Dwyka says US$130,000 diamond sale follows a trend of strong sales for 2005
22 Jul '05
1 min read
Diamond producer and developer Dwyka Diamonds Limited announced it has sold an 18.11 carat octahedron diamond of H/I colour and SI2 quality for in excess of US$7,100 per carat from the Company's Nooitgedacht Alluvial Mine in South Africa.
Commenting on the sale Melissa Sturgess, Executive Chairman, said: “US$130,000 diamond sale follows a trend of strong sales for 2005, which has also seen a parcel sold for US$200,000 and a single 54 carat stone generating US$360,000 of revenues for Dwyka.
What Dwyka shareholders are now seeing is the clear benefits of the optimization programme undertook at Nooitgedacht plant to improve all areas of diamond production.”
Australia based Dwyka Diamonds is listed on the Australian Stock Exchange and the AIM Market of the London Stock Exchange. In July 2003 Dwyka announced a partnership with black empowerment group Kolong Investments to secure a prospecting permit over an ex De Beers diamond fissure property.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
