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Diamcor Mining Inc DMIFF


Primary Symbol: V.DMI

Diamcor Mining Inc. is a Canada-based diamond mining company engaged in the mining, exploration, and sale of rough diamonds. The Company's primary focus is on the mining and development of its Krone-Endora at Venetia Project, which is co-located and directly adjacent to De Beers' Venetia Diamond Mine in South Africa. The Krone-Endora at Venetia Project consists of prospecting rights over the farms Krone 104 and Endora 66, which represent a combined surface area of approximately 5,888 hectares. In addition to the advancement of the Krone-Endora at Venetia project, the Company also reviews and pursues other mining opportunities in South Africa and other mining regions. The Company focuses on the acquisition and development of mid-tier projects with near-term production capabilities and growth potential. It also focuses on acquiring projects which deal with the processing of tailings reserves.


TSXV:DMI - Post by User

Post by CaseProdemoon Feb 18, 2024 7:43am
246 Views
Post# 35886472

2024 forcast

2024 forcastThe last few quarters have been bad for all diamond miners but that is a behind us now.
What can we expect in 2024 from diamcor? Not to sound like a broken reccord but it really looks like it is finaly going to happen this year. Production rampup and a good estimate how much is in the ground for us to get out in the next few years.Like all miners you need to know this before you decide how much equiptment money and manpower you need throw at it to get it out and make a proffit.They are finaly at this point to get going after years of set backs. Low cost production with a recovering market in natural rough and supply resticted.This could get realy good fast.
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