Southstone Minerals Limited (TSE:SML) has released an update.
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Southstone Minerals Limited reports robust diamond sales from their Oena Diamond Mine in South Africa, with a total of 200.36 carats sold for an average of $2,307 per carat in Q2 2024. The company successfully held two diamond tenders, yielding a notable sale of a 30.25-carat stone at an impressive $8,850 per carat. Southstone continues to expand operations with additional mining equipment and plants now fully operational at two mining sites, ensuring continuous diamond production and processing.
For further insights into TSE:SML stock, check out TipRanks’ Stock Analysis page.
