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Diamondcorp financing and production on track
Wed, 09th Nov 2016 11:56
(ShareCast News) - South African diamond miner DiamondCorp announced that the second tranche of financing facility from Rasmala amounting to £300,000 is in the process of being drawn down by the company.The facility is collateralised against 5,000 carats of diamond inventory, which the group's lace mine is expected to process by the end of the day.In the current month production is on schedules to exceed 15,000 tonnes and the grade to date is 29 carats per hundred tonnes.The share price fell 5.49% to 2.15p at 1202 GMT.
Latest DCP News
- DiamondCorp To Raise Funds, Hopes To Restart Lace Operations (ALLISS)
13 Jan 2017 - DiamondCorp Sells Diamonds Recovered From Flood-Hit Lace Mine
12 Dec 2016 - DiamondCorp Names Deloitte's Terblanche Business Rescue Practitioner
22 Nov 2016 - Lace Mine flood plunges Diamondcorp back into uncertainty
14 Nov 2016 - DiamondCorp Utilises Second Tranche Of Funds From Shareholder Rasmala
9 Nov 2016 - Diamondcorp cancels sale offer after disappointing bids
7 Nov 2016 - DiamondCorp seeking suitor amid viability concerns
18 Oct 2016
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DCP.L News
14 Nov 2016
Lace Mine flood plunges Diamondcorp back into uncertainty
(ShareCast News) - Southern Africa-focused diamond mining, development and exploration company DiamondCorp was facing some serious issues with its Lac...
9 Nov 2016
Diamondcorp financing and production on track
(ShareCast News) - South African diamond miner DiamondCorp announced that the second tranche of financing facility from Rasmala amounting to £300,000 ...
7 Nov 2016
Diamondcorp cancels sale offer after disappointing bids
(ShareCast News) - South African diamond miner Diamondcorp has taken itself off the market as it felt bids were "significantly" undervaluing the compa...
18 Oct 2016
DiamondCorp seeking suitor amid viability concerns
(ShareCast News) - Beleaguered mining company DiamondCorp updated the market on Tuesday, confirming it was actively seeking a suitor with which to com...
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