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Saturday, July 15, 2017
In DiamondCorp noted that two parcels of diamonds from the mine Lace (Lace), are ready to become part of a larger diamond tender in Antwerp at the end of this month, we were sold diamantaires from South Africa, as the reserve price on the lot data have been exceeded in the course of their export from the country .
Two parties were held from 1838 carats of diamonds mined at the mine itself, and 1679 carats in the framework of processing tailings at Lace.
The average price per carat of data batches of diamonds amounted to an average of $ 189 and $ 53, and the total cost of the two parties - $ 436 597.
"Every tender the company consists of a number of export supplies, each of which is given a 4-day period in which licensed in South Africa diamantaires can standing offer price for the exported diamonds, "- said CEO Pol Laudon DiamondCorp (Paul Loudon).
"If the reserve price set by DiamondCorp for parcels of diamonds, diamond dealers will lower rates, the company will be obliged to sell a diamond buyer who offered the highest price," - he added.
Meanwhile, prices for diamonds batch data were the highest for the diamonds mined at the Lace mine. The company expects that the average cost of the stones will be only $ 164 per carat.
"Higher prices for our diamonds reflect an increase in the size of the bottom of the screen cell with a 1.00 to 1.25 mm, and a portion of the recovered diamonds weighing over 4 carats" - continues to Loudon.
In DiamondCorp reported that two of the three underground trucks, purchased in April, which needed repair, will be put into operation by the end of this month. At the same time, the company has bought another one, nearly new loader. Through this DiamondCorp it intends to increase volumes by July loading ore onto a conveyor belt up to 30 000 tonnes per month UK4 block.
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According to official data, retail sales of jewelry and gold in China increased by 4% in October compared to the same period last year, to $ 3.9 billion.
According to the National Bureau of Statistics of China, the total amount of jewelry sales in January-October increased by 7 % , 1% and amounted to $ 39.25 billion compared with last year.
In the first half of 2015, sales of gold, silver and jewelry rose by 5.2% to about $ 25 billion. Last year, total sales of such products reached $ 47.8 billion, compared with 47.5 billion in 2013.
According to the World Gold Council (WGC), purchases of gold bars, coins and jewelry in the third quarter increased by 8% to 1121 tons amid falling prices, which spurred demand. Demand in China grew by 13% and amounted to 240 tons, WGC said.
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