Pangea DiamondFields appoints operations manager as new CEO

Aim-listed midtier diamond producer Pangea DiamondFields on Wednesday reported that its current operations manager for its Democratic Republic of Congo (DRC) and South African projects, Boris Richard Kamstra, would take over as CEO, effective...

Pangea says Angola expansion project to reach full output by year-end

Aim-listed mid-tier diamond producer Pangea Diamondfields has completed the expansion of its Cassanguidi project in Angola, and expects it to reach full capacity by the end of the year, it reported on Tuesday. The Cassanguidi mine would be...

Pangea Diamondfields puts Bakerville project on care-and-maintenance

Aim-listed Pangea DiamondFields will place its Bakerville project, in Gauteng, on care-and-maintenance until the mining right, which will allow for full-scale exploitation of the deposit, has been approved. Pangea said on Monday that the mining...

Pangea DiamondFields gears up to start production in Angola

Aim-listed diamond exploration company Pangea DiamondFields’ Cassanguidi project, in Angola, was expected to reach full-capacity commercial-scale operation by the third quarter of this year, as the expansion project was nearly completed. The...

Diamond producer 
focuses on cash 
positive projects

Diamond producer and exploration company Pangea DiamondFields has streamlined its portfolio to focus on projects closest to being cash positive.

Pangea DiamondFields raises $670 000 in diamond sales

Aim-listed diamond producer Pangea DiamondFields has sold 5 710 ct from its Longatshimo River and Tshikapa River projects, in the Democratic Republic of Congo (DRC), as well as from its Dimbi project, in the Central African Republic (CAR). The...

Pangea Diamondfields says Bakerville tender averages $236/ct

Aim-listed Pangea Diamondfields has successfully sold diamonds from its Bakerville project, in South Africa, by way of tender. The sale yielded an average price of $236/ct from a run-of-mine parcel of 1 016 ct. To date, some 1 233 ct in total,...

Pangea plans commercial-scale project at Angola prospect

Diamond exploration and development company Pangea DiamondFields reported on Friday that “substantial progress” had been made in its goal of progressing three of its projects to a mine development phase. “Since listing on Aim [in] October...

Pangea repays $2m loan

Aim-listed diamond producer Pangea DiamondFields (PDF) has repaid its $2-million loan from Pangea Exploration (Panex) and, in turn, received an extension of the option agreement over its South African assets. Following the successful fundraising...

Gem explorer expects three projects to reach commercial scale by end ‘09

Aim-listed diamond explorer and producer Pangea DiamondFields said on Monday that despite rising input costs for fuel and other consumables, overall exploration costs had been maintained within budget, with the explorer on schedule to have three...

Brett Thompson takes over as Pangea Diamondfields CEO

Aim-listed diamond producer and explorer Pangea Diamondfields reported that Brett Thompson on Tuesday took his new position of CEO of the company, taking over from Rob Still.

How community is cut into deal

Diamond exploration at Schmidtsdrift has resulted in an early turnaround of fortunes for the Batlhaping community of greater Kimberley.