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Wednesday 10 August 2016

DiamondCorp (DCP.L) gets back to business at Lace: ProactiveInvestors Stocktube

Published on Aug 10, 2016
Production at DiamondCorp Plc's (LON:DCP) Lace mine in South Africa is recovering after an incident last month.

The company said it has raised monthly production at the pit to the planned rate of 30,000 tonnes.
Output was temporarily suspended after an accident involving a rockfall.

So far, diamonds recovered include a good proportion of clean, cuttable stones in all size fractions, including type IIa diamonds.

Chief executive Paul Loudon said: "Overall we expect to continue to exceed our base case average of $164 a carat."

http://www.4-traders.com/DIAMONDCORP-PLC-4006747/

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