Amulet - a Canadian company established to purchase the assets disposed of at the head of Gareth Penny (Gareth Penny) and Diacore Diamond , a multinational diamond company with diversified interests in the diamond industry.
Amulet intends to acquire the option, effective from June 1, 2017 for up to 14 months, is to receive a 100 per cent interest in a subsidiary Firestone Botswana and 90 percent share in Monak Ventures, which represent the interests of Firestone in Botswana.
The Firestone pointed out that the Amulet must pay $ 100,000 immediately, and the remaining amount will be placed in the storage and it will be paid no later than 10 days after the exercise of the option.
Sale of assets should be agreed with the Antimonopoly Office of Botswana and approved by the Ministry of Mines of Botswana mining transmission control Monak shares in favor of the Amulet.
Meanwhile, the Firestone announced that Amulet will finance the construction and operation of the plant for processing of bulk samples, as well as carrying out their selection program BK11 mine in for an option period for further evaluation of the deposit.
"In addition, Amulet for an optional period and if the company will take advantage of the option, from the time when the option will be used until the completion of the transaction, should pay the current cost of care programs and maintenance BK11 at a maximum cost of $ 30,000 per month", - Firestone said in a statement.
"The company will also have the right to retain 10% of its revenue from diamonds sold within gross sampling program (after royalties and agreed costs) during this period", - concluded in Firestone.
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In Lucara Diamond reported that the company was able to get $ 54.8 million in the first tender this year "exceptional" diamonds from the mine cars (Karowe), or $ 31,010 per carat.
The tender consists of 15 lots of individual diamonds weighing 373.72 carats to 29.90 carats. The total weight of stones presented at auction was 1765.72 carats.
The company said that the seven of diamonds were sold for more than $ 2 million each, while the stone weighing 373.72 carats belonging to type IIa, went under the hammer for $ 17.54 million, or $ 46,935 per carat.
Three diamond was sold for more than $ 4 million each, including the stone weighing 182.47 carats, sold for $ 6.3 million.
"For the fifth year since the beginning of the production of the mine cars continues to provide constant high performance in tenders of ordinary and extraordinary diamonds, demonstrating strong operating performance source of raw materials and stable production of large and valuable diamond (special sizes weighing 10.8 carats), "- said CEO of Lucara Uilyam Lemb (William Lamb).
"As part of the tender achieved an average price of diamonds at more than $ 31,000 per carat, which is a further confirmation of the strong market demand for our diamonds," - he added.
According to Lamb, to date, failed to realize Lucara 145 diamonds worth more than $ 1 million, which brought the company about $ 528 million.
"These strong financial results maintain its dividend policy and growth strategy of our company", - concluded the Lamb.
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