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South Africa Diamond Mines Are Magnet for Diamond Dealers

1990: South Africa Diamond Mines Will Increase 28% of Potential Sales

September 1997

Evaluations of 1,303 carats recovered from the initial bulk sampling at a mine in Lesotho in southern Africa project a 300,000 carat annual yield, according to the company which owns and operates the mine - Toronto-based Messina Diamond Corporation.

This would represent a 600% increase in production at the mine. In a statement, Messina put the gem content of the sampling average at 28% with potential sales values reaching up to $1,400 per carat.


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