Mineral resources
Shareholders and management of Tiffany co partner Diamcor plough funds in South Africa

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.

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            ▪ 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.

https://www.jeuneafriquebusinessplus.com/en/806540/shareholders-and-management-of-tiffany-co-partner-diamcor-plough-funds-into-south-africa/

04/01/2021 at 19h17, by Gaëlle Arenson, updated 05/01/2021

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.

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