Pangea DiamondFields exits Central African Republic

Africa-focused diamond producer and explorer Pangea Diamondfields would sell its Dimbi project in the Central African Republic (CAR) to a senior employee, the company announced on Tuesday. Pangea DiamondFields is selling its wholly-owned...

Pangea and IGE to merge Southern Africa diamond operations

Swedish mining group International Gold Exploration (IGE) would merge its diamond operations with that of Aim-listed Pangea DiamondFields to create a “significant” diamond exploration and production company in Southern Africa. The parties...

Pangea trims expectations at Angola diamond project

Aim-listed Pangea DiamondFields has lowered its production expectations at the Cassanguidi diamond project, in Angola, and has struggled with logistical and equipment problems at the operation. During December, production has been negatively...

Pangea DiamondFields secures bridging loan

Aim-listed diamond producer Pangea DiamondFields has signed an unsecured, short-term bridging loan agreement with one of its major shareholders. The agreement was signed through Pangea’s wholly owned subsidiary, Efidium.

Pangea DiamondFields sees Angola rough diamond prices improving

Aim-listed diamond producer Pangea DiamondFields on Tuesday reported that its recent sale of diamonds from the Cassanguidi project, in Angola, had yielded an average price of $147,50ct. The company had sold around 1 964 ct, and the average price...