Karelian Diamond Resources Plc
LLSE:KDR0.80
GBX
+0.05
(+6.67%)
ISIN
IE00BD09HK61
Return %
Stock
S&P 500
1Y
33.33
14.20
3Y
-71.43
81.12
5Y
-75.38
68.34
Capital Structure
EUR
•
in mil. unless spec.Working Capital
EUR
•
in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Semi-annual Revenue
EUR
•
in mil. unless spec.Semi-annual Earnings Per Share
EUR
•
in mil. unless spec.Semi-annual Dividends Per Share
EUR
•
in mil. unless spec.Company Description
- CEO
- Maureen Theresa Anne Jones
- Full Time Employees
- 3
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Shannon Airport House Shannon CE Ireland V14 E370
- IPO Date
- Sep 1, 2005
- Similar Companies
- Business
- Karelian Diamond Resources Plc is an Ireland-based diamond and natural resources exploration company primarily engaged in the exploration and development of diamond deposits and base metal resources in Finland and Northern Ireland. The company’s core products and services include the exploration, evaluation, and prospective development of diamondiferous kimberlite pipes and deposits, notably the Lahtojoki diamond project, the Seitapera kimberlite pipe, and the Riihivaara diamond exploration project in the Karelian Craton of Finland. Additionally, Karelian Resources has expanded its exploration portfolio to include prospecting for nickel, copper, and platinum group metals through its Colebrooke project and other licenses in Northern Ireland, targeting base and precious metals. Founded in 2007 and headquartered in Shannon, Ireland, Karelian Diamond Resources operates primarily in Finland and Northern Ireland, focusing on geological exploration and advancing mineral deposits toward development. The Lahtojoki diamond deposit, distinguished by a significant proportion of colored diamonds including rare pinks and greens, has recently received a mining concession certificate from the Finnish Safety and Chemicals Agency (TUKES), marking a major operational milestone that enables the company to transition into the development phase for what would be the EU’s first diamond mine. The company is concurrently advancing exploration in the Kuhmo region of Finland and expanding work on its Northern Ireland permits, where an independent geological assessment has confirmed substantial potential for nickel, copper, and platinum group metals. Recent strategic developments include a fundraising round of approximately £185,000 in mid-2025 to support ongoing exploration activities, the identification of a new copper target linked to the historic Cappagh Copper Mine site within its Northern Ireland licenses, and the official granting of the Lahtojoki mining permit, accelerating Karelian’s progression toward production. The company’s diamond exploration program has been broadened to include multiple kimberlite targets identified through excavations and drilling campaigns in Finland, alongside a stream sediment sampling programme that uncovered indicators for valuable base metals in Northern Ireland. Karelian Diamond Resources positions itself in the basic materials sector, focusing on mineral exploration and development with a specialized niche in colored diamonds and strategic base metals. The company leverages technical geological expertise and strategic land positions in geologically prospective regions, targeting both diamond and base metal markets across Europe. Its ongoing exploration initiatives and operational milestones signal potential transition from explorative phases to developmental stages, representing pivotal growth elements in its corporate strategy. The company employs a small team supporting its exploration, notwithstanding its broad license holdings and multiple international project locations. The corporate governance and operational base remains in Ireland, supporting activities mainly in Finland and Northern Ireland, with a stated objective to advance its projects through development phases supported by continued exploration, funding, and potential future partnerships or joint ventures to facilitate production and commercialization.