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Bomboko mine expansion

Pan plant at the
Bomboko mine in
Guinea
 
London, England — MININGREVIEW.COM — 23 July 2009 – The board of AIM-listed diamond miner West African Diamonds (WAD) has announced that is to undertake a substantial increase in the rate of production at its Bomboko alluvial diamond mine in Guinea.

In a statement issue here the company revealed that it was now expanding production from 3 500 to 35 000 tonnes per month, and that based on current production it expected a grade of 7cpht.

It added that the expanded production plant was currently being commissioned, and that the higher production rate was expected to be in place within eight weeks.

The WAD board also reported that a sample diamond parcel weighing 433 carats had been sold in Antwerp for US$50 270 (R400 000). The largest stone “’ a 16.27 carat gem “’ had been sold for US$1 000 (R8 000) per carat, with the remaining 420 carats being sold for USD34 000 (R272 000).

WAD deputy chairman James Campbell commented: “We are pleased with the progress at the Bomboko Mine.The price per carat from what was a spot sale of a small sample is most encouraging. Combining the carat value with the grade gives an economical return per tonne of gravel mined. We are moving quickly to expand production to 35 000 tonnes per month, and all essential equipment is on-site and is currently being commissioned,” he added.

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