Hi Aries, you're quoting operations in South Africa, not Angola, see full script below:
SOUTH AFRICAN OPERATIONS
SCHMIDTSDRIFT
Background
Since re-commencing prospecting and trial mining operations in April 2006, the Company
has focused on increasing its diamond production from trial mining operations at the
Schmidtsdrift alluvial diamond mine, located in the Republic of South Africa.
Since April 2006 up to August 2007:
the mine has produced 12,880 carats of diamonds from 2,438,662 tonnes at an
average grade of 0.53 carats per hundred tonnes.
to date, 291 stones in excess of 5 carats in size have been recovered, including a
rare 235 carat stone, two 66 carat stones and 36 stones between 15 and 50 carats in
size
Nare has sold a total of 10,872 carats of diamonds at an average price of US$907 per
carat raising a total of US$9,858,911. This included a rare 235-carat gemstone that
was sold in May 2006 for US$10,206 per carat and a total revenue of US$2,398,695.
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