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- Mon Jul 6, 2015 - Karowe Diamond Exceptional Stone Tender
- Wed May 13, 2015 - 2015 First Quarter
Exceptional Diamonds: The Company recovered its largest gem quality diamond at 342 carats. The diamond will be offered for sale at the Company's first exceptional stone tender in 2015.
Plant Optimization Project: A primary focus for the Company in 2015 is to complete the plant optimization program so that it can commence mining the high value south lobe ore on a sustainable basis during the year. The project has advanced very well with construction largely complete
- Mon Apr 13, 2015 - 2015 AGM Filings
- Tue Mar 31, 2015 - 2015 First Quarter Report
- Tue Feb 24, 2015 - 2014 Year End
Revenues: During the year the Company had sales totalling 412,136 carats for gross proceeds of $265.5 million at an average price of $644 per carat. The increase in revenues of 47% or $85.0 million compared to the prior year was due to higher prices received for the Karowe diamonds and a larger number of carats being sold in the large exceptional stones tenders, which contributed $135.6 million to revenues. The exceptional stone sales resulted in an average price of $32,471 pe
- Mon Feb 23, 2015 - 2015 Presentations
- Wed Dec 31, 2014 - 2014 Year End Report
- Wed Dec 31, 2014 - 2014 Presentations
- Wed Nov 12, 2014 - 2014 Third Quarter
Cash flows and operating margins: The Company achieved revenue of $91.3 million during the period, including $24.8 million of proceeds from its June tender.
Total revenue to September 30, 2014 was $195.0 million or $634 per carat achieving an 81% operating margin of $511 per carat. The Company's EBITDA at the end of September was $125.8 million compared to the previous year of $70.2 million.
Subsequent to the end of the third quarter, the Company concluded its third ex
- Tue Oct 21, 2014 - 14 single stone lots totaling
A total of 12 of the 14 stones sold for greater than $1.0 million, including 6 stones which sold for greater than $4.0 million each. The highest value stones sold during the tender included the 203 carats, the 239 carats and the 141 carats diamonds which sold for $8.2 million, $7.2 million and $6.1 million respectively.