Company News: Namakwa Diamonds
Updated: 01 Mar 2010
Namakwa Diamonds is the only quoted vertically integrated diamond mining company. Its strategy of backward integration from its 30 years of beneficiation experience into mining has created a unique public investment proposition. Namakwa Diamonds has a diversified portfolio of diamond projects, which include five distinct diamond resource target areas. These are located in four African countries, namely; South Africa, the Democratic Republic of Congo, Namibia and Angola. Namakwa’s projects are located within historically prospective geological environments. Alluvial diamond deposits, including marine, constitute the primary focus of the company, whilst kimberlite opportunities will be considered if they represent an advanced stage of development, consistent with Namakwa’s philosophy of a short resource delivery time as provided by its alluvial diamond mines.
Business Category Exploration; Mining
Regions of Operation Central and East Africa; Southern Africa; West Africa
Exchange Ticker NAD
Financial Information
Stock Feed
Exchanges listed on LON
Share Holders
Market Cap
Shares Issued
209 SA Diamond Centre 225 Main Street
- Johannesburg
- 2001
- za
Most Recent Company News
- Namakwa wage dispute - 20 Apr 2012 12:40pm
London-listed Namakwa Diamonds Ltd said the National Union of Mine Workers in South Africa has called a strike at the group’s operations in the North West province, as a result of a wage dispute Read more... - Stockpile: Letseng find gives Gem a boost - 16 Sep 2011 4:32pm
Gem Diamonds Ltd has experienced a return to form on the London main market since revealing a massive find at its Letseng mine in Lesotho earlier this month. Read more... - Stockpile: Global worries weigh on market - 09 Sep 2011 4:24pm
Markets fell in the week as negative global economic sentiment continued to weigh on share prices. Read more... - Namakwa restores funding - 09 Sep 2011 1:25pm
Namakwa Diamonds Ltd has secured alternative financing to replace a two-month old US$30 million facility that was withdrawn at the end of last week Read more... - Namakwa restores funding - 09 Sep 2011 1:25pm
Namakwa Diamonds Ltd has secured alternative financing to replace a two-month old US$30 million facility that was withdrawn at the end of last week. Read more... - Namakwa restores funding - 08 Sep 2011 4:44pm
Namakwa Diamonds Ltd has secured alternative financing to replace a two-month old US$30 million facility that was withdrawn at the end of last week. The company has also appointed a new chairman, chief executive officer and senior non-executive director. Read more... - Stockpile: Namakwa review cuts value in half - 05 Sep 2011 12:15pm
Read more... - Namakwa primed for organic growth - 21 Apr 2011 12:04pm
Namakwa Diamonds Ltd chief executive, Nico Kruger, has said the focus over the next several reporting periods would be on organic growth and achieving targets at existing projects, rather than to pursue corporate deals Read more... - Diamond companies fund development - 10 Dec 2010 11:28am
A trio of diamond companies have announced financings during the past week, primarily to advance development at their respective mines in southern Africa Read more... - Namakwa's Vivid Orange sells for a record - 01 Nov 2010 12:24pm
Namakwa Diamonds has sold the rare Vivid Orange diamond recovered from its North West province operations of South Africa for US$1.33 million. Read more...
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