VIDEO: DiamondCorp revives Lace mine in South Africa

DiamondCorp Plc (JSE: DMC) owns the Lace project in South Africa.

The company is working on rehabilitating the diamondiferous kimberlite mine — famed for its fancy pink and purple gems.

It forecasts resources of 13.4 million carats will support mining for approximately 25 years and it has a life-of-mine offtake agreement in place with Tiffany & Co.

Company chairman Eaun Worthington discusses the mining operations in this interview.

Front page photograph courtesy of DiamondCorp plc.