Karelian Diamond Resources (LON: KDR) has officially registered its Lahtojoki mining concession in Finland’s land registry, marking a key milestone in the development of what may become the European Union’s first diamond mine
The registration, managed by Finland’s mining authority TUKES, allows Karelian to move forward with further development plans at the Lahtojoki kimberlite pipe, known for its potential to yield high-quality gem diamonds, including rare pink and coloured stones that can command up to 20 times the price of standard colourless gems