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- Thu Jul 16, 2015 - 14 single stone lots totaling 1,674 carats
12 diamonds sold for more than $1.0 million each including 5 stones which sold for in excess of $4.0 million each. Lot 701, the 341.9 carat Type IIa diamond (discovery announced April 20, 2015), sold for $20.55 million ($60,114/ct) and Lot 702, the 269.7 carat diamond, sold for $16.54 million ($61,304/ct).
- 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