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Storm Mountain Diamonds

Namakwa Diamonds making progress with strategic restructuring

Africa-focused Namakwa Diamonds’ revenue declined 41% to $51.02-million in the year ended August, following the reduction of third party trading activity. However, revenue generated from mining activities jumped 66% to $39.45-million on the back...
16th November 2012

Namakwa enters into new $10m loan, lowers Kao forecast

Africa-focused miner Namakwa Diamonds on Tuesday lowered its 2012 production target for its Kao mine, in Lesotho, and said it had entered a new $10-million loan facility with investment group Sputnick. The London-listed miner said it had...
10th April 2012

Namakwa Diamonds targeting 200 000 ct in FY12

With its Kao mine processing plant ramping up to its 500 t/h nameplate capacity and the first 3 900 ct of diamonds to go on tender in Johannesburg in January, LSE-listed Namakwa Diamonds said on Thursday it expects to generate positive cashflow...
12th January 2012

Namakwa raises $9,5m in Johannesburg diamond sale

London-listed Namakwa Diamonds on Monday reported that it had raised $9,52-million by selling 22 841 ct of diamonds from its operations in South Africa, Lesotho and the Democratic Republic of Congo (DRC). The sale included a 7,53-ct vivid orange...
1st November 2010
Namakwa Diamonds

Company Announcement: 7.53ct Vivid Orange sells for record price of US$176,713 per carat PDF Available

Attached please find a press release on: The Trading & Beneficiation Division of Namakwa Diamonds, the integrated diamond resource group focused on Southern Africa, is pleased to announce the result of the recent sale of Namakwa and Storm...
1st November 2010
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