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Executive Interview – DiamondCorp

Executive Interview – DiamondCorp

DiamondCorp raised both debt and equity finance to cover the c.US$40m capex requirement and has now begun rehabilitation work to bring the mine into production again. Work has commenced on a new decline and conveyor system with a view to mining via a block cave from the 47 level, with first diamond output expected in 2014. Resources of 13.4 million carats with the orebody open at depth, are sufficient to support mining for approximately 25 years and a life-of-mine offtake agreement is already in place with Tiffany.

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