P2 constitute 1,015 tons..
The Russian authorities have for many years discussing an auction for Sukhoi Log. In the past, the process has intensified.
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In July 2016 India's polished exports rose by 0.85% to $ 1.65 billion, versus $ 1.63 billion in July last year.
By volume diamond export totaled 2.5 million carats against 2.8 million carats a year earlier. This is evidenced by the preliminary data of the Council to promote the export of gems and jewelery (Gem and Jewellery Export Promotion Council, GJEPC).
Rough imports in monetary terms, meanwhile, grew by 27.26% to $ 1.39 billion in July 2016, compared to $ 1.09 billion in July 2015. In volume diamond imports increased to 11.44 million carats against 9.34 million carats in the same period last year.
Rough diamond exports from India grew by 84.78% in July 2016 to $ 110.39 million, compared to $ 59.74 million a year earlier. By volume, the figure rose to 2.61 million carats against 2.21 million carats last year.
Polished diamond imports to India rose in July 2016 by 2% to $ 272.45 million from $ 266.87 million in July 2015.
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