SouthernEra Resources (SUF-T) has received the valuation results for diamonds discovered at its Klipspringer project in South Africa.
A parcel of 4,832 carats from run-of-Mine production evaluated by five London- and Antwerp-based diamantaires is valued at between US$92.72 and US$126.29 per carat, which is higher than the value of rough diamonds from most kimberlites. The latest results are an improvement upon previous valuations of US$85.29 for 300 carats and US$97.75 for 1,750 carats.
Much of the latest parcel comprises gem and near-gem diamonds. About 95% are considered suitable for cutting.
It is estimated that 80% of the value of the parcel is contained in gem-quality stones.
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