Diamcor Mining sold 1,939.81 carats from the Krone-Endora, Venetia Project in South Africa, generating gross revenues of more than $478 000 in its first tender for the second quarter ending September 30, 2022.
The diamonds attracted an average price of $246.62 per carat.
“We are very pleased with the results of this first tender and sale early in the current quarter and continue to see strong demand for our rough diamonds given their overall quality,” said company chief executive Dean Taylor.
Meanwhile, Diamcor said it recovered two gem-quality rough diamonds in the specials category, a 59.25 carat and a 21.85-carat diamond.
The stones are expected to be tendered next month.
“Our efforts continue to focus on increasing processing volumes, and the recovery of two large gem-quality rough diamonds in the specials category from our recently upgraded facilities at this point is yet further confirmation of the project’s potential for large high-value gem-quality rough diamonds,” said Diamcor.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
Exclusive
Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future
The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...
29 june 2026
AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp
In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...
22 june 2026
Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report
Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...
15 june 2026
Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens
India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...
01 june 2026
Dr M’zée Fula-Ngenge: Kimberley Process failing Africa
The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...
18 may 2026
