elkedra diamonds realises us1 56m

Elkedra Diamonds realises $US1.56m in latest sale
09:09, Monday, 16 April 2007

Sydney - Monday - April 16: (RWE Aust Business News) - Elkedra
Diamonds (ASX:EDN) has results from its ninth monthly diamond sale since
the start-up of its Chapada diamond mine in Brazil in June 2006.
The sale comprised a parcel of 2,924 carats representing
production from March 7 to April 9.
A record average price of $US532/carat was realised delivering
total revenue of $US1.56 million.
The largest high value stone was $7,500 of 27.35 carats.
Elkedra shares were last traded at 42.5c.