Karelian Diamond Resources Plc (KDR)
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Karelian Diamond Resources Plc Profile
| Metals & Mining Industry | Materials Sector | - CEO | LSE Exchange | G52195131 CUSIP |
| Ireland Country | 2 Employees | - Last Dividend | 22 Dec 2017 Last Split | - IPO Date |
Overview
Karelian Diamond Resources Plc is a resource exploration company focused on identifying and developing diamond deposits primarily within Finland but also explores for other precious metals in Northern Ireland. Established in 2004, the company is strategically headquartered in Dublin, Ireland, positioning itself in proximity to its exploration sites and the European market. Karelian Diamond Resources Plc is known for its commitment to sustainable and responsible exploration practices, aiming to uncover significant diamond resources in the region. With its specialized focus on diamond exploration, Karelian Diamond Resources Plc holds interests in several key projects, including the Lahtojoki diamond project in the Kuopio–Kaavi region and the Seitaperä diamondiferous kimberlite pipe and Riihivaara diamond projects in Kuhmo, all located in Finland.
Products and Services
- Lahtojoki Diamond Project
- Seitaperä and Riihivaara Diamond Projects
- Nickel, Copper, and Platinum Metals Exploration in Northern Ireland
Located in the Kuopio–Kaavi region of Finland, the Lahtojoki project is Karelian Diamond Resources Plc's prime exploration project. This site is particularly promising due to its confirmed presence of diamondiferous kimberlite, an indicator of potential diamond deposits. The company's efforts here are focused on detailed exploration to evaluate the commercial viability of the diamond resources.
In the Kuhmo area of Finland, Karelian Diamond Resources Plc is engaged in the exploration of the Seitaperä diamondiferous kimberlite pipe and the Riihivaara diamond projects. These projects represent significant exploration targets for the company, with the potential for uncovering new diamond resources. The exploration activities include geophysical and geochemical analyses, drilling, and sample collection for detailed assessment.
Expanding beyond diamonds, Karelian Diamond Resources Plc also explores for nickel, copper, and platinum group metals in Northern Ireland. This diversification of exploration activities highlights the company's strategy to explore for other valuable metals, potentially widening their portfolio of exploitable resources. The exploration in Northern Ireland involves geological surveys, sampling, and analysis to determine the presence and commercial potential of these metals.
