Shareholders and management of Tiffany co partner Diamcor plough funds in South Africa
The South African diamond producer is trying to recover after a slowdown in activity due to COVID-19 pandemic and authorities’ restrictions.
04/01/2021 at 18h17, by Gaëlle Arenson
At the end of December, Diamcor Mining Inc. completed the second tranche of a convertible loan that now totals approximately CAN$3 million (€1.92 million). This tranche will allow the company to increase the volumes of ore processed in 2021 and capitalise on the improvements made to its operating circuit last year. The TSX-listed mine is currently extracting its diamonds from tailings on-site before the actual mine launch.