About this document
2014 Diamond Mining Annual Report by djokouwm is a document available to read on EtoBox.
- The company completed trial mining at its Kareevlei diamond mine in South Africa and began construction of a larger processing plant. - It incurred a loss of £430,000 for the year as it completed the trial mining phase. Revenue was £65,000 from sales of 462 carats of diamonds. - The company invested approximately £300,000 in new plant and equipment and £134,000 in mining rights and rehabilitation costs. It obtained financing of £400,000 from a convertible loan. Its cash position at year end was £248,000.
- Author
- djokouwm
- Language
- EN