DiamondCorp PLC (DiamondCorp) is a United Kingdom-based diamond producer. DiamondCorp�s main project is its 74%-owned Lace diamond mine is located 200 kilometer southwest of Johannesburg in the Free State Province of South Africa. The project consists of the Lace kimberlite. Approximately 33 million tons of kimberlite have been outlined in the main Lace pipe between the 240 meter and the 855 meter level, containing an estimated 13.3 million carats of diamonds at an average estimated grade of 40 carats per hundred tons (cpht). The Company�s subsidiaries include Diamondcorp Holdings Limited, Botswana Diamondcorp Limited, Lace Diamond Mines (Pty) Limited, Soapstone Investments (Pty) Limited and DCP Exploration (Pty) Ltd. During the year ended December 31, 2011, the Company terminated operations in its Botswana property.