DIAMOND MINING – 30-ct stone recovered at Chapada mine

BRAZIL - Toronto-based VAALDIAM RESOURCES reports the recovery of a 30.95-ct diamond from its Chapada mine in the western part of the country. It is an octahedral stone of excellent colour and high clarity, according to the company. The diamonds will be sold at the regular sale scheduled for June 3, 2008.

It is not, however, the largest diamond ever recovered from Chapada. That honour goes to a 33.44-ct stone recovered in October 2007. It sold for US$3,000 per carat.

A photo of the 30.95-ct diamond is posted at www.vaaldiam.com/mining/chapada-pgallery/slide15.html.