Gem Diamonds has seen its revenues surge to $42.7m (£32.8m) in Q3 2024 in contrast with $34.8m (£26.78m) in Q2 2024, because it offered 25,617 carat diamonds.
It additionally revealed that the common value per carat additionally improved, rising to $1,603 (£1,233.5) from $1,424 (£1,095.7) within the prior three months.
The very best value achieved within the interval was $45,537 (£35,040.4) per carat for a ten.98 carat pink diamond.
Furthermore, six diamonds offered for greater than $1.0m (£769,815) every, contributing $22.6m (£16.9m) to the income.
5 larger than 100 carat diamonds had been additionally recovered bringing the entire yr thus far recoveries of larger than 100 carat diamonds to 13.
Moreover, 24 678 carats had been recovered in the course of the interval, barely decrease from 25,366 carats within the second quarter. 4 larger than 100 carat diamonds had been additionally offered in Q3
Gem Diamonds mentioned: “All operational and monetary metrics are trending inside the revised steerage issued for 2024.”