Diamond – Mining Weekly reported that underground development at DiamondCorp plc's (LSE:DCP) South Africa-based Lace diamond mine project is ramping up "close to schedule and on budget." The full underground complement is expected to be complete by the end of March.
Articles Tagged "diamondcorp"
Diamond – DiamondCorp plc (LSE:DCP) announced that it has completed its first sale of diamonds recovered from tailings retreatment at its South Africa-based Lace mine.
Diamond – Mining Weekly reported that South African company DiamondCorp has already commenced the 47-level development plan at its Lace diamond mine. The property is expected to produce over 500,000 ct/y of diamonds by 2025.
Diamond – Mining Weekly reported that DiamondCorp has legally signed an offtake agreement with Tiffany & Co on Monday for diamond production from the Lace mine in exchange for a $6M term loan from Tiffany.
Diamond – Mining Weekly reported DiamondCorp (LSE:DCP) reported the Industrial Development Corporation (IDC) has extended a project loan of R220 million loan.
Diamond – Mining Weekly reported DiamondCorp (LSE:DCP) expect its Lace mine will reach production of 250 000 ct by 2014 and over 400 000 ct by 2015.
Diamond – Business Insider reported Diamondcorp (LSE:DCP) has raised £2.05 million before expenses on its Lace mine.
Diamond – IBTimes reported DiamondCorp's (LSE:DCP) results from the old Lace mine have exceeded their expectations.
Diamond – Mining Weekly reported DiamondCorp (LON:DCP) has made significant steps towards becoming a long-term diamond producer.
Diamond – Mining Weekly.com reports that DiamondCorp (LON:DCP) intends to raise funds through a share offering for further work at its' Lace Prospect property