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IGE reports that they have sold record high diamond volume in the Q3.
IGE reports that they have sold record high diamond volume in the Q3.
The press release is quoted as saying:
The record high diamond volume sold in the third quarter includes 6,000 carats of diamond recovered during exploration at IGEs partly owned Luxinge mine. The Company is currently evaluating the future of this mine, where project economics have proven less attractive than previously anticipated.
IGE’s CEO Thomas Fellbom says:
“We are focusing our near term efforts in the diamond sector on Cassanguidi, in order to generate revenue and build shareholder value as early as possible,”