05 Dec 2022
DiamondWorld Directory
Home |
DiamondCorp garners $782,455 from Lace diamond sale
The sale included 7,121 carats of diamonds being sold
By: Diamond World News Service
Sep 29 2016 10:37PM
Reference: 13469  

DiamondCorp, the Southern African diamond mining, development and exploration company announced that diamond sales from the Lace diamond mine.

The sale garnered $782,455 in total revenue, with 7,121 carats of diamonds being sold in the current three months through a combination of direct sales and competitive tender.

The 7,127 carats comprised 4,863 carats of diamonds recovered from kimberlite mining and 2,258 carats of diamonds from tailings production and fine diamonds less than 1.25 mm.

The Company experienced good demand for its production in all size categories and all lots offered for sale were sold.

The company noted that prices achieved in each size fraction offered for sale were in line with prices achieved in April, with the exception of cheaper goods where some weakness was experienced.

A total of 5,716 carats were sold by a competitive tender in Antwerp. A further 1,406 carats of kimberlite diamonds were also sold by direct sales in Johannesburg and an 8.7 ct stone was sold earlier in the period for $5,700/carat.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 32019
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 9523
GJEPC Chairman Interview
Views: 28124
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 39360
Promo for IJ Awards 2012 at NDTV Profit
Views: 57062
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 68555
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21880
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 50923
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 53105
Member of:
Supporter of: