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Showing posts with the label rough tender Dubai 2021

Diamcor delivered 4,174.36 carats upon resumption!

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2,054.88 carats of rough diamonds Tendered and sold in early February!   Diamcor Mining provided an update on the resumption of operations following the required suspension lasting for the majority of 2020 due to the unprecedented events associated with Covid-19.  The Company is making considerable progress increasing processing volumes, diamond recoveries, and revenues since resuming operations.  From December 2020 through January 20, 2021 the Company had delivered 4,174.36 carats of rough diamonds for tender and sale. In a summary key highlights are, 1: Tailings processed during the processing plant initial restart optimization yielded 666.75 carats of rough diamonds generating gross revenues of USD $79,000 equivalent to USD $118.49 per carat.   2: The subsequent processing of quarry material has now resumed, and 1,452.73 carats of rough diamonds from initial exercises were tendered and sold generating gross revenues of USD $266,705, resulting in an average price of USD $183.59 p