Vaaldiam recoveres 30.95 carat diamond
by Jo Black
Vaaldiam Resources Ltd. announces the recovery of a 30.95 carat diamond from its Chapada Mine in Brazil. This remarkable octahedral diamond which is the second largest diamond recovered from the mine is of excellent colour and displays high clarity. The largest diamond ever recovered from the Chapada mine was 33.44 carats. The diamond will be sold at the next sale of run-of-mine production scheduled for June 3rd.
The Chapada mine which is 100% owned by Vaaldiam is renowned for the production of high value diamonds. Sales to date have returned an average sales value of US$408 per carat. This compares with the world average price of approximately US$85 per carat.
Ken Johnson, President and C.E.O. of Vaaldiam commented that we are pleased to have recovered another large, high value diamond at our Chapada Mine. This diamond serves to solidify Chapada’s reputation as a producer of large, gem quality diamonds that command premium prices in today’s strong diamond market.
Source : http://www.vaaldiam.com/
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