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DIAMONDCORP PLC - Mining Resumes At The Lace Diamond Mine

Release Date: 18/10/2016 08:00
Code(s): DMC     PDF:  
Wrap Text
Mining Resumes At The Lace Diamond Mine

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")

Mining Resumes At The Lace Diamond Mine

DiamondCorp, the Southern African diamond mining, development and exploration company,
is pleased to advise that the Section 54 underground shutdown instruction issued last week
by the South African Department of Mineral Resources with respect to the Lace diamond
mine has been lifted and mining has resumed.

The financial impact of the four days of mining lost as a result of the shutdown instruction has
been minimised by a rescheduling of programme maintenance and the fact that the mine was
ahead of its planned tonnage for the month at the time of the shutdown.

Contact details:

DiamondCorp plc
Paul Loudon, Chief Executive
Tel: +27 56 216 1300
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


The information communicated in this announcement is inside information for the purposes of
Article 7 of Market Abuse Regulation 596/2014 ("MAR").

18 October 2016
United Kingdom

Date: 18/10/2016 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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