DiamondCorp nets R6.5m in run-of-mine diamond sales

June 14, 2016

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Dual-listed DiamondCorp has achieved its highest prices yet after selling two run-of-mine (RoM) diamond parcels ahead of a larger diamond tender in Antwerp planned for month-end. About 1 838 ct of RoM kimberlite diamonds and 1 679 ct tailings diamonds were bought by South African diamantaires at an average price of $189/ct and $53/ct respectively, netting the Southern African diamond mining, development and exploration company proceeds of $436 597, or R6.5-million.

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