QUOTE AND NEWS
Mining Weekly  May 13  Comment 
Although the 2012 financial year was a “rollercoaster” year for JSE- and Aim-listed DiamondCorp, the company said it was making progress with the development of the 47-level block cave development at its Lace mine. DiamondCorp, which reduced...
Mining Weekly  Apr 11  Comment 
Southern African diamond development and exploration company DiamondCorp has finalised the £23-million finance package for the 47-level block cave development at its Lace mine, in the Free State. The company reported on Wednesday that it had...
Mining Weekly  Mar 13  Comment 
Diamond juniors needed to rebuild investor confidence in diamond mining, which had been damaged by wishful thinking, DiamondCorp CEO Paul Loudon said on Wednesday. Speaking at the South African Institute of Mining and Metallurgy diamond,...
Mining Weekly  Jan 24  Comment 
Southern African diamond development and exploration company DiamondCorp initiated the 47-level development activities at its R384-million Free State-based Lace diamond mine. The JSE- and Aim-listed group said that, with the project now fully...
Mining Weekly  Jan 7  Comment 
Southern Africa-focused DiamondCorp on Monday legally cemented a loan and supply agreement with Tiffany & Co subsidiary Laurelton Diamonds. The diamond development and exploration company entered into an offtake agreement for diamond production...
Mining Weekly  Dec 18  Comment 
JOHANNESBURG (miningwekly.com) – South African diamond mine development and exploration company, the JSE- and Aim-listed DiamondCorp, has finalised the funding needed for expansion of its Lace diamond operation in South Africa. The company said...
Mining Weekly  Nov 16  Comment 
Southern Africa-focused DiamondCorp has agreed a term loan of $6-million with a subsidiary of Tiffany & Co in exchange for an offtake agreement for diamond production from its flagship Lace mine, in the Free State. DiamondCorp would draw down the...
Mining Weekly  Oct 19  Comment 
Aim-listed diamond development and exploration company DiamondCorp on Friday reported it would aim to raise £1-million for the development of the Lace mine, in the Free State. The company placed 28.5-million new ordinary shares at 3.5 p apiece...
Mining Weekly  Sep 28  Comment 
Aim- and JSE-listed Diamondcorp said on Friday it had shut down its the Lace processing plant and that full-scale production from tailings retreatment would not resume until the first quarter of 2013. The company explained that it had shut down...
Mining Weekly  Sep 21  Comment 
Diamond exploration and development company DiamondCorp reported on Friday that the Industrial Development Corporation (IDC) had agreed to extend the company a project loan facility of R220-million. The loan would be used at DiamondCorp’s...





 

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