Wednesday, July 12, 2017

The company Merlin Diamonds announced that it intends to resume production at its mine in the Northern Territory of Australia in October, after the regional government approved the plan of mining operations of the company.
Measured and indicated resources of the mine Merlin (Merlin) account for 4.3 million carats, and service life - 11 years, according to the company's website. The field consists of 14 kimberlite pipes, of which nine open way for five years, until the termination of operations in 2003, 507,000 carats were produced.
The company said that in preparation for the production began to pump water from the mine Kaye (Kaye). Company Foundation Resources, in whose activities include the development of technical plans for the extraction and re-commissioning of the diamond enrichment plant, Merlin helps in the realization of the project.
A significant part of the mine's infrastructure survived, and while some of the work you need to spend in order to start using it, the capital cost of a relatively low, said to Merlin.
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1 comment:

Pearl Necklace said...

Angola reported that its diamond sales in September amounted to about $ 99.25 million, which is 20% lower than the same period last year.
The Macauhub publication notes that the Ministry of Mining of Angola reported that on average 794,000 carats of diamonds were sold at an average price of $ 125 per carat.
In January-September of this year, Angola received $ 866 million from diamond sales.
This was an improvement over the same period last year, although comparative data were not provided.
Compared with the previous month, diamond sales in Angola increased by 24.5%.
Sales also improved in value compared to the previous month, by 20%.