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Mining Weekly reported DiamondCorp (LSE:DCP) reported the Industrial Development Corporation (IDC) has extended a project loan of R220 million loan.
Mining Weekly reported DiamondCorp (LSE:DCP) reported the Industrial Development Corporation (IDC) has extended a project loan of R220 million loan.
As quoted in the market news:
The loan would be used at DiamondCorp’s 74%-owned subsidiary Lace Diamond Mines, outside Kroonstad, in South Africa’s Free State province, for underground development and purchasing of mining equipment.