GJ Town India

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: ...

Sales 1407.66 carats of rough Diamcor Mining announces the results of an initial tender and sale of rough diamonds for the Company’s fourth fiscal quarter ending March 31, 2019. The Company tendered and sold 1,407.66 carats of rough diamonds recovered from ongoing processing exercises performed at the Company’s Krone-Endora at Venetia Project, for gross proceeds of USD $384,928.86, resulting in an average price of USD $273.45 per carat for the rough diamonds tendered and sold. The tender included the sale of one gem quality rough diamond in the specials category (+10.8 carats), weighing 11.57 carats. An additionally about 1,858.92 carats of rough diamonds were also delivered prior to the end of January 2019, which included a gem quality 44.09 carat rough diamond, and a low quality 37.0 carat rough diamond.   These diamonds will be sold in a tender planned for later this month.        “We are pleased with the results of this tender and ...