thanks to babysham20 Oct 2017 20:52
News | Economic
Scraper diamond resin value up to $ 220 million - Everything is sticking to the quality of diamonds
Yesterday at 06:59
The diamond mine is based on the sketches of Northern Savo. Karelian Diamond Resources has shown its presence on the London Stock Exchange for over $ 220 million.
* A diamond mine is planned for Lahtojoki in Kaavin.
* Test examinations have been made last by Karelian Diamond Resources.
* The value of diamond engagement is estimated at over $ 220 million.
The scrap diamond's estimate of total assets is 2 225 000 carats, and according to a preliminary economic estimate, the diamond incision is worth more than USD 220 million. Details can be found at Karelian Diamond Resources at the beginning of August. According to the company, the mining may well be economically viable as long as its operations can be started.
Iltalehti did not seek Karelian Diamond Resources representatives to comment on Kaav's mine action plans and the value of diamond engraving. However, Kari A. Kinnunen, a researcher at the Geological Survey of Finland (GTK), can tell the realities about establishing a diamond mine at a general level.
Expectations and assumptions
- Only a listed company can tell what an estimate is based, Kinnunen says and remembers that he can only give a rough estimate of the sculptural diamond valuation.
Kinnunen says that before the arrival of Karelian Diamonds there have been more diamond companies in the region, and experimental drills have been made.
- At that time, a small amount of diamonds has been enriched and they have found out what their value is.
He says that diamond mine projects primarily determine what kind of diamonds are. Here is the size and purity of diamonds. The amount of diamond, that is, the amount does not yet alone tell whether it is economically reasonable to set up a mine.
Kinnunen has also made inquiries about the valuation of diamonds for scraping kimberlite deposits.
- Expectations and assumptions. Testing and enrichment will cost you, so you really want to make a wish that Kinnunen will open Karelian Diamonds figures.
- You have to know the worth of diamonds in a hundred tonnes, not just the number, Kinnunen summarizes.
The best instance
In Finland, about 30 diamond-sized kimberlit deposits have been found, of which Kaavin Lahtojoke is considered the best and most interesting.
Kinnunen estimates that if the Lahtojoki mine was realized it could inspire Finnish companies to become a diamond mine business.
Searching for diamonds is, however, risky and expensive. According to Kinnus, it often takes decades before the diamond engagement reaches the mine.
Water turbidity problem
Kinnunen is disappointed that the problems of the Talvivaara mine have stained the reputation of the entire mining industry in Finland. He says diamond mines are completely different from metal mines.
- The only problem with the mine is the same as in the Lemmenjoki River in Lapland, that is
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