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Diamcor Arranges Tiffany Loan Deferral

January 21, 16 by Danielle Max

(IDEX Online News) – Tiffany & Co. Canada has agreed to allow Diamcor Mining Inc. to defer its loan repayments for six months in support of the mining company’s plans.

 

The South African junior diamond miner has established a long-term strategic alliance and first right of refusal with Tiffany & Co. to purchase up to 100 percent of the future production of rough diamonds from the Krone-Endora at Venetia Project.

 

As part of this agreement, Tiffany & Co. Canada provided Diamcor with financing to advance the Venetia Project.

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