The Conversation (0)
Rapaport reported that Diamcor Mining (TSXV:DMI,OTCMKTS:DMIFF) has achieved $4.72 million in revenue from the sale of 25,627.59 carats of diamonds from the company’s Krone-Endora at Venetia Project in South Africa that it sold at tenders since June 2013.
As quoted in the article:
The information was part of the company’s update of the initial technical report for the project previously filed on July 30, 2009. Diamcor acquired the project from De Beers in February 2011 and attained a mining right from South Africa’s Department of Mineral Resources to mine on 657.71 hectares of the project’s total area of 5,888 hectares.