DiamondCorp received additional funding of £ 300,000 as funding from Rasmala, which owns a 11.6 percent stake in diamond miner.
Last month DiamondCorp received at Rasmala loan of £ 700 000.
Earlier DiamondCorp is considering the sale of its diamond mine Lace (Lace), but then this week it abandoned the plan, saying that the proposals received significantly underestimated the project.
At the same time, the company said production at Lace continued in accordance with the company's expectations. As expected, on Wednesday 5,000 carats of diamonds from waste companies have been turning to the security deposit for loan collateral issued by Rasmala.
Processing volume breed in the current month according to the schedule must exceed 15 000 tonnes, and evaluation of diamond content in the rock for November so far is 29 carats per hundred tonnes, the company said.
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Organized by the Council for the promotion of exports of gems and jewelery (Gem and Jewellery Export Promotion Council, GJEPC) the ninth Jewelery Show Signature IIJS third Indian exhibition of equipment for industry of gems and jewelery (India Gem & Jewellery Machinery Expo, IGJME) opened to visitors last Friday. The main guest of the industry events Subhash Desai (Subhash Desai), Industry Minister of Maharashtra, opened Signature IIJS 2016 in the presence of the chairman of GJEPC Pravinshankara Pandya (Praveenshankar Pandya), the guest of honor Andrew Zharkov, the president of Alrosa (Russian Federation), the guest of honor Manodzha Dvivedi (Manoj Dwivedi), Secretary of India's Ministry of commerce, Russell Mehta (Russell Mehta), deputy chairman of the GJEPC, Saunaka Parikh (Saunak Parikh), head of the department of national exhibitions of the GJEPC, and Sabyasachi Ray (Sabyasachi Ray), executive director of GJEPC.
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