Krone Endora at Venetia treatment plant
TSX-V-listed Diamcor Mining sold 2 989 ct of rough diamonds in July, marking a good start to its financial year.
The company generated about $744 000 from two sales held during the month, resulting in a combined average price of $248.90/ct.
The tender and sales included several rough diamonds in the specials category – larger than 10.8 ct in size.
Diamcor comments that overall demand and pricing in most of the rough diamond assortments tendered and sold by the company continue to meet or exceed expectations.
The diamond miner will offer additional rough diamonds in August and September.
Diamcor recovers diamonds from quarry material at the Krone Endora at Venetia project, in South Africa’s Limpopo province.