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Israeli Diamond Portal Reports:KCM’s Blue-white Diamond Goes for $1.28 Million

Kimberley Consolidated Mining’s (KCM) CEO Hein le Riche announced that the company sold a 46 carat blue-white diamond for $28,000 per carat, reaching a total price of $1.28 million.
 

FOR IMMEDIATE RELEASE

PRLog (Press Release)Mar 19, 2008 – Kimberley Consolidated Mining’s (KCM) CEO Hein le Riche announced that the company sold a 46 carat blue-white diamond for $28,000 per carat, reaching a total price of $1.28 million.

The stone was recovered at the company’s Bo-Karoo alluvial mine in South Africa’s Northern Cape.

Earlier this month Riche stated that in the past 2 years KCM and its subsidiaries have produced over 12,000 carats, garnering a selling price of over R120 million.

In February alone the company reported production in excess of 1,000 carats at the Bo-Karoo and Taung operations. Generated income came to some R10 million.
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Issued By:israeli diamond portal
Website:http://www.israelidiamond.co.il
Email:Click to contact author
Phone:972306126485
Address:ramat gan israel
State/Province:Tel Aviv
Country:Israel
Categories:Business
Tags:Diamond, Diamonds, israeli diamond

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