Release: BDI Mining: Sale of diamonds
Monday, October 31 2005 - 07:33 AM WIB
LONDON - 31 October 2005 - BDI Mining Corp. (AIM-BMG) is pleased to announce the sale by tender of diamonds from the Cempaka Mine in Indonesia. This tender represents the second sale of diamonds by BDI Mining in the latter half of 2005, with proceeds of the sale totaling US$1,672,468.
The tender parcel consisted of 5,727 carats of run-of-mine diamonds larger than 2mm that sold for an average price per carat of US$280, as well as 768 carats of fine diamonds (smaller than 2mm) recovered from the secondary plant circuit, that sold for an average of US$81 per carat.
The tender was conducted in Antwerp under the supervision of BDI Mining's independent consultants, WWW International Diamond Consultants Limited. The next tender will be held in December, 2005. (end of release)