Diamcor Mining 8/29/2023 Earnings Report

Diamcor Mining EPS Results

• Actual EPS: -$0.01
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Diamcor Mining Revenue Results

• Actual Revenue: $0.75 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Diamcor Mining Announcement Details

• Date: 8/29/2023
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Diamcor Mining (OTCMKTS:DMIFF) Inc. is a Toronto‐ and Johannesburg‐listed diamond mining and exploration company focused on the acquisition, exploration and development of alluvial and near‐surface diamond resources. The company’s principal asset is the Krone-Endora Extension project, located adjacent to De Beers’ Venetia Mine in South Africa’s prolific Limpopo Province. Through reprocessing of tailings and targeted excavation of fresh gravels, Diamcor Mining seeks to recover commercial quantities of gem‐ and industrial‐grade rough diamonds.

Since commencing operations, Diamcor Mining has combined conventional open‐pit mining techniques with specialized wet‐processing and jigging equipment to extract diamondiferous gravels. The project’s modular processing plant allows for staged expansion and variable throughput based on market conditions. By selectively treating higher grade gravels and tailings streams, the company aims to maximize value recovery while minimizing environmental disturbance.

Diamcor Mining markets its rough diamond production through established sale channels in Antwerp and other international centers. The company’s sales strategy targets both jewelry manufacturers and industrial end‐users, offering parcels ranging from smaller melee goods to larger, high‐clarity gems. Diamcor Mining’s marketing team emphasizes traceability, independently verifiable origin and responsible sourcing in support of global industry certification protocols.

Founded in 2003, Diamcor Mining is led by Chief Executive Officer Gil Shamir and Chief Financial Officer Patrick Anderson, with corporate headquarters in Vancouver and regional offices in South Africa. The company continues to evaluate opportunities for expansion through exploration concessions and reclamation agreements, while advancing community engagement and sustainable mining practices in its operating regions.