Koidu Holdings Changes Name To Octea

Mining Weekly reported Octéa Diamond Group was officially launched at a gala event at the group’s flagship Koidu diamond mine in Sierra Leone.

As quoted in the market news:

The event also marked the official opening of the Koidu mine’s new 180 t/h processing plant, which will boost diamond output from 10 000 ct/m to 45 000 ct/m during the third quarter of this year.

Towards the end of 2011, Koidu Holdings underwent major restructuring to enable the group to invest in other exploration and development opportunities in Sierra Leone, and Octéa Diamond Group was formed.

Click here to read the full Mining Weekly report.

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