Diamond Mine Gacho Quay (Gahcho Kue) in the Northwest Territories of Canada, owned by De Beers Canada and Mountain Province Diamonds, can reach full power phase of commercial production within the next six weeks.
Diamond production at the mine, which is located in the Arctic region of Canada and is the world's largest new diamond project with the highest content of diamond is gradually increasing.
The average production is projected at 4.5 million carats over the expected 13 year life of the mine. De Beers owns 51% of the project, the remaining 49% owned by Mountain Province.
Very cold weather in December has caused some nasty surprises in the development of the mine, but the project continues to grow, said CEO of De Beers Bryus Cleaver (Bruce Cleaver) in an interview with Reuters.
At the same time, CEO of Mountain Province Diamonds Patrick Evans (Patrick Evans) said that the project for about a month behind schedule, but is expected to reach full commercial production in the next six weeks.
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The annual meeting on the mining industry and infrastructure of Zimbabwe began on Wednesday in the capital of the country, the city of Harare.
The two-day meeting will end on Friday at one of the best golf clubs in Harare, where delegates are expected to be able to conclude deals before leaving.
Participants of the congress will discuss beneficiation, financing, as well as problems facing the industry.
It is also expected that the official Harare will report on changes in the policy and strategy of the mining sector in the country, and will tell the delegates about the updated provisions of the Act on Mineral Resources and Mines of Zimbabwe.
Utho Capital, the organizers of the meeting, noted that mining, infrastructure and financing "are an integral part of the success of any economy,
Which is based on a raw material development model. "The organizers also said that the meeting will present" significant "and modern opportunities for various organizations and individuals
, and it will allow delegates to determine the possibilities of mining in Zimbabwe and be aware of developments in the mining industry of this country. countries.
it is expected that the Minister of Mines of Zimbabwe Chidakva Walter (Walter Chidhakwa) on Wednesday will deliver a speech at the meeting.
The mining industry is one of the leading sources of receipt of the shaft yutnyh means coffers in Zimbabwe.
Zimbabwe is the leading producer of platinum, and has deposits of chromium, gold and diamond, as well as other minerals and metals.
However, this country, Like many other African nations, faced a shortage of electricity, which recently forced the government to encourage mining companies to cut their electricity consumption by 25%.
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