DiamondCorp aims to raise £7,1m in share placement

AltX- and Aim-listed DiamondCorp seeks raise up to £7,1-million to resume underground development at its Lace mine in South Africa and to continue with exploration in Botswana. The South Africa-focused company had placed 100 154 695 shares at 7p...

Retreating tailings no longer economic as diamond prices halve - DiamondCorp

The retreatment of diamond tailings at South Africa's new Lace diamond mine was rendered uneconomic when the prices the mine was receiving for its diamonds fell by 50% in the last quarter of 2008, DiamondCorp CEO Paul Loudon said on Tuesday....

Underground diamond production by year-end, says DiamondCorp CEO Loudon

London AIM-listed DiamondCorp, now also JSE listed, is essentially a South African operating company. The company is at the very early stages of putting the historic Lace diamond mine in the Free State back into production for the first time since...

'Sonop', not sunset, on acquisitions for DiamondCorp

AIM-listed diamond junior DiamondCorp has entered into an option agreement to acquire Sonop Diamond Mining in South Africa for $45-million cash, and 7,5-million ordinary shares of three pence each in the capital of DiamondCorp.