Finland's Karelian Diamond Resources PLC announced that it has identified a number of areas in the project Lahtoyoki (Lahtojoki), which may contain diamondiferous anomalies.
"The presence of additional potential diamond resources in the areas adjacent to the project Lahtoyoki can potentially increase the financial and technical fields attraction" - the company says.
Karelian Diamonds now working on obtaining the rights to the exploration of new areas, and in June of this year, she won the right to mine diamonds in the area.
Professor Richard Conroy (Richard Conroy), chairman of Karelian Diamonds Board of Directors, said: "I am pleased with the fact that the interpretation of geophysical data and kimberlite indicator minerals in the area around Lahtoyoki suggests the discovery of new diamond resources in the immediate vicinity of the famous diamond mine on the project . If we can confirm our assumption diamond mine project prospects in this sector will improve. "
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Stornoway Diamond Corporation has released an updated estimate of mineral reserves and a new plan for Renard diamond project (Renard) in Canada. According to the company, the amount of probable ore reserves at the project increased by 25%, from 17.9 million to 22.3 million carats. Due to this the mine life cycle was extended from 11 years to 14 years.
The average content of diamonds in the Renard was 67 carats per hundred tons of rock. Diamond production in the first 10 years of mine development may amount to an average of 1.8 million carats per year. Stornoway plans to produce 1.9 million carats and sold 1.4 million carats by the end of 2017.
According to the forecast of the company by the end of September 2016 at the Renard project will begin processing breed, and commercial production will start before the end of December 2016, five months faster than the previous schedule.
Matt Manson (Matt Manson), President and CEO of Stornoway, commented: "During the six months remaining before the scheduled on Renard beginning of diamond mining, we have upgraded mine plan and revised reserve estimates from studies of 2013 and 2015. This was done in order. to take advantage of the opportunity presented to us by the ahead of schedule, operating profit and processing capacity of the breed. The new plan shows a gradual improvement in the cost of the project, the average level of extraction of diamonds in carats, living n Ikla mine and assessments occurring resources. We look forward to your experience for the completion of the Renard project, which will begin production at the end of this year. "
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