Tuesday, May 30, 2017
Advertising in the front section
Advertising in the front section of the September Vogue editions, Harper's Bazaar, W, Glamour, InStyle and Elle highlights the designers David Yurman (David Yurman), Michael Kors (Michael Kors), Diane von Furstenberg (Diane von Furstenberg) and Donna Karan (Donna karan) with models in jewelry only of metal.
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Stornoway Diamond Corporation, which owns the project Renard (Renard) in Canada reported that the average price per carat of diamonds fell in the first quarter due to a higher than expected proportion of breakage of diamonds within the expansion of production, which resulted in a net loss for the quarter in the amount of $ 3 million.
in the first quarter, the company sold 459,126 carats for $ 48.5 million. also, she was able to produce 385,151 carats at an average grade of the ore at the level of 92 carats per hundred tonnes. Meanwhile, the predicted production of 369,307 carats at a content in the ore at the level of 91 carats per hundred tonnes.
In Stornoway noted higher efficiency in the extraction of smaller diamonds despite the increase in damage stones. Total sales of diamonds since the beginning of the development project Renard made to date 498 039 carats at an average price of $ 83 per carat at a target price of $ 110 per carat.
"This quarter marks the first time the full operating load Renard mine. The production volumes, the progress of development of the underground mine and production in carats remain above the predicted values. Production costs and capital expenditures correspond to the budget. The prices achieved in the first tender, represent a large share of diamond breakage as compared to normal levels observed in the first months of production capacity. at the price is also affected by higher volume production of small diamonds and held in John . uu demonetization However, we are seeing positive trends in terms of quality of production of our diamonds, and prices in the diamond market We are particularly pleased with the way the market has accepted the first diamonds from Quebec, "-. said the CEO of Stornoway Matt Manson (Matt Manson).
"We continue to increase production, and remains the quality of extraction of diamonds and sales growth in the focus of our operations", - he added.
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