Diamond Investing News » Junior Diamond Miners in Talks to Supply SDT

Junior Diamond Miners in Talks to Supply SDT

August 13, 2008 @ 12:14 am In Diamond Company News

Junior diamond mining companies in South Africa are in talks with the State Diamond Trader to supply up to 10% of their diamond output.

Abbey Chikane, the SDT's chief executive, said last month:

The state trader had made acquisitions of 130,000 carats of diamonds from De Beers at an average price of $100 a carat.

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