DiamondCorp sets out growth plans on eve of its JSE debut
Diamond producer DiamondCorp, which makes its JSE debut on Monday , plans to expand through joint ventures, mergers or acquisitions of proven diamond deposits it can build into a mine, either in SA or elsewhere, says CEO Paul Loudon. DiamondCorp was quoted on London’s AIM a year ago when it raised about £2,5m for working capital. This supplemented about £9m raised previously from UK, European and US institutions.
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