sorted rough diamonds

DIAMCOR SELLS $702,635 IN ROUGH IN SECOND TENDER

Sales of rough diamonds by Diamcor Mining’s second tender has raked in $702,635, according to Mining Weekly. The sale, which comprised of rough stones from the miner’s Krone-Endora at Venetia, totaled 3,265 carats, representing an average price of $215.20 per carat.

 

Three rough diamonds in the specials category were sold – a 12.80-carat diamond, a 12.89-carat gem quality diamond and a 13.51-carat diamond.

 

All in all, the second tender “brought the total rough diamonds tendered and sold from processing through the newly expanded facilities” to 6,165 carats, “with seven individual rough diamonds being in the specials category”. A third tender is expected before the end of the quarter. Diamcor CEO Dean Taylor noted: “We’re very pleased with the results of these initial tenders and sales of rough diamonds from our newly expanded facilities, especially at a time when many operators are experiencing lower-than-expected results due to continued weakness in rough diamond prices”.

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