CAPITAL MARKETS

Elkedra smoothing out the humps

ELKEDRA Diamonds has broken even in the month of August at its emerging Chapada diamond mine in Brazil and expects the operation to become cashflow positive as throughput is ramped up above current levels of 60% capacity.

Michael Vaughan
Elkedra smoothing out the humps

Some $US400,000 worth of additional equipment is expected at Chapada at the end of September to overcome bottlenecks at the plant. Elkedra executive director Sam Randazzo told MiningNews.net today the...

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