Trans Hex Updates on Diamond Sales and Production

- March 3rd, 2015

Trans Hex Group Ltd. (JSE:TSX) announced an update on its latest diamond sales and production, noting that year-to-date production at its South African operations reached 52,667 carats by the end of January.

Trans Hex Group Ltd. (JSE:TSX) announced an update on its latest diamond sales and production, noting that year-to-date production at its South African operations reached 52,667 carats by the end of January.

As quoted in the press release:

The Group’s October 2014 to February 2015 tender sales of South African production amounted to R358,8 million (27 553 carats at an average price of US$ 1 161 per carat and exchange rate of R11,21/US$).Average prices decreased by 25,4% compared to the average prices achieved from sales during the first six months of the financial year, due to fewer large stones being sold and a slight decrease in global prices.

Click here for the full Trans Hex Group Ltd. (JSE:TSX) press release

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