PEA recommends opencut diamond mine in eastern Finland – Karelian

August 1, 2017

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Dublin-headquartered Karelian Diamond Resources has received the results of a preliminary economic assessment (PEA) for its Lahtojoki kimberlite pipe in eastern Finland, which recommends that a mine should be developed to extract more than $200-million worth of diamonds.
The PEA, which was carried out by Brennan Mining Services, estimates that about 2.11-million carats could be recovered from a mine operating for nine years.

Category: General