Namakwa Diamonds said it realised revenues of about $1.7 million from a tender of rough diamonds mined at its South African subsidiaries.
The tender ran between 19 and 22 November.
Namakwa said in a statement that 3,163 carats were sold at an average price of $537 per carat, with an average stone size of 0.47 carats.
"The South African production continues to perform to expectation and revenues derived are key in establishing a core revenue base for the Company as a whole," said company chief executive Theo Botoulas.
Namakwa maintained alluvial mining operations in the North West Province of South Africa as well as resource-development and exploration assets in the Northern Cape Province.
It also had an offshore project in Namibia and Kao Mine in Lesotho, which is its flagship project.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
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