Tuesday, December 31, 2013

KIMBERLEY FIRST DEAL

KIMBERLEY first deal

Australian mining company Kimberley announced the commission of the first sale 3,371 carats of diamonds from the processing of regolith (top layer of 1.5 meters) at the mine Ellendale Pipe 4. The average price of goods on the sale amounted to US $ 121 per carat, while a feasibility study conducted in November 2004 showed that the price should be about US $ 87 per carat. Diamond miner Kimberley is one of growing manufacturers. It is also one of the few companies who have successfully completed the development of the status of geological exploration companies to autonomously functioning diamond mining company.