May 17, 2020

De Beers Group partner to sponsor leading UK jewellery conference

De Beers Group
International Institute of Diamond Grading &
Dale Benton
1 min
De Beers Group partner to sponsor leading UK jewellery conference
The International Institute of Diamond Grading & Research (IIDGR), part of the De Beers Group of Companies, has today announced that it will sponsor...

The International Institute of Diamond Grading & Research (IIDGR), part of the De Beers Group of Companies, has today announced that it will sponsor the Company of Master Jewellers’ UK Jewellery Conference.

The conference, taking place at the East Midlands Conference Centre in the UK, is one of the country’s leading showcases for the UK jewellery trade’s year.

IIDGR provides Diamond Grading Reports and a concise Diamond Identification Report from it UK laboratory.  These grading standards and systems combine human expert analysis alongside machine data to create the highest standard of consistency, accuracy and integrity.

Jonathan Kendall, President of the IIDGR has praised the conference as an “important part of the UK trade year.”

“We are delighted to be a part of it, 2016 is proving to be a significant year for the IIDGR in the UK with a building awareness amongst the trade.”

Lucy Reece-Raybould, Executive Director of Business Development and Marketing at CMJ, said:  “Partnerships like this with IIDGR are really important to CMJ, as it ensure that our retail members are given the opportunity to work with the best in the business.”

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Jun 29, 2021

Vale invests $150mn to extend life of Manitoba operations

battery metals
2 min
Vale’s $150mn investment in operations at Thompson, Manitoba will extend mine life by 10 years

Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.

Global energy transition is boosting the market for nickel

The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.

“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.

“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”

Vale continues drilling program at Manitoba

Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.

“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.

“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”

The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history.  Mining of the Thompson orebody began in 1961.

“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.

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