The corporation Dominion Diamond Corp. He sold a 186-carat diamond, the largest produced to date on the Ekati mine (Ekati), for $ 2.8 million.
gem-quality stone was found in the kimberlite pipe Pigeon (Pigeon) Ekati mine in June, before the fire that stopped production at the mine. The company suspended production at quarries Lynx (Lynx) and Pigeon to save on costs, while it spent $ 15 million on renovations.
At the request of Dominion, enrichment plant returned to full operational capacity on 21 September. Ore reserves are 750 000 tonnes, mostly more valuable ore from the pit-Maine Misery and Koala pipes.
"Repair processing plant was completed ahead of schedule and cost cheaper than our original estimate of its value," - said General Director of the Dominion Brendan Bell (Brendan Bell).
Bell added that the discovery of 186-carat diamond is evidence of growth potential, which is an integral part of the pricing model used for the Dominion orebody Ekati.
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The Ministry of Trade and Industry of the Government of India is organizing a meeting on November 3, 2015 to consider initiatives for the precious stones and jewelry industry. The meeting will be chaired by Manoj Dwivedi, the joint secretary of the Ministry of Trade. The government is expected to expand the stimulation of the jewelry industry under this scheme.
The likely benefits of the new scheme will be divided into short-term and medium-term.
Short-term initiatives for up to one year will include the establishment of special customs zones for the sale of diamonds by mining companies; A reduction in the net profit margin with the Benign Assessment Procedure (BAP) in the diamond industry from 6% to 2.5%; Reduction of the import duty on gold and silver from 10% to 2%, on faceted colored gems from 2.5% to 0%, and for processed pearls from 10% to 2.5%; As well as a comprehensive policy on the gold industry, which includes the processing of precious metals and metal loans.
Medium-term initiatives for a three-year period will include consideration of the tax on imports of capital goods and supplies; Study of the possibilities of e-commerce and facilitating the movement of jewelry across the country through tax reforms; And, in addition, the provision of favorable financing conditions to increase production growth in the jewelry industry.
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