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- Mon Apr 13, 2015 - 2015 AGM Filings
- 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.
- Wed Oct 1, 2014 - Karowe Diamond Exceptional Stone Tender - October, 2014
- Tue Sep 30, 2014 - 2014 Third Quarter Report
- Mon Aug 18, 2014 - 2014 Second Quarter
Safety: Karowe had one lost time injury during the quarter, resulting in a Lost Time Injury Frequency Rate (\'LTIFR\') of 0.15 for the 12 months to June 30. LTIFR is the number of lost time injuries multiplied by 200,000 and divided by the number of hours worked.
Cash flows and operating margins: The Company achieved second quarter tender proceeds of $95.0 million ($849 per carat) from sales of 111,902 carats of diamond. This includes proceeds of $24.7 million, which