KCM uncovers large pink diamond

[miningmx.com] — KIMBERLEY Consolidated Mining (KCM) announced on Wednesday that the subcontractor working on its Bo-Karoo mining site had recovered a 27 carat light pink diamond on Tuesday.

“After the cleaning process the diamond will be placed on tender. In terms of the subcontractors agreement KCM will receive a royalty of 15% of the gross selling price of the diamond,” KCM said.