Diamcor Mining announces that due to ongoing delays in South Africa noted below, the Company will be unable to file its audited financial statements and corresponding management's discussion and analysis for the year ended March 31, 2022 on or before the prescribed filing deadline of July 29, 2022 as required by National Instrument 51-102 - Continuous Disclosure Obligations. The Company's mining operations are located in [...]
Diamcor Mining Inc. , , , announces today the results of its first tender and sale of rough diamonds recovered from the processing of quarry material from the Company's Krone-Endora at Venetia Project in the Company's fiscal second quarter ending September 30, 2022. In this initial tender, the Company sold a total of 1,939.81 carats of rough diamonds, generating gross revenues of USD $478,391.90, resulting in an average [...]
Diamcor Mining Inc. , , , announces today that the optimization and refinement efforts to its upgraded processing plant continued as planned during the quarter. These combined efforts continue to demonstrate the processing plant's potential to support the Company's goal to increase long-term processing volumes. The Company also reports that gross revenues from the tender and sales of rough diamonds held in its fiscal [...]
Diamcor Mining Inc. , , , announced today that its CEO, Mr. Dean Taylor will attend and be presenting at NobleCon18 - Noble Capital Markets' Eighteenth Annual Investor Conference at the Hard Rock Hotel & Casino, Hollywood, Florida - on Thursday April 21, 2022 at 1:30 pm ET in Seminole Ballroom A. There is also the opportunity to meet with management at our Breakout Sessions scheduled on Wednesday April 20th, 12:15 pm ET [...]
Diamcor Mining Inc. , , , announced today that the Company's gross revenues from tenders and sales held in its fourth quarter, ending March 31, 2022, increased to $1,301,978, a 21% increase over the previous quarter. Total carats sold during the fourth quarter decreased by 12% to 4,787.89 when compared to the 5,441.88 sold in the previous quarter. This, however, was largely due to the timing of tenders during the fourth [...]
Diamcor Mining Inc. , announced today that it plans to accelerate certain portions of the Company's planned phase two of expansions at its Krone-Endora at Venetia project due to the current strength shown in rough diamond pricing and potential for additional rough diamond shortages moving forward. The areas that will be accelerated include the installation of additional screening, water management systems, and various [...]
Announces Balance Sheet Improvements and Increased Sales Diamcor Mining Inc. , , , today reported its quarterly financial statements and related management discussion and analysis for the quarter ended December 31, 2021. Highlights Tender and sale of 5,441.88 carats of rough diamonds during the period, an increase of 25% over the previous quarter in 2021, generating revenue of $1,074,748, resulting in an average price of [...]
Diamcor Mining Inc. , announced today that it achieved very strong results in its initial tender and sale of the New Year of rough diamonds recovered from the processing of quarry material from the Company's Krone Endora at Venetia Project . In the first tender and sale of the current quarter held in February, the Company tendered and sold a total of 3,062.53 carats, generating gross revenues of USD $1,010,406.65 [...]
Diamcor Mining Inc. , announced today it has delivered approximately 3,103.40 carats of rough diamonds in January for its initial tender and sale of the New Year. These rough diamonds recovered from the processing of quarry material at the Company's Krone Endora at Venetia Project will be tendered in Dubai in the coming weeks. The Company believes it has the potential to further increase processing volumes moving forward [...]
Diamcor Mining Inc. , announced today that shareholders passed each of the resolutions described in the Company's proxy materials by the required majority of voting at the Company's Annual General and Special Meeting held on December 23, 2021, including the approval of the Amendment to the Stock Option Plan by an ordinary resolution of the disinterested shareholders. The total number of votes cast for each resolution is [...]
Diamcor Mining Inc. , announced today that an additional 2,925.66 carats of rough diamonds have been recovered, delivered, tendered, and sold from the processing of quarry material at the Company's Krone-Endora at Venetia Project , representing an increase of approximately 175.66 carats compared to the approximately 2,750 carats the Company anticipated it would deliver, tender and sell as announced on November 18, 2021 [...]
Diamcor Mining Inc. , announced today the delivery of approximately 2,750 additional carats of rough diamonds for tender and sale in the current quarter. These rough diamonds recovered from the processing of quarry material at the Company's Krone Endora at Venetia Project will be tendered over the coming weeks, with additional rough diamonds recovered from the Project during the balance of the quarter expected to be sold [...]
