Diamcor Mining - DMIFF STOCK NEWS

Diamcor Mining Inc. announced the delivery of 2,521.17 carats of rough diamonds for its first tender of the quarter ending December 31, 2021, maintaining expectations. This tender follows the recent phase one upgrades at the Krone Endora at Venetia Project, with plans for further upgrades ongoing. The company projects improved operational efficiencies and cost reductions. Additionally, Diamcor will participate in the LD Micro Main Event conference from October 12-14, 2021, presenting growth plans and engaging with stakeholders.

Diamcor Mining Inc. (OTCQB:DMIFF) has successfully completed its Phase One upgrade at the Krone Endora at Venetia Project ahead of schedule, enabling a projected 100% increase in processing volumes and reduced operating costs. The upgrades enhance diamond recovery and support future expansions, including Phase Two upgrades set to begin by year-end 2021, which will add high throughput X-ray technology. Additionally, the company plans further exploration in 2022 to assess the broader project area. This milestone supports Diamcor's long-term growth strategy.

Diamcor Mining Inc. announced the early completion of the first phase of upgrades at its Krone Endora at Venetia Project, designed to potentially double processing volumes. Key enhancements include new materials handling, expanded diamond concentration systems, and a new electronic diamond x-ray recovery unit. The upgrades also aim to reduce water and power consumption. CEO Dean Taylor praised the operational team's efforts amidst the COVID-19 pandemic. These upgrades are seen as foundational for future enhancements aimed at boosting throughput and recovery rates.

Diamcor Mining Inc. (TSX-V.DMI / OTCQB-DMIFF) reported significant results from its latest diamond sales during August 2021, achieving gross revenues of USD $1,023,842.11 from 4,330.24 carats sold at an average price of USD $236.44 per carat. The company noted strong demand for its diamonds, including larger gem-quality stones, and highlighted an ongoing project upgrade aimed at increasing processing capacity by up to 100%. CEO Dean Taylor expressed optimism about future sales despite lower volumes due to the COVID-19 pandemic.

Diamcor Mining Inc. (DMIFF) reported strong results from its rough diamond sales in July 2021, totaling 2,989.54 carats with gross revenues of USD $744,085.44.

The average price per carat reached USD $248.90, with a notable second sale generating an average of USD $330.67 per carat. The company continues to see demand that meets or exceeds expectations. CEO Dean Taylor highlighted plans for processing upgrades to potentially double operational capacity before September 30, 2021.

Diamcor Mining Inc. (DMIFF) announced the approval of warrant repricing and expiration extension by the TSX Venture Exchange on August 6, 2021. This follows a prior announcement on June 4, 2021. The company has a strategic alliance with Tiffany & Co., allowing Tiffany to purchase up to 100% of future rough diamond production from the Krone-Endora at Venetia Project. Diamcor's Krone-Endora Project is adjacent to De Beers' Venetia Diamond Mine, with identified deposits that could enable low-cost mining operations.

Diamcor Mining Inc. (DMIFF) will present at the First Annual Access to Giving Virtual Investor Conference from July 13-15, 2021. CEO Dean Taylor is scheduled to speak on July 15 at 1:30 AM EDT. The event allows for one-on-one meetings with investors, supporting financial literacy education. Diamcor, known for supplying rough diamonds and its strategic alliance with Tiffany & Co., has significant operations in South Africa, particularly at the Krone-Endora at Venetia Project. For more details, visit Diamcor's website.

Diamcor Mining Inc. (DMIFF) reported robust results for Q1 ending June 30, 2021, despite COVID-19 restrictions. The company sold 4,468.04 carats of rough diamonds, generating gross revenues of USD $1.21 million and an average price of USD $270.39 per carat. Notably, larger gem-quality diamonds were sold with ongoing deliveries expected to bolster Q2 revenues. CEO Dean Taylor highlighted the potential for profit amid a perceived long-term shortage of rough diamonds, aligning with their increase in processing volumes.

Diamcor Mining Inc. (DMIFF) will present virtually at the LD Micro Invitational XI on June 8, 2021, at 10:30 am EDT. This three-day investor conference runs from June 8 to June 10, featuring around 180 companies. Each presentation lasts 25 minutes, with the first day showcasing a special event: the LD Micro Hall of Fame. Diamcor has a solid track record in supplying rough diamonds globally, emphasizing its longstanding operational presence in South Africa.