DiamondCorp plc is an emerging diamond producer focused on maximising shareholder value through the development of high-margin diamond production assets. The company is incorporated in the UK, and operates in the long established diamondiferous regions of southern Africa.

AIM: DCP 2.05p 0.00 %

JSE: DMC 40.00c0.00 %

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The Lace Project

DiamondCorp’s primary asset in South Africa is the Lace Diamond Mine, an historic operation located some 200 kilometres south-west of Johannesburg, near the town of Kroonstad in Free State Province. DiamondCorp was awarded a mining right to the Lace property in February 2009.

 
 

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Important notice

Warning: this section of the website contains announcements, documents and information (together the “Information”), access to which may be restricted under the securities laws of certain jurisdictions. In particular the Information is not directed at, and is not accessible by, persons resident, or otherwise located, in Australia, Switzerland, Canada, Japan, the United States of America, the Republic of South Africa, the Republic of Ireland or any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of that jurisdiction. The Information is being made available by DiamondCorp plc (the “company”) in good faith and for Information purposes only. The availability of the Information is subject to the terms and conditions set out below.

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Proposed Placing, Operational and Corporate Update

13 January 2017

DiamondCorp, the Southern African diamond mining, development and exploration company, provides the following corporate and operational updates and outlook in respect of the Lace mine and the business rescue implemented in respect of the Company's 74% operating subsidiary Lace Diamond Mines (Pty) Limited. Full release

Update with respect to finance facilities

19 December 2016

DiamondCorp plc, the Southern Africa focussed diamond mine development and exploration company, provides the following update on various discussions with existing lenders to the Group following the Company’s 74% operating subsidiary Lace Diamond Mines (Pty) Limited (“LDM”) being placed in business rescue. Full release

Directorate Change

13 December 2016

DiamondCorp plc, the Southern Africa focussed diamond mine development and exploration company, announces that Dr. Jonathan Willis-Richards, current Non-Executive Director, has resigned from the Board, effective immediately. The board thanks Dr. Willis-Richards for his valuable contribution over the years and wishes him the best with his future endeavours. Full release

Diamond Sales

12 December 2016

DiamondCorp is pleased to announce that the Company's operating subsidiary, Lace Diamond Mines (Pty) Ltd ("LDM"), has completed the sale of diamonds recovered from the Lace mine prior to LDM being placed in business rescue. Full release

 

Change of address

We have moved office and our new address is:

DiamondCorp Plc
c/o WeWork
1 Fore Street
London EC2Y 9DT


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Diamondcorp to raise £1mln as first step to rescue Lace mine

Diamondcorp is Lace’s largest creditor with £36mln owed through a subordinated loan.

Diamondcorp gets standstill deal while refinance talks continue

The miner has placed the Lace diamond mine in business rescue while the talks continue.

Diamondcorp PLC sells major diamond parcel at tender

Diamondcorp has sold just over US$590,000 of diamonds at tender in South Africa

Diamondcorp starts business rescue process

The company said that more than 90 mm of rain fell in the space of an hour at Lace

Diamondcorp’s shares suspended after storm hits Lace

Mining at Lace has been halted, following heavy rains
 

Downloads

Business Rescue Documentation

Business Rescue Documentation

18 November 2016

Notice of Beginning of Business Rescue Proceedings [PDF - 138KB]

 
DiamondCorp Notice of AGM 2016

31 October 2016

Circular and Notice of GM

 
Presentation, June 2016

June 2016

Investor presentation [PDF - 2.4MB]

 

Annual report

 
 
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