Former African Diamonds MD Campbell to head up Rockwell

Beleaguered gem miner Rockwell Diamonds, which digs for the stones in ancient river beds in South Africa, has appointed former African Diamonds boss and De Beers veteran James Campbell as CEO, it said on Wednesday. He will replace Mark Bristow,...

Botswana Diamonds plans ‘aggressive’ exploration campaign

Aim-listed Botswana Diamonds would focus on an aggressive 2011 exploration campaign with its exploration fully funded to 2012, it said on Wednesday, reporting on its interim financial results. The company was awarded an 8 087 km2 diamond...

Botswana Diamonds lists on Aim, eyes projects in Cameroon, Zim

Botswana Diamonds on Wednesday announced its admission of shares to trading on London’s Aim. Botswana Diamonds, which emerged after the C$82-million Lucara Diamonds takeover of African Diamonds in August, also said that it would examine...

Botswana Diamonds to list on Aim in January – Teeling

Botswana Diamonds is expected to list on the Aim in January, John Teeling said on Friday, announcing that African Diamonds shareholders have “resoundingly” voted in favour of a takeover from Lucara. The board of African Diamonds agreed to the...

AK6 diamond development project, Botswana

African Diamonds and joint venture partner Lucara Diamonds have announced that a formal decision to proceed with the development and construction of the AK6 diamond project has been made.

African Diamonds agrees to C$82m Lucara takeover

TSX Venture Exchange-listed Lucara Diamonds has agreed to buy Aim-listed African Diamonds in a C$82-million deal, which would create an emerging diamond producer controlling two new kimberlite mines. African Diamonds, which jointly owns the AK6...

Drilling to start on three Botswana kimberlites

Diamond-miner African Diamonds is scheduled to start a $1-million, 800-hole reverse-circulation drilling programme at its AK8, AK9 and BK5 kimberlites in Orapa, Botswana, with drilling at the company’s 40%-owned AK6 mine scheduled to start in...

Botswana’s AK6 mine development gets under way

he Lucara Diamonds and African Diamonds joint-venture (JV) board has approved the development of the AK6 mine in Botswana, where production will start towards the end of next year, the companies announced on Tuesday. TSX Venture Exchange-listed...

AK6 diamond mine, Botswana

In phase 1 of the project, 2,7-million tons a year is expected to be produced, with a ramp-up to 4,2-million tons a year in phase 2.

African Diamonds lifts stake in Botswana project to 40%

Aim-listed African Diamonds increased its stake in the AK6 diamond project in Botswana to 40%, from its initial 29%. The company purchased the additional stake from Lucara Diamond and Wati Ventures for $8-million. Lucra Diamond owns the...

African Diamonds lifts AK6 resource estimate

Aim-listed diamond company African Diamonds on Tuesday reported an indicated resource of just over 51-million tons, compared with the previously estimated 40-million tons, in its latest update on the AK6 discovery in Botswana. The new report...

Future of diamonds ‘bright’, says African Diamonds CEO

London-listed African Diamonds CEO John Teeling believes that the future of diamonds remains “bright”, despite the current economic turmoil having a severe impact on the industry. “Supplies are scarce,” he said on Wednesday, when African...