BlueRock Diamonds announced that next month will resume processing of rocks on its operations Kareevley (Kareevlei) in South Africa.
The company worked on the completion of the modernization of the processing plant and the receipt of the rig, as well as the program of blasting operations to resume mining.
On Kareevley operations were suspended due to the resolution of the Department of mineral resources (DMR) SAR after checking July 6 showed need upgrading processing rock procedure and installation of safety barriers at the processing plant and the mobile equipment.
"Our work is now fully compliant with the DMR, and mine closure under Section 54 has been canceled", - said General Director BlueRock Voe Adam (Adam Waugh).
"Over the next few weeks we will continue to test the changes made in the factory, in the low-grade ore stockpiles," - he continues.
According Wow, the next stage of blasting was scheduled for the end of January. It should provide good quality rock and ready material for the completion of the new primary crusher.
"2016 was a difficult year for BlueRock Diamonds, but we have entered 2017 with cautious optimism", - concluded Voe.
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Senior representatives of the All India Federation of trade in precious stones and jewelery (All India Gems and Jewellery Trade Federation , GJF) and other major jewelry associations across India unanimously decided to continue the strike indefinitely to protest against the proposal of the Government to introduce excise duty on products of precious sector stones and jewelry. On this GJF it said in a statement.
It added in GJF, Indian jewelers and representatives of the organization recently held talks with Indian Finance Minister Arun Dzheytli, who expressed concern about the growth of imports of gold. Due to the increase of imports of gold current deficit trade balance can grow. Against this background, all jewelers have expressed an active and voluntary agreement to stop selling gold bars and coins to consumers.
Indian Association of gold and jewelers (Indian Bullion and Jewellers Association, IBJA ) today announced the general meeting with the Association of wholesale jewelry Mumbai (Mumbai Wholesale Gold Jewellers Association) March 9. The meeting will be held against the introduction of 1 per cent excise tax on jewelery in the India project budget for the 2016-2017 year.
As noted in the IBJA, all representatives of the industry of gems and jewelry in India are hoping that the rate of collection of excise duty will be canceled by the authorities.
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