Average rough price per carat increased!
Diamcor achieves average USD $298.97 Per carat in February 2021 sale Diamcor Mining announced the final results of the Company’s second tender and sale of rough diamonds recovered from the processing of quarry material since resuming operations as announced on January 25, 2021. These results again demonstrate the potential for increased average dollar per carat values from the operational and processing refinements made by the Company. The Company’s second tender and sale of rough diamonds held in Dubai UAE was completed during the first week of February 2021. A total of 2,028.33 carats of rough diamonds recovered from the processing of quarry material were tendered and sold, generating gross revenues of USD $606,415, resulting in an average price of USD $298.97 per carat. The tender and sale include two rough diamonds in the specials (+10.7 carats) category, 1: One 10.70 carat gem quality diamond typical of historical specials recovered & 2: One 14.16 carat gem qual