[miningmx.com] — Trans Hex said on Monday that its February 2011 tender sale of South African production amounted to R141m – 12,817 carats at a record average price of $1,547 per carat and exchange rate of R7.11 to the dollar.
Some 15 single stones were sold for an average price of more than $10,000 per carat, including two stones from Baken Mine which sold for over $20,000 per carat.
Project Luana in Angola, in which Trans Hex holds a 33% stake, realised a total of $3.78 million for its December and January sales – 9,36 carats at an average price of $414 per carat.
Year-to-date production at the group’s South African operations amounted to 57,825 carats at end-January. During the first six months of the financial year, 32,288 carats were produced, while 25,537 carats were produced in the four-month period from October 2010 to January 2011.
