"From what I saw and heard from various sources, we can conclude that the results of the fair were higher expectations of participants. Given the slowdown in economic growth in China and Hong Kong, we do not expect exceptional performance, but the number of visitors was higher than expected, and by the customers definitely increased interest, although some of them were looking for specific products and did not buy high volumes of production ", - he added.
"Prices have been stable given the decline in production by the end of last year. Of course, there was resistance to the price, which is part of the negotiation procedure, but the important thing is that the mood at the fair were very healthy, and they were better than in 2015. The American the market is stable and even shows a slight increase, and I think we can entrust our hopes for the upcoming holiday season, which will take place the festival of Diwali, Christmas and Chinese New year, "- concluded Blom.
Fair in Hong Kong also was marked by a meeting of young diamanters WFDB 15 September. Launched only four months ago, the initiative has been the subject of wide interest among the younger members of the diamond industry from around the world, and in a meeting attended by a large number of participants.
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Kennady Diamonds Inc. Announced the results of drilling operations on its 100% diamond project Kennady North (Kennady North) in the Northwest Territories of Canada. According to the company's message, during the drilling operations it was discovered that Kelvin kimberlite at the northwest end of the field (Northwest Lobe), and Faraday 2 kimberlite (Faraday 2) at the western end (West Lobe) Beyond the current geological model.
Commenting on the results of the study, the president and CEO of Kennady Diamonds, Patrick Evans, said: "We are very pleased to discover that Kelvin Kimberlite continues beyond the current geological model. Drilling work, conducted last month, confirmed, That kimberlite extends from north to north-west for 120 m beyond the geological model. This means that the length of the kimberlite is more than 720 m, and not 600 m, as previously thought. "
Evans added: "Drilling on the Faraday-2 kimberlite also confirmed the length of the kimberlite pipe, this time from the northeast to the west. This means that the length of the kimberlite is about 300 m instead of the 240 m expected so far. The latest data on the intersections of kimberlites indicate that both Kelvin and Faraday-2 actually can be longer. "
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