The diamond miner Diamcor Mining has announced a term-loan financing to accelerate growth in diamond processing at its primary project, the Krone-Endora mine in South Africa. The company <a href="https://www.diamcormining.com/news/diamcor-announces-term-loan-financing-to-expedite-increased-processing-at-krone-endora?utm_source=in_materials">believes</a> the short-term issues that depressed demand and prices throughout the rough diamond sector in 2024 are showing signs of improvement, and thus expects the market to rebound in 2025.

Tiffany’s diamond supplier Diamcor sees demand recovery in 2025

Shares of diamond mining company Diamcor Mining fell sharply on Tuesday, June 18, on the Canadian exchange and in over-the-counter trading in New York, continuing to decline on June 19 in Frankfurt. The company <a href="https://diamcormining.com/news/diamcor-extends-closing-of-second-tranche-of-private-placement">announced</a> it had extended the closing of the second tranche of its private placement, from which it aimed to raise up to CAD 2.5 million (approximately USD 1.8 million).

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Tiffany’s diamond supplier Diamcor sees demand recovery in 2025

Shares of diamond supplier to Tiffany & Co. plummet by 15%