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DiamondCorp Resumes Drilling at Lace Mine in South Africa

Nov 23, 2015 5:43 AM   By Rapaport News
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RAPAPORT... DiamondCorp resumed tunneling at its Lace mine in South Africa almost two weeks ahead of schedule after an earlier delay to drilling at the site.

Development is focused on the high-grade K4 kimberlite, the miner said in a statement November 20. It follows successful installation of steel-arched sets as a “safe canopy” for workers and machinery because of ground conditions. The need to build the structure caused interruptions to operations, DiamondCorp said in an earlier statement November 3.

“Resumption of development work means that many of the operational challenges we have been facing in recent months have been overcome, albeit that the overall development and production timetable remains behind schedule, as previously announced,” DiamondCorp’s chief executive officer Paul Loudon said in the statement.

DiamondCorp owns 74 percent of the Lace mine.
Tags: DiamondCorp, Lace Diamond Mine, Rapaport News, South Africa
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