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Diamcor’s latest diamond tender earns it $856 000

3rd September 2013

By: Creamer Media Reporter

  

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JOHANNESBURG (miningweekly.com) – TSX-V-listed Diamcor Mining has sold 4 752.95 ct of rough diamonds for $856 119, or an average of $180.12/ct, from its Krone-Endora at Venetia project, in South Africa.

The majority of the rough diamonds sold were recovered in conjunction with ongoing testing and commissioning exercises on material in the 1 mm to 12 mm size fractions, as well as the initial processing of material in the larger than 12 mm to 26 mm size fractions.

This compares with the company’s previous two tenders, in November 2012 and July 2013, during which it sold diamonds at an average of $142.71/ct and $133.03/ct respectively.

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Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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