DiamondCorp Fundraising Removes Debt Ahead of Lace Mine Development Plans
Business Insider reported Diamondcorp (LSE:DCP) has raised £2.05 million before expenses on its Lace mine.
Articles Tagged "diamondcorp"
Lace Mine Exceeds DiamondCorp’s Expectations
IBTimes reported DiamondCorp's (LSE:DCP) results from the old Lace mine have exceeded their expectations.
DiamondCorp Making Progress
Mining Weekly reported DiamondCorp (LON:DCP) has made significant steps towards becoming a long-term diamond producer.
DiamondCorp to raise £2,95m for further development
Mining Weekly.com reports that DiamondCorp (LON:DCP) intends to raise funds through a share offering for further work at its' Lace Prospect property
DiamondCorp assured about lace profits
Diamond miner DiamondCorp reported that it believes its second phase of development at the Lace diamond mine near Kroonstad will be profitable at current prices after signs of an improvement in prices at its latest tender. DiamondCorp MD Paul Loudon stated: We are starting to see some stability returning to the market for small diamonds [...]
Diamond prices Stable after Rapid Inflation
Diamond values held steady in July, after rapid inflation earlier in the year. Weak consumer demand in the US, coupled with fear that the recession will spread globally put the lid on prices. Diamond values are still up 15 percent compared to a year ago.
Diamondcorp set to shine at Lace mine
DiamondCorp is all set to embark full scale mining from the end of next year at its Lace kimberlite mine in the Free State. The mining will produce 500,000 carats annually. For full story, click here
DiamondCorp Secures $5M Loan for Lace Diamond Mine
DiamondCorp plc has obtained $5 million loan to invest in phase-2 underground mining at its Lace diamond mine in South Africa. For full story, click here
