Petra Diamonds has entered into a joint venture agreement with Ekapa Mining last year, which brought together three operations in Kimberley, South Africa.
The consolidated operations include underground mines in Kimberley Petra, rock dumps companies Ekapa Mining and Kimberley Mines.
According to Mining Weekly, Macua members argued that they mined diamonds in the land, on which the Ekapa site since 2003, providing an essential source of income for more than 8 000 people, which are now "can not make tax coffers by more than 8 million rand a month. "
They also stated that in September last year in the area there was a case of theft of property and arson, but since "this incident was not reported anything."
"When we mine (diamonds) on the same land, we arrested Why.?" - questioned representatives Macua.
Diamond Kimberley resources rock dumps constitute a strand of 2.8 million carats.
In the first three years of operation of the project Kimberley Ekapa expects to produce about 700,000 carats a year, while the income could be about $ 65 million per year, based on the alleged diamond price of $ 95 per carat.
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Hong Kong's diamond market grew in the first quarter of 2017 against the backdrop of the increase in imports of these products by 11% to $ 4.71 billion for the three months ended March 31, according to data recently released by the Diamond Federation of Hong Kong (Diamond Federation of Hong Kong). By volume of diamond imports rose by 3.4% to 5 million carats, while the average price rose by 8% to $ 949 per carat, according to Rapaport.
In the first quarter the volume of the diamond trade in Hong Kong has increased since diamantaires visited the Hong Kong International Exhibition of diamonds, precious stones and pearls (Hong Kong International Diamond, Gem & Pearl Show) in March.
Polished diamond imports to Hong Kong from India increased by 20% to $ 2.26 billion during the quarter.
Meanwhile, polished exports increased by 6% to $ 3.39 billion during the same period, resulting in a net import of polished stones rose 29% to $ 1.31 billion.
Diamond imports in Hong Kong fell 10% to $ 336 million, and their exports increased by 6% to $ 491 million. net rough diamond imports totaled $ 155 million compared to a net $ 91 million of exports in the same period a year earlier.
The balance of the diamond trade in Hong Kong in the first quarter, which is calculated as the difference of total exports of diamonds and diamonds of total imports, increased by 25% to $ 1.16 billion.
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