Lucapa Diamond Company Limited published data on 147-percent jump in diamond production in the fourth quarter of last year compared with the same period of the previous year.
The mine Lulo (Lulo), which Lucapa has a 40-percent stake, was produced 5313 carats and achieved the highest quarterly production level during the Angolan rains. This Lucapa and its partners said in a statement.
The company sold two parcels of diamonds from the Lulo totaling $ 14.6 million, or 4,676 carats, at an average price per carat of $ 3111.
Thus, by reading the company's revenues for the entire 2016 was $ 51 million at an average price per carat of $ 2983. According to the Lucapa are, the highest price per carat achieved for any operating mine in the world in 2016.
In December, 79 custom-size stones were found weighing over 10.8 carats, compared with 28 in the previous quarter. Among them were four diamonds weighing over 70 carats and one stone of 54 carats.
The average size of the diamonds found during the quarter 1.9 carats compared to 1.3 carats in the same period the previous year.
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CEO of Rio Tinto Sem Uolsh (Sam Walsh), is expected to leave from his post July 1. His successor will be Jean-Sebastien Zhak (Jean-Sébastien Jacques), current head of the division of Rio Tinto copper and coal. To ensure a smooth transition of management functions Jacques will join the Board of Directors and will become Deputy General Director, said in a statement.
Chairman of the Board Zhan Dyu Plessis (Jan du Plessis) said: "Jean-Sebastien - a very experienced leader he has proven to be an excellent reputation, and therefore will bring to the management of the company's combination of strategic and operational experience, he managed complex operations and projects in five groups.. products on five continents. Jacques is a great leader who shares the strong values of Rio Tinto and the company's corporate culture. "
Jean-Sebastien Zhak said: "Rio Tinto is a world-class company with a number of good quality of assets, which also employs excellent specialists The fact that I was given the opportunity to lead the company, is a great honor and privilege We continue to grow their business and provide a profit.. for our shareholders. "
On July 1, 2016 Walsh will step down after seven years at Rio Tinto.
Zhan Dyu Plessis said: "With the unstable economic situation, Sam and his team modernized the business, reducing costs by more than $ 6 billion, ensuring the strengthening of the balance sheet and dividends to shareholders in the amount of more than $ 13 billion, Sam leaves Rio Tinto, which has become much more. strong company with a bright future. "
Sem Uolsh said: "I am very proud to have played a role along with all of our employees around the world to return to Rio Tinto in a leading position in the mining industry I have always wanted to do better, and I think I did it I would.. I forward to working with Jacques, the Board of Directors and the management during the transfer of new powers to the Director. "
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