Turkey top envoy goes to Niger in bid to secure uranium supplies
The trip comes after Niger’s military government withdrew mining rights from Canadian and French companies to develop uranium deposits.
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.
