Diamcor completes first phase of upgrades at Krone-Endora at Venetia
TSX-V-listed Diamcor Mining has completed the first phase of planned upgrades ahead of schedule at the company’s Krone-Endora at Venetia project, in South Africa.
The initial upgrades, originally targeted for completion by the end of September, are aimed at providing the company with the potential to increase the project’s processing volumes by up to 100%.
The upgrades include the installation of a new materials handling step (scrubbing), the improvement and expansion of the diamond concentration system, the installation of a new electronic diamond X-ray recovery unit and various other refinements aimed at lowering water and power consumption on a per ton basis.
All items of the first phase of upgrades are now operational and demonstrate their ability to achieve the desired processing volume increases, the miner says.
Final commissioning and minor refinements are expected to be completed over the coming weeks.
Diamcor CEO Dean Taylor says the miner’s focus will now shift to demonstrating the benefits of these efforts, and “their potential to increase rough diamond recoveries and revenue growth moving forward”.
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