WFDB (World Federation of Diamond Bourses, WFDB ) has announced changes in the composition of the executive committee. President Ernie Blom Federation (Ernie Blom) was the third time in a row was elected its chairman and president of the Israel Diamond Exchange (Israel Diamond Exchange, IDE) Yoram u'Dvash (Yoram Dvash) became vice-president of the WFDB.
Roni Anterman (Rony Unterman) was elected Deputy Secretary General of the WFDB, Mehul Shah (Mehul Shah), vice-president of the BDB, became the new general treasurer of the organization, will replace Dieter Hahn (Dieter Hahn).
The Council WFDB Directors includes Rami Baron (Rami Baron), Julien Draybums (Julien Drybooms), Anoop Mehta (Anoop Mehta), Lin Qiang (Lin Qiang), Alex Popov (Alex Popov), Reuven Kaufman (Reuven Kaufman), Nikhil Javert ( nikhil Jhaveri) and Peter Meeuws (Peter Meeus).
In addition, Michel Schonfeld (Michel Schonfeld) became the new Deputy Secretary General of the WFDB, Julien Draybums - Deputy Treasurer of the organization and at the same time its Honorary Life Vice President. Luiza Prayor (Louise Prior) became the executive director of the WFDB.
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The company Shore Gold announced that its losses last year jumped nearly tripled due to the high cost of exploration and evaluation of the project Star-Orion South (Star-Orion South) in Saskatchewan, Canada.
Shore Gold has recorded a loss of $ 7.1 million versus $ 2.3 million a year earlier. Expenditure on exploration and evaluation of the project increased sixfold, to $ 4.8 million.
The project is the Star-Orion consists of kimberlite Star (Star), the content of the diamond resources are estimated at 28.2 million carats, and Orion South Kimberlite (Orion South) with resources of 27.1 million carats.
It is expected that the new mine plan will be prepared by the company in 2016. Preliminary calculations indicate that the new plan and the feasibility study may increase the volume of content resources in the project, as well as lower capital expenditures before the mine development and reduce the time of commissioning of the project.
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