Industry News

September 22, 2019

Junior miner Diamcor Mining Inc. has reported an improvement in the total number of rough diamonds it has tendered, sold and delivered. The miner has sold 3,759.62 carats this quarter, with another 4,825 to be tendered in Antwerp in the coming weeks. Sales during the q...

August 28, 2019

Diamcor Mining has received subscriptions under the amended loan financing for aggregate gross proceeds of about C$1,2 million.   


The previously announced initial $500,000 term loan has also been amended and is included in the proceeds, it said.   


Proceeds...

July 10, 2019

Diamcor Mining intends to complete a term loan financing of up to CDN$1 million and has received an initial commitment of CDN$500,000 from one of its largest investors, along with expressions of interests from several other parties.  


Proceeds from the loan will b...

June 9, 2019

Diamcor Mining has sold 1,648.78 carats of rough diamonds from the ongoing processing exercises at its Krone-Endora at Venetia Project, in South Africa for $236,599.43, resulting in an average price of $143.50 per carat. 


The lower dollar per carat achieved, as co...

April 25, 2019

Diamcor Mining has sold 3,714.97 carats of rough diamonds recovered from the ongoing processing exercises at its Krone-Endora at Venetia project, in South Africa for $523,000. 


The diamonds, it said, were sold at an average price of $140.76 per carat.   


Diamcor s...

March 8, 2019

Diamcor, a Canadian junior diamond miner, said it had sold 1,220 carats of rough diamonds from the Krone-Endora at Venetia project in South Africa at its second tender held in the first quarter of the year.

The sale netted the junior miner $376,000, with an average pri...

March 3, 2019

Diamcor saw a significant sales jump in the third fiscal quarter as production increased at its mine in South Africa. 

Revenue surged 76% to $1.4 million in the three months ending December 31 2018, compared to $864,546 in the same period in 2017, the miner reported F...

February 12, 2019

Diamcor Mining Inc. held its first tender of the year, selling 1,407.66 carats of rough diamonds recovered from Krone-Endora section at Venetia Project.

The sale grossed $385,000, with an average price of $273.45/ct. The tender included the sale of one gem qua...

December 26, 2018

Diamcor Mining’s rough-diamond sales rose 62% year on year to $1.4 million in the third fiscal quarter. 

The company sold 7,162 carats during the period which ends December 31, for an average price of $196 per carat, it said last week. 

At its December tender, the la...

December 3, 2018

Diamcor’s sales fell in the second fiscal quarter as lower production at its mine in South Africa resulted in reduced availability of goods. 

Revenue dropped 45% to $726,588 in the three months ending September 30 compared to $1.33 million in the same period a year ag...

Please reload

Please reload

Recent Posts
Search By Tags
Archive