News

Advanced Search

Stellar's Rough Sale from Baoulé Achieves $505K

May 28, 2015 9:50 AM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Stellar Diamonds achieved $505,000 from its recent sale of rough diamonds from the Baoulé project in Guinea. Six of the lots, representing 48.12 carats of rough stones greater than 5 carats, achieved $3,510 per carat.   So far this year, Stellar's diamond sales totaled $922,000, of which $700,644 worth of goods was derived from the trial mine evaluation of Baoulé.

Stellar Diamonds' CEO, Karl Smithson, said, “We are delighted with the results from the latest diamond sale from Baoulé via the online auction eDiamond platform. The presence of larger, high-value stones and the stability in the rough diamond market has resulted in an average price of $156 per carat for the latest Baoulé run of mine parcel.”

 

Tags: auction, diamonds, Jeff Miller, mining, stellar, tender
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.