Exclusive
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Dr M’zée Fula-Ngenge: Kimberley Process failing Africa
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Trans Hex gains $17,5 mln from Angola diamond sales
The company sold 32,545 carats at an average price of $538 per carat during the period under review.
“These sales reflect continued positive momentum in the rough diamond market and strong demand for Trans Hex's production,” it said in a statement.
Somiluana conducted monthly sales.
Meanwhile, Trans Hex said production at its South African operations amounted to 23,872 carats for the five months ended 31 August 2014.
Its tender sales of diamonds produced in South Africa also helped the group to gain $32 mln, with 22, 033 ct sold at an average $1,497/ct.
Twenty-two single stones were sold for more than $10,000 per carat, including one exceptional pink stone of 3.2 carats from Baken Mine, which sold for $54,750 per carat.
A 132-carat stone, also from Baken Mine, was sold for $1.28 million, it said.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
