Strategy

Diamcor is focused on leveraging its proven operational history, established relationships, and excellent corporate structure to implement a production based business strategy that will allow it to achieve growth in the supply of rough diamonds to the world market. 

Rather than a typical high-risk exploration based strategy of focusing on trying to discover new Kimberlite sources, Diamcor focuses on the identification, acquisition, and operation of near-term production based diamond projects.  Projects targeted are typically non-core projects from diamond majors which are "above-ground", or "near-surface" which meet the Company's in-depth due diligence.  Suitable projects such as the processing of older Kimberlite tailings reserves from well known mines previously shut down, or higher-grade "alluvial", or "eluvial" deposits such as the pending acquisition of Krone-Endora from De Beers, all have the potential to produce ongoing, profitable production, at levels too small for the majors yet quite attractive for a mid-tier company with lower operating cost structures.

Through projects such as the pending acquisition of Krone-Endora, the Company's short-term target is to increase past production levels to 7,000 - 10,000 carats per month within 12 months. In addition to this planned initial target, the Company will be working towards identifying and establishing new additional resources on yet undefined areas of Krone-Endora, and proceeding with additional ongoing acquisition discussions aimed at achieving targeted production levels of 25,000 - 35,000 carats per month within 24-36 months.  This strategy will allow Diamcor to be well positioned to take advantage of industry expert's predictions that a significant near-term shortfall of rough diamond supply is anticipated in the coming years.