New Lesotho diamond mine to open in 2011 – Namakwa

Africa-focused miner Namakwa Diamonds’ flagship Kao diamond project, in Lesotho, was on track for phase-one commercial production to start in September next year. In an interim management statement released on Tuesday, CEO Nico Kruger said that...

Namakwa upbeat on diamond prospects

Supply-side pressures would likely drive a surge in diamond prices in the second half of 2010 that would signal the start of a recovery for the diamond sector, leading to a positive recovery in 2011, LSE-listed Namakwa Diamonds said on Tuesday....

Namakwa Diamonds expands in DRC with $5m acquisition

London-listed Namakwa Diamonds has bought private mining operation Kasai Resource Mining (KRM), in the Democratic Republic of Congo (DRC), for $5-million, it announced on Tuesday. The acquisition would allow Namakwa to potentially raise its...

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...

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...

New projects expand African footprint

Mid-tier diamond producer and exploration company Pangea Diamondfield announced in May, in its first quarter update report, that with immediate effect, its portfolio now consists of eight projects located in the Central African Republic (CAR),...

Bulk sampling plant commissioned at Pangea Diamondfields' DRC project

Aim-listed mid-tier diamond miner and explorer Pangea Diamondfields on Wednesday announced that the bulk sampling plant has been constructed and commissioned, and the first diamonds recovered from the plant were hand sorted in February. The...

NEW DRC DIAMOND PLANT

Construction of a new bulk sampling plant at the Longatshimo river project is under way in the Democratic Republic of Congo (DRC), midtier diamond producer-explorer Pangea Diamondfields reports. Commissioning is on schedule for the middle of the...

Company Announcement: Convoy carrying bulk sampling plant arrives at Longatshimo River project

Attached please find a press release on: Pangea Diamondfields plc (AIM: PDF), the mid-tier diamond producer and exploration company, announces that the convoy carrying the bulk sampling plant for the Longatshimo River project has arrived on site...

Pangea Diamondfields bulk sampling plant arrives in DRC, starts construction

Mid-tier diamond producer and exploration company Pangea Diamondfields (PDF) said on Thursday that the convoy carrying the bulk sampling plant for its Longatshimo river project had arrived on site in the Democratic Republic of Congo and that plant...