RAPAPORT… A pink diamond from Namibia’s offshore drilling program
fetched $17,000 per carat at a tender in Antwerp.
The 5.71-carat stone fetched $97,076 at the sale, the first
Diamond Fields Resources has held since resuming mining in 2018, it said last
week.
The company also sold 47,298 carats of high-quality white
and colored rough stones for $1.1 million, it noted. It sold all the diamonds it offered at the tender.
Diamond Fields recovered the stones between November and
January, over the course of a 65-day period, it added.
Image: The 5.71-carat pink diamond. (Diamond Fields)
Diamond Fields Pink Sells for $17K/ct.
The Bottom Line
- A 5.71-carat pink diamond from Namibia sold for $97,076, or $17,000 per carat, at a recent Antwerp tender.
- Diamond Fields Resources sold 47,298 carats of high-quality white and colored rough diamonds totaling $1.1 million.
- The diamonds were recovered over a 65-day period from November to January during the company’s offshore drilling program.
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