Diamcor Sells $1.4M of Rough in 3Q

By Rapaport News / December 25, 2018 / www.diamonds.net / Article Link

RAPAPORT... Diamcor Mining's rough-diamond sales rose 62% year on yearto $1.4 million in the third fiscal quarter. The company sold 7,162 carats during the period which ends December 31, for an average price of $196 per carat, it said last week. At its December tender, the last of the quarter, the miner garnered$303,138 from the sale of 1,905 carats, at an average price of $159 per carat.Diamcor had offered approximately 2,257 carats at the tender. The company will include theunsold balance of just over 351 carats in its first tender of the fourth fiscal quarter,which will take place in January. Diamcor owns and operates the Krone-Endora at Venetia project in South Africa. Image: Rough diamonds from the Krone-Endora at Venetia project. (Diamcor)

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok