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Gold/Mining/Energy : DIAMONDWORKS DMW.v

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To: bordeux who wrote (66)4/29/1998 8:33:00 AM
From: Wayne Rumball  Read Replies (1) of 413
 
From Diamondworks site, for those too tired of clicking to go there;

Saturday, March 28, 1998
Q
What is the average monthly production, stone size and revenue at
DiamondWorks Luo Mine?
A
The Luo Mine produces about 6,000 carats of diamonds a month. The
average stone size is 0.31 carats. The average price per carat has averaged between US$150 and US$300 a carat, depending on the size and quality of the diamonds in a particular sales parcel. Monthly revenues to date have averaged approximately US$1.4 million.

More info;
diamondworks.com
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