Sharenet Sites 
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Lace Mine update - temporary halt in underground mining
DiamondCorp plc
AIM share code: DCP & JSE share code: DMC
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)
("DiamondCorp", “the Group” or "the Company")
LACE DIAMOND MINE
TEMPORARY HALT OF UNDERGROUND MINING
DiamondCorp, the Southern African diamond mining, development and exploration company,
advises that underground mining operations at the Lace diamond mine have been temporarily
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suspended following an investigation on 15 July by the South African Department of
Minerals Resources (DMR) into a fall of ground incident in a development tunnel on the 310m
level.
The incident occurred when explosive misfires were being made safe and resulted in a
miner’s assistant suffering contusions and four cracked ribs. He was hospitalised for
observation and is in a stable condition.
The outcome of the investigation was an instruction that all miner’s assistants undertake
refresher training in the handling and charging up of explosives. This training commenced
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over the weekend and is scheduled to be completed by Wednesday 20 July. Once the
assistants are re-certified, the Company will apply to the DMR to resume underground mining
operations which is expected by the end of this week. In the meantime, the plant at Lace will
process tailings.
There is no material financial impact as a result of the temporary suspension, but
DiamondCorp will not be able to mine the target of 30,000 tonnes of ore in July. Management
expect to achieve this rate in August and will aim to make up the July shortfall by the end of
September.
The Company is pleased that the incident did not result in any more serious or life threatening
injuries and reiterates that safety is its top priority. Lace management is fully supportive of the
refresher training.
Contact details:
DiamondCorp plc
Paul Loudon, Chief Executive
Tel: +27 828 246 897
Euan Worthington, Chairman
Tel: +44 7753 862 097
UK Broker & Nomad
Panmure Gordon (UK) Limited
Adam James/Atholl Tweedie
Tel: +44 20 7886 2500
JSE Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)
Megan Young
Tel: +27 11 445 8068
SA Corporate Advisor
Qinisele Resources Proprietary Limited
Dennis Tucker/Andrew Brady
Tel: +27 11 883 6358
18 July 2016
Johannesburg
Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)
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